Global News

Intention to raise c. US$18 million to fast-track gold production at Pickstone Peerless and fund purchase of Dalny Mine, Zimbabwe African Consolidated Resources, the AIM listed resources and development company, has signed a conditional agreement with Falcon Gold Zimbabwe Ltd to purchase the Dalny Mine, which is proximal to both its flagship Pickstone-Peerless Gold Project […]

The share price of ExxonMobil (NYSE:XOM) hit a 52-week high in early trading this morning at 103.25. It is currently at 102.97 at 11:10 EDT, up 0.30% from Friday’s close. The share price low point for the 12-month period was 84.79, reached in October 2013. ExxonMobil may be a giant among giants, but its sheer […]

Goldplat plc, the AIM listed gold producer in Africa, announces an operations update for its two market leading gold recovery businesses in South Africa and Ghana and its Kilimapesa Gold Project in Kenya. Trading Update: Goldplat continues to operate profitably in the second half of FY 2014 (‘H2 2014’), and the operating profit is expected […]

Is it possible that what happens within the country of Iraq, a veritable poster child for middle eastern turmoil, could have so great an impact as to cause the fragile economic recovery to collapse? The worry on the street is that the answer is “Yes.” The world is a crazy place to live, but it’s […]

Exploration Update – Soil Sampling Programme at Schonberg Project and Rotgulden Update Noricum Gold Limited, the Austrian focused gold exploration and development company, has issued an update for its wholly owned Schonberg and Rotgulden Gold and Precious Metals Projects located in south-central Austria. Overview: · Exploration at Schonberg fast tracked following results of 400 soil...

York-based Tissue Regenix (LSE:TRX) announced this morning that it has launched it DermaPure™ product in the U.S. and will be shipping product to customers next week. The TRX share price gained 27.27% to 26.50 on the day as investors demonstrated their enthusiasm in support of the projected addition $1.4 billion USD per year. The company […]

Wednesday was a bad day for two major airline giants, one a manufacturer and the other a commercial airline. The share prices of Airbus (EU:AIR) and Lufthansa (LS:LHA) both suffered following very unflattering reports. Airbus Loses Order. Share Price Drops More Than 3%. Emirates airline cancelled an order for 50 Airbus A350-900s and 20 A350-1000s, […]

Exploration Update – Jangamo Project Savannah Resources plc (LSE:SAV) has announced that it has completed over 2,000m of the planned 4,000m scout drilling programme at its highly prospective 180km² Jangamo heavy mineral sands project, located in a world-class mineral sands province in southern Mozambique. Highlights: · Visual Heavy Mineral Sands (‘HMS’) mineralisation...

SALE OF REMAINING 25% INTEREST IN TULU KAPI Nyota Minerals Limited (LSE:NYO), the gold exploration company in East Africa, has announced that it has entered into a conditional agreement with KEFI Minerals plc for the sale of Nyota’s remaining 25% direct interest in the Tulu Kapi Gold Project in Ethiopia for an aggregate consideration of […]

Ferrex plc, the AIM quoted iron ore and manganese development company in Africa,has signed a contract, on a part equity payment basis, to complete a minimum 1,200m drilling programme at the Malelane Iron Ore Project in South Africa. The drilling programme, due to commence in July 2014, is aimed at increasing the current Inferred Resource […]