LSE Market News

Given some of the travails of this past year that GlaxoSmithKline (LSE:GSK) and its share price have suffered (down 13% in 2014), board members have likely been longing to have a day when they could hum along with Curly McLain in the cast of the Rogers and Hammerstein musical “Oklahoma” as he sings, “Oh, what a […]

Completion of Second Exploration Drill Hole African Potash, the AIM listed company focused on sub-Saharan potash assets, has announced the “successful completion and intersection of multiple potash seams” at its second exploration drill hole at its Lac Dinga Potash Project in the Republic of Congo. This latest drill hole was completed at one of two […]

Large Diamonds Recovered from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, announces results from the trial mining production of the five hectare Baoulé kimberlite pipe in Guinea. Highlights: · 196 carats recovered to date from kimberlite ore at an average grade of […]

Update on Wressle-1 Well, onshore UK Europa Oil & Gas plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has welcomed the announcement of Egdon Resources today confirming that detailed petrophysical and reservoir engineering evaluation on the Wressle-1 exploration well on the PEDL […]

Shares of William Hill plc (LSE:WMH) were down modestly in London today and were probably not influenced by the company’s third quarter results as much as the it would have liked them to be. In fact, the share price closed at 363.40 yesterday, gaining nearly ten points in early trading to open at 373.00 today. […]

PPA signed to provide power to Cerro Bayo Gold and Silver mine, Chile Rame Energy plc, the international power generator and engineering company, has announced that its wholly owned subsidiary, Seawind Holdings SpA, has signed a power purchase agreement with Compañia Minera Cerro Bayo Limitada to supply power to the isolated electrical grid system of […]

Drilling Update, Horse Hill-1, Weald Basin UK Stellar Resources’ (AIM:STG) Horse Hill-1 well has now been drilled to the third casing point at 6,612 feet measured depth, and will now be electrically logged through the observed reservoir sections. Electronic logging and full interpretation of these logs is expected to take approximately one week. The depth […]

Mpokoto Gold Project towards commercial production Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that it has entered into an agreement with Bergen Global Opportunity Fund, LP, an institutional investment fund, to secure flexible funding of up to US$2.73 million to support the development of its Mpokoto Gold Project, […]

Final Results Aeorema Communications, an AIM-traded live events agency, has announced its results for the year ended 30 June 2014. Overview: · Positive progress made towards building the Group as a leading provider of live events · Increased profits before tax from continuing operations to £504,841 (2013: £358,864) · Increased revenues to £4,764,584 (2013: 3,992,751) […]

There is now an opportunity to go short in Leni Gas market (LSE:LGO). Although the market has been going upwards for the most past of this year, the recent bias has turned bearish and has rendered the dominant bullish bias invalid. In the chart, the ADX period 14 is still essentially above the level 30, […]