LSE Market News

Mariana Resources secures up to US$6 million investment to fund growth of South American exploration portfolio over the next 12 months Mariana Resources Ltd , the AIM quoted exploration and development company focused in Peru, southern Argentina and Chile, has entered into a convertible securities issuance deed with Bergen Global Opportunity Fund, LP, an institutional […]

Talks of completed 60 tonne per hour mill DekelOil Public Limited, a palm oil development company with interests in Côte d’Ivoire, has announced its interim results for the year ended 30 June 2014. Highlights: · DekelOil successfully established as a revenue-generative, EBITDA-positive vertically-integrated CPO producer in the Cote d’Ivoire · Successful commissioning of a 60...

Thalassa Holdings share price sank nearly 24% following publication of its interim results for the first half, as of 30 June, in a vivid display of the anxiety that continues to infect investors. My personal opinion is that the anxiety is not caused so much by any particular company report, but more so by concerns […]

Nayega Manganese Project, Togo – New Ferromanganese Strategy, Definitive Feasibility Study and Mining Licence Update Ferrex plc, the AIM quoted iron ore and manganese development company focused in Africa, has provided a strategic update from the 92,390Ha Nayega Manganese Project, held through Societe Generale de Mines, located in northern Togo. The Company is focussed on […]

Land Lease in Northern Kenya to Establish Logistics Hub Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, has said that Ardan Risk & Support Services, the Company’s primary investment, has entered into a 15 year lease over a sizeable land plot in Northern Kenya, which will be used for […]

Company argues of “substantial” progress made Paragon Diamonds Limited, the AIM quoted diamond development and production company, has issued audited final results for the six months to the 30 June 2014. Overview: * Substantial progress made towards building a cash generative diamond production company with a portfolio of multi-stage projects located in known diamondiferous regions...

Update re: Ethiopian Wayu Boda JV Gold Project Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has been formally notified by its Joint Venture partner Centamin plc that, following the completion of the recent exploration programme, it will continue to satisfy the initial expenditure commitment at the […]

Will involve 1.2m tonnes of LNG BP and Tokyo Electric Power Company (TEPCO) has signed a sales and purchase agreement for liquefied natural gas (LNG). Under the agreement, TEPCO will purchase from BP up to 1.2 million tonnes of LNG per year (mtpa) for 17 years starting in 2017. BP will supply TEPCO with LNG […]

Interim Results for the six months ended 30 June 2014 Armadale, the AIM-quoted investment company primarily focused on the Mpokoto Gold Project in the Democratic Republic of the Congo, has announced its interim results for the six months ended 30 June 2014. Overview: – Scoping Study at Mpokoto and significant value upside anticipated from Expanded […]

High Quality VMS Copper Drill Targets Identified in Block 5, Oman Savannah Resources plc (LSE:SAV) announces that field reconnaissance of high priority Versatile Time Domain Electromagnetic Survey targets at the Company’s prospective Block 5 Copper Project, located in the strongly mineralised Semail Ophiolite Belt in northern Oman, has identified a number of high quality drill […]