LSE Market News

Anglo Asian Mining plc, the AIM listed gold producer in Azerbaijan, has announced final audited results for the year ended 31 December 2013 (‘FY 2013’). Overview: · Steady production performance at flagship Gedabek gold-copper-silver mine in Azerbaijan in FY 2013 · Total gold production of 52,068 ounces (2012: 50,215 ounces) · Gold sales of 46,076 […]

Options three new tenements surrounding the Los Cisnes Gold-Silver Project, Santa Cruz Province, Argentina Mariana Resources Ltd, the AIM quoted exploration and development company focused in Peru and southern Argentina, announces that it has optioned three new strategic tenements abutting and adjoining its 100% owned Los Cisnes Project in the eastern Deseado Massif, a prolific […]

Rock samples return DSO iron grades at Mebaga Iron Ore Project in Gabon Ferrex plc, an AIM quoted iron ore and manganese development company focused in Africa, has said that high iron values have been returned from rock samples collected as part of the mapping programme in February 2014 to increase the mineralised area at […]

Signed with Mexican oil and gas operator Astar Minerals plc has announced that it has signed a joint venture agreement with Nogal Holdings LLC, an experienced operator of oil and gas properties in the US and Mexico, to jointly evaluate, acquire and develop oil and gas concessions in Mexico. This agreement is in line with […]

Phizer (NYSE:PFE) has officially withdrawn it’s £69 billion offer to acquire British pharmaceutical giant, AstaZeneca (LSE:AZN). According to a statement from Pfizer on 26 May, the deal has been withdrawn and, therefore, will not happen at any time in the near future, if ever. The text of Pfizer’s announcement read: On 18 May 2014, Pfizer announced […]

The Saga Group (LSE:SAGA) floated it’s IPO on the London Exchange today. Saga’s share price closed at the same price it was offered: 185.00 pence, after a short period spent at 189.00. As usual, there are at least two side to the story. The plot of one is that it was a successful IPO, raising £550 […]

Rockhopper Exploration (LSE:RKP) is to purchase Mediterranean Oil & Gas (LSE:MOG) for GBP 29.3 million in cash and shares, the oil and gas firm said on Friday. In a statement, Rockhopper Exploration said its board and Mediterranean Oil & Gas’ board agreed on the deal to acquire the latter at a price 6.50 pence a […]

In partnership with Northcote Energy North American Petroleum, a company focussed on developing its interests in proven US onshore oil and gas formations, notes that Northcote Energy Ltd (AIM:NCT) , its partner and operator of the 1,520 gross acre Zink Ranch Project in Oklahoma, has today announced that gas production from four wells recently recompleted […]

New Customer SCEPCO POS-GRIP Rental Contract Win Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has received a Letter of Award for its first contract with Shell China Exploration and Production Company Limited (SCEPCO), a subsidiary of Royal Dutch Shell. […]

Second Off-take Agreement to Supply Crude Palm Oil from 60 t/hr extraction Mill in Côte d’Ivoire DekelOil Public Limited, operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has announced the commencement of sales of Crude Palm Oil produced from its 60 t/hr extraction Mill to Adam-Afrique, a local […]