LSE Market News

Anglo Asian Mining (LSE:AAZ), the AIM listed gold producer in Azerbaijan, have issued positive exploration update from additional drilling undertaken at its flagship Gedabek gold, copper, silver mine in western Azerbaijan. – Current c.3,000m drilling programme has discovered new high grade gold extension at Gedabek, north-west of the main Gedabek deposit (see map) · Elevated […]

I poured my morning coffee, unfolded my newspaper, and nearly choked on the headline:  RBS Admits Decades of IT Neglect.  All I could think was, “You blithering idiots!” I’m not going to discuss RBS share price (LSE:RBS) today, although I will say that it is, inexplicably, up 0.30 pence to 331.40, about one-tenth of one […]

FinnAust Mining (LSE:FAM), an exploration company with an extensive and highly prospective portfolio of Finnish copper and nickel assets, had announced the readmission of its enlarged issued share capital to trading on AIM following the reverse takeover of Centurion Resources plc. Contingent with the reverse takeover, the Company raised £3.4 million through the placing of […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, is pleased to announce that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,787,624 ordinary shares of 1 penny each […]

Modern Water plc (LSE:MWG) took advantage of David Cameron’s visit to China, using the opportunity to announce three new, significant contracts with entities in that country.  The announcement was made at 12:41 pm and the Modern Water share price increased sharply almost immediately.  Opening this morning at 36.65, the share price jumped to 39.70 in […]

Sable Mining Africa (LSE:SBLM), the AIM listed exploration company, has revealed that its 80% owned subsidiary company West Africa Exploration S.A. (‘WAE’) has entered into a memorandum of understanding with the Government of Liberia (the ‘MOU’), the purpose of which is to enable the parties to conduct technical due diligence, 3rd party discussions and negotiations […]

Nordic Energy (LSE:NORP), an oil and gas E&P company focussed on Denmark, Norway, and the North Sea sectors of the Netherlands and the UK (the Nordic Area), has issued an update on its 80% owned Danish Licence 1/13 (‘the Licence’). The Licence, acquired by Nordic during September, 2013, is the largest exploration and production licence […]

Noricum Gold (LSE:NMG), the Austrian focused gold exploration and development company, is pleased to announce the appointment of Mr. Michael Hutchinson to its Board of Directors as Non-Executive Chairman with immediate effect. Michael brings to Noricum Gold extensive operational experience in Europe and is expected to have an immediate positive effect on the Company as […]

Plexus Holdings (LSE:POS), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, have announced that it has agreed to supply its high pressure/high temperature (‘HP/HT’) POS-GRIP wellhead equipment to Glencore Exploration Cameroon Ltd (‘Glencore’), the leading integrated commodities producer and marketer, for...

AIM quoted Goldplat (LSE:GPD), a leading gold recovery company in Africa, is in London this week on Tuesday 3rd and Wednesday 4th of December and will be available for meetings both at Mines and Money and outside of the conference (CEO Ian Visage and Hansie Van Vreden the Managing Director of the gold recovery operations). […]