LSE Market News

The Royal Bank of Scotland Group(LSE:RBS) has reached a settlement with the European Commission, in relation to competition law breaches concerning certain interest rate derivatives referenced to the London Interbank Offered Rate, LIBOR, based on Japanese Yen  and the Euro Interbank Offered Rate., URIBOR.  The Commission has handed out fines totaling 1.7bn euros to eight […]

Goldplat (LSE:GDP), the AIM listed gold recovery and production company in Africa, is pleased to announce that the Company’s market leading South African gold recovery operation, Goldplat Recovery (Pty) Limited has been certified as producer of Responsible Gold, with its strategic partner, Rand Refinery, one of the world’s leading gold refining companies. Responsible Gold, in […]

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 […]