Global News

Production Update & Reserve Report Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has provided an update on current production and an independent Reserves Report as at 1 June 2015, on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the […]

Interim Results Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced its interim results for the six months ended 30 June 2015. Highlights · Continuing to build substantive portfolio of Underground Coal Gasification (‘UCG’) Licences inshore UK – portfolio totals 690km2 · Progressing Conventional Hydrocarbon licences in the Southern...

Strong Progress Towards Gaining Certification to the Round Table for Sustainable Palm Oil DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Cote d’Ivoire, has made significant progress towards achieving its objective to become a certified producer of palm oil in line with the standards set by the […]

MOU with Zambian company for the supply of 50,000MT of fertiliser African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, ihas entered into a Memorandum of Understanding with a Zambian fertiliser supply company with a view to supplying them with in excess of 50,000MT of fertiliser, following an introduction by the Common […]

Positive PEA on Tongo Project and Mining Licence Application, Sierra Leone Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced the results of the preliminary economic assessment from its Tongo kimberlite diamond project in Sierra Leone. Independent consulting company Paradigm Project Management was retained by the Company...

What are the details? Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Alcyon. The gross charter rate […]

Commissioning of Plant at Pickstone-Peerless Gold Mine Vast Resources plc, the AIM-listed resource and development company, has announced the commissioning of the ball mill and the carbon in leach plant at the Pickstone-Peerless Gold Mine, thus facilitating the start of gold adsorption and marking a further milestone in its transition into a cash generative mining […]

“The wisest rule in investment is: When others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” ~ Jonathan Sacks “Panic is … […]

“However, it is pleasant to win over the long term. Contrary to popular opinion, losses are part of winning. Take sports for example.” – Markham Gross A drawdown is the peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and […]

The biggest financial news of the week, up until Greek Prime Minister Alexis Tsipras announced his resignation, has, arguable been George Soros investing the equivalent of £1.43 million in Arch Coal (NYSE:ACI) and Peabody Energy (NYSE:BTU), two coal mining companies that have have been struggling, having lost 98% of their value over the past several years. […]