LSE Market News

Independent oil and gas producer Gulf Keystone Petroleum (LSE:GKP) is raising funds through debt financing to fuel the development of its asset in the Kurdistan Region of Iraq as well as to keep the company afloat, three weeks after the company reported its loss for the first six months of the year tripled compared to […]

AIM listed compliance and banking software group Lombard Risk Management (LSE:LRM) has this morning served up a pretty upbeat trading statement saying that first half ( to September 30th)  numbers will be slightly ahead of expectations, that it has just won a major contract and has a strong pipeline. That is what we see. There […]

Followers of AIM listed oil stocks Northern Petroleum (LSE:NOP) and Wessex Exploration (LSE:WSX) might have been expecting news from the second well to be drilled in Guyane in early November. I should warn them that it now looks likely to be late November. It does not change the story for Wessex or Northern much of […]

Amidst a disciplinary hearing of its striking employees from its platinum operations, global natural resources miner Anglo American plc (LSE:AAL) is now faced with a new group of strikers from its iron ore mine in South Africa, marking the first industrial action in the iron ore industry in the country since labour unrest erupted in […]

Oil and gas engineering and contracting services provider Lamprell plc (LSE:LAM) warned today it will end the current fiscal year at a loss “significantly greater” than previously estimated and said it plans to appoint external advisors to determine how much the loss will be, following several delays in delivery of projects during the year. Back […]

I am contacted by a couple of angry Norseman Gold (LSE:NGL) shareholders asking if they can sue the company following today’s appalling news. It is bad, there is no getting away from it but the story is not played out in full. So, firstly READ THE NEWS and why this does not mean that Norseman […]

Today comes news from AIM listed tech stock 1Spatial (LSE:SPA) that it has secured a major new contract win and the shares have raced ahead to 4p on the news. But the gains are not over yet and here is why. As it happens I wrote that shares in this company were a “compelling buy” […]

I tipped East West Resources (LSE:EWR) – the stock formerly known as Ambrian when it was a gold investment company called Golden Prospect at 5.25p back in October 2001. The shares peaked at c60p as the company became an investment bank. Today the stock is back at 11.375p. I was a total git for not bailing […]

Anyone who glanced at the trading board on the London Stock Exchange will definitely be prompted to ask what’s going on at Sound Oil plc (LSE:SOU). Looking at the turnover and the frequency at which the shares are being traded would make one trader initially think the oil and gas industry player has struck multi […]

I tipped AIM listed gold producer Goldplat (LSE:GDP) at 11.5p in October 2011 and after the publication today of results for the year to 30th June I am now 56% ahead with the shares at 16.75p. Not bad. But there is far more to come. I have just come off the phone with the company’s […]