Altona Energy makes Cheerful acquisition
2nd Jul 2012 15:16
AIM-listed Altona Energy has completed the acquisition of the entire issued share capital of Cheerful Jade Investment Holdings, therby securing an indirect 95 per cent beneficial interest in an advanced coal exploration licence located in the Xinjiang Autonomous region of the People's Republic of Ch
Read moreResources round-up: Altona, Mariana, Aureus ...
3rd Apr 2012 13:09
AIM listed Altona Energy has entered into a memorandum of understanding with Maison Global, a provider of clean energy products to China, which will see the two companies collaborate in the business development of project opportunities for the production of transportation fuels, energy products and
Read moreResources round-up: Global Petroleum, Trapoil, San Leon...
8th Mar 2012 08:31
Trapoil, the North Sea gas and oil explorer, has reported that operations have begun on the Orchid exploration prospect, where it has a 15% interest. This marks the start of the firm's 2012 exploration programme, which it is currently intended will include the drilling of up to a total of seven well
Read moreResource companies round-up: Stratex, Amur, TXO...
7th Mar 2012 15:36
AIM-quoted Africa and Turkey gold exploration outfit Stratex International has notified investors of the end of the so-called 'squeeze out' period for its acquisition of Silvrex, as announced on the past 2nd of December 2011. During said period the firm had the right to compulsorily acquire the rem
Read moreLondon midday: No surprises from BoE, market awaits ECB decision
8th Dec 2011 11:45
After a strong start, the Footsie pared gains by lunchtime, ahead of a busy afternoon and evening in the Eurozone. The Bank of England (BoE) issued no surprises, keeping interest rates on hold. Markets are now awaiting a decision on European Central Bank (ECB) interest rates due out at 12:45 London
Read moreAltona Energy soars on Arckaringa approvals
8th Dec 2011 09:01
Altona Energy shares have risen 14% in morning trading on news the firm has won approval from the South Australian Government for exploratory work at its Arckaringa project. Altona also says it has agreed "key elements" of the work programme at Arckaringa with its joint venture partner, CNOOC NEI,
Read moreThursday broker round-up - UPDATE
8th Dec 2011 08:45
Tesco: Nomura keeps buy rating and 500p target. Tesco: Evolution Securities keeps reduce stance and 350p target. Tesco: Panmure Gordon keeps buy rating and 500p target. Standard Chartered: Nomura maintains buy recommendation and 1,800p target. PZ Cussons: Panmure Gordon cuts target from 380p to
Read moreAltona Energy renews its Arckaringa exploration licences
20th Jun 2011 14:30
AIM-quoted Altona Energy has today announced that the government of South Australia has renewed its three Arckaringa exploration licences (ELs 4511, 4512 and 4513) for a further two years. According to the company, in taking its decision the authorities have taken into account the detailed work pr
Read moreSector movers: Rio Tinto's bid lifts miners
29th Mar 2011 16:00
Rio Tinto is among the best performing miners lifting the sector higher after its A$3.9bn bid for Australian coal miner Riversdale was declared unconditional. Eager shareholders who've already sent off their acceptance forms will get the $16 a share offered by 5 April, but will be watching closely
Read moreAltona commences feasibility study
29th Mar 2011 14:45
AIM-quoted Altona Energy and its Chinese joint venture partner CNOOC-NEIA have started the bankable feasibility study on the Arckaringa project. There is an estimated 7.8bn tonne Arckaringa coal resource (of which 1.28bn tonnes is JORC compliant) in South Australia. The plan is to turn the resourc
Read moreSmall caps round-up: Creon, Anglo Asian, Savile...
29th Oct 2010 11:38
Anglo Asian Mining says the lastest estimate on the gold resource at its Gedabek gold/copper mine in Azerbaijan has increased to 704,000 ounces of gold. Anglo Asian CEO Reza Vaziri said, "We are delighted to announce this upgraded resource which, after taking account of ore already mined, gives a t
Read moreAltona Completes Extension, Transfer Of Interests Exploration Licences
19th Jul 2010 07:37
LONDON (Dow Jones)--Altona Energy PLC (ANR.LN), an Australian based energy company, said Monday that it has successfully completed the extension and transfer of interests in the Exploration Licences or EL's central to the JV and can confirm that the appointment of the Study Engineer selected by Alto
Read moreSeaEnergy director buys
14th Jan 2010 16:38
John Aldersley-Williams, a non-executive director in offshore wind power company SeaEnergy, has invested £11,400 in the company's shares. He bought 20,000 shares at 57p a share. This takes his total holding to 67,816 shares. The share pruchase follows last week's news that SeaEnergy and its par
Read moreLondon close: Flat finish for FTSE 100
18th Nov 2009 16:33
There was no shortage of market moving news today, but with stocks moving in both directions, Footsie finished little changed. It was day for high profile board room appointments, with the share prices of Marks & Spencer and ITV both responding well to an end to uncertainty over leadership issues.
Read moreLondon afternoon: Hershey & Ferrero size up Cadbury
18th Nov 2009 14:05
It has been a day for high profile board room appointments, with the share prices of Marks & Spencer and ITV both responding well to an end to uncertainty over leadership issues. Retailer Marks & Spencer (M&S) has poached Marc Bolland, chief executive of supermarket chain Morrisons, to be its new b
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