Two rigs arrive for drilling at Caracal Gold's Kilimapesa project
26th Nov 2021 10:11
(Sharecast News) - East Africa-focussed Caracal Gold announced the arrival of its two drill rigs on-site ahead of its diamond and reverse circulation drilling programmes on Friday.
Read moreCorcel acquires PNG project through Niugini Nickel acquisition
18th Oct 2021 11:16
(Sharecast News) - Battery metals and energy storage-focussed exploration and development company Corcel has completed a share purchase agreement with Australian-registered Resource Mining Corporation (RMI), it said on Monday, to acquire 100% of Niugini Nickel.
Read moreCorcel acquires 'shovel ready' Avonmouth gas peaking project
28th May 2021 08:58
(Sharecast News) - Natural resource exploration and development company Corcel said on Friday that it has acquired the "shovel ready" Avonmouth 50-megawatt gas peaking project outside of Bristol from FPC Electric Land.
Read moreCorcel acquires stake in 'shovel ready' gas peaking project
10th May 2021 08:10
(Sharecast News) - Exploration and development company Corcel said on Monday that it had acquired a 40% interest in the "shovel ready" Tring Road gas peaking project outside of Aylesbury from Arlington Energy.
Read moreCorcel defers grid connection obligations at Burwell
5th May 2021 11:50
(Sharecast News) - Battery metals-focussed exploration and development company Corcel updated the market on its operations on Wednesday, reporting progress on the Burwell energy storage project, with grid connection obligations extended to December.
Read moreTelit Communications CEO continues to grow holding
8th Jul 2014 16:01
The Chief Executive and founder of Telit Communications has continued to expand his stake in the group with another two sizeable purchases. Oozi Cats, who last week spent £210.43m on shares, has this week made the more modest purchase of 200,000 shares in a deal worth £430,000, alongside the acquis
Read moreNumis Chief reduces stake with sale of 3m shares
11th Jun 2014 15:50
Oliver Hemsley, the Chief Executive Officer of Numis, has traded in three million shares, reducing his stake by almost a quarter to 9.4m. The 270p-a-share disposal generated £8.1m. The sale comes around one month after the group posted a 59% jump in first half revenue at £51.5m. Adjusted pre-t
Read moreBarclays downgrades Caracal after 'light' takeover offer from Glencore Xstrata
15th Apr 2014 09:21
Barclays has downgraded its rating for Canada-based Caracal Energy from 'overweight' to 'underweight' after Glencore Xstrata's takeover offer for the Chad-focused oil and gas explorer. Glencore said it would pay 550p per share for Caracal, valuing the group at £800m, representing a 61% premium to i
Read moreGlencore Xstrata to take over Caracal Energy for 800m pounds - UPDATE
14th Apr 2014 13:25
Commodities trader and resources group Glencore Xstrata is to buy Chad-focused oil and gas explorer Caracal Energy for around 800m pounds in cash, sending shares in the latter soaring on Monday. As part of the agreement, Canada-based Caracal has pulled out of its proposed merger with TransGlobe Ene
Read moreCaracal Energy secures debt financing
7th Apr 2014 08:14
Caracal Energy has secured 140m dollars in debt financing to develop the company's assets in the Republic of Chad. The group has signed a reserve based senior secured facility with a syndicate of lenders led by Natixis and Societe Generale Corporate & Investment Banking. Caracal has an option to
Read moreSunday share tips: Babcock, Electrocomponents, easyJet
30th Mar 2014 15:27
The fall in engineering company Babcock's share price is overdone, Danny Fortson argued in his Inside the City column in the Sunday Times. The fall was partly because of the rights issue to pay for the takeover of helicopter operator Avincis but investors also think Peter Rogers, Babcock's Chief Exe
Read moreCaracal announces first Badila oil shipment from Kribi
24th Mar 2014 12:46
Caracal Energy has loaded the first shipment of Badila oil for export at the Kribi sea terminal offshore Cameroon, it announced Monday. The group said the total cargo size of the lifting was approximately 950,000 barrels of oil, of which its net entitlement share was 560,000 barrels. The group is
Read moreCable & Wireless Comms incoming Chief acquires 4.3m shares
3rd Jan 2014 16:49
Cable & Wireless Communications on Friday announced that soon-to-be Chief Executive Officer Phil Bentley had purchased 4.3m shares in the international telecoms operator. Bentley, the former Managing Director of British Gas, bought the shares the previous day at 56.912p each for a total spend of £
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