Resources round-up: Firestone Diamonds, Edge Resources, Ormonde Mining
16th Oct 2012 15:00
Firestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found -
Read moreTuesday broker round-up - UPDATE
16th Oct 2012 08:14
Amara Mining: Seymour Pierce keeps buy rating. ASOS: Morgan Stanley initiates coverage with overweight rating and 3,000p target. Bellway: Panmure Gordon raises target from 954p to 957p, hold rating kept; Jefferies keeps hold rating and 1,004p target. British American Tobacco: Nomura keeps buy rat
Read moreResource round-up: Altona Energy, Edge Resources, Camco International
13th Aug 2012 09:20
Shares in Altona Energy rocketed over 17% after it announced regulatory approval for test drilling at its flagship Arckaringa project in South Australia. Executive Chairman Christopher Lambert said the firm had also achieved some important regulatory and community relations milestones as it worked t
Read moreResources round-up: Global Petroleum, Ariana, Edge Resources
23rd Jul 2012 13:09
AIM-listed oil and gas group Global Petroleum has finally completed the delayed interpretation of 2D seismic data in Petroleum Exploration Licence 29, offshore Namibia - in which it owns an 85 per cent interest - meaning that it can now concentrate on finding a suitable partner for the next phases o
Read moreResources round-up: Edge, Creon, Orsu Metals and CIC
17th Jul 2012 11:43
Edge Resources, an oil and gas exploration, development and production company, has purchased two undeveloped sections of land covering 1,280 acres for a cash payment of 60,000 dollars and a non-convertible overriding royalty of three per cent. The transaction was made at the start of June this year
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