Resources round-up: Astar Minerals, Nostra Terra, Eurasia Mining
27th Sep 2012 09:05
Astar Minerals, an operator of quarries in British Columbia, has signed a heads of terms with Aggregates West to operate a number of quarries based in an area between the US/Canadian border and Seattle. Aggregates West as a number of sites with high quality reserves of sand and gravel and either own
Read moreLondon close: Stocks finish flat, Sterling up but overbought
21st Sep 2012 16:48
Footsie's movements were being directed by the Grand Old Duke of York today and, as in the old nursery rhyme, ended the day more or less neither up nor down. Extra time often leads to penalties What was set up to be the big item of the day, the decision from the independent directors of mining gr
Read moreLondon midday: Stocks tread water
21st Sep 2012 11:50
After a bright start London reversed course shortly after 10:00 and the top-share index is now little changed. Miners are still going well, clawing back some of yesterday's losses, but utilities are out of favour, especially National Grid, after JP Morgan Cazenove downgraded the stock to "underweig
Read moreNighthawk soars on oil success at Jolly Ranch
21st Sep 2012 08:34
Nighthawk, a US-focused shale oil development and production company, has said a continuous 24-hour flow test on the John Craig 6-2 well at its 75 per cent owned and operated project at Jolly Ranch in the Denver-Julesburg Basin, Colorado, produced over 600 barrels of oil. The well tested commercia
Read moreResource round-up: Thor Mining, ECR Minerals, Jupiter Energy
27th Apr 2012 14:33
Thor Mining has said that the deasibility study for the Molyhil tungsten and molybdenum project in Australia's Northern Territory is progressing but there 'remains a substantial amount of due process and procedural work to be completed'. The report is consequently now not due before June 2012. ECR
Read moreAnother Tesco director races to the checkout
23rd Jan 2012 16:35
Senior Independent Director of Tesco's, Patrick Cescau, has become the third director to hit the till with a trolley load of shares this month. Cescau footed a £60,247 bill having purchased 18,340 shares at 328.5p each. It's proved to be something of a trolley-dash in the past few weeks, with
Read moreNighthawk raises more cash
17th Jan 2012 08:52
US-focused oil firm Nighthawk said it had raised around £2.9m by selling more new shares to investors. The 115.7m new shares, which have been placed with institutional and other investors at 2.5p per share, come at a discount of 7.4% to the closing share price yesterday. The sale is part of a wide
Read moreNighthawk spreads its wings
26th Oct 2011 14:36
Nighthawk, the US-focused oil development and production company, has raised around £1.97m through the placing of 78,892,000 new ordinary shares at 2.5p per share. Steve Gutteridge, chairman of Nighthawk, said the move "represents an initial and welcome step towards rebuilding value for Nighthawk s
Read moreLondon close: Higher finish amid euro optimism
14th Oct 2011 16:46
The top share index closed off earlier highs but still buoyant ahead of the weekend amid optimism after Thursday's vote by Slovakia to expand the Eurozone' rescue fund lifted sentiment. After the close last night, the expansion of Eurozone's rescue fund, the European Financial Stability Fund (EFSF
Read moreLondon midday: Stocks rise after Slovak vote
14th Oct 2011 12:18
The top share index is buoyant after Thursday's vote by Slovakia to expand the Eurozone' rescue fund lifted sentiment. After the close last night, the expansion of Eurozone's rescue fund, the European Financial Stability Fund (EFSF), was approved by Slovak MPs, two days after they voted against the
Read moreClipped wings at Nighthawk
14th Oct 2011 10:43
Nighthawk, the US-focused oil development and production company, has been unable to proceed with its planned acquisition of Running Foxes Petroleum. The firm had planned to acquire both its working interest and the operatorship of the Jolly Ranch project, but said market conditions prevented the m
Read moreNighthawk names Gutteridge non-exec chairman
8th Sep 2011 10:34
Nighthawk Energy announced its latest addition to the US focused oil development and production firm with the appointment of Stephen Gutteridge as non-executive chairman. Gutteridge, who has over 30 years working in the oil and energy industries, starts with immediate effect. He has previously work
Read moreNighthawk names new COO
19th Jul 2011 09:32
US-focused oil producer Nighthawk Energy has appointed Charles "Chuck" Wilson as its chief operating officer, adding another new member to its executive management team in three months. In May, Richard Swindells joined Nighthawk's board of directors as the chief financial officer. Wilson, who has
Read moreNighthawk Energy announces new CFO
9th May 2011 13:59
US-focused oil company, Nighthawk Energy, has announced that Richard Swindells will join its board of directors as chief financial officer. Swindells will join from investment bank Ambrian Partners, where he acts as broker and nominated adviser to a number of oil and gas and other resources compani
Read moreReserves at Nighthawk's Colorado project disappoint
28th Apr 2011 15:23
Shares in US-focused oil group Nighthawk Energy took a dive on Thursday after it revealed low initial reserve numbers at its 50%-owned Jolly Ranch Project in eastern Colorado, US. The group said that proved reserves have only been attributed for two wells from the Cherokee formation (Craig 4-4 and
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