Bushveld Minerals unveils resource update for Limpopo projects
7th Feb 2013 11:31
AIM-listed mineral development company Bushveld Minerals failed to impress investors with a resource update on its iron and tin projects in the Limpopo province of South Africa. The group reported that 184m tonnes of indicated and inferred high grade iron layer had been identified with the potentia
Read moreASOS Product Director sells stake in firm
16th Jul 2012 15:52
Robert Bready, the Product Director of online fashion store ASOS, has sold all his ordinary shares in the firm, less than a week after the company unveiled a strong first quarter. Bready, who begun his career at the High Street fashion River Island, pocketed himself £2.6m after trading in 143,125 s
Read moreSolo set to acquire firm with rights to mine in Argentina
1st Dec 2011 13:07
Solo Oil is to acquire Ilakon, a wholly-owned subsidiary of Obtala Resources which holds the rights to the Mina El Carmen block in Argentina. A binding heads of agreement has been signed with Obtala in an all shares transaction valuing the block, which covers 4,940 acres on the northern side of th
Read moreSmall caps round-up: Andor, Obtala
23rd Feb 2011 12:55
Scientific digital camera manufacturer Andor Technology's current order book is at a record level. However, while the systems division has delivered greater unit sale values, margins have been hit by "reduced manufactured content". Andor also remains exposed to the volatility of the currency marke
Read moreObtala sells Firestone stake
12th Oct 2010 18:36
Obtala Resources has raised £4.9m by selling its shares in AIM-quoted Firestone Diamonds. AIM-quoted Obtala obtained the 22.65m shares when Firestone took over Kopane Diamonds, in which Obtala had a 16.15% stake. Firestone made an all-share offer. The shares were sold last Friday when Firestone w
Read moreObtala Resources Shinyanga Survey Identifies 7 Drill Targets
30th Jul 2010 07:36
LONDON (Dow Jones)--Obtala Resources PLC (OBT.LN), a resources investment, development and production company, said Friday that results from the Shinyanga survey, Lake Victoria Goldfields of Northern Tanzania, indicate that bodies of sulphide mineralization may exist in a series of areas including
Read moreObtala Resources Recovers 23.3 Carat, 11.92 Carat Stones
19th Jul 2010 07:39
LONDON (Dow Jones)--Obtala Resources PLC (OBT.LN), a resources investment and development and production company, said Monday it has recovered a 23.30 carat and 11.92 carat "special" stone from its Bakidu diamond operation in Sierra Leone. MAIN FACTS: -In addition to this special stone (defi
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