Wednesday, May 23, 2012

Zeta Petroleum aims to rapidly commercialise advanced Romanian gas assets

Freshly minted IPO Zeta Petroleum is set to fast track commercialisation of its advanced Romanian gas assets, providing a springboard for investors for value creation.

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  • Elemental Minerals CEO says there is "great potential" with its potash development

    Iain Macpherson, CEO of Elemental Minerals (ASX:ELM TSX:ELM), tells Proactiveinvestors that there’s a distinct “window of opportunity to...
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  • Pura Vida targets a billion barrels offshore Morocco

    Damon Neaves, MD of Pura Vida Energy (ASX:PVD), tells Proactiveinvestors that with the programme in place for this year there is a compelling...
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  • Dart Energy CCO talks about a “fantastic opportunity”

    Eytan Uliel, CCO at Dart Energy (ASX:DTE), tells Proactiveinvestors that there is a “fantastic opportunity in the unconventional gas...
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  • Mandalay Resources CEO says it aims to be debt free by year end

    Brad Mills, CEO of Mandalay Resources (TSX:MND) tells Proactiveinvestors that the company will continue with the current strategy of self...
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  • Peninsula Energy Chairman talks about production in 2012/13

    Gus Simpson, Exec. Chairman of Peninsula Energy (ASX:PEN) tells Proactive Investors that the company is moving closer toward development...
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  • Nyota Minerals CEO says 2012 looks very exciting for the company

    Richard Chase, CEO at Nyota Minerals (LON:NYO, ASX:NYO), tells Proactive Investors that the company is in the right place at the right time...
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  •  Rambler Metals & Mining CEO argues the point for a tripling in share price
    George Ogilvie, CEO at Rambler Metals & Mining (LON:RMM TSX-V:RAB), tells Proactiveinvestors that the increase in gold production, which is partly due to the increased speed of the rate of throughput at the mill, bodes well for the rate at which the company should be able to produce copper. Expectations are for copper production between 50-60...
  • Caledonia Mining continues its
    Mark Learmonth, VP Corp Dev & Investor Relations at Caledonia Mining (LON:CMCL TSX:CAL), tells Proactiveinvestors that the company remains on its path of "steady progress". Mark says that gold production is ahead of targets and it remains the case that Caledonia continues to build its strong cash position. Mark says that Caledonia is a growth...
  • Dow lower on eurozone fears, Facebook IPO in focus
    U.S. equity markets wavered between slight gains and losses following Facebook’s debut on Wall Street and amid concerns about Greece’s potential exit from the euro.
  • UPDATE Facebook stock up 8.4% after market debut
    Shares in Facebook (NASDAQ:FB) settled somewhat after soaring by as much as 12 percent Friday on the social network's market debut.
  • Monday, May 21, 2012

    Condor Resources "really pleased" with metallurgical tests at La India

    Condor Resources' (LON:CNR) chairman Mark Child described himself "really pleased" with the results of the tests carried out on two samples from its La India gold project in Nicaragua. The tests showed that both gravity concentration and leaching with cyanide are effective methods of processing the mineralisation at La India. However, a...
  • Monday, May 21, 2012

    Condor Resources "really pleased" with metallurgical tests at La India - UPDATE

    --Adds broker comment---- Condor Resources' (LON:CNR) chairman Mark Child described himself "really pleased" with the results of the tests carried out on two samples from its La India gold project in Nicaragua. The tests showed that both gravity concentration and leaching with cyanide are effective methods of processing the mineralisation at...
  • Friday, May 18, 2012

    ZYL有限公司停牌等待发布无烟煤资源更新

    今天,ZYL 有限公司已被ASX授予暂停交易,待宣布其无烟煤资源更新,公司股票目前停牌。 但尚无进一步的细节公布,ZYL在南非的Mbila和Kangwane无烟煤项目在今年第一季度开始钻井。 公司的目标是在Kangwane...
  • Friday, May 18, 2012

    Mwana Africa sells 15pct stake in Freda Rebecca gold mine for $405k - UPDATE

    Mwana Africa (LON:MWA) has sold a 15 per cent interest in the Freda Rebecca gold mine in Zimbabwe to local businessman Kenneth Musanhi for US$405,000. The disposal fulfils an obligation made by the company when it bought the mine in 2005 and is conditional on approval from IDC, the principal lender to the mine.  The price was agreed between...
  • Friday, May 18, 2012

    Genel Energy on track as production increases

    Kurdistan-focused Genel Energy (LON:GENL) sharply increased production in its latest quarter and expects output to stay at the higher level over the remainder of the year. Net production for the first quarter of 2012 averaged 45,500 barrels daily, 27 per cent higher than a year ago. Revenue guidance for 2012 remains unchanged at US$250-300...
  • Friday, May 18, 2012

    Rambler Metals & Mining raises further C$4.13 million from Tinma International

    Rambler Metals & Mining (LON:RMM, CVE:RAB) has conditionally raised an additional C$4.13 million (£2.56 million) from its China-based strategic investor. Tinma International, a wholly owned subsidiary of the Chinese investor, has subscribed for 7.2 million shares in Rambler in addition to the 15.6 million shares, which represents an 11.55...
  • Thursday, May 17, 2012

    Wasabi Energy completes purchase of minority stake to own Global Geothermal

    Power specialists Wasabi Energy (LON:WAS, ASX:WAS) has completed its purchase of 100 per cent of Global Geothermal Ltd.It comes as the company finalised its purchase of a  4.4 per cent minority stake in Exergy by issuing 50 million new shares at 2 cents a share as payment. As reported in January last year, the company bought Global Geothermal...
  • Thursday, May 17, 2012

    Salamander Energy says oil production in line with expectations, repeats 2012 guidance

    Salamander Energy (LON:SMDR) told investors that its producing assets performed in line with expectations in the first four months of the year. During the period, oil output reached 10,308 barrels of oil equivalent per day (boepd), prompting the group to reaffirm its full year guidance of 12-13,000 boepd. Production from the Bualuang field in...