Consegna Group in A$1.5m placement to sophisticated investors to advance drug delivery technology

African Eagle Resources' appointment of two new directors ends a busy week of activity as it moves its Dutwa nickel project nearer to bankable status. It has also hired two specialist companies for vital roles in the preparation of a bankable feasibility study for the Tanzanian project, due at the end of this year.

Graham Mascall, CEO of Ncondezi Coal (LON:NCCL), tells Proactive Investors that having proved up 1.8bln tons of coal at its project in Mozambique, it is now working towards its pre-feasibility study. Graham also discusses local infrastructure and says that the $30mln cash the company has will last until at least until the end of this year, most likely to the early part of 2013.

The British oil and gas firm has made an unexpected shale gas discovery near Warrington. But this won’t distract attention from its plans to develop a commercial coal bed methane operation.

Drilling results are soon due from Stratex International’s Blackrock and Öksüt projects and should give a boost to the explorer’s value, says its house broker.

US equity markets were lower Friday afternoon as investors digested a weaker-than-expected economic growth report with the eurozone debt crisis still very much in the background.

Toronto's main market was barely above flat Friday afternoon after US GDP data disappointed investors.

Though expanding at the fastest pace in one and a half years, US gross domestic product grew at a 2.8 percent annual rate in the fourth quarter of 2011 - below expectations, leading US equities lower Friday.

Dewdney Trail currently contains newly identified large tonnage gold prospects that are 8 kilometers upstream from Wildhorse Creek, and include five primary mineralized zones that the company has identified at Spirit, Tac, Lewis, Jack Leg and Dew Drop.

Legacy Iron Ore (ASX: LCY) has appointed Timothy Turner, who has previously been non-executive chairman, as a non-executive director.

A partner...

African Eagle Resources (LON:AFE) has added two non-executive directors to its board as it transforms from an explorer to mine developer.

Don...

Co-chairman Gordon Toll is retiring from the board of Mongolia focused Petro Matad (LON:MATD), it emerged.

Toll has retired immediately to focus on...

Hong Kong’s Hang Seng Index was little changed in a trading week interrupted by holidays.

Markets in Hong Kong resumed trading today following a...

The Hang Seng Index gained 1.6 percent to 20,439.14 on Thursday, its highest close since Sept. 1.

The market has climbed 11 percent so far this...

Leni Gas & Oil (LON:LGO) said drilling on the Eugene Island field in the Gulf of Mexico could begin next week with the arrival of the Ocean...

Camco International (LON:CAO) announced that Emmanuel Walter will join the company as chief financial officer and that president Yariv Cohen has...

Westminster Group (LON:WSG) has appointed industry veteran Dr Phil G Jackson as the new chief operating officer of its aviation division,...