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Venture capital provider BP Marsh said all the companies in which it has invested are developing to the board's satisfaction. The group ended its financial year (31/1/11) with net cash of £0.5m, down from £0.6m at the end of July. Christie Group's transaction and advisory practice has completed the
Read moreThree directors of the UK-based oil and gas group Encore Oil have sold more than 4m shares collectively in a sale that reduced their stakes by around 20%. Chief executive Alan Booth sold 1.55m shares at 143p each to net £2.2m. Eugene Whyms, finance director, sold 1.5m shares at 142p each to generat
Read moreSRK Consulting has completed a JORC compliant mineral resource estimate for Condor Resources' La India and Espinito San Pablo concessions in Nicaragua. There is an inferred mineral resource of 868,000 ounces of gold. Condor owns 80% of the La India and Espinito San Pablo concessions, which it acqu
Read moreIn the unlikely event that a family member will buy you a TARDIS or some other time travelling device for Christmas, here is an overview of stocks that you should have bought at the end of 2009. Oil and gas-focused investor and adviser Parkmead Group put in a late spurt to claim the title of best p
Read moreMongolia-focused oil explorer Petro Matad is raising $46.8m from a share issue at 135p ($2.08) a share. The cash will be used to accelerate its drilling programme to four wells, invest in further seismic data and investigate additional exploration activities in Mongolia. The European Bank for Recons
Read moreShares in Condor Resources took off after the Central American gold explorer announced a swap of mining rights in Nicaragua with gold producer B2Gold. The swap will result in Condor becoming the biggest concession holder in Nicaragua's La India mining district, it said. Elsewhere in Latin American
Read moreA poor reception for updates from the holiday-related stocks TUI Travel and InterContinental Hotels helped ensure Footsie closed in the red, while economic worries also weighed on sentiment. China's trade surplus hit an 18-month high as exports surged and imports slowed. Imports increased 22.7% i
Read moreLeading equities moved further into the red over the lunch time session as investors remained concerned about slowing growth in the Chinese economy and signs closer to home that the Budget spending cuts are starting to have an effect on the mood of UK consumers. China's trade surplus hit an 18-mon
Read moreAmbrian has started coverage of pan-African resources firm Mwana Africa with a 'buy' stance and risked net asset value of 30p a share. That follows an audited resource and reserve that the company says confirms the economic viability of its plan to restart the Trojan mine. Now that the report is c
Read moreHopes of Footsie making it eight days of rises in a row were dashed at the death. Leaders outnumbered laggards among FTSE 100 stocks but with BP giving up the gains of the morning after a downgrade from debt ratings agency Moody's the blue-chip index ended marginally easier on the day. BP, for once
Read moreHopes of Footsie making it eight days of gains in a row were revived over the lunch-time session as the blue-chip index moved back into positive territory. Mining stocks are having a major say in Footsie's direction, with precious metals miners Fresnillo and Randgold to the fore. BP is higher desp
Read moreMusic copyright group Conexion Media narrowed losses in the year to December 31 despite lower revenues. Pre-tax losses fell to £630,000 from £1.6m on revenues that were down to £3.4m from £4m. Conexion, which specialises in the administration of film and TV related music rights, won deals newspape
Read moreLONDON (Dow Jones)--Condor Resources PLC (CNR.LN), said Friday that it has been granted the 45 square kilometers Rio Luna Concession in the Central Highlands of Nicaragua. MAIN FACTS: -Rio Luna contains over 18 kilometers of gold-bearing epithermal quartz veins and a number of advanced gold
Read moreHargreaves Services, which provides support services to the energy sector, said overall results are expected to be in line with management expectations. "The board remain confident about the prospects for the group. The board is particularly excited by the prospects of the Tower project and please
Read moreLONDON (Dow Jones)--Condor Resources PLC (CNR.LN), an AIM listed Central American gold exploration company, announced Tuesday it made a pretax loss of GBP551,741 for the year ended December 31, 2009, compared with a wider loss of GBP3,476,595. MAIN FACTS: -Revenue: Nil (2008: Nil) -Opera
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