EDL.L Share News (EDL)

Edenville Energy completes fundraising for Rukwa coal-to-power project

Edenville Energy's shares tumbled after the African coal exploration and development company announced it had raised one million pounds through the placement of shares. The company sold more than 1.4m new ordinary shares at a price of 0.07p to fund the Rukwa coal-to-power project. The project incl

UK MIDDAY BRIEFING: Royal Dutch Shell Shocks With Profit Warning

LONDON (Alliance News) - Oil giant Royal Dutch Shell shocked the market Friday by warning that its profits will be well below expectations after nearly every part of its business performed below its expectations in the fourth quarter.

The profit warning has sent its

UK WINNERS & LOSERS: Shell And William Hill Lead FTSE 100 Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.

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FTSE 100 - WINNERS

Aviva, up 1.5%. The insurer has revealed that it has entered into a 50-50

Edenville Energy Slides As It Completes GBP1 Million Placing

LONDON (Alliance News) - Edenville Energy PLC Friday said it has completed a placing of more than 1.4 million shares, raising gross proceeds of GBP1 million for accelerating the development and strategic partnership plans for its Rukwa coal-to-power project, a proposed 100 mega watt plus power st

UK WINNERS & LOSERS: BTG Leads FTSE 350 Risers On Treatment Approval

Edenville Energy To Raises Its Tanzania Power Plant Ambitions

Edenville Energy's Rukwa Coal project moves towards production

Edenville Energy narrowed its first-half losses as it made progress on its Rukwa Coal project in south-west Tanzania. The African coal explorer upgraded its mineral resource estimate of the project, which includes the Namwele, Mkomolo and Muze coal deposits, to 57.5m tonnes of coal measured and in

Edenville Appoints New CEO, Says Well Funded For Near-Term Needs

Edenville Energy Draws GBP390,000 From Equity Finance Facility

Edenville Energy To Look For Investors With Consultant RAFCO

Edenville Energy narrows annual losses

Edenville Energy narrowed its annual losses as its cash reserves and net assets grew. The group reported an operating loss of £0.64m for the year ended December 31st 2012, compared to £1.2m the previous year. Net assets rose to £10m from £8.6m while cash reserves increased to £0.78m from £0.51m.

Edenville commences scoping study in South West Tanzania

AIM-listed Edenville Energy has commenced a scoping study at the Namwele coal deposit in South West Tanzania. In an update issued on Monday, the coal-focused African energy exploration and development company provided details of its operations at the Rukwa Coalfield. It said that a revised Enviro

Edenville Energy shares surge on upgrade at Tanzania coal project

Edenville Energy, the coal exploration and development company, announced on Tuesday a significant upgrade of the Rukwa Coalfield project in South Western Tanzania. The group reported 173m total tonnes in-situ at Mkomolo, Namwele and Muze combined at the prospect. Most of the resource tonnage (9

Schofield succeeds Rollason as Chairperson of Edenville Energy

Sally Schofield has been appointed Chairperson of Edenville Energy, the coal-focused African energy exploration and development company, succeeding Simon Rollason. A statement issued by the company on Tuesday said that Rollason had stepped down as Chairman of the company to concentrate on other com