Obtala Resources Ltd Share News (OBT)

Obtala Resources Pretax Profit Jumps On Asset Value Adjustment

UK MORNING BRIEFING: Shares Narrowly Mixed On Iraq, Ukraine Tensions

LONDON (Alliance News) - UK shares are narrowly mixed at the open Monday, as events in Iraq and Ukraine damp investor sentiment. Low-cost airline Wizz Air Holdings PLC has pulled its planned initial public offering in London, blaming the recent volatility in airline stoc

Obtala Resources Gets Favourable Report On Mozambique Timber Assets

LONDON (Alliance News) - Obtala Resources Ltd Monday said a new independent report on its Mozambique timber concessions had drawn encouraging conclusions and substantiate its belief that those assets had previously been undervalued. In a statement, the company said the report by Honour Capi

Obtala Resources Says Forestry Business Progressing Well

LONDON (Alliance News) - Obtala Resources PLC Monday said its forestry business continues to progress well, with additional orders increasing revenues. Since February, the group said it has received a new order for timber railway sleepers from its client Vale SA, the Brazilian mining conglo

Paragon Diamonds Finalises Terms Of Mining Lease Agreement In Lesotho

LONDON (Alliance News) - Paragon Diamonds Ltd Monday said its 85% owned subsidiary Meso Diamonds has now finalised the terms and conditions of the Mining Lease Agreement for the mining of the Lemphane Kimberlite Pipe in Lesotho. The diamond development and production company said the Govern

Obtala Resources Further Develops Morogoro Farm In Tanzania

LONDON (Alliance News) - Obtala Resources Ltd Thursday announced positive improvements to fruit operations at its Morogoro farm in the recent months. The natural resources investment and development company said its washing plant and drying unit at the Morogoro tomato farm in Tanzania is op

Obtala launches dried fruits business in Tanzania

Africa-focused Obtala Resources has announced a deal to establish a dried fruits business as it moves from a focus on gems to agribusiness and timber. The AIM-listed company has agreed with a local partner to set up an operating, management and marketing company specialising in growing and drying

UPDATE: Obtala Resources To Buy More Land, Cuts Bushveld Stake

Obtala Resources To Buy More Land, To Cut Bushveld Stake

Obtala Resources Swings To Loss On Bushveld Minerals-Related Items

Obtala Resources Signs Agreement To Manage Cannery In Lesotho

Obtala Resources appoints new FD

Obtala Resources has appointed Joseph Philippe Cohen as its new Finance Director. Philippe has more than 30 years of experience in the natural resources and commodities sectors. He worked for 14 years in Commodities and Structured Finance at BNP Paribas and at Vitol. Philippe will be replacing Mi

Obtala subsidiary signs deal with European fruit and veg firm

Obtala Resources, a natural resource investment and development company, announced Monday that its agricultural subsidiary, Montara Continental, has entered into an exclusive buy and sell agreement with a European-based vegetable and fruit trading company. As such, the trading company now has the

Obtala Resources to sell 100m Bushveld shares

Obtala Resources, a natural resource investment and development company, has agreed to sell 100m of its shares in Bushveld Minerals to Endulwini Mining Corp at 13p each. The £13m sale is expected to be completed within 45 days once certain conditions have been met, including Endulwini receiving ex

Bwin.party non-exec makes double purchase

bwin.party digital entertainment announced Tuesday that one of its Non-Executive Directors has made two purchases following a report by the company admitting profits had suffered a sharp decline. Geoff Baldwin on Friday purchased 226,000 shares at 147.83p, followed by a further 74,000 on Monday at