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African Minerals: Jefferies keeps buy rating and 550p target. Ashmore: UBS raises target from 370p to 390p, buy rating kept. ASOS: Panmure Gordon lifts tagged from 2,179p to 2,378p, buy rating kept. Barratt Developments: Panmure Gordon keeps buy rating and 190p target; Jefferies keeps buy rating
Read moreInternational Ferro Metals, the AIM-listed miner of ferrochrome (an essential ingredient in stainless steel), rose strongly on Tuesday after saying that the ramp-up of its Sky Chrome project to a record 73,000 tonnes per month was achieved last month. The plant provides low-cost chrome ore for the s
Read moreSefton Resources, the oil and gas company with interests in California and Kansas, is up sharply on news of a new equity financing deal. The £15m deal has been agreed with Darwin Strategic, a subsidiary of Henderson Global Investors. Sefton reckons its US fields are worth £173m but it needs invest
Read moreViaLogy, a service provider to global oil and gas exploration and production companies, hit a 52-week high after it announced an unnamed major oil and gas company had deployed the AIM-listed tiddler's patented QuantumRD processing technology. Not only is the identity of the customer secret, so is th
Read moreBP: Jefferies cuts target from 550p to 525p, buy rating kept. British Sky Broadcasting: Jefferies reiterates hold rating and 700p target; Nomura maintains buy rating and 1,000p target. CSR: UBS upgrades from neutral to buy, target lifted from 290p to 310p. Halma: Barclays Capital downgrades from
Read moreSefton Resources, the US-focused oil company, has seen the drilling of one of its wells in California delayed by a bureaucratic impasse. Sefton needs "permit clearance" from the Los Angeles authorities to dig its Hartje 20 well but officials have raised concerns over the "proximity of the well to n
Read moreSefton Resources, the US focused oil and gas company, says production will be reduced at its Tapia Canyon site in California as it drills four new wells. The drilling operation at Tapia started on the 16th of November and is expected to take six weeks. The company hopes the new wells will see a 75
Read moreCalifornia and Kansas-based oil and gas firm Sefton Resources has announced a rise in production during the month of August. Production rose to 135 barrels per day (bpd), up from an average of 110 bpd for the fist half of the year, as a result of improved infrastructure at the Tapia Canyon oil fie
Read moreCalifornia and Kansas-based oil and gas firm Sefton Resources reported a fall in profits from $335.8m to $74.4m for the first half of the calender year, blaming increased expenses and a 29% decrease in oil production. Revenue for the period rose by 4.3% from $1.93m to $2.02m, helped by a firmer oi
Read moreEnegi Oil says the pressure results from the ongoing chemical soak at its PaP#1 Garden Hill South (GHS) well in Newfoundland are "positive". A second chemical soak is planned to improve connectivity even further. Chemicals and acid will be injected down the wellbore at a significantly higher pressu
Read moreAgriculture and engineering firm Carr's Milling traded ahead of expectations during the 18 weeks to 1 January, helped by the successful integration of the acquisitions made during 2010. The agriculture division - feed blocks, fertilisers and fuels - was strong, while engineering and the food unit
Read moreLONDON (Dow Jones)--Sefton Resources, Inc. (SER.LN), an independent exploitation and production company with assets in the East Ventura Basin of California and the Forest City Basin of eastern Kansas, Thursday announced that it has reaffirmed and extended its reserve-based revolving line of credit.
Read moreLONDON (Dow Jones)--Sefton Resources Inc. (SER.LN), an independent exploitation and production company with assets in the East Ventura Basin of California and the Forest City Basin of eastern Kansas, Wednesday reported a full year net loss of $293,353, compared with a profit of $333,205 a year earli
Read moreLeading London shares closed mixed, with strong gains on resource stocks counter-balanced by losses on life assurance stocks. Kazakhmys, Antofagasta, Rio Tinto, Xstrata and Vedanta Resources led the mining sector higher, as metal prices improved. Gold miners Fresnillo and Randgold Resources were
Read moreCluff Gold, the West African focused gold mining company, announces the successful completion of the 7,000 metre drilling programme at Baomahun, its flagship gold project located in Sierra Leone. 'The results demonstrate the down dip continuity of mineralisation at grades and widths which the comp
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