Resources Companies

IMIC offer "considerably undervalues" Afferro Mining

By Darshini Shah | Wed, 22/05/2013 - 10:58

Analysts and investors alike expressed disappointment at IMIC's offer for Afferro Mining and questioned whether a white knight would come to the rescue.

SolGold to benefit from new Ecuador mining bill

By Darshini Shah | Mon, 20/05/2013 - 13:00

SolGold and analysts alike hailed a new mining bill that will "smooth" exploration and mine development processes in Ecuador.

Sirius Minerals receives objections on York Potash Project

By Darshini Shah | Mon, 20/05/2013 - 08:46

Despite Sirius Minerals insisting that the York Potash Project planning case remained "compelling", investors expressed concerns regarding the objections received.

Xcite Energy sells Bentley well data for $15m

By Darshini Shah | Mon, 20/05/2013 - 08:05

Xcite Energy has sold Bentley well data for £9.87 million, a move shareholders branded as a "massive win".

Sound Oil rises on forthcoming Nervesa drilling

By Darshini Shah | Fri, 17/05/2013 - 08:30

Sound Oil announced that the TB2100S drilling rig was on its way to its flagship Nervesa discovery, exciting investors.

First-quarter figures push Heritage higher

By Darshini Shah | Thu, 16/05/2013 - 11:31

Shares in Heritage Oil spiked on Thursday as traders responded to the explorer and producer's interim management statement.

Gulf of Mexico costs could leave BP "vulnerable to takeover"

By Darshini Shah | Thu, 16/05/2013 - 11:19

Oil giant BP has asked the Prime Minister to help with the escalating cost of the 2010 Gulf of Mexico disaster, according to the BBC.

Sound Oil jumps on first gas from Rapagnano

By Darshini Shah | Thu, 16/05/2013 - 10:06

Investors hailed a milestone for Sound Oil on Thursday after first gas was produced from the company's Rapagnano field in Italy.

Max Petroleum strikes oil at Kazakh well

By Darshini Shah | Thu, 16/05/2013 - 09:41

Investors expressed mixed views on Thursday after Max Petroleum announced it had found hydrocarbons at a well in the Zhana Makat field.

Chariot Oil & Gas wins Brazilian licences

By Darshini Shah | Wed, 15/05/2013 - 11:58

Explorer and producer Chariot Oil and Gas on Wednesday confirmed it had successfully bid for four exploration blocks offshore Brazil.

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