Resources Companies

Kenmare debt and bid talks rumble on

Kenmare debt and bid talks rumble on

A deadline for Kenmare's debt negotiations has been extended by a month, but investors are pinning hopes on a so-far elusive bid from an interested buyer.

Caza Oil halts Bone Spring development

Caza Oil halts Bone Spring development

With oil prices at five-year lows, Caza Oil & Gas is adopting a prudent approach to its potentially lucrative Bone Spring play in New Mexico. Investors, however, are unimpressed.

Afren plummets 50% after reviewing capital structure

Afren plummets 50% after reviewing capital structure

Delays to its bond yield and debt repayments and an equity funding that could dilute shares by more than 50% have wiped over half of Afren's market value off the table.

Why Sable Mining Africa is up 344%

Why Sable Mining Africa is up 344%

Sable Mining Africa has had little to cheer about in recent years and its shares recently hit an all-time low. So what are the rumours that have driven its share price up more than four-fold?

Best and worst commodities in 2014

Best and worst commodities in 2014

The team at US Global Investors has put together a very easy to follow and incredibly surprising visual summary of the annual returns for all commodities in 2014.

Afren getting finances in order

Afren getting finances in order

In the absence of a suitable bid, downtrodden Afren will have to survive on its own. Talks with lenders are underway.

Petrofac snares $4bn Kuwait deal

Petrofac snares $4bn Kuwait deal

Petrofac has just bagged a massive contract with the Kuwaitis, and a bombed-out share price fails to accurately reflect prospects.

Rio Tinto works hard to grow dividend

Rio Tinto works hard to grow dividend

It promises a knockout dividend and Rio Tinto has pulled out all the stops to make sure it can afford it. A share buyback, however, is still the subject of some speculation.

Afren suitor makes request

Afren suitor makes request

Afren received a bid approach just before Christmas, but after a series of disasters it looked odds-on the suitor would walk away. They haven't, and a deal could still be done.

New low for Premier Oil

New low for Premier Oil

Strong results were not enough to convince the market to take a punt on Premier Oil, still regarded by many as a classic value trap.

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