Commodities

Investors hail Caza results

Investors hail Caza results

Caza Oil and Gas has announced that production rates are "steady" at one of its West Copperline wells.

Nighthawk's Snow King could rival Arikaree

Nighthawk's Snow King well could rival Arikaree

The oil discovery by Nighthawk Energy could open up a full-scale development programme similar to the Arikaree Creek field.

European equities continue to perform in Tactical Asset Allocator

European equities continue to perform in Tactical Asset Allocator

The experts are almost unanimous: that the UK is in for a solid bull market. Sarasin & Partners says annual equity returns of 12% are not unrealistic over the next few years.

It bases its model on conservative assumptions, such as a dividend yield of 2.5% (an estimate that excludes share buybacks, which reduce the number of shares in circulation and therefore boost payout per share), real dividend growth of 3.5% (also understated compared with the IMF's forecast GDP growth of 3.8%) and inflation using forecasts based on a figure of 2.5%.

Shell in second Malaysian gas find

Shell announces deepwater gas discovery

Royal Dutch Shell's Rosmari-1 discovery is a good sign of the gas potential in a region of strategic interest for the oil major.

BHP raises full-year iron ore guidance

BHP raises full-year iron ore guidance

Amidst more worrying economic news from China, BHP Billiton lifted its full-year guidance for iron ore output.

Northern Petroleum releases disappointing results

Northern Petroleum releases disappointing results

Northern Petroleum's pre-tax losses hit €27.3 million, significantly larger than the year before when the figure hit €6.2 million.

Rio falls after mixed results

Rio falls after mixed results

The most important part of Rio Tinto's first-quarter operational figures "is that 2014 guidance across all of the key commodities is maintained".

San Leon dumps Alpay SPA

San Leon dumps Alpay SPA

Investors were pleased San Leon has announced it will not continue with its "risky" Share Purchase Agreement with Alpay Energy.

Glencore seals $6 billion China deal

Glencore seals $6 billion China deal

After lengthy negotiations, Glencore Xstrata has reached an agreement to sell its Las Bambas copper project to a Chinese consortium.

Investors hail Baobab's "fantastic results"

Investors hail Baobab's "fantastic results"

The confirmation Baobab Resources can produce high-quality, low-impurity pig iron was welcomed on Friday, with shares up over 1%.