Nigel Redwood, chief executive of Nasstar Plc (LON:NASA), tells Proactive Investors they narrowed losses and improved margins in their 2017 full-year results as the company's "Nasstar 10-19" strategy began to bear fruit.The IT services provider reported an adjusted profit before tax for the period of ?3.5mln - compared to ?1.9mln for 2016.The group also saw margins on its adjusted underlying ear...Read More
Point Loma Resources (CVE:PLX) CEO Terry Meek tells Proactive Investors Point Loma acquired oil and natural gas liquid assets in the West Central area of Alberta in a receivership deal with a private company. The deal increases potential drilling opportunities.The property would add net operating income of C$1.3mln annualized and adds production of around 450 barrels of oil equivalent per day. &nb...Read More
Africa focussed explorer Cora Gold Limited (LON:CORA) soared some 33% higher after revealing what the company described as "exciting high grade results" from drilling at the Tekeledougou project area in Mali.Mobile-commerce group ATTRAQT Group plc (LON:ATQT) saw its shares 11% higher with the news of a new chief executive appointment, with Luke McKeever joining later this month, additionally, a re...Read More
Nexus Gold Corp. (TSXV:NXS,OTC:NXXGF,Frankfurt:N6E) reports management and board changes.Read full newsRead More
Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) ('Wallbridge' or the 'Company') is pleased to announce work onthe 35,000-tonne bulk sample at its Fenelon Gold Property is ahead of schedule and that the following milestones have been achieved:Read full newsRead More
Ivan Dunleavy chats to Proactive Investors after recently taking up the role of non-executive chairman at One Media IP Group PLC (LON:OMIP).Dunleavy ran Pinewood Studios for 17 years until its sale in 2016 for ?323mln.Heightened interest in One Media comes at a time when the music industry is in the middle of yet another sea-change in the way content is delivered, and the company believes its at...Read More
Erik Henau, Concepta PLC's (LON:CPT) chief executive, believes a more measured approach to its entry into the Chinese market will make progress smoother in future.Henau says it is been a steep learning curve in China, but the company has made major strides forward.More staff have been appointed in the country, while new operating procedures have led to 'huge improvements' in manufacturing and logi...Read More
Rachel Stark from Cogress tells Proactive's Andrew Scott their key objective is to make investing in property developments more accessible to investors.''The only other real alternative is to find a developer yourself, carry out all the due diligence and then invest in a very large upfront payment''.''We have minimum investments from ?20k ... so that means you can diversify your portfolio more ea...Read More
Teck Resources says that everything is going to plan at the new Fort Hills oilsands mine, with production now exceeding 50 percent of capacity just four months into commercial operations.The project, which is majority owned and operated by Suncor Energy, has nameplate capacity of 190,000 bbls/d. Official first oil occurred in January 2017.Teck, which holds approximately 21 percent stake in the pro...Read More
''It's a momentous occasion - the first time investors have had a glimpse inside Union Jack Oil's headquarters'', says David Bramhill.Chatting to Proactive's Andrew Scott in his usual relaxed yet informative style he says 2017 was a year of "considerable progress" for them.The onshore UK oiler's continued to grow its portfolio, both during and after the reporting period, and, Bramhill describes hi...Read More
(Bloomberg) - Pierre Andurand, one of oil's most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years.Andurand, who's often espoused bullish views, said in a series of tweets on Sunday that concern about the impact of electric vehicles on future demand was limiting investment in proj...Read More
(Bloomberg) - Denmark may be open to financial incentives to buy electric cars after seeing a dramatic drop in sales of non-polluting vehicles, according to Prime Minister Lars Lokke Rasmussen."We have tax incentives for electric cars, and you could discuss if they should be bigger. I will not exclude that," Rasmussen said in an interview in Copenhagen. Any new incentives would be announced along...Read More
Mr. Douglas Eaton reportsSTRATEGIC METALS LTD. ANNOUNCES 2018 EXPLORATION PLANS Strategic Metals Ltd. has released 2018 exploration plans for a number of its wholly owned properties.The exploration program is scheduled to include 4,000 metres of diamond drilling on two properties and surface work on 18 other properties, located in relatively accessible regions of Yukon, Northwest Territories and N...Read More
(Bloomberg) - Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He's put half of his $5.7 billion net worth into gold.He said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while "overvalued" stock markets crash."In the end you...Read More
MELBOURNE May 1 (Reuters) - Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.The Australian company said in a statement that it was seeking partners to take up to 49 percent of the project in the Pilbara region, after receiving a number of unsolicited approaches from parties interested in a s...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 34.3 G/T AU OVER 4.5 METRES AT WINDFALLOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and ar...Read More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company"), announces that it intends to complete a non?EUR?brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$2,500,000.The Corporation plans to issue up to 35.7 million units (the "Units") at a price of CA$0.07 per Unit. Each Unit consists of one common share...Read More
Gold mining earnings for Q1 remained moderate yet ETFs managed to stay in the green.Read full newsRead More
Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN) (the "Company" or "Peekaboo Beans"), is pleased to announce the Company has recruited a record 288 stylists in Q2, representing a 423% increase over Q2 2017.The increase has been attributed to the Company's consistent marketing in Canada, and the launch and increased marketing activity in the United States. The Company is pleased with the success...Read More