Commodities

Rebar Points to Fresh Iron Ore Pullback

The price of rebar, or reinforced steel, points to a fresh downturn in the price of iron ore, the key…

Alex Williams Interviews David Archer of Savannah Resources

“It blindsided the market,” says David Archer, chief executive of Savannah Resources. “There was no speculation around it, everyone was…

Mining Report: New Money Vs. Knitted Cardigans

LONDON: Shares in Sirius Minerals have gone into free-fall in London, opening 9 per cent lower in early trading on…

FOGL spuds exciting Humpback wildcat in the Falkland Islands

Exciting if nerve-wracking times for backers of Falkland Oil and Gas Limited, which this weekend spudded the Humpback exploration well…

Petro Matad gets closer to completing BG farm-out as cash resources run low

Shares in Petro Matad edged higher last week after the Government of Mongolia formally approved the farm-out of a portion…

Victoria Oil & Gas adds new customers in Douala

Victoria Oil & gas has added three new thermal customers to its gas network in the industrialised Douala region of…

Sound Oil dips as it finds low permeability with Nervesa appraisal well

Despite finding gas, initial results from Sound Oil’s important second appraisal well at the Nervesa field in northern Italy have…

Reinvented 88 Energy encouraged by nearby well results in Alaska

Having reinvented itself as an Alaska-focused explorer, Perth-based 88 Energy has been encouraged in its new venture by the results…

Circle Oil moves into the red as lower oil prices take their toll

While Circle Oil continues to make headway on the ground, with strong production from its fields in Egypt and Morocco,…

Pura Vida Energy spuds high impact well offshore Morocco

Exciting times for backers of ASX-quoted Pura Vida Energy, with news that the Atwood Achiever drillship has spud the MZ-1…