Commodities

Commodities: WTI jumps as Netanyahu accuses Tehran of having lied about nuclear aims
The 12 May deadline set by the White House for it to decide whether the US will remain in the Iranian nuclear accord reached by the previous administration came into sharp relief on Monday, as Israel accused Tehran of having lied about its nuclear ambitions.

88 Energy plans placing to raise A$17m for Alaskan operations
88 Energy Limited has outlined plans to raise as much as A$17m to fund the ongoing evaluation of conventional and unconventional oil targets on the North Slope in Alaska.

Panthera bemoans 'frustrating' licensing delays in India
Gold explorer and developer Panthera Resources has been left frustrated by further delays to getting its prospecting licence application in Rajasthan, India is subject to further delays.

Edenville Energy plans placing to enhance mining operations
Edenville Energy on Friday announced that it intends to raise £740,000 to fund its mining activity in Tanzania through a placing of 211. 4m new shares at 0. 35 pence each to new and existing shareholders.

Xtract Resources shares fall as heavy rain disrupts operations
Xtract Resources reported that its Manica project in Mozambique achieved an increase in first quarter gold sales but production took a hit from poor weather.

Sunrise Resources' perlite projects becoming more viable after company signs MOU
Sunrise Resources announced on Friday that it has signed a non-binding memorandum of understanding which it says will “pave the way” for its first sales contract for perlite from its project in Nevada.

China debates scrapping longstanding auto import duties
China is considering cutting import duties on passenger cars by approximately 50% according to a report on Thursday.

Mayan Energy 'excited' by gas discovery at Texan site
Oil and gas company Mayan Energy on Thursday announced a new gas discovery at Stockdale Field in Texas as part of ongoing developments at the site.

Commodities: Wheat jumps on calls for smaller Russian harvest, WTI up despite DoE data
Agricultural commodities were sporting the biggest gains on Wednesday evening, paced by gains in wheat amid talk of a bad start to Russia's spring harvest.

WTI bounces back after latest weekly DoE inventory data
Commercial crude oil inventories in the US rose unexpectedly over the latest week, helped by rising imports and domestic production.

Iranian President Rouhani incensed by 'tradesman' Trump's plans for new nuclear deal
Iranian President Hassan Rouhani has reacted with fury at talks between the French and American leadership regarding Tehran’s nuclear agreement, dismissing President Trump as a "tradesman".

Mosman Oil and Gas hails identification of 'significant' resources at Arkoma
Mosman Oil and Gas announced on Wednesday that its Arkoma Stack Pay project in Oklahoma is home to significant proved and probable resources, according to a report.

Commodities: Crude oil dips as Macron calls for 'New Accord' with Iran
Weaker energy quotes weighed on the wider commodities complex after French president Emmanuel Macron proposed negotiating a new deal with Tehran, in order to help contain its nuclear programme and in a bid to keep Washington on board.

Great Western Mining's drilling programme churns on despite delays
Exploration firm Great Western Mining reported on Tuesday that its M2 copper-gold infill drilling programme in Mineral County, Nevada, is "proceeding well" despite technical and operational problems.

Goldplat's production stays golden as elution plant completed in Ghana
In a quarterly update on Tuesday, gold producer Goldplat plc said its operations in Ghana and South Africa remain profitable and that installation of an elution plant in Ghana has been completed.

Serica Energy building new pipeline after Lomond suffers wax blockage
Oil and gas company Serica Energy announced on Tuesday that following the identification of a blockage in the Lomond to Everest pipeline it will construct a new pipeline at its Erskine oilfield project.

Commodities: Aluminium futures sink as US softens Rusal sanctions
Traders sold metals' futures with a vengeance after the US softened its stance on sanctions against United Co. Rusal.

Echo Energy hails success of second well workover in Argentina
Oil and gas company Echo Energy has completed a successful workover on a second well in Argentina, resulting in a combination of oil and water rising to the surface.

Trump blasts OPEC over 'artificially high' oil prices
Global oil prices fell after Donald Trump criticised the Organization of Petroleum Exporting Countries, stating that their “artificially high prices” would no longer be accepted.

Paternoster makes £250,000 investment in first for RiverFort partnership
Natural resources investor Paternoster Resources announced on Friday that it is to invest £250,000 in a portfolio of income yielding investments arranged by RiverFort Global Capital.