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Gold Resource Corporation (OTC:GORO, ETR:GIH) confirmed this morning that Hochschild Mining (LON:HOC) has increased its holding to 28.7% after it subscribed for 600,000 shares in a private placement and acquired a further 440,500 shares in the market.Hochschild Mining, the world’s second... More »

Stratex International (AIM: STI) reported on the progress made in the full year 2009 today, which included three alliances to fast-track its four major projects in Turkey, new targets defined at the Oksut project and expansion into Ethiopia.The company stated it has achieved the goal of guiding... More »

Landore Resources (AIM: LND) said drilling at the Junior Lake-Lamaune gold prospect in Ontario continued to intersect widespread gold mineralisation, including 0.6 metres at 118.66 g/t (grammes per tonne) gold, and announced  staking additional claims for 9,472 ha (hectares) in the Keezhnik... More »

UK based stem-cell biotech company, Epistem (LSE: EHP) revealed the commercial progress being made through its partnership with Novartis as it reported a 90% year-on-year increase in revenue during the six months ended 31 December 2009. Revenue in the first half saw rose to £2.8m compared... More »

Victoria Oil & Gas (AIM: VOG) has extended its exploration permit for the Logbaba gas field in Cameroon for a further six months after tests at the Lower Logbaba and Upper Logbaba D sands returned production rates that the company said were sufficient to satisfy industrial demand in Douala,... More »

Circle Oil (COP) Circle Oil Plc announced that the Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt. The Kareem Formation Sandstones under test flowed 42oAPI oil at sustained... More »

ValiRx PLC (AIM: VAL) said is has entered into a funding and commercial partnership agreement with the Laboratory of Government Chemistry (LGC) and Cambridge based drug developer Horizon Discovery. This partnership provides funding for the development of ValiRx's Hypergenomics technology into... More »

In FTSE 100, Chilean copper miner Antofagasta (LSE: ANTO) reported a 12.2% decline in revenues to US$2.96 billion in 2009. Satellite telecommunications company Inmarsat (LSE: ISAT) said 2009 revenues climbed 4.2% to US$1 billion, while pre-tax profits rose 1.8% to US$196.9 million. Power... More »

Mobile email and data synchronisation group Synchronica PLC (AIM: SYNC) said it has signed its biggest contract to date for its mobile email product Mobile Gateway with a distributor for one of Indonesia's largest mobile operators, worth US$1.05m for 300,000 devices over a period of 12 months.... More »