LONDON (Alliance News) - UK shares are narrowly mixed at the open Monday, as events in Iraq and Ukraine damp investor sentiment. Low-cost airline <strong>Wizz Air</strong> Holdings PLC has pulled its planned initial public offering in London, blaming the recent volatility in airline stoc Read More

Obtala Resources Gets Favourable Report On Mozambique Timber Assets

16th Jun 2014 07:20

LONDON (Alliance News) - Obtala Resources Ltd Monday said a new independent report on its Mozambique timber concessions had drawn encouraging conclusions and substantiate its belief that those assets had previously been undervalued. In a statement, the company said the report by Honour Capi Read More

Obtala Resources Says Forestry Business Progressing Well

12th May 2014 11:28

LONDON (Alliance News) - Obtala Resources PLC Monday said its forestry business continues to progress well, with additional orders increasing revenues. Since February, the group said it has received a new order for timber railway sleepers from its client Vale SA, the Brazilian mining conglo Read More

Paragon Diamonds Finalises Terms Of Mining Lease Agreement In Lesotho

24th Feb 2014 11:14

LONDON (Alliance News) - Paragon Diamonds Ltd Monday said its 85% owned subsidiary Meso Diamonds has now finalised the terms and conditions of the Mining Lease Agreement for the mining of the Lemphane Kimberlite Pipe in Lesotho. The diamond development and production company said the Govern Read More

Obtala Resources Further Develops Morogoro Farm In Tanzania

20th Feb 2014 10:13

LONDON (Alliance News) - Obtala Resources Ltd Thursday announced positive improvements to fruit operations at its Morogoro farm in the recent months. The natural resources investment and development company said its washing plant and drying unit at the Morogoro tomato farm in Tanzania is op Read More

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