Pilot plant for catalyst pioneer

Oxford Catalysts Group expects US partner Novus Energy to open a pilot plant imminently for converting agricultural waste into fuel. Read

Regal raises £20.5m

Resources play Regal Petroleum has raised £20.5 million to fund drilling rigs for the Ukraine and to study its Romanian gas find. Read

Vessel tracker reverses on to AIM

As foreshadowed here in September, maritime telematics specialist Marine Tracking is joining AIM through a £1.5 million reverse takeover. Read

Diamondcorp ahead of schedule

South African miner Diamondcorp says developing underground operations at its Lace Mine is 14 months ahead of schedule. Read

Profits grow at Cybit

Telematics specialist Cybit Holdings says it is maintaining expansion after nearly trebling annual pre-tax profits to £1.7 million. Read

GTL into the black

US ethanol play GTL Resources made £4.2 million pre-tax in its first operating year and sounds bullish despite a ‘challenging’ environment. Read

Letseng sales cheer Gem

Gem Diamonds has sold ten stones from its Letseng mine in Lesotho for £5.5 million. Read

Aurelian wins Polish concession

Eastern Europe-focused Aurelian Oil & Gas has been awarded an exploration concession in Posnan North, Poland. Read

Trading cheer from Xpertise

Leading IT training specialist Xpertise says first-half trading has continued to be ‘strong’, with revenues of more than £11.8 million. Read

Organic Power moots £20m AIM launch

High-performance lead-free petrol pioneer Christopher Maltin is considering proposals for a £20 million AIM flotation for Somerset-based Organic Power. Read

Indian power play targets London

Investment group Advaita Indian Energy Ventures (AIEV), plans a £50 million AIM flotation at £1 this month, as one of a recent deluge of companies and funds focused on the burgeoning Indian power generation sector. Read

ImmuPharma ponders funding

Drug discoverer ImmuPharma is understood to be contemplating raising between £1.5 million and £5 million at around 60p to fund developments with a range of products. Read

AIM injection for Edmonds ploy

The increasingly diverse investment opportunities in Africa have driven resource entrepreneurs Phil Edmonds and Andrew Groves to raise £5.1 million at 10p for an AIM float. Read

Kopane spurns suitor

After raising £6 million at 10p, Lesotho-focused Kopane Diamond Developments has spurned a 17p approach from an unnamed company. Read

Leni Gas in Byron deal

Lonhro boss David Lenigas’s exploration company is buying 22.3 per cent of Gulf of Mexico-focused Byron Energy for £11 million. Read

Conroy boosts gold resource

Irish explorer and developer Conroy Diamonds & Gold claims Ireland’s first million oz gold resource at its Clontibret prospect. Read

Southern Cross misses deadline

Leading care home group Southern Cross has missed the repayment date on £46 million of banking facilities. Read

Surface Transforms in F1 deal

Carbon ceramic specialist Surface Transforms says it is to supply ceramic discs to a ‘major European brake system supplier’. Read

Profits surge at Sibir

Russia-focused Sibir Energy has trebled annual pre-tax profits to £344 million and is bullish about prospects. Read

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