Xtract Share News (XTR)

UK MIDDAY BRIEFING: Evraz Jumps Despite Wider Loss

LONDON (Alliance News) - Evraz, the Russian steel maker part owned by Roman Abramovich, has seen its shares jump Wednesday, despite reporting a wider net loss for 2013 as cost cutting failed to offset a drop in revenues caused by lower steel prices.

Evraz reported a

UK WINNERS & LOSERS: Evraz Leads FTSE 250; Ex-Dividends Weigh In

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Kingfisher, up 2.1%. UBS has upgraded Kingfisher to Buy from Neutral and i

Xtract Resources Up As Chepica Development Accelerates

LONDON (Alliance News) - Xtract Resources PLC saw its shares rose strongly Wednesday after it said it had accelerated the development of the Chepica gold and copper project it recently acquired, and now expects it to become profitable in the second quarter of this year. In a trading update,

Xtract Resources Extends Option On Potential Namakwa Project Acquisition

LONDON (Alliance News) - Xtract Resources PLC Wednesday it has extended the exclusive agreement with Aardvark Uranium Ltd on the possible acquisition of the Namakwa Surface Uranium deposit in South Africa until April 10 so that it can complete due diligence on the project. "Due to the compl

Xtract Resources Moves Towards South Africa Uranium Project Buy

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

Xtract Resources Swings To Profit As Its Reduces Costs

Xtract Energy names new Chief Financial Officer

AIM-listed Xtract Energy has appointed Joel Silberstein as its Chief Financial Officer. The group said that Silberstein was a Chartered Accountant with over 10 years' experience in the area of financial accounting and reporting, primarily in the mining industry. After completing his training at

Xtract Energy names new Chief Executive Officer

AIM-listed Xtract Energy has appointed Jan Nelson as Chief Executive Officer of the company with immediate effect. The company said that Nelson would bring over 15 years' experience in the mining industry; more recently as Chief Executive Officer Pan African Resources, where he was responsible for

Xtract Energy sells stake in Equus Mining

Natural resources investor Xtract Energy has sold its stake in Equus Mining for 980,000 Australian dollars. The company's 14m shares in the Australian copper and gold explorer were sold for AU$0.07 per share. The oil and gas focused investor originally purchased 140m shares in Caspian Oil & Gas,

Xtract disposes of Julia Creek and sells Moroccan subsidiary to Global Oil Shale Group

AIM-listed Xtract Energy has concluded negotiations with Global Oil Shale (GOS) group over Xtract's oil shale tenements at Julia Creek in Queensland, Australia. Under the terms of the agreement, Xtract will assign its oil shale rights in Julia Creek to GOS in exchange for a strategic equity stake i

Cambrian Investments sells stake in Xtract Energy

Cambrian Investments has disposed of 106,806,048 shares in AIM-listed Extract Energy. Xtract Energy's share price was down 13.64% to 0.19p at 14:06 on Friday afternoon. Xtract was established in 2004. Its strategy is to identify and invest in a portfolio of early stage oil and gas assets and busi

Xtract shares suspended

Shares in energy and mineral investor Xtract Energy have been suspended after unexpected cash calls left its future in doubt. The company said it had received the demands from Noreco, the operator of its Danish Luna well, in relation to cost overruns on drilling of the well. As a result the firm s

Small caps round-up: Amerisur, Orchid, Herencia...

Amerisur Resources, an oil and gas producer and explorer, has mobilised the work rig D-6 to the Platanillo Field, Colombia. Once the unit is rigged up and tested, the Platanillo-2 well will be re-entered and worked over. The work over programme will evaluate the previously untested formation over a

Xtract excited about North Sea prospects

Energy and mineral investor Xtract Energy saw its losses narrow dramatically in the first half of the year, but so did its cash pile. Loss before tax contracted to £1.17m from £11.73m the year before, when losses were inflated by a £9.6m hit from Xtract's share of the results of a joint venture. C