resources

Global Marine Energy bid stalls

From: Blinded by numbers, first published in March 2008.

Oil services equipment manufacturer Global Marine Energy won’t become part of Hong Kong-listed EMER just yet. Read more 'Global Marine Energy bid stalls'

Beowulf Mining

From: Blinded by numbers, first published in August 2007.

Beowulf Mining is exploring for gold and copper in Sweden but it also has an interesting iron and titanium opportunity at Routevare. Beowulf is in discussions with potential joint venture partners. Drilling should commence before the end of the year. Read more 'Beowulf Mining'

Zambezi Nickel

From: Blinded by numbers, first published in August 2007.

Zambezi Nickel intends to change its name following the joint venture deal with its main shareholder Zambezi Resources. It will retain its nickel interests in Zambia and Mozambique but the main focus will switch to Uranium. Zambezi Nickel is a company with a large number of prospects to choose from but it has to make sure that it doesn’t spread itself too thinly. Look out for the first results from drilling which could be issued in August. Read more 'Zambezi Nickel'

African Eagle Resources

From: Blinded by numbers, first published in August 2007.

African Eagle Resources is packaging up its uranium assets into one division. That could lead to a decision to spin off this part of the business as a separate quoted company. It has six projects in 11 exploration licence areas in Zambia and Tanzania and hopes to gain eight more exploration licences in Tanzania and Mozambique. There should be further news on the new division in the coming months. Read more 'African Eagle Resources'

Mariana Resources

From: Blinded by numbers, first published in August 2007.

Mariana is a very small company but some of its exploration is being financed by bigger companies such as Dynasty Metals & Mining, Anglo American, Apex Silver and IAMGOLD Corporation, which has recently made gold discoveries in Ecuador. Apex Silver is also a direct investor in Mariana. Mariana managing director John Sutcliffe has been involved in gold discoveries and mines in South America, Spain and Yemen as well as copper in Chile. Read more 'Mariana Resources'

Rheochem

From: Blinded by numbers, first published in June 2007.

Rheochem’s drilling fluids business continues to win additional contracts. This is a $4bn market and Rheochem is tiny in comparison to its main rivals such as Halliburton and Schlumberger. Read more 'Rheochem'

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