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Shares Edition : 14th February 2008

Aurelian weighs up its options

Central European gas play Aurelian Oil & Gas (AUL:AIM) says it may bring in a major multinational partner to develop the Siekierki field in Poland. The acreage is now the focus for the company and its size means it will take considerable capital expenditure to bring fully on stream.... READ MORE >>

Xstrata raises the bid

Mining giant Xstrata (XTA) has raised its bid for Australia’s Resource Pacific by 12% to A$3.20 per share, valuing the business at A$1.08 billion. The key focus of attraction is the Newpac coal mine, which is planned to triple in size. The revised bid has been rejected with Resource... READ MORE >>

Nickel and zinc lose their shine

Metal prices continue to be favourable apart from nickel and zinc, which have both fallen around 8% in value in the past month. Nickel is trading around $27,500 a tonne, some 22% lower than a year ago as production and stock piles increase. Zinc at $2,375 per tonne is 24% down on the year.... READ MORE >>