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Shares Edition : 3rd April 2008

Shell in Brazil find

Rapidly establishing itself as one of the the most prospective regions for hydrocarbons in the world, Brazil appears to have been the source of yet another large discovery. According to reports in the Brazilian media, a consortium, which includes Royal Dutch Shell (RDSB), has made a... READ MORE >>

Stocks to watch: Oil & Gas - Emerald Energy (EEN)

Emerald Energy (EEN) 271.25p We have previously discussed the Khubert East discovery in Syria with reference to Gulfsands Petroleum but Emerald, which has a 50% stake, has also benefited from the success there. The company is currently in the process of drilling the first horizontal... READ MORE >>

River Diamonds turns over a new gold leaf

Having officially acquired 100% of the Vatukoula mine in Fiji this week, River Diamonds (RVD:AIM) said it would begin processing a stockpile of ore during April estimated to contain $4 million of gold. Vatukoula contains five million ounces of resource and reserves and was the longest... READ MORE >>