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Russia-based oil explorer Imperial Energy (IEC) has posted a 227% increase in its Russian reserves, soaring to 372 million barrels of oil. This reflects a bridging of the gap between the reserves booked with the Russian authorities and the Society of Petroleum Engineers (SPE) approved... READ MORE >>

Solana Resources (SORL:AIM) 145p This pure Columbian E&P play, which is listed in Toronto as well as on Aim, has an active and aggressive drilling programme planned for 2008. This involves a firm $57 million programme with an additional $35 million of contingent work. Solana... READ MORE >>

Kalahari Minerals (KAH:AIM)... READ MORE >>

The shares of gold producer Serabi Mining (SRB:AIM) have more than halved since last summer after changing mining methods resulted in lower production and higher cash costs. An operations revamp is under way and should improve gold output significantly by the time it reports interims... READ MORE >>

A $15 million financing deal helped push the shares of Cambridge Mineral Resources (CMR:AIM) up 29% to 2.75p. The money, secured against future gold production, will fund development of three gold mining projects in Colombia. The first, Quintana, is scheduled to start production mid-2008... READ MORE >>