Browse Shares Archive

Shares Edition : 7th February 2008

Titanium Resources seeks expansion

Plans to increase its share of the world’s rutile market from 30% to 50% have taken Titanium Resources (TXR:AIM) into Cameroon as it searches for acquisition opportunities. The company wants to buy projects that will produce at least 100,000 tonnes of rutile per year. In the short term,... READ MORE >>

Tullow gets out of Congo

FTSE 100 oil group Tullow Oil (TLW) has sold its interest in the Mboundi field, onshore Congo, to the Korea National Oil Company (KNOC) for a consideration of $435 million. The company had 11% equity in the project and broker Evolution Securities described it as a ‘stunning price equating... READ MORE >>

Sell off for SOCO

Oil exploration firm SOCO International (SIA), was hot on the heels of Tullow Oil (TLW), in selling off part of its portfolio following interest from Asia. It has sold its assets in the Yemen to Sinochem, the Chinese national oil company, for $465 million. Ed Story, President and CEO of... READ MORE >>