Kazakhmys (LON:KAZ) has successfully listed on the Hong Kong Stock Exchange. “Our secondary listing in Hong Kong is important for the strategic development of Kazakhmys. Asia and China provide an increasingly significant customer and financing base for us,” said chief executive of Kazakhmys Oleg Novachuk. British Land (LON:BLND) has bought Grenfell Island, an office and leisure property in Maidenhead, or £74 million. The property includes 113,000 square feet (sq ft) of office space let to Hutchison 3G UK. There is another 85,000 sq ft of leisure accommodation in an adjoining building. Exillon Energy (LON:EXI) announced that preliminary results from exploration well 4, which was designed to test an area between the EWS I and EWS II fields, confirmed a net oil pay of 6.7 metres. The well is currently drilling deeper to test the potential for further oil pay. Testing of the well is expected to be completed in early 2012. DiamondCorp (LON:DCP) said that initial recoveries from its Lace diamond mine in South Africa are positive and the company is confident that its base case revenues forecast of US$30 per tonne will be met, being a grade of 24 carats per hundred tonnes (cpht) and carat value of US$120 per carat. Aurelian Oil & Gas (LON:AUL) has spudded Krzesinki-1, the first well to be drilled in the Greater Siekierki appraisal programme. Aurelian has also said that it has received all the necessary approvals to complete the sale of its subsidiary Aurelian Oil and Gas Romania (AOGR) for €6.85 million and possible future payments depending on AOGR’s performance. AOGR holds Aurelian’s non-core Romanian interests in the Bilca Gas Project Area of the Brodina Concession, the Suceava Concession, and the Bacau North areas of the Bacau concession. New World Oil & Gas (LON:NEW) has placed 50 million shares at a price of 6 pence per share to raise £3 million. The company will use the proceeds to further expand its asset portfolio. New World has recently farmed into the Blue Creek oil project in the productive Petén Basin in Belize. London Mining (LON:LOND) has secured barging and transhipment contracts for the entire Phase 1 production at its Marampa iron ore project in Sierra Leone. The agreements will provide barging capacity in time for first shipments from Marampa, which are expected in the final quarter of the year. Amur Minerals (LON:AMC) released its 2010 results today, reporting that the company had US$3 million in the bank at the year end. During the year, the company submitted an application for a mining license covering drilled resources at its Kun-Manie nickel copper sulphide project. Kun-Manie contains a total Russian approved reserve of 31.7 million tonnes of ore grading 0.64 percent nickel and 0.18 percent copper. National Milk Records (LON:NMRP) has acquired a freehold building in Wolverhampton to consolidate its testing facilities in the UK, which should save the company up to £150,000 per year. Active Energy Group (LON:AEG) announced that revenues in 2010 almost tripled to £2.97 million from £1.04 million in the previous year. The company had £0.65 million in the bank at the end of the year, prior to raising £1.62 million in May 2011. Oil and gas junior Clontarf Energy (LON:CLON) told investors this morning that it has sufficient funds for its current work programme. During 2010, the company wrote off the value of its mining projects in Iran and oil and gas assets in the Gulf of Mexico, which are now up for sale. The company has also secured two blocks in the 2010 Peruvian license round. The official licenses are expected to be signed in late July, allowing Clontarf to go ahead with its work programme.

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