London market rises but Burberry dents sentiment
The FTSE 100 Index climbed 46.66 points to 6316 following overnight gains in Asia
Company
Woodbois Ltd
LON:OBT
Woodbois Ltd is an African-focused forestry company, divided into three distinct, but highly complementary divisions comprising the production and supply of sustainable African hardwood products, the trading of hardwood and hardwood products, and a reforestation and carbon credit division. The company's forestry division has production facilities in Gabon and Mozambique, managing a total of c470,000 hectares of natural forest concessions.
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Obtala to spin out timber assets
The listing on the junior AIM market is expected to take place in the first quarter of next year.
Archive
Proactive (non-mining) news summary: Active Energy, Aggregated Micro, Globo, Learning Technologies .
The end of quarter is approaching so companies were rushing out end-June trading updates, leading to a very heavy news day.
Obtala shows progress in first half
After the period, Obtala was awarded GLOBALG.A.P. certification for its agricultural operations in Tanzania.
Proactive weekly mining summary: Eurasia, Shanta, W Resources, Amur Minerals, Gemfield and more...
There was a lot of news this week in the small cap mining space...
Investments and investor services
Proactive news highlights including LGO, Gemfields, Kibo Mining, ServicePower, Shanta Gold and more
There were some gems in the small cap universe today
Archive
Proactive news summary: Eurasia Mining, Mkango, Northcote Energy, North River Resoruces, Obtala ,,,
A summary of the days news from the Proactive universe
Obtala Resources adds two directors to board
The farming group has beefed up its board with the addition of two directors
Archive
Proactive news summary, including Proxama, Stride Gaming, Obtala Resources and Enegi Oil
On a mixed news day, Proxama shares advanced over 9%.....
Obtala awarded farm standard certificate in Tanzania
GLOBALG.A.P. is a recognised international standard for farm production.
Obtala puts a little more meat on the bones of divestment plan
Obtala has given investors a little more clue on how it plans to divest the timber operation.
Proactive weekly mining news summary: Xtract, Mariana, Medusa, Obtala, Hummingbird and more
Beating expectations this week was Xtract Resources after it announced its Chepica mine returned to profitability in May, at least three months ahead of schedule.
Investments and investor services
Proactive news summary including Galasys, KEFI Minerals, Mariana, Dragon Oil, LGO Energy, IMIC
It was a busy day in the world of small caps with a number of eye-catching stories.
Obtala set to expand timber land holdings in Mozambique
Obtala Resources outlined plans to increase its timber land holdings by 13% in Mozambique through buying two new licences and revealed it plans to divest its forestry division there.
Archive
Proactive news summary, including Hummingbird Resources, Iofina, Bezant Resources, AFC Energy and Obtala Resources
On the day of the Queens speech a mixed news bag, which featured miners, biotechs and tech stocks.