Resource round-up: Neos, Ferrum Crescent, International Mining

Also includes: African Consolidated Resources, Sable Mining Africa, Bullabulling Gold, Mediterranean Oil & Gas, Solgold

Neos Resources, a processor of non-edible oil seed complexes in India, rocketed 37% on Wednesday after the firm said it was discussing the sale of "very significant quantities" of crude jatropha oil to several major European businesses. Neos also said it now had sufficient working capital and crushing capacity to process significantly increased quantities of non-edible seed oil.

South African iron ore developer Ferrum Crescent said it had finished an aeromagnetic survey at its Julietta and Gouda Fontein farms on its Moonlight project. The firm said it would now concentrate on the logistical solutions (rail, power, water and port services) required for progressing a detailed feasibility study for the site.

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