London afternoon: Prices bubble over
20th Aug 2009 14:14
Equity prices came off the top over the lunch-time session but remain firmly in the blue, albeit in thin trade, largely due to the strength of miners. Mining giant Rio Tinto is higher despite seeing profits falling by more than half in the six months to June 30 as it felt the impact of sharply lowe
Read moreLondon midday: Retail sales give a boost
20th Aug 2009 12:10
July's retail sales figures have given a lift to an already buoyant equity market. Figures revealed sales grew 0.4% from June, putting the annual increase to 3.3%, the highest since May 2008. Economists had predicted a rise of just 0.2% for July following June's 1.2% gain and a 2.7% year-on-year imp
Read moreAmur soars on reserves estimate submission
20th Aug 2009 08:49
East Russia-focused exploration and development company Amur Minerals pleased shareholders Thursday with details of a reserves estimate that it has submitted for regulatory approval. The total contained metal value for its Maly Krumkon (MK) deposit is $1.8bn, the company said. This figure is based
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