Small caps round-up: Avocet Mining, Panmure, Evolve Capital...
29th Sep 2010 14:57
Avocet Mining is on the up again after increasing new proven and probable ore reserve at the Inata gold mine in Burkina Faso and a mine life extended to 2018 at an average annual production of 120,000 ounces. The new mineral reserve of 16.3m tonnes grading 2.06 grammes per tonne for 1.08m ounces o
Read moreSmall caps round-up: Beowulf, Anglesey Mining, Avocet...
16th Sep 2010 13:35
Mineral exploration outfit Beowulf has added ground after finishing its 32-hole drill programme on its wholly-owned Kallak iron ore deposit in northern Sweden. "We remain convinced of the quality and quantity of our iron ore assets and firmly believe that Kallak will prove to be a major iron ore bo
Read moreUK SMALLCAP ROUNDUP: Allergan's Ozurdex Gets Agency Approval
28th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ALLERGAN INC. (AGN), a drug maker, Wednesday said the European Medicines Agency has granted marketing approval to Ozurdex, a treatment for an eye conditi
Read moreUK SMALLCAP ROUNDUP: JJB's Former Chairman Retires As Director
28th Jul 2010 12:29
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps JJB SPORTS PLC (JJB.LN), a sportswear retailer, Wednesday said its former chairman who steered it away from the brink of administration late last year ha
Read moreSmall caps round-up: Avocet, Bellzone, Mwana Africa...
28th Jul 2010 11:16
Avocet Mining swung made a profit of $11.1m in the first six months of 2010 compared with a $4.5m loss in the half-year to 30 September, and ramped up gold production by around three quarters to 97,747 ounces. The firm which has changed its year-end, said its Inata mine in Burkina Faso produced 19,
Read moreUK SMALLCAP ROUNDUP: Apollo Ups Proposal To Buy Brit Insurance
28th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BRIT INSURANCE HOLDINGS NV (BRE.LN), a U.K. insurer and reinsurer, Wednesday said New York-based Apollo Global Management LLC has made a revised indicat
Read moreINTERVIEW: Avocet Says Merukh Reports Spurred Bid Frenzy
28th Jul 2010 09:16
By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Gold miner Avocet Mining PLC (AVM.LN) Wednesday said incorrect reports it agreed a sale of its mines in south Asia to an Indonesian mining magnate sparked a frenzy of interest from potential purchasers. "I think we can do a deal
Read moreAvocet Mining Returns To 1H Pretax Profit On Inata Boost
28th Jul 2010 07:05
LONDON (Dow Jones)--Gold miner Avocet Mining PLC (AVM.LN) said Wednesday that it swung to a pretax profit for the first six months of 2010 following a jump in production and a rise in the gold price. Avocet, which has mines and exploration projects in west Africa and Asia, said it expects to in
Read moreAvocet Mining: Edey To Become Chairman On Sept 15
9th Jul 2010 07:26
LONDON (Dow Jones)--Avocet Mining PLC (AVM.LN), a gold mining company, said Friday Russell Philip Edey was on Thursday appointed to the Board as a Non-executive Director and Chairman-elect. MAIN FACTS: -It is intended that Edey will be appointed Chairman on Sep. 15, 2010. -Edey retired a
Read moreAvocet Mining Sells Hounde Group Of Licenses To Avion Gold
5th Jul 2010 07:36
LONDON (Dow Jones)-- Gold mining company Avocet Mining PLC (AVM.LN) said Monday it and Avion Gold Corp. (TSXV: AVR) have executed a legally binding definitive agreement in relation to the transaction announced on Jan. 29 pursuant to which Avion has agreed to acquire from Avocet a 100% interest in th
Read moreLondon close: Decent day for Footsie
10th Jun 2010 16:43
Footsie closed up handily after a decent start on Wall Street on a day dominated again by the problems besetting oil giant BP. On the economic front the Bank of England's Monetary Policy Committee, as expected, left its interest rate and quantitative easing policies unchanged. The European Central
Read moreLondon afternoon: Strong US start lifts Footsie
10th Jun 2010 14:40
Footsie has perked up following a bright start on Wall Street. British chip maker ARM Holdings is on the upturn on the revival of the old rumours of a bid from US consumer electronics giant Apple. Its FTSE 250-listed peer Imagination Technologies, whose chips are also used in smartphones, is highe
Read moreLondon midday: Miners buoy Footsie
10th Jun 2010 12:06
Though embattled oil giant BP remains a drag on the index the market had a positive morning session, helped by demand for mining stocks. Wednesday's plunge in the value of its US stock shocked BP into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. BP shar
Read moreLondon open: BP leads decline
10th Jun 2010 08:50
London's leading shares spilled into the red in early deals, led by oil giant BP. Wednesday's plunge in the value of its US stock has shocked British oil giant BP into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. BP shares slumped 16% in heavy US trade
Read moreAvocet Mining rejects press sale speculation
10th Jun 2010 08:00
Avocet Mining rebuffed press speculation that it has sold its South East Asian mines and that the company itself was on the verge of being sold. The mining firm said these reports are "incorrect and without foundation." Indonesian press speculated that Avocet has signed an agreement to sell its S
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