Small caps round-up: Henderson Smaller Cos, Forte Energy, Vane Minerals...
19th Jan 2011 11:01
Small cap-focused trust Henderson Smaller Companies achieved a total return of 22.1% for the half-year to 30 November, putting the benchmark index - up 12.7% - in the shade. The trust, which increased total pre-tax profit from £37.9m to £42.6m, said it expects the markets to remain "choppy", but t
Read moreLondon close: Footsie winds down as 2011 nears
30th Dec 2010 16:55
London closed shy of the 6,000 mark after a late dip in very light volumes with little for either buyers or sellers to get their teeth into. Fresnillo was an exception thanks to another strong day on the metals exchanges as silver hit a new 30-year high. Copper traded above $9,500 per tonne on the
Read moreLondon midday: Traders go 'cold turkey' on shares
30th Dec 2010 12:23
Traders are regarding UK shares with all the enthusiasm of someone being offered another round of cold turkey sandwiches, as the lull between Christmas and New Year continues. Fallers outnumber risers by around two to one among Footsie constituents, with miners reflecting the mixed picture. Silver
Read moreBerkeley Resources and Severstal talks stall
30th Dec 2010 09:49
Uranium miner Berkeley Resources has confirmed that the bid exclusivity granted to Russian giant Severstal expired on 29 December after the two parties could not agree a price for a takeover. Severstal's right to subscribe for shares in Berkeley remains in force until 14 January but is only exerci
Read moreLondon open: Blue chips very flat
30th Dec 2010 09:10
Trading so far seems even quieter than yesterday, with very little news to get the attention of either buyers or sellers. BP is off the pace after it faced more US litigation with an investor lawsuit claiming the oil giant repeatedly lied about its safety record over the past five years. Miners ar
Read moreThursday newspaper round-up: Strikes, BP, Italy...
30th Dec 2010 08:35
Union bosses are plotting mass strikes at around the time of the royal wedding. The most senior figures in the movement are to meet early in the new year at a TUC meeting aimed at delivering co-ordinated mass industrial action in the spring against government cuts. Mark Serwotka, the leader of the
Read moreBG boss raises more than £1m
12th Nov 2010 16:49
BG Group chief executive Frank Chapman has raised more than £1m by selling shares in the oil and gas explorer and producer. Chapman sold 85,000 shares at £12.80 each, which leaves him with 1.91m shares in BG, which was spun out of British Gas in 1997. Chapman has been chief executive for 10 year
Read moreSeverstal approach for Berkeley Resources
29th Oct 2010 17:57
Giant steel maker and miner OAO Severstal is trying to negotiate a bid for AIM-quoted and ASX-listed uranium miner Berkeley Resources Ltd. Severstal says that, subject to due diligence, it is considering making a cash offer for the miner. Severstal's annual revenues are $13bn. Berkeley's board s
Read moreSmall caps round-up: PetroLatina, Metminco, Berkeley Resources...
30th Jul 2010 11:10
Colombia-focused oil and gas group PetroLatina has raised $11.5m from a placing of shares at 40p each, with $10m bought by major shareholder Tribeca Oil & Gas Inc and the rest by a business linked to chief executive Juan Carlos Rodriguez. The fundraising, which will finance the ongoing work program
Read moreBerkeley drills to expand Spanish uranium project
28th Jun 2010 08:29
Berkeley Resources has started the first phase of Reverse Circulation (RC) drilling at the Salamanca uranium project in Spain. The miner is aiming to upgrade the current resource classifications from Indicated to Measured and from Inferred to Indicated, test for lateral and depth extensions of the
Read moreBerkeley Resources Starts Phase 1 Drilling At Salamanca Spain
28th Jun 2010 08:29
LONDON (Dow Jones)--Berkeley Resources Limited (BKY.LN) Monday announces the start of the first phase of Reverse Circulation (RC) drilling at the Salamanca Uranium Project in Spain. MAIN FACTS: -Three rigs have been mobilized to site and are drilling with another rig to start shortly. -T
Read moreSmall caps round-up: Sirius, Catalyst Media, Globus Maritime...
2nd Dec 2009 07:59
Sirius Petroleum has raised £1.1m through a placing at 6p to cover the costs of due diligence on an as yet unnamed acquisition target and to provide working capital. The fund raising is part of Sirus's strategy to neter joint venture partnerships on marginal fields. Shares in Catalyst Media jumped
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