BMR may issue discounted shares to fund bid
11th May 2011 16:36
Miner and metals processor Berkeley Mineral Resources got a bit of a bashing on Wednesday as it proposed to place 145m new shares at 4p each, well below the prevailing mid-market price. In addition to the new placing shares the company will issue one warrant for every two placing shares subscribed
Read moreDiageo finance boss tops up
7th Apr 2011 15:45
Diageo's finance boss Deirdre Mahlan has added to her stake in the Guinness brewer and spirits supplier, buying nearly £150,000 of shares. The American took 3,021 American Depositary Shares (ADS) in the company. An ADS, which is equivalent to four ordinary shares, is a dollar denominated share of
Read moreBerkeley Mineral 'positive' despite bigger loss
31st Mar 2011 10:46
Losses increased at Berkeley Mineral Resources during the first half, but production at Kabwe in Zambia should start during the second half and the outlook is "very positive". The company lost £863,632 in the six months ended 31 December 2010, up from £232,468 the year before, although the latest n
Read moreBerkeley Mineral completes Zambia purchase
28th Mar 2011 15:40
The delayed acquisition of a zinc asset in Zambia by Berkeley Mineral Resources (BMR) has finally gone through. The UK mining tailings processor saw its share price slump back in December when it announced a delay in its acquisition of the remaining stockpiles of lead and zinc tailings at the Kabwe
Read moreSmall caps round-up: Berkeley Mineral, Goldplat
13th Dec 2010 11:10
A delay in its acquisition of a zinc asset in Zambia has sent shares in miner and metals processor Berkeley Mineral Resources sharply lower. Completion of the acquisition of the Kabwe tailings dump, where materials left over from previous mining operations are processed, is now expected to take pl
Read moreBerkeley Mineral has funding for Kabwe acquisition
26th Nov 2010 08:01
Mining and processing company Berekeley Mineral is on the look-out for more things to buy once it has completed the acquisition of the remaining tailings at Kabwe, Zambia. The company acquired an option to secure the rights to process the remaining stockpiles of lead and zinc at Kabwe Mine, Zambia
Read moreSmall caps round-up: Infrastrata, Nexus, Western & Oriental
4th Oct 2010 12:57
Gas storage group Infrastrata says it can get a project in Dorset moving forward after completing legal agreements with its partner eCORP. eCORP has acquired 50% of the project company, Portland Gas, in return for funding the next £22.9m for investment in the project, to match the amount Infrastra
Read moreBerkeley Mineral Metallurgical, Mineral Plan On Time, Budget
27th Jul 2010 07:44
LONDON (Dow Jones)--Berkeley Minerals Resources PLC (BMR.LN), a company primarily engaged in processing mining tailings, said Tuesday that the mineral and metallurgical due diligence program is proceeding to time and to budget. MAIN FACTS: -South African drilling company Dump and Dune were c
Read moreSmall caps round-up: Healthcare Enterprise, Dragon Oil, Phoenix IT
7th Apr 2010 11:49
Shares in Healthcare Enterprise jumped after the healthcare group reported that one of the companies in which it has shares has been given formal approval to sell an artificial insemination device in the US. Reproductive Sciences, which is 27% owned by Healthcare Enterprise, said the US Food and Dr
Read moreSmall caps round-up: Aurum, Berkeley Minerals, CSS Stellar ...
31st Mar 2010 13:16
Aurum Mining has reached commercial agreement with Kentor Gold for the acquisition of its remaining 10% interest in the Andash asset for a consideration of US$2.2m, to be paid in three instalments by 30 July 2010. Berkeley Minerals posted a loss of £232,000 for the six months ended December, compar
Read moreSmall caps round-up: Berkeley Minerals, Chromex, Empyrean...
10th Nov 2009 10:39
Berkeley Minerals, which reprocesses tailings at Kabwe in Zambia, has raised a total of £170,000 through a placing of 17m new ordinary shares at a price of 1p per share. In addition, Wills & Co will be issued 943,396 shares at the mid market share price of 2.12p on 9th November 2009 in lieu of £20,
Read moreMichael Page's Dumon sells more shares
14th Oct 2009 17:11
Charles-Henri Dumon, managing director for continental Europe and the Americas at the recruitment giant Michael Page, has offloaded a big chunk of his stake in the firm. He sold 60,000 shares at 371p a time and now has a personal holding of about 1.23m. Dumon may be wishing he had waited a while
Read moreSector movers: Mining updates lift sector
13th Oct 2009 13:33
Mining stocks are currently one of the best performing sectors, helped by some well received updates and strong metals prices. Among the strong performers is copper specialist Kazakhmys which has sold a 25% stake in its Ekibastuz GRES -1 power plant for $339m (£215m) in cash and is in talks about a
Read moreSmall caps round-up: Cyril Sweett, Kewill, Gulf Keystone...
13th Oct 2009 08:04
Construction and property consultancy firm Cyril Sweett said overall trading for the half year is expected to be in line with expectations but added that there will be a number of one-off costs. Logistics software specialist Kewill expects to report results for the six months ended 30 September in
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