Resource round-up: ATH Resources, Churchill Mining, Mariana Resources
14th Jun 2012 12:52
ATH Resources lost almost half its value on Thursday after it said a big drop in coal prices had hit trading hard and it was in discussions with its banks. "International coal prices have fallen by some 21% since the beginning of the calendar year and by over 28% since the beginning of the group's f
Read moreResources round-up: Altona, Mariana, Aureus ...
3rd Apr 2012 13:09
AIM listed Altona Energy has entered into a memorandum of understanding with Maison Global, a provider of clean energy products to China, which will see the two companies collaborate in the business development of project opportunities for the production of transportation fuels, energy products and
Read moreIndonesia setback for Churchill Mining
19th Aug 2011 16:20
Shares in AIM-listed Indonesian miner Churchill Mining took a hammering on Friday after a legal set-back. The firm revealed that its appeal to the Administrative High Court in Jakarta over the revocation of two of the four licences on the East Kutai Coal Project has been dismissed. By 16.22 in the
Read moreChurchill to fight them on the breaches
15th Aug 2011 15:08
Churchill Mining has lodged an unlawful act claim against a member of the Ridlatama group after its notice of dispute was ignored. Churchill is seeking an order for damages to compensate for alleged losses suffered as a consequence of allegedly unlawful acts by Ridlatama group member, Andreas Rina
Read moreChurchill Mining raises £7.7m
3rd May 2011 14:23
Mining group Churchill has agreed a £7.7m share placing to develop its East Kutai Coal Project in Indonesia. The shares are being placed to the businessman and businesswoman Rachmat Gobel and Fara Luwia. A total of 19,345,000 shares are being issued at 40p a share, which is a 40p ahead of the avera
Read moreLondon close: Late rally trims losses
23rd Sep 2010 16:40
London staged a last hour rally but didn't rise by enough to eliminate losses sparked by a weak start on Wall Street. News that Brazilian oil company Petrobas will launch a world record $78bn rights issue helped other oil companies. BP, Shell and Cairn all picked up near the close. Expectation t
Read moreLondon afternoon: US shadow increases London gloom
23rd Sep 2010 14:24
Expectations of a weak start on Wall Street, after poor US jobless data, sent London lower still over the lunch time session, with banks and miners continuing to feature prominently among the blue-chip fallers. Lloyds and Standard Chartered are the worst performing banking stocks as worries resur
Read moreLondon midday: Blue-chips in the red
23rd Sep 2010 12:12
London's blue-chips are beating a rapid retreat but second liners are having a slightly better time of it, though most are still in arrears. Banks and miners are prominent among the blue-chip fallers. Lloyds and Standard Chartered are the worst performing banking stocks while HSBC is also lower a
Read moreChurchill soars after coal project study
23rd Sep 2010 08:37
Shares in Churchill Mining roared ahead after the coal miner said a study at its East Kutai project in Indonesia 'confirms the technical and economic feasibility of the project and demonstrates that it is a world-class thermal coal deposit .' An investment evaluation of the project indicates that i
Read moreUK SMALLCAP ROUNDUP: ABB Drops Chloride Bid
1st 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 ABB LTD. (ABB), a Swiss engineer, Thursday threw in the towel in a bidding war over U.K. industrial company CHLORIDE GROUP PLC (CHLD.LN), increasing the
Read moreChurchill Mining Raises Production Forecast For East Kutai
1st Jul 2010 08:35
LONDON (Dow Jones)--Indonesia-focused coal miner Churchill Mining PLC (CHL.LN) Thursday said it believes it will be able to produce an extra 10 million metric tons of coal a year from its East Kutai project. The company said feasibility studies show mine facilities planned for the northern part
Read moreUK SMALLCAP ROUNDUP: GW Pharmaceuticals Wins Sativex Approval
18th Jun 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 GW PHARMACEUTICALS PLC (GWP.LN), a drug developer, Friday said it received a license for its cannabis-derived multiple sclerosis medicine Sativex from th
Read moreSmall caps round-up: Conexion, Condor, Capcon...
18th Jun 2010 13:25
Music copyright group Conexion Media narrowed losses in the year to December 31 despite lower revenues. Pre-tax losses fell to £630,000 from £1.6m on revenues that were down to £3.4m from £4m. Conexion, which specialises in the administration of film and TV related music rights, won deals newspape
Read moreUK SMALLCAP ROUNDUP: Small Cap Fundraising Gets EU Boost
18th Jun 2010 12:30
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 Small-cap investors Friday welcomed changes set to make fundraisings and rights issues by small and mid-cap companies simpler and cheaper after the Europ
Read moreUK SMALLCAP ROUNDUP: Staffline's Earnings To Top Expectations
18th Jun 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 STAFFLINE GROUP PLC (STAF.LN), a U.K. recruitment company, Friday said it expects both first-half and full-year earnings to be "significantly ahead" of c
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