Small caps: Condor, Mariana, Eckoh...
6th Sep 2010 13:57
Shares in Condor Resources took off after the Central American gold explorer announced a swap of mining rights in Nicaragua with gold producer B2Gold. The swap will result in Condor becoming the biggest concession holder in Nicaragua's La India mining district, it said. Elsewhere in Latin American
Read moreLondon close: Lower finish for FTSE 100
10th Aug 2010 16:42
A poor reception for updates from the holiday-related stocks TUI Travel and InterContinental Hotels helped ensure Footsie closed in the red, while economic worries also weighed on sentiment. China's trade surplus hit an 18-month high as exports surged and imports slowed. Imports increased 22.7% i
Read moreLondon afternoon: Buyers take a holiday
10th Aug 2010 14:14
Leading equities moved further into the red over the lunch time session as investors remained concerned about slowing growth in the Chinese economy and signs closer to home that the Budget spending cuts are starting to have an effect on the mood of UK consumers. China's trade surplus hit an 18-mon
Read moreSmall caps round-up: Mwana Africa, Goldplat, Roxi...
10th Aug 2010 10:34
Ambrian has started coverage of pan-African resources firm Mwana Africa with a 'buy' stance and risked net asset value of 30p a share. That follows an audited resource and reserve that the company says confirms the economic viability of its plan to restart the Trojan mine. Now that the report is c
Read moreLondon close: Winning streak comes to an end
18th Jun 2010 16:44
Hopes of Footsie making it eight days of rises in a row were dashed at the death. Leaders outnumbered laggards among FTSE 100 stocks but with BP giving up the gains of the morning after a downgrade from debt ratings agency Moody's the blue-chip index ended marginally easier on the day. BP, for once
Read moreLondon afternoon: Tesco hit by director pay rumblings
18th Jun 2010 14:29
Hopes of Footsie making it eight days of gains in a row were revived over the lunch-time session as the blue-chip index moved back into positive territory. Mining stocks are having a major say in Footsie's direction, with precious metals miners Fresnillo and Randgold to the fore. BP is higher desp
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 moreCondor Resources: Rio Luna Concession Granted
18th Jun 2010 07:21
LONDON (Dow Jones)--Condor Resources PLC (CNR.LN), said Friday that it has been granted the 45 square kilometers Rio Luna Concession in the Central Highlands of Nicaragua. MAIN FACTS: -Rio Luna contains over 18 kilometers of gold-bearing epithermal quartz veins and a number of advanced gold
Read moreSmall caps round-up: Sopheon, Hargreaves Services, Global Energy,...
15th Jun 2010 10:10
Hargreaves Services, which provides support services to the energy sector, said overall results are expected to be in line with management expectations. "The board remain confident about the prospects for the group. The board is particularly excited by the prospects of the Tower project and please
Read moreCondor Resources FY Pretax Loss GBP0.55M Vs Loss GBP3.48M
15th Jun 2010 08:17
LONDON (Dow Jones)--Condor Resources PLC (CNR.LN), an AIM listed Central American gold exploration company, announced Tuesday it made a pretax loss of GBP551,741 for the year ended December 31, 2009, compared with a wider loss of GBP3,476,595. MAIN FACTS: -Revenue: Nil (2008: Nil) -Opera
Read moreCondor Resources granted new concessions
14th Jan 2010 14:22
Shares in Condor Resources rallied on news that the Central America-focused gold and silver miner has been granted two new concession areas adjacent and near to it's existing Cacao and Santa Barbara concessions within the historic La India Gold Mining District in Central Nicaragua. The group said t
Read moreLondon close: Afternoon rally fizzles out
9th Dec 2009 17:13
The Chancellor's pre-Budget Report speech had little effect on UK equities, with much of its content widely expected while others subscribed to the view espoused by the Shadow Chancellor that it was more of a 'pre-election report' than a pre-Budget report. As expected, banks that pay excessive bonu
Read moreLondon afternoon: Cautious response to Pre-Budget
9th Dec 2009 14:27
London's blue chips have reacted cautiously to the chancellor's pre-Budget speech even though the big numbers were better than feared. The government's borrowing forecast for this year came in ahead of market predictions with a slight upward revison to £178bn, while Alistair Darling stuck to his fo
Read moreLondon midday: Shares hold steady
9th Dec 2009 12:06
With less than half an hour to go before the Chancellor's pre-Budget Report speech, leading equities are back to square one, as investors wait to see what the Chancellor has in store. Speculation is he'll announce the biggest squeeze in public spending for a generation, with only schools, hospital
Read moreEl Salvador license problems hit Condor Resources
9th Dec 2009 08:42
Shares Condor Resources slumped after the Central America-focused gold and silver miner began legal proceedings against the El Salvador government over its failure to respond to Condor's applications to renew its two mining licenses in the country. 'The outlook remains uncertain and unclear,' said
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