Small caps round-up: Angel Mining, GB Group, Finsbury Food...
25th Nov 2009 08:34
Unexpected currency gains helped Angel Mining, which mines for gold, zinc and lead in Greenland, move into profit in the six months to 31 August. Pre-tax profit for the period totalled £529,000 compared with a loss of £2.33m over the same period the previous year. Angel hopes its Black Angel lead
Read moreSmall caps round-up: Lifeline Scientific, Autologic, Bond...
23rd Sep 2009 13:10
The market liked Lifeline Scientific's maiden interim operating profit of $73,000 versus last year's loss of $3.1m, as the sale of 11 new LifePort kidney transporters helped revenue jump 123% to $7.75m. 'Trading was in-line with management's expectations during the first half and the board is confi
Read moreSmall caps round-up: Albany Capital, Scott Wilson, Chariot Oil...
15th Jun 2009 08:47
Pre-IPO investment company Albany Capital posted a pre-tax loss of £3.14m against a profit of £727,000 in the same period last year. Consolidated net assets per share at 31 March 2009 was 39.0p (31 March 2008: 55.9p) Due to the current economic climate and market conditions, there was a loss on inv
Read moreLondon close: US sparks Footsie recovery
26th May 2009 16:29
Footsie finished higher Tuesday after a strong performance by US shares, lifted by consumer confidence figures, hauled London's leading share index out of the red. The mining sector summed up the volatility seen on the markets today. Rio Tinto climbed after it said it had agreed a 33% cut in contra
Read moreLondon afternoon: Defensive stocks back in favour
26th May 2009 14:42
Hopes that Wall Street might provide a fillip to UK shares have been dashed as US markets open in a similarly dull fashion to London. Mining stocks and financials are the worst performers while defensive sectors such as tobaccos and supermarkets have returned to favour. Mining giant Rio Tinto is lo
Read moreLondon midday: Equities drift lower
26th May 2009 12:07
It was a dull morning session for London's leading shares, with the market following Asian markets lower after the news broke concerning North Korea's nuclear bomb test. Mining stocks and financials are the worst performers. Mining giant Rio Tinto is lower after it agreed a 33% cut in contract fin
Read moreIsland Gas celebrates major milestone
26th May 2009 09:34
Coal bed methane (CBM) developer Island Gas Resources was celebrating on Tuesday the first electricity generated from CBM gas in the UK. ‘This is clear evidence that the UK coal bed methane industry can make a real contribution to the country's energy needs,’ claimed Island’s chief executive office
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