Resource round-up: Ind. Resources, Ormonde, Solo Oil ...
18th Jun 2012 09:10
The Italy focused gas company, Independent Resources (IRG), said it is accelerating its strategy review after an earthquake struck the area where its Rivara underground gas storage project is situated. The group said that the whole concept of underground natural gas storage is now being called into
Read moreResources round-up: Amerisur, Ormonde, ATH...
28th Mar 2012 13:09
Ormonde Mining has reported further positive gold assay results at its Zamora Gold Project. Drilling of the nine-hole programme, which is being funded by the firm's joint venture partner Aurum Mining, has been completed and assay results received for the initial three holes (ORMP 13, 14 and 15). The
Read moreOrmonde buys out junior partner
4th Apr 2011 13:03
The market has given the thumbs-up to the acquisition of a 10% interest in the Barruecopardo tungsten project by miner Ormonde Mining, giving it total control of the Spanish asset. The company is buying the minority stake held by its joint venture partner The Society of Mining Investigation and Exp
Read moreMining round-up: Discovery Metals, Kefi, Ormonde ...
28th Sep 2010 16:16
Discovery Metals had had its seven prospecting licences in Ngamiland, Botswana renewed for a further two years. "All areas of interest, within these prospecting licences, have been retained," it said. Gold and copper exploration company Kefi Minerals saw loss before tax narrow to £0.47m in the fir
Read moreSmall caps round-up: Beowulf, Anglesey Mining, Avocet...
16th Sep 2010 13:35
Mineral exploration outfit Beowulf has added ground after finishing its 32-hole drill programme on its wholly-owned Kallak iron ore deposit in northern Sweden. "We remain convinced of the quality and quantity of our iron ore assets and firmly believe that Kallak will prove to be a major iron ore bo
Read moreSmall caps round-up: Character, Advanced Computer, Titanium...
9th Sep 2010 14:57
Toy maker Character expects to make a "strong return to profitability" for the year to 31 August and reports second half and full-year sales ahead of forecasts. "Sales in the new year have started well and are likely to substantially out-perform our internal forecasts for September," the firm sai
Read moreSmall caps round-up: Devro, Catalytic Solutions, Summit
3rd Aug 2010 16:26
Sausage casings manufacturer Devro reported a sharp rise in interim profit and a 40% increase in its interim dividend to 2p a share. Pre-exceptional profit was 86% ahead at £17.1m as sales increased 11% to £116.1m in the six months to June 2010. The market for collagen casings is growing at 5% a y
Read moreOrmonde Mining Commissions Scot Wilson For Barruecopardo Study
28th Jul 2010 07:44
LONDON (Dow Jones)--Ormonde Mining PLC (ORM.LN) said Wednesday it has commissioned independent consultant, Scott Wilson Mining, to carry out engineering and economic studies on Barruecopardo to quantify the benefits of the increased resource to the project economics. MAIN FACTS: -At the proj
Read moreOrmonde Mining Raises GBP642,000 Via Placing AT 3.5P >ORQ.DB
30th Jun 2010 08:17
LONDON (Dow Jones)--Ormonde Mining PLC (ORQ.DB), a mineral development and exploration company focused on Spain, said Wednesday it has procured placing commitments in respect of 18.35 million new ordinary shares with new and existing institutional and private investors at 3.5p per share, raising GBP
Read moreOrmonde acquires option over copper project
12th Apr 2010 18:45
Ormonde Mining has acquired an option over the Tharsis copper project in Spain. Tharsis is in Huelva province in Spain just like the La Zarza project, which Ormonde acquired from the same seller. It is in an area where there is a history of mining. There is copper and gold mineralisation in the ar
Read moreLondon close: Footsie clings on
27th Oct 2009 16:47
Footsie managed to close with gains despite spending some of the day in the red, with oil giant BP leading the risers. BP climbed after it kicked off the oil majors results season with third quarter figures that showed a smaller than feared drop in profits. Profit attributable to shareholders came
Read moreLondon afternoon: London jolted by US consumer confidence data
27th Oct 2009 14:35
An unexpected fall in US consumer confidence in October has had a knock-on effect back in Blighty, with the FTSE 100 relinquishing most of the gains amassed during the morning. Household goods group Reckitt Benckiser shrugged off the recession during the third quarter, reporting a big jump in profi
Read moreLondon midday: Oil fuelled advance
27th Oct 2009 12:14
Better than expected results from BP have given the market a lift but banking shares have declined to join the party. Index heavyweight BP kicked off the oil majors results season with third quarter figures that showed a smaller than feared drop in profits. Profit attributable to shareholders came
Read moreLondon open: BP heads advance
27th Oct 2009 08:35
BP has helped investors get over last night's three-figure dive on Wall Street, leading London higher in early deals. Index heavyweight BP kicked off the oil majors results season with third quarter figures that showed a smaller than feared drop in profits. Profit attributable to shareholders came
Read moreOrmonde confirms Antofagasta as La Zarza partner
27th Oct 2009 07:37
Ormonde Mining has confirmed Antofagasta as the previously unidentified joint venture partner for its La Zarza ground holdings in the Huelva Province of southern Spain. The Irish explorer said the copper giant, which has huge interests in Chile, will extend the previous exploration by Ormonde to co
Read more