London close: Footsie winds down as 2011 nears
30th Dec 2010 16:55
London closed shy of the 6,000 mark after a late dip in very light volumes with little for either buyers or sellers to get their teeth into. Fresnillo was an exception thanks to another strong day on the metals exchanges as silver hit a new 30-year high. Copper traded above $9,500 per tonne on the
Read moreLondon midday: Traders go 'cold turkey' on shares
30th Dec 2010 12:23
Traders are regarding UK shares with all the enthusiasm of someone being offered another round of cold turkey sandwiches, as the lull between Christmas and New Year continues. Fallers outnumber risers by around two to one among Footsie constituents, with miners reflecting the mixed picture. Silver
Read moreRegency makes maiden profit
30th Dec 2010 11:07
AIM and Frankfurt listed nickel and copper miner Regency Mines has moved into the black for the first time. The company reported a profit before tax of £0.60m in the year to 30 June, compared to a loss of £0.71m the year before. The profit was primarily due to a turnaround in the associate company
Read moreSmall caps round-up: Cluff Gold, Regency Mines, Beacon Hill
30th Nov 2010 12:37
West African-focused miner Cluff Gold has intercepted "significant" sulphide mineralisation in the ongoing drilling programme at the Kalsaka mine in Burkina Faso. "We are very pleased with the encouraging results encountered at our exploration programmes at Kalsaka, which demonstrate the high pros
Read moreSmall caps round-up: Caledonia Mining, Hardy Underwriting, Tangent Comms ...
12th Nov 2010 15:34
Caledonia Mining made a third quarter net profit of C$1.64m, up from C$826,000 a year ago, on revenue up 28% to C$6.33m. It sold 4,934 ounces of gold at an average sale price of US$1,241 per ounce and a cash cost of US$651 per ounce. The Blanket mine ramped up production by 45% as the first standby
Read moreRegency Mines Raises GBP0.2M In 15.5M Share Placing
29th Jun 2010 14:06
LONDON (Dow Jones)--Regency Mines PLC (RGM.LN), a mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea Tuesday announces that it has placed 15,500,000 new ordinary shares of 0.1 pence each in the Company at 1.1 p
Read moreRegency Mines Phase 1 Reconnaissance Air Core Drilling Success
23rd Jun 2010 11:57
LONDON (Dow Jones)--Regency Mines PLC (RGM.LN), a mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea said Wednesday that it has successfully carried out Phase 1 of its reconnaissance air core drilling programme
Read moreLondon close: Footsie clings on to gains
8th Sep 2009 17:01
Leading London shares closed mixed, with strong gains on resource stocks counter-balanced by losses on life assurance stocks. Kazakhmys, Antofagasta, Rio Tinto, Xstrata and Vedanta Resources led the mining sector higher, as metal prices improved. Gold miners Fresnillo and Randgold Resources were
Read moreLondon afternoon: Holiday stocks take flight
8th Sep 2009 13:56
After opening brightly London's leading shares have been treading water since the middle of the morning. Kazakhmys, Antofagasta, Rio Tinto, Xstrata and Vedanta Resources lead the mining sector higher, as metal prices improve. Gold miner Randgold Resources is wanted after the price of gold bullio
Read moreRegency Mines encouraged by drilling results
8th Sep 2009 10:43
Mining exploration and mineral investment company Regency Mines declared the drilling results of its Botue-Mambare nickel exploration project to be 'highly encouraging'. The company said the drilling programme at Mambare, which completed at the end of 2008, produced 4,000m of drilled core and more
Read moreDenham's London Capital stake nears 16%
24th Aug 2009 15:57
London Capital Group's finance boss Simon Denham has taken his stake in the spread betting firm closer to 16% with the purchase of another 200,000 shares. Denham, co-founder of financial spread betting unit Capital Spreads, paid £360,000 or 180p each, for the shares. He now owns 6.1m shares, or 15.
Read moreSmall caps round-up: Intec, 21st Century, Regency Mines...
19th Aug 2009 12:19
Telecoms billing software firm Intec Telecom said it remains confident of the outlook for the full year. The group also announced today "a multi-million US dollar contract" with a new customer in North America for the deployment of its portfolio of products, including Intec Convergent Billing and I
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