London afternoon: Equities pare losses
17th Aug 2009 14:46
The FTSE 100 had a good lunch-time session, trimming the morning's losses, but it remains firmly in the red, with miners leading the way down. Concerns grow about the health of the US economy are weighing on mining companies. With consumers reticent to play their part in a demand-led recovery inves
Read moreLondon midday: Deep in the red
17th Aug 2009 11:59
London's benchmark index is posting deep losses as miners weigh on the market on worries that the recent gains may have been overdone. Concerns grow about the health of the US economy following Friday's dismal consumer sentiment data. Asian markets were down overnight, while US futures also point l
Read moreRed Rock set for stake in Kenyan gold project
17th Aug 2009 09:10
Shares in mining exploration and mineral investment company Red Rock shot up after the company said it may acquire a controlling interest in the Migori Gold Project in Kenya. Red Rock has entered into an agreement with the Kansai Mining Corporation to potentially acquire a 60% stake in Kansai’s who
Read moreSmall caps round-up: InterCytex, K3 Business Tech, Research Now...
1st Jul 2009 11:57
Shares in InterCytex plunged after the regenerative medicine firm said ongoing discussions relating to offers to acquire certain parts of the business are not expected to result in an offer for the whole business. Logistics software firm K3 Business Technology said it has traded in line with expec
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