Monday broker round-up UPDATE
24th Jun 2013 07:36
Andor Technology: WH Ireland cuts target price from 500p to 380p, while staying with its buy recommendation. Investec upgrades from hold to buy with a target price of 360p. Ashtead Group: Numis raises target price from 582p to 640p, while downgrading to hold. Bellzone Mining: Investec lowers targe
Read moreShares jump as Serabi Gold completes dewatering of Palito mine
25th Feb 2013 13:13
Shares in AIM-listed Serabi Gold rose on Monday after the Brazil-focused gold mining and exploration company published its second operational update on mining operations at its high-grade Palito gold mine in Para state. The company reported that it had completed dewatering of the mine in January an
Read moreSerabi gold issues 13.6m shares to board directors
28th Jan 2013 13:02
AIM-listed mining company Serabi Gold has awarded 13.6m shares to members of its board, a statement issued by the company on Monday disclosed. The company, which is currently transitioning from a gold exploration business to a mine developer, stated that gold production is expected to go ahead befo
Read moreResources round-up: Kalimantan Gold, Serabi Gold, Ariana Resources
2nd Oct 2012 10:21
Kalimantan Gold plunged 22 per cent after it said Tigers Realm Metals had pulled out of drilling at its Jelai epithermal gold project in Indonesia. "TRM did not see the results it expected in [its] modest 6-month drill test and they have provided notice to withdraw from the option deed effective Sep
Read moreSerabi strikes 'bonanza' grade gold in Brazil
24th Nov 2011 11:11
Serabi Mining, the Brazil-focused gold exploration company, says test drilling suggests the size of its Palito deposit may be 80% greater than first thought. The drilling programme, which began in late October and ran through to the middle of November, involved digging eight holes. Test results rec
Read moreSerabi Mining discovers areas of interest
22nd Nov 2011 08:04
Serabi Gold, the Brazilian focused exploration company, has discovered areas of geological interest in the results of its recently completed 2011 'Eastern Block' induced polarization (IP) ground geophysical survey in the Jardim do Ouro project. The results indicate a number of IP chargeability anom
Read moreLondon close: Shares end week on a high
21st Jan 2011 16:59
London's leading share index went into the weekend on a high after falls the previous two days. Royal Bank of Scotland led the top share index higher after the FT reported that bank executives and officials at the Treasury are talking about ways for the bank to exit the toxic asset scheme. After
Read moreLondon afternoon: Miners lead revival
21st Jan 2011 14:35
After yesterday's triple-digit fall the Footsie has clawed back around half of those losses, helped by a strong performance from miners. Weather conditions in Australia have improved enough to allow Rio Tinto to end the force majeure event that's disrupted supplies of aluminium from Boyne Smelters
Read moreSmall caps round-up: African Eagle, Finsbury Food, Thor Mining
21st Jan 2011 12:08
African Eagle's £3.7m placing at 15.5p a share was oversubscribed by new and existing institutional shareholders, the company said Friday. Chairman Euan Worthington said the firm, which is pinning its hopes on the Dutwa nickel project in Tanzania, had enough cash to complete a pre-feasibility study
Read moreSerabi Mining Exploration Program Focused On Palito
29th Jun 2010 09:02
LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN) said Tuesday the current exploration program is focused on a number of promising geophysical anomalies highlighted by the 2008 airborne VTEM survey and subject to finalizing a drill contract and mobilizing, it will undertake an estimated 7,500 meters of
Read moreLondon afternoon: Footsie flat
16th Jun 2010 14:41
Footsie dropped into the red over the lunchtime session before crawling back into positive territory. Little seems capable of getting investors excited, with even the highly volatile BP having a relatively quiet day. Part-nationalised lender Royal Bank of Scotland is the best performing blue chip.
Read moreSmall cap round-up: GTL Resources, Serabi, Stewart & Wright
16th Jun 2010 11:41
Higher production and improved margins helped ethanol producer GTL Resources more than double profits in the year to March 31. Pre-tax profits climbed to $32.9m from $14.5m the previous year on revenues that were up to $216.6m from $145.5m. Brazil-focused gold miner Serabi Mining has agreed to iss
Read moreSerabi Mining Enters Share Subscription Pact With Eldorado Gold
16th Jun 2010 07:50
LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN), a resources company, said Wednesday it has entered into a conditional share subscription agreement with Eldorado Gold Corporation (ELD.LN) a Canadian-based gold producer with existing interests and operations in Turkey, China, Brazil and Greece. M
Read moreSerabi Mining: IBAMA Suspends Operations At Palito >SRB.LN
14th Jun 2010 15:58
LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN), an AIM-traded gold exploration and production company, said Monday that following a visit from a representative of the Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renovaveis, or IBAMA, the Federal Environmental Agency, Serabi Mineraca
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