Tuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreTuesday tips round-up: Sirius Minerals, St Ives, Prudential
13th Aug 2013 06:49
Sirius Minerals' refinancing should allow the company to begin on its potash mine under the North York Moors National Park. However uncertainties remain including planning permission and pricing pressures, The Times' Tempus column noted. The shares have halved since last month over such concerns. Pr
Read moreTuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreTuesday tips round-up: Sirius Minerals, Elementis, Telefonica
23rd Jul 2013 06:42
York Potash developer Sirius Minerals saw its shares plunge last week after announcing the delay of the approval of its fertiliser mine near Whitby in North Yorkshire. The North York Moors National Park Authority (NYMNPA)is considering whether it should grant permission for the mine to go ahead as i
Read moreLondon pre-open: Losses expected as markets look ahead to G20
19th Jul 2013 07:29
Markets are expected to open slightly lower on Friday morning with the FTSE 100 pulling back after a seven-week high ahead of the meeting of G20 leaders. City sources predict the FTSE 100 will open down 18 points from yesterday's close of 6,634. The last time the index finished higher was on May 3
Read moreSirius Minerals rejects negative report on flagship project - UPDATE
19th Jul 2013 07:09
Sirius Minerals has defended its flagship potash project against a report that casts doubts on the benefits of the proposed mine in Yorkshire. The report was written by consultants AMEC for the North York Moors National Park Authority, which will decide whether to allow the project. It said the mar
Read moreSirius falls after delay on flagship potash site
18th Jul 2013 08:18
Sirius Minerals shares plunged after the company announced a delay in its application to mine for potash at its flagship site in Yorkshire. The AIM-listed company said it had asked the North York Moors National Park Authority to defer a decision on its application. The shares were down 12.8% to 18
Read moreSirius Minerals secures polyhalite offtake contract
27th Jun 2013 08:40
AIM-listed global potash exploration and mining company Sirius Minerals has entered into an offtake agreement with Yunnan TCT Yong-Zhe company TCT) for the sale of 1.0m tonnes per annum (mtpa) of polyhalite for 10 years from 2017. The company said that the offtake would be for a fixed price per to
Read moreSirius welcomes delay to Yorkshire Moors planning meeting
5th Jun 2013 08:27
Potash miner Sirius Minerals has revealed that the upcoming planning permission meeting for its Yorkshire mine has been delayed by almost a month. Sirius said it welcomed the extra time as it allowed further feedback from stakeholders to be provided to the planning committee of the North York Moor
Read moreWednesday tips round-up: Sirius Minerals, Volex, GlaxoSmithKline
29th May 2013 06:54
The global pharmaceuticals sector is stuck in the 'doldrums' due to the impact of the so-called 'patent-cliff.' However, they have rebounded from their previous cycle lows - even in the case of laggards such as AstraZeneca, GlaxoSmithKline or Novartis - as investors seem to appreciate their defensiv
Read moreSirius Minerals scores UK and European sales agreements
28th May 2013 10:18
Sirius Minerals has entered into a number of agreements with undisclosed fertiliser distributors and manufacturers in the UK and Europe for the future sale of polyhalite from the York Potash Project. Under the framework sales agreements (FSA), which set out volume commitments for formal sales cont
Read moreHikma Pharmaceuticals non-exec sells 5,700 shares
21st May 2013 15:52
Ronald Goode, a non-Executive Director of Hikma Pharmaceuticals, has disposed of 5,700 shares at 983.00p each. The £56,031 sale comes less than a week after the company upgraded its 2013 revenue growth forecast following a strong start to the year. In an announcment released May 16th, the group t
Read moreSirius Minerals increases York Potash Mineral Resource
7th May 2013 09:18
AIM-listed diversified potash development company Sirius Minerals has increased and upgraded its York Potash Mineral Resource. In an operational update issued on Tuesday, the company reported an increase of total mineral resource to 2.66bn tonnes at an average grade of 85.7% of polyhalite within an
Read moreSirius Minerals submits 'compelling case' for York Potash Project
23rd Apr 2013 10:48
AIM-listed mining and exploration holding company Sirius Minerals has provided an update on the planning approval process for its York Potash Project. Following requests for further information previously made by the North York Moors National Park Authority (NYMNPA), the company said it had now su
Read moreSirius Minerals completes coring at York Potash project
22nd Mar 2013 16:08
AIM-listed Sirius Minerals has completed the coring of the deflection SM11A mine site at the York Potash Project, an operational update has disclosed. Drilling of SM11A commenced on March 8th 2013 following the completion of the parent hole SM11. Coring of the Fordon Evaporites commenced on Marc
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