London afternoon: London continues drifting

5th Jul 2010 14:21

London shares are stuck in neutral, with the Footsie barely changed on the day. BP is the strongest blue chip on reports that the governments of Kuwait, China and Singapore could inject funds under a £6bn plan designed to shore up the oil group's finances in the wake of the Gulf disaster. The cost

Read more

UK SMALLCAP ROUNDUP: AIM Delistings Down 18% In 2Q

5th Jul 2010 12:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps The number of companies leaving London's junior Alternative Investment Market has fallen 18% in the second quarter but delistings still outnumber new lis

Read more

Small cap round-up: XP Power, Thor Mining, GB...

5th Jul 2010 09:50

XP Power said the evolution of the group to an own brand/own manufactured business model is driving a significant improvement in performance, as control over the manufacturing process delivers both higher margins and more rapid customer response times. Group revenues in the three months to 30 June

Read more

UK SMALLCAP ROUNDUP: Thor Mining Gold Boost At Dundas Project

5th Jul 2010 09:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps THOR MINING PLC (THR.LN) Monday said it has found the greatest concentration of high gold values to date from exploration work at its Dundas gold project

Read more

Thor Mining Finds Highest Gold Values Yet At Dundas Project

5th Jul 2010 08:16

LONDON (Dow Jones)--Minerals exploration company Thor Mining PLC (THR.LN) Monday said it has found the greatest concentration of high gold values to date from exploration work at its Dundas gold project in Western Australia. Thor, which last month raised GBP2.7 million to fund the exploration a

Read more

London close: US housing data hits shares

23rd Jun 2010 17:03

Disappointing housing data from the US endured that London's leading share index finished firmly in the red. Shares were already sluggish, but turned sharply lower after new home sales in the US dropped 32.7% in May to 300,000 annual rate, the lowest level since recordkeeping began. In the mining

Read more

UK SMALLCAP ROUNDUP: Mariana Resources Raises GB6.75 Million

23rd Jun 2010 16:00

Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps MARIANA RESOURCES LTD. (MARL.LN), a gold, silver and copper explorer, Wednesday said it agreed to raise GBP6.75 million in a share sale to fund drilling at i

Read more

London afternoon: Stocks dip in quiet trading

23rd Jun 2010 14:24

London had an up and down lunch time session with the Footsie ending the period more or less where it started it, in the red. Trading is a bit sluggish, however, and the suspicion is that traders are more interested in this afternoon's crunch World Cup match between Slovenia and England than in th

Read more

UK SMALLCAP ROUNDUP: ILX Group Eyes Increasing Overseas Sales

23rd Jun 2010 12:30

Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ILX GROUP PLC (ILX.LN) expects the proportion of its revenue coming from international operations to equal or even exceed the U.K. in the next three years, C

Read more

London midday:Attempted rally falters

23rd Jun 2010 11:58

Mining stocks are weighing the Footsie down as London follows Wall Street's lead and heads south. American investors took flight following weak housing data and Asian markets followed suit this morning. Reflecting that, miners are down with recently floated FTSE 100 new boy African Barrick Gold lea

Read more

UK SMALLCAP ROUNDUP: Polar Capital Sees Assets Rise In 2H

23rd Jun 2010 09:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps POLAR CAPITAL HOLDINGS PLC (POLR.LN), an asset manager, Wednesday posted a 74% decline in fiscal 2010 pretax profit, but recovered the loss recorded at t

Read more

Thor Mining wants £2.7m for new Aussie project

23rd Jun 2010 08:38

Thor Mining, digging for gold in Western Australia, is asking investors for £2.7m to help fund exploration and evaluation of the Dundas project and evaluation of new projects. The company, currently valued at just £¾m, wants half the money from a placing at 0.7p a share, a discount of 33% to last n

Read more

Thor Mining To Raise GBP2.7M In Placing For Dundas Project

23rd Jun 2010 07:43

LONDON (Dow Jones)--Minerals exploration company Thor Mining PLC (THR.LN) Wednesday said it plans to raise up to GBP2.7 million through a share placing which it will use to fund the exploration and evaluation of its Dundas Project in western Australia. The cash will also be put toward the contin

Read more

Thor Mining Seeks Trading Halt On ASX Pending Placing Announcement

21st Jun 2010 08:36

LONDON (Dow Jones)--Thor Mining PLC (THR.LN), the specialist metals company focused on gold and base metals projects and advancing tungsten-molybdenum projects in the Northern Territory of Australia, said Monday that it has applied for a voluntary trading halt on its securities on the Australian Sto

Read more

Small caps round-up: e2v, Namakwa Diamonds, Instore ...

29th Oct 2009 10:52

Electrical component maker e2v technologies posted a sharp fall in revenues in the six months to September 30 but managed to stay profitable by cutting costs in areas such as marketing and travel. Pre-tax profits fell to £2.6m from £3.1m over the same period the previous year as revenues slid to £9

Read more