Thor Mining tries explaining price spike
24th Nov 2010 14:00
Thor Mining spiked over 70% today, but the AIM-listed miner involved in gold, tungsten-molybdenum and rare earth elements in Australia, insists it isn't hiding anything. "Following the movement in the Thor share price this morning and the increase in market volume the directors are not aware of any
Read moreBattle for 'rare earth' begins
1st Nov 2010 11:42
Most of us won't have looked at a periodic table since school, but now's the time to brush up on your chemistry as mining companies go chasing ever more exotic and elusive elements. Rare earth metals are the latest craze in the mining world. China has the biggest deposits and is getting protective.
Read moreThor revives rare earth prospect amid talk of 'bubble'
25th Oct 2010 12:10
A surge in the price of mining companies hunting for rare earth elements is causing concern within the investment community, raising concerns about a new investment bubble. The Chinese, which dig out around 97% of the world's supply, have cut exports of the minerals used by manufacturers of electri
Read moreThor excited by Dundas
23rd Sep 2010 14:29
Thor Mining extended recent gains Thursday after it talked up its Dundas gold project in Western Australia where it will start a preliminary drilling programme as soon as permits are received. The miner picked up Dundas, just to the east of the spectacular 700km long greenstone belt that includes t
Read moreThor Mining To Acquire Dundas Gold Project
12th Jul 2010 08:02
LONDON (Dow Jones)--Thor Mining PLC (THR.LN), a resources company with projects in Australia, announced Monday for the quarter ended Jun. 30, the company finalized the agreement to acquire the Dundas Gold Project in the Albany-Fraser Orogen at the margin of Western Australia's gold-rich Archaean Yi
Read moreLondon close: Footsie drops slightly
5th Jul 2010 16:33
London's main markets closed slightly lower after trading within a tight range all day. BP was the strongest blue chip all day 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 di
Read moreUK SMALLCAP ROUNDUP: Sagentia To Beat Market Views
5th Jul 2010 16:00
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 SAGENTIA GROUP PLC (SAG.LN), a technology consultant, said Monday its first-half profit is expected to "substantially" beat market expectations, on the b
Read moreLondon 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 moreUK 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 moreSmall 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 moreUK 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 moreThor 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 moreLondon 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 moreUK 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 moreLondon 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
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