URU outlines work ahead to secure Zebediela mining right
30th Aug 2019 10:10
(Sharecast News) - URU announced on Friday that the application for a mining right submitted by its South African subsidiary, Lesego Platinum Uitloop (LPU), over the three prospecting rights that form the Zebediela Project, has been accepted by the South African Department of Mineral Resources.
Read moreURU Metals narrows losses as it works towards revenue
31st Dec 2018 12:27
(Sharecast News) - Pre-revenue company URU Metals announced its interim results for the six months ended 30 September on Monday, reporting an operating loss of $0.41m, narrowing from $0.54m a year earlier.
Read moreURU completes ground-based geophysics survey at Zebediela
16th Oct 2018 14:32
(Sharecast News) - URU Metals announced on Tuesday that the ground-based geophysics survey over a portion of the Zebediela Project has been completed.
Read moreURU Metals raises £0.77m in placing
9th Jan 2017 15:27
(ShareCast News) - Base metals and uranium exploration and development company URU Metals announced on Monday that it has raised £0.77m from institutional and other investors through a placing of 171,111,110 new ordinary shares at 0.45p per share. The AIM-traded firm said the placing proceeds will b
Read moreURU Metals reports on lacklustre first half
23rd Dec 2016 11:31
(ShareCast News) - Multi-commodity exploration and development company URU Metals announced its interim results for the six months to 30 September - a period in which the equity market for the mining industry has showed signs of improvement, the board said. The AIM-traded firm indicated that no sign
Read moreURU Metals' shares slide as it raises £640,000
22nd Nov 2016 14:48
(ShareCast News) - Shares in URU Metals are down almost 14% as it raised £640,000 at 0.4p a share to progress the work programme at its Zebediela Nickel Project. This work would include drill testing potential extensions of nickel mineralisation, infill drilling, metallurgical studies and the comple
Read moreURU Metals stock sees mysterious surge
7th Oct 2016 15:13
(ShareCast News) - URU Metals was forced to issue a statement on Friday, as its share price soared on the AIM market of the London Stock Exchange. The firm's stock steadily declined over the month to Wednesday, reaching a low of 0.28p, but in the last two days has more than doubled. Quite why was a
Read moreSector movers: Industrial miners hit as metal prices fall on Chinese woes
16th Dec 2014 15:08
Data from China showing that factory output declined pressured London's industrial metals and mining sector lower on Tuesday as commodity prices fell. Miners such as Zanaga Iron Ore, URU Metals, Evraz, Ferrex, First Quantum Minerals and Ferrexpo were all trading with losses in afternoon trade. HSBC
Read moreUru Metals Chief Executive quits
18th Dec 2013 11:04
Uranium and nickel explorer URU Metals said its Chief Executive Roger Lemaitre is stepping down, hitting its shares. URU, which has nickel projects in South Africa and uranium and gold schemes in Sweden and Canada, said Lemaitre will leave on January 10, 2014, to pursue a career opportunity with an
Read moreURU Metals encouraged by Närke's 'top five' potential
5th Sep 2013 09:25
AIM explorer URU Metals has been buoyed by the potential for its Närke project in Sweden to become one of the 'top five' uranium mines in the world. A competent person's report on the Närke Uranium-Oil Project indicated that it had the potential to hold as much as 303,000 tonnes of U3O8 yellowcake
Read moreMonday 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 moreWolseley chairman spends £200,000
14th Apr 2011 17:03
Gareth Davis, the chairman of Wolseley, has splashed out nearly £200,000 on shares in the plumbing supplies group. Davis, who took up his post at Wolseley at the beginning of the year after he stepped down as the chief of Lambert & Butler cigarettes maker Imperial Tobacco, took 9,720 shares at 2,14
Read moreJapan nuke fears aid solar firms, dumps uranium plays
17th Mar 2011 12:40
The ongoing crisis at the Fukushima Daiichi nuclear plant in Japan has been a disaster for uranium-related stocks, but a welcome boost for alternative energy companies as opposition to nuclear grows. Should there be a catastrophic accident at Fukushima Daiichi, calls for nuclear power to be scrappe
Read moreWH Smiths' newest director buys
26th Apr 2010 16:51
New WH Smith non-executive director Walker Boyd has made his first purchase of shares in the retailer. Boyd joined the board in February and he has acquired 15,000 shares at 506.5p each. This cost nearly £76,000. He did not own any shares prior to the purchase. Boyd has bought the shares earlier en
Read moreNiger distributes Kalahari shares
30th Oct 2009 18:30
Niger Uranium plans to distribute the majority of its stake in the uranium and copper mine developer Kalahari Minerals. Shareholders in Niger will receive 20.66 Kalahari shares for every 100 Niger shares they own. The record date for the distribution is 24 November. The Niger share price rose 15
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