Zanaga Iron Ore to develop Congo project in phases
8th May 2014 11:56
AIM-listed Zanaga Iron Ore is considering developing a project in the Republic of Congo on a phased basis, leading to a fall in its shares. A feasibility study had confirmed the "attractive economics" of its Zanaga iron ore project, but on the basis of a staged development, the group said. Stage
Read moreSector movers: Industrial metal stocks gain after Putin comments
18th Mar 2014 14:42
Industrial metals and mining stocks, which have suffered heavy falls over the last month, experienced a brief respite on Tuesday as global financial markets reacted positively to comments from Vladimir Putin. Following Sunday's referendum, which saw Crimean locals vote overwhelmingly to join Russia
Read moreThursday broker round-up UPDATE
25th Apr 2013 09:07
Barclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:
Read more