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AIM listed Altona Energy has entered into a memorandum of understanding with Maison Global, a provider of clean energy products to China, which will see the two companies collaborate in the business development of project opportunities for the production of transportation fuels, energy products and
Read moreAnglo Asian Mining, an AIM-listed gold producer, was heading higher after revealing positive data at its flagship Gedabek gold/copper mine in Azerbaijan. The firm has achieved an increase in gold production at Gedabek during the fourth quarter of 2011, with output rising quarter-on-quarter from 13
Read moreCentral Asia focused gold miner, Anglo Asian Mining, saw profits more than double in the first six months of the year as demand for gold pushed up prices. Profit before tax was up 129% to $14.2m, while revenues were up 36% to $38.5m. Anglo Asian sold 24,586 oz of gold at an average of $1,450 per o
Read moreAzerbaijan-focused gold producer Anglo Asian Mining moved firmly into profit last year on the back of booming gold prices. The company made a profit before tax of $19.8m on revenue of $72m in 2010, compared to a loss of $11.7m on sales of $10.3m in 2009. Gold was produced at an average cash operat
Read moreShares in Azerbaijan-focused gold and copper miner Anglo Asian Mining fell back after extreme winter weather held back production in the first quarter of 2011. The company produced 14,028 ounces of gold from its Gedabek mine, which is near Azerbaijan's second city Ganja, 3% higher than the same per
Read moreSainsbury's commercial director Michael Coupe has taken a big chunk of shares ahead of the supermarket operator's trading statement tomorrow. He took 8,621 shares at 390.53 a time, spending nearly £34,000, and now has 798,285. News of the purchase, which was made last week, comes as data from mar
Read moreThe top share index was firmly in negative territory at the close of trading, despite M&A excitement concerning Smith & Nephew The joint replacement specialist jumped more than 10% following reports it turned down a bid approach from US rival Johnson & Johnson just before Christmas. Sticking with
Read moreFootsie moved sideways over the lunch time trading session. Mining stocks continue to weigh the blue-chip index down, but oil stocks provide some cheer. A decline in copper imports into commodity-hungry China sent prices for the red metal lower. Kazakhmys, which transports copper from its Kazakhsta
Read moreOmega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.
Read moreAnglo Asian Mining says the lastest estimate on the gold resource at its Gedabek gold/copper mine in Azerbaijan has increased to 704,000 ounces of gold. Anglo Asian CEO Reza Vaziri said, "We are delighted to announce this upgraded resource which, after taking account of ore already mined, gives a t
Read moreShares in Anglo Asian Mining leaped 12.7% today after a positive update on its gold and copper mine in Azerbaijan. For the quarter ended 30 September, the group noted a record 3-month gold production figure of 19,214oz, and production for the year-to-date stands at 47,711oz. These figures show that
Read moreComponents distributor Premier Farnell's strong sales performance in the first four months of financial year 2011 has continued into June, with sales up by 29% year on year. Irish airline Aer Lingus' total passenger numbers in June 2010 were 941,000, down 8.6% on June 2009. Short haul passengers w
Read moreDow 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 AVEVA GROUP PLC (AVV.LN), a maker of engineering software, said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase de
Read moreDow 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 DS SMITH PLC (SMDS.LN) Wednesday said it agreed to acquire a French packaging business from Carlyle Group LP for EUR247 million to bolster its presence in co
Read moreLONDON (Dow Jones)--Azerbaijan-focused gold miner Anglo Asian Mining PLC (AAZ.LN) Wednesday reported record quarterly production from its Gedabek mine and said it expects to increase the resource there by about 50%. Anglo Asian Mining said a resource increase for Gedabek is expected in July and
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