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7 May 2014 13:10

UK MIDDAY BRIEFING: HSBC Profit Slides, Sainsbury Holding Out

LONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.

In a

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7 May 2014 12:07

UK WINNERS & LOSERS: Legal & General Leads On Confidence In Annuities

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Legal & General Group, up 3.2%. The group said it expects to write more

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7 May 2014 11:26

Alecto Minerals Sees Potential For Cyanide Leaching At Kossanto

LONDON (Alliance News) - Alecto Minerals PLC Wednesday said its initial cyanide leach tests at Gourbassi East have shown the potential for low-cost recovery at the Kossanto gold Project in Mali. The gold mining company said that seven samples from drilling at the Gourbassi East site taken i

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2 Apr 2014 11:57

UK MIDDAY BRIEFING: Marks & Spencer Unveils Global Growth Plan

LONDON (Alliance News) - Marks and Spencer Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.

M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin

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2 Apr 2014 10:47

UK WINNERS & LOSERS: Marks & Spencer Rises On Expansion Plans

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

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FTSE 100 - WINNERS

Marks and Spencer Group, up 2.4%. The retailer has announced that it is planning to ope

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2 Apr 2014 07:30

Alecto Minerals Jumps As Resource Estimate For Kossanto Is Increased By 80%

LONDON (Alliance News) - Alecto Minerals PLC saw its shares jump Wednesday after it reported an 80% increase in the resources estimate for its Kossanto gold project in Mali, the result of recent drilling at two of the three main target areas at the project. In a statement, the company said

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28 Mar 2014 11:13

Alecto Acquires Additional Malian Gold Projects From Savannah Resources

LONDON (Alliance News) - Alecto Minerals PLC said Friday it has enhanced its existing gold portfolio in Mali with the acquisition of the total issued share capital of Savannah Resources PLC subsidiary, NewMines Holdings Limited. Aletco's existing gold portfolio is Mali includes its flagship

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28 Mar 2014 10:58

Alecto Minerals expands Mali gold projects

Alecto Minerals advanced after the miner announced the acquisition of Malian gold projects from Savanah Resource. The mineral explorer, which is focused on West and East Africa, said it has expanded its portfolio including its flagship Kossanto Gold project through the acquisition of all of the is

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20 Mar 2014 13:33

Alecto Minerals agrees deal with Layne Drilling

Alecto Minerals, an AIM-listed mineral exploration company, has agreed a deal with Layne Drilling to carry out a programme of drilling at its Wad Amour Project in Mauritania. Sampling at the site has previously returned grades of as much as 5.79% copper at surface level. Chief Executive Mark Jon

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20 Mar 2014 11:09

Alecto Minerals Plans To Start Drilling Wad Amour In April

LONDON (Alliance News) - Alecto Minerals PLC Thursday said it has signed a contract to undertake the first drilling programme at its Wad Amour Project in Mauritania. The mining exploration company focused on West and East Africa said it signed the contract, for 1,500 metres of reverse circu

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19 Mar 2014 12:35

Alecto Minerals reports developments at Gourbassi

Alecto Minerals, an AIM-listed mineral exploration company focused on Africa, said Wednesday that it has completed a 1,505 metre drill programme on the Gourbassi East prospect. The site is one of three target areas identified at the group's 100%-owned 207 square kilometre Kossanto gold project in W

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19 Mar 2014 09:50

Alecto Minerals Completes Drilling At Gourbassi East In Mali

LONDON (Alliance News) - Alecto Minerals PLC Wednesday said it has completed a 1,505 metre Rotary Air Blast drilling programme at the Gourbassi East prospect in the Kossanto Gold Project, Mali. The mining exploration company focused on West and East Africa said 541 composite samples from th

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6 Mar 2014 11:36

Alecto Reports Positive Assay Results At Mali Prospect

LONDON (Alliance News) - Alecto Minerals PLC said Thursday it has received positive assay results for eight of 11 Reverse Circulation holes completed at the Gourbassi West target in its drilling activities at the prospective Kenieba Inlier in western Mali. The company said it has received a

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23 Jan 2014 14:51

UPDATE: Alecto Minerals Completes First Stage Of Drilling At Kossanto, Commences Exploration In Ethiopia

LONDON (Alliance News) - Alecto Minerals PLC Thursday said it has completed the first stage of its drilling programme at the Kossanto Gold Project in Mali. The mining exploration company focused on West and East Africa said the initial data from the first nine holes of the programme at Gour

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23 Jan 2014 12:48

Alecto Minerals Completes First Stage Of Drilling At Kossanto

LONDON (Alliance News) - Alecto Minerals PLC Thursday said it has completed the first stage of its drilling programme at the Kossanto Gold Project in Mali. The mining exploration company focused on West and East Africa said the initial data from the first nine holes of the programme at Gour

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