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(Adds Sierra Leone mineral resource minister comment.) By Devon Maylie and Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Sierra Leone-focused iron ore miner African Minerals Ltd. (AMI.LN) Tuesday said it agreed to a $1.5 billion investment in its Tonkolili project from Shandon
Read moreDow 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 BGLOBAL PLC (BGBL.LN), a metering services company, Tuesday said it expects to move into profit for fiscal 2011 following a first quarter in the black, a
Read moreInflation figures gave the London stock market a boost this morning and the Footsie ended the session close to its highest level for the day. Consumer price inflation (CPI) eased towards the Bank of England's target level of 2% in the year to June. helped by lower petrol prices. CPI annual inflati
Read more(Adds details of China Railway Materials Commercial deal, analyst comments.) By Devon Maylie and Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Sierra Leone-focused iron ore miner African Minerals Ltd. (AMI.LN) Tuesday said it agreed a $1.5 billion investment in its Tonkolili p
Read moreDow 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 AFRICAN MINERALS LTD. (AMI.LN), an iron ore miner focused on Sierra Leone, Tuesday said it agreed a $1.5 billion investment in its Tonkolili project from
Read moreFootsie has made a healthy start with another good news day for BP helping the oil giant recover further. BP shares are up another 4% so far this morning on hopes it is near to stemming the flow of oil spilling into the Gulf of Mexico. A new 75-tonne steel cap was lowered over the damaged well lat
Read moreAfrican Minerals has tied up a $1.5bn investment in its iron ore project at Tonkolili, Sierra Leone from Chinese steel group Shandong Iron & Steel(SISG). The three stage investment is for approximately 25% of the project and values the whole development at $6bn. SISG will take 25% stakes in the t
Read moreLONDON (Dow Jones)--Sierra Leone-focused iron ore miner African Minerals Ltd. (AMI.LN) Tuesday said it agreed a $1.5 billion investment in its Tonkolili project from Shandong Iron & Steel Group Co., in a deal that underscores China's appetite for raw materials to fuel its economic expansion. The
Read moreSeven of the eight directors of consumer electronics retailer Kesa Electronics have bought shares following yesterday's full year figures. The biggest purchases were by chief executive Thierry Falque-Pierrotin, chairman David Newlands and finance director Dominic Platt. Falque-Pierrotin bought 100
Read moreLONDON (Dow Jones)--African Minerals Ltd (AMI.LN), a mineral exploration and development company with significant iron ore and base metal interests in Sierra Leone, West Africa, said Thursday that for the year ended Dec. 31, 2009, it made a pretax profit of $12.1 million on revenue of $0.2 million.
Read moreLONDON (Dow Jones)--African Minerals Ltd (AMI.LN), a mineral exploration and development company with significant iron ore interests in Sierra Leone, West Africa, said Thursday that at its flagship Tonkolili Project , it is currently on schedule to start production and shipping of 8 million tons per
Read moreUnexpected currency gains helped Angel Mining, which mines for gold, zinc and lead in Greenland, move into profit in the six months to 31 August. Pre-tax profit for the period totalled £529,000 compared with a loss of £2.33m over the same period the previous year. Angel hopes its Black Angel lead
Read moreSound Oil is in discussions about a possible takeover of a private company majority-owned by a trust connected with Frank Timis with oil assets offshore West Africa. The transaction under discussion is expected to represent a reverse takeover under the AIM Rules and Sound has requested that trading
Read moreLloyds Banking Group has been forced to abandon its plan to withdraw from the Government's toxic debt insurance scheme after failing to raise enough capital to meet the Financial Services Authority's strict requirements. The decision dashes the hopes of Eric Daniels, chief executive, who wanted a w
Read moreAfrican Minerals took another leap forward today after claiming Eurasian Natural Resources Corporation (ENRC) and some big companies could bid for it or invest in the Sierra Leone-focused miner. The firm, whose shares have surged almost 3,500% in the past ten months from 11p to 389p, said it was in
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