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Jan 29 (Reuters) - Miner Aquarius Platinum said quarterly production rose 10 percent, but the company added that cash generation for the precious platinum remained "constrained" at current spot prices. The world's fourth largest platinum producer said output rose to 78,987 ounces in the s
Read moreJan 29 (Reuters) - Miner Aquarius Platinum said quarterly production rose 10 percent, but the company added that cash generation for the precious platinum remained "constrained" at current spot prices. The world's fourth largest platinum producer said output rose to 78,987 ounces in the s
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African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreShares in speciality chemicals group Johnson Matthey raced ahead on Tuesday morning following the announcement by Amplats that it is to restructure its assets and embark on a cost-cutting programme. Johnson Matthey, the world leader in platinum distribution and the sole marketing agent for Anglo Am
Read more(Repeats story published late Thursday; no changes to text) By Ed Stoddard and Clara Ferreira-Marques RUSTENBURG, South Africa/LONDON, Jan 10 (Reuters) - Miner Evans Ramokga has a warning for Anglo American as the mining group prepares to unveil a revival plan for its South African platinum busine
Read moreBy Ed Stoddard and Clara Ferreira-Marques RUSTENBURG, South Africa/LONDON, Jan 10 (Reuters) - Miner Evans Ramokga has a warning for Anglo American as the mining group prepares to unveil a revival plan for its South African platinum business: don't close any shafts. "If one shaft closes, we stop al
Read moreAnglo American: Deutsche Bank reduces target price from 2270p to 2230p and maintains its buy recommendation. Aquarius Platinum: Deutsche Bank ups target price from 73p to 76p, while the buy rating remains unchanged. ARM Holdings: Credit Suisse raises target price from 645p to 780p and reiterates a
Read moreAfrican Minerals: Deutsche Bank cuts target price from 610p to 600p, while its buy recommendation remains unchanged. Aggreko: Morgan Stanley reduces target price from 2230p to 1670p and keeps an equal-weight rating. Anglo American: Deutsche Bank moves target price from 2520p to 2268p, while the bu
Read moreAquarius Platinum: Nomura raises target price from 35p to 95p and upgrades from neutral to buy. Associated British Foods; Societe Generale upgrades to buy from hold. Atkins: Jefferies reduces target price from 850p to 800p, buy recommendation reiterated. Aveva: Panmure Gordon reduces target price
Read moreLosses were sharply reduced in the first quarter of Aquarius Platinum's financial year, despite the company taking a one-off hit relating to the mothballing of two of its mines. Revenue in the three months to the end of September tumbled to $87.4m from $144.6m in the corresponding quarter of 2011.
Read moreAfrican Barrick Gold: Nomura cuts target from 605p to 525p, buy rating kept. Aggreko: Seymour Pierce keeps buy rating and 2,500p target. Aquarius Platinum: Seymour Pierce keeps reduce rating and 34p target. ARM Holdings: Jefferies raises target from 485p to 693p, hold rating kept. ASOS: HSBC hik
Read moreAnalysts at Credit Suisse have today slashed their price targets for many companies in the Metals&Mining sector. In particular, their global commodities team has adjusted its commodity price forecasts, with the largest cuts having been made to iron ore and coking coal, along with minor changes elsew
Read moreSeymour Pierce has reiterated its 'hold' rating and 1,200p target price for luxury brand Burberry ahead of the group's pre-close trading update for the second quarter on Thursday. "While other luxury players have also spoken about a slowdown, there is concern from some quarters that there is a bra
Read morePanmure Gordon has retained its 'buy' rating and 163p target price for FTSE 250 mining group Aquarius Platinum (AQP), but says that Monday's change in leadership presents a 'further challenge for the company already facing difficult market conditions'. The company has announced that Stuart Murray h
Read moreAMEC: Investec keeps buy rating and 1,300p target. Aquarius Platinum: Panmure Gordon keeps buy rating and 163p target. BAE Systems: Societe Generale upgrades to hold, target lifted from 300p to 350p. British American Tobacco: Nomua raises target from 3,500p to 3,506p, buy rating kept. BSkyB: Nom
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