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Stuart Murray, the long-running Chief Executive Officer (CEO) of Aquarius Platinum (AQP), resigned from the board on Friday, the company has announced. Murray, who is also the Chairman of principal subsidiary Aquarius Platinum South Africa (AQPSA), has terminated his directorships in all other grou
Read moreImperial Leather soap maker PZ Cussons was wanted after a well-received trading update. The group said it is confident of a return to profitable growth this financial year, though conditions remain difficult in its core market of Nigeria and challenging elsewhere. Striking workers at Lonmin's Mari
Read moreGlobal platinum powerhouse Lonmin was up despite revealing that the strikes at its mines in South Africa have reduced full year production expectations and increased unit costs as violence continues. On the other hand, the most recent reports indicate that at least some of its workers are now ready
Read moreChina is weighing on UK investors' minds as speculation mounts that the Chinese authorities might not spring into action to juice up the world's second largest economy as quickly as previously thought. Adding weight to that view is the decision by economists at Citigroup to cut their forecast for
Read moreMining operations have, as expected, resumed at Aquarius Platinum's Kroondal platinum mine, located near Rustenburg in South Africa, where tensions have been running high as a result of violent labour disputes. Aquarius temporarily suspended mining operations on the afternoon of Friday, 14th Septem
Read more- Footsie closes at highest level since mid-March - Markets celebrate QE3 announcement - Mining stocks surge as demand outlook improves Massive gains in the mining sector lifted the FTSE 100 to a six-month high on Friday as markets reacted to the Federal Reserve announcement of further economic sti
Read moreMining stocks were putting in an impressive performance as metals prices gained on a weaker dollar after the Fed announcement, with investors hopeful that an improved US economy will boost the demand for commodities. Aquarius Platinum, Ferrexpo, Talvivaara, Lonmin and Centamin were all firmly higher
Read morePlatinum miner Aquarius Platinum has temporarily suspended operations at its Kroondal platinum mine in South Africa to ensure the safety of its staff, as tensions rise in the region. "Our decision to suspend mining operations has been taken to ensure the safety and security of our employees and our
Read more- Footsie at six-month high after Fed decision - Mining stocks rocket on stimulus plans - Markets' upside momentum to remain in the weeks ahead, says analyst London's stock market continued to extend gains on Friday morning after last night's announcement of more stimulus in the US, pushed the FTSE
Read more- Stocks soar after last night's QE3 announcement - Fed to buy mortgage debt, maintain Operation Twist - Miners, banks surge early on Stock markets across Europe surged in early trading on Friday following last night's stimulus announcement from the Federal Reserve; increased risk appetite was ben
Read moreSouth Africa-focused platinum miner Lonmin rose strongly on Thursday on reports that it has reached a 'peace accord' with its striking miners following a wave of protests over the last few weeks. ?? The mining sector as a whole was firmly higher today on hopes over the global economy after the Euro
Read moreCity sources predict the FTSE 100 will open down 37 points from yesterday's close of 5,858, tracking losses in Asia and the US as investors focus on technical factors amid a general lack of direction. To be had in account nonetheless, US PC maker Dell fell 5% in after-hours trading following the r
Read moreTimothy Mitchell, the Group Underwriting and Claims Director of RSA Insurance Group, has sold 77,500 shares a few weeks after the firm posted a significant decline in profits. Mitchell traded in the shares for 113.48p each, earning himself a total of £87,947. At the beginning of the month the fi
Read moreAMEC: Shore Capital downgrades to hold. Anglo American: Nomura cuts target from 2,500p to 2,200p, neutral rating kept. Aquarius Platinum: Nomura initiates with neutral rating and 35p target. BBA Aviation: Jefferies cuts target from 250p to 230p, buy rating kept. BTG: finnCap downgrades to sell.
Read moreAfter an early fall, London's benchmark index rallied in afternoon trade to finish a few points higher, extending gains from the previous three sessions. The last time the FTSE 100 finished higher was on April 2nd when it hit 5,875. "Stocks and other risky assets have traded higher since Friday. C
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