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3 Mar 2014 08:21

Monday broker round-up UPDATE

African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame

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18 Feb 2014 07:46

Tuesday broker round-up UPDATE

Aeorema Communications: Cantor Fitzgerald initiates with a target price of 90p and a buy recommendation. Aquarius Platinum: Investec shifts target price from 36p to 41p upgrading from sell to hold. Barclays: Jefferies shaves target price from 364p to 360p and keeps a buy recommendation. Brammer:

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7 Feb 2014 12:22

Broker tips: Shire, Tate & Lyle, Aquarius Platinum, Acal

Jefferies has kept its 'buy' rating for pharmaceuticals group Shire saying that it still sees 'attractive growth', but was disappointed by the outcome of clinical trials for the company's major depressive disorder (MDD) treatment, Vyvanse. "We were more optimistic for expanded use of Vyvanse in maj

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7 Feb 2014 11:41

UPDATE 1-Aquarius Platinum's loss more than halves as output rises

By Esha Vaish Feb 7 (Reuters) - Aquarius Platinum Ltd, the world's fourth-biggest platinum miner, reported a lower half-year loss as a rise in output from its Kroondal mine in South Africa lessened the impact of a drop in prices of platinum group metals (PGMs). Aquarius, which operate

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7 Feb 2014 11:14

Broker snap: Investec reiterates thumbs down for Aquarius Platinum

Investec concedes miner Aquarius Platinum's first-half numbers on Friday "undoubtedly" represent operational improvement; but with the group up against several heavy headwinds, not least a challenging platinum pricing environment, the broker continues to recommend selling the stock. The miner mana

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7 Feb 2014 10:16

Aquarius Platinum Production Increase Offset By Lower Metal Prices

LONDON (Alliance News) - Aquarius Platinum Ltd Friday reported higher operating profits and a narrower net loss as it cut costs and improved the operational efficiency of its mines, but its revenues declined as hit by lower platinum group metal prices and the weakening of the rand offset increase

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7 Feb 2014 09:01

Aquarius Platinum narrows losses despite tough trading environment

Miner Aquarius Platinum hailed a "credible" first-half performance, with losses narrowed despite it being buffeted by a number of number of tough headwinds including lower metal prices and a tough industrial relations environment for its core South Africa operations. The company managed to slash fi

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7 Feb 2014 08:38

Aquarius Platinum first-half loss narrows as production increases

Feb 7 (Reuters) - Aquarius Platinum Ltd, the world's fourth-biggest platinum miner, reported a lower half-year loss as a rise in output from its Kroondal mine in South Africa lessened the impact of a drop in prices of platinum group metals (PGMs). Aquarius, which operates mainly in the stri

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30 Jan 2014 11:00

Aquarius Platinum To Dispose Of Two Non-core Assets

LONDON (Alliance News) - Aquarius Platinum Limited said Thursday that it has agreed to dispose of two non-core assets that do not form part of the Group's planned production profile. Aquarius said it has agreed terms to dispose of 100% of the shares held in its indirect subsidiary, C&L Mini

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30 Jan 2014 09:06

Thursday broker round-up UPDATE

Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan

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28 Jan 2014 16:43

STOCKS NEWS EUROPE-UK small caps close 0.6 percent higher

The FTSE small cap index gain 0.6 percent and junior-listed AIM shares close 1 percent higher, outperforming a 0.3 percent rise on the blue chips. Filtronic drops 12.4 percent to 52.51 pence after the telecom group announces results below market expectations, hit by a weak performance from

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28 Jan 2014 11:22

Aquarius Platinum Sees Production Increase, Prices Fall

LONDON (Alliance News) - Aquarius Platinum Ltd Tuesday said its production increased and cash costs decreased in its second quarter, but it achieved lower prices and was affected by a weakening rand during the period. The company, which is the fourth-largest platinum producer in the world a

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28 Jan 2014 08:15

UK MORNING BRIEFING: Shares Open Higher; F&C Agrees Takeover Deal

LONDON (Alliance News) - Shares have opened higher Tuesday ahead of UK GDP figures at 0930 GMT.

A day after confirming an approach by Bank of Montreal, F&C Asset Management said Tuesday it has agreed to be taken over by the Canadian bank in a GBP708 million deal

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28 Jan 2014 08:00

Aquarius Platinum's output rises amid regulatory uncertainty, higher costs

Jan 28 (Reuters) - Aquarius Platinum Ltd, the world's fourth-largest platinum miner, reported a 7 percent rise in second-quarter output attributable to the company, despite higher cash costs at its key Kroondal mine in South Africa and a continued dip in platinum prices. The miner, which op

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19 Jan 2014 21:11

RPT-Zimbabwe says platinum mines submit plans for refinery by end-2016

HARARE, Jan 19 (Reuters) - Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, state media reported on Sunday. President Robert Mugabe's ZANU-PF government gave platinum mines until Jan. 18 t

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