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Sector movers: Polymetal, BHP and Rio lead miners higher

Mining stocks were making gains on Tuesday with blue-chip players Polymetal, BHP Billiton and Rio Tinto providing a lift to the sector. Precious metals producer Polymetal rose after entering into a definitive agreement with AIM-listed Ovoca Gold to acquire the Russian legal entity Olymp, which hold

11 Dec 12 15:34

Berkeley Minerals appoints Ascot to assist in progressing Kabwe

AIM-listed metals processing company Berkeley Mineral Resources (BMR) has chosen Ascot Group further to the Memorandum of Understanding (MoU) signed on June 15th with Chinese metal refiner Yunnan Xiangyun Feilong Nonferrous Metal Company. Under the terms of the agreement Ascot will oversee and man

11 Dec 12 08:54

Berkely Mineral Resources begins copper production programme

Berkely Mineral Resources, an AIM-listed metals processing company, has started a pilot programme to produce copper cathode from tailings stockpiles situated at the former Bwana Mkubwa mine, on the Copperbelt Province in Northern Zambia. Berkely has become interested in a 75% shareholding in Ndola

24 Oct 12 08:56

Resources round-up: Berkeley, Providence, African Consolidated Resources

Berkeley Mineral Resources, which earlier this year signed a memorandum of understanding with Yunnan Xiangyun Feilong Nonferrous Metal Company, has said that the initial series of tests by Feilong on Berkleley's samples of mine tailings it owns in Kabwe, Zambia, have concluded that the material is p

13 Sep 12 13:12

Small caps round-up: AEA Tech, Expansys, HgCapital ...

Trading since April 1st at AEA Technology Group has remained challenging, as expected, but the energy and sustainability consultancy stressed that good progress is being made in the implementation of the business plan. Discussion over the firm's strategic options to realise its value are on-going wi

17 Aug 12 13:37

Resources round-up: Berkeley Mining, Victoria Oil and Gas, EMED Mining

Berkeley Mining Resources dropped 8% after it failed to complete due diligence on two copper tailing clusters at Chingola in Zambia. The company recently signed an agreement on one site in the area and investors had hoped a deal on the other two would be forthcoming. Berkeley said it continued to n

9 Jul 12 09:15

Resource round-up: Edenville, Condor Gold, African Eagle

Edenville Energy, the African coal exploration and development company, reported promising tests at its Namwele mine in Tanzania. The firm said initial drilling and sampling confirmed the presence of coal bearing strata extending out along strike from previous workings and occurring at depth. The fi

3 Jul 12 09:58

Sector movers: Dollar weakness lifts metal processors

With the dollar declining and making metals cheaper, it was a good day for the Industrial Metals and Mining Sector. Berkeley Mineral Resources (BMR) missed out, however, after signing an agreement with Chinese metals processor Yunnan Xiangyun Feilong Non-ferrous Metal. The two are planning to form

15 Jun 12 16:38

Resources round-up: Berkeley Mineral, Shaft Sinkers, Empyrean

Berkeley Mineral Resources, the metals processing company, has signed a memorandum of understanding (MoU) with Yunnan Xiangyun Feilong Non-ferrous Metal, a refiner of zinc, lead and associated metals in the People's Republic of China. The MoU covers a period of six months, during which exclusivity

15 Jun 12 14:45

Resources round-up: Vialogy, Sefton, Berkeley Mineral ...

ViaLogy, a service provider to global oil and gas exploration and production companies, hit a 52-week high after it announced an unnamed major oil and gas company had deployed the AIM-listed tiddler's patented QuantumRD processing technology. Not only is the identity of the customer secret, so is th

2 May 12 11:59

Resource Round-up: ViaLogy, Berkeley Mineral Resources, Nostra Terra

Shares in oil exploration technology firm ViaLogy leapt in early trading on Monday after the firm said one of the early adopters of its technology, Atascosa Exploration had successfully drilled another oil well in Texas using analysis provided by ViaLogy products. The latest success is the third com

16 Apr 12 08:48

Sector movers: Metals/mining stocks tumble after FOMC statement

The industrial metals and mining stocks were the worst performers of the day on Wednesday as commodity prices took a tumble on the back of comments from the US central bank. Last night's minutes from the latest meeting of the Federal Open Market Committee showed that members had become less incline

4 Apr 12 15:55

Cut price Tesco shares flying off the shelf

Ken Hydon, a non-executive director of Tesco, the UK's largest supermarket chain, has filled his trolley with £96,000-worth of shares, just a week after the retail giant issued a warning which said trading profit would be flat for the 2012-13 financial year. Hydon, who is chairman of the firm's au

20 Jan 12 11:54

London close: Footsie jumps late on

A successful Spanish bond auction and some uplifting confidence data helped lift sentiment and boost the Footsie to its highest level of the day by the close. After trading within a narrow range for the majority of the day, the blue chip index rocketed in afternoon trading, tracking US markets highe

20 Dec 11 16:32

London midday: Banks and pharmas drag Footsie lower

London's blue chip index was slightly down at midday, despite a temporary stint in the blue, with heavyweight banking and pharmaceuticals stocks providing a drag. The Footsie nevertheless has been trading within a narrow range, with just 33 points separating the intraday low and high. The European

20 Dec 11 11:54

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