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Berkeley Mineral Resources soars on copper option

Berkeley Mineral Resources, the Zambia-focused minerals company, has seen its share price shoot up 8% this morning after announcing it has bought an option on stockpiles of copper tailings located in the Chingola area in the north of the country. Tailings are the residue of mining activity which of

20 Dec 11 08:47

Berkeley Mineral to cash in on zinc and lead dump

Berkeley Mineral Resources (BMR), the firm which owns the disused Kabwe mine in Zambia, says it is in discussions to sell on one of the huge residue dumps that it currently owns. In the mining industry, residue material is known as "tailings". Kabwe mine has three major dumps of tailings and they a

25 Nov 11 08:04

Berkeley Mineral Resources sees more value at Kabwe mine

Berkeley Mineral Resources, the company which aims to extract zinc and lead from residue dumps at the disused Kabwe mine in Zambia has begun re-drilling slag stockpiles. This phase of drilling is being carried out with the "percussion drills" necessary to provide samples that can be assessed by sci

23 Nov 11 09:18

Glencore non-exec buys first shares

Non-executive director Peter Coates has opened his account in Glencore, spending £320,000 on shares in the Swiss commodity trading house. He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today. Coates is the chairman of Austral

30 Aug 11 17:19

Dragon's Den's Peter Jones puts up the money

Dragon's Den entrepreneur and business tycoon Peter Jones has used some of the proceeds of his sale of one of his telecoms businesses, Wireless Logic, to buy more shares in the online consumer electronics business eXpansys He bought 35,634,200 shares at 2.42p. Jones, the non-executive deputy cha

15 Aug 11 13:17

Berkeley will go ahead with share placement and one acquisition

Miner and metals processor Berkeley Mineral Resources has today announced that its due diligence on BMR's proposed purchase of all the remaining stockpiles of tailings, not presently owned by it at the Kabwe mine, in Zambia, has been completed satisfactorily. The acquisition is now expected to go

10 Jun 11 11:57

BMR may issue discounted shares to fund bid

Miner and metals processor Berkeley Mineral Resources got a bit of a bashing on Wednesday as it proposed to place 145m new shares at 4p each, well below the prevailing mid-market price. In addition to the new placing shares the company will issue one warrant for every two placing shares subscribed

11 May 11 16:36

Diageo finance boss tops up

Diageo's finance boss Deirdre Mahlan has added to her stake in the Guinness brewer and spirits supplier, buying nearly £150,000 of shares. The American took 3,021 American Depositary Shares (ADS) in the company. An ADS, which is equivalent to four ordinary shares, is a dollar denominated share of

7 Apr 11 15:45

Berkeley Mineral 'positive' despite bigger loss

Losses increased at Berkeley Mineral Resources during the first half, but production at Kabwe in Zambia should start during the second half and the outlook is "very positive". The company lost £863,632 in the six months ended 31 December 2010, up from £232,468 the year before, although the latest n

31 Mar 11 10:46

Berkeley Mineral completes Zambia purchase

The delayed acquisition of a zinc asset in Zambia by Berkeley Mineral Resources (BMR) has finally gone through. The UK mining tailings processor saw its share price slump back in December when it announced a delay in its acquisition of the remaining stockpiles of lead and zinc tailings at the Kabwe

28 Mar 11 15:40

Small caps round-up: Berkeley Mineral, Goldplat

A delay in its acquisition of a zinc asset in Zambia has sent shares in miner and metals processor Berkeley Mineral Resources sharply lower. Completion of the acquisition of the Kabwe tailings dump, where materials left over from previous mining operations are processed, is now expected to take pl

13 Dec 10 11:10

Berkeley Mineral has funding for Kabwe acquisition

Mining and processing company Berekeley Mineral is on the look-out for more things to buy once it has completed the acquisition of the remaining tailings at Kabwe, Zambia. The company acquired an option to secure the rights to process the remaining stockpiles of lead and zinc at Kabwe Mine, Zambia

26 Nov 10 08:01

Small caps round-up: Infrastrata, Nexus, Western & Oriental

Gas storage group Infrastrata says it can get a project in Dorset moving forward after completing legal agreements with its partner eCORP. eCORP has acquired 50% of the project company, Portland Gas, in return for funding the next £22.9m for investment in the project, to match the amount Infrastra

4 Oct 10 12:57

Berkeley Mineral Metallurgical, Mineral Plan On Time, Budget

LONDON (Dow Jones)--Berkeley Minerals Resources PLC (BMR.LN), a company primarily engaged in processing mining tailings, said Tuesday that the mineral and metallurgical due diligence program is proceeding to time and to budget. MAIN FACTS: -South African drilling company Dump and Dune were c

27 Jul 10 07:44

Small caps round-up: Healthcare Enterprise, Dragon Oil, Phoenix IT

Shares in Healthcare Enterprise jumped after the healthcare group reported that one of the companies in which it has shares has been given formal approval to sell an artificial insemination device in the US. Reproductive Sciences, which is 27% owned by Healthcare Enterprise, said the US Food and Dr

7 Apr 10 11:49

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