Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBerkeley Mineral Resources Share News (BMR)

  • There is currently no data for BMR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Footsie jumps late on

Tue, 20th Dec 2011 16:32

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 higher following some positive housing data stateside which sent Wall Street indices surging over 2%.The Spanish Treasury issued over €5.6bn in 3 and 6 month bills in its last auction of 2011, more than was expected. Yields were well below the previous auction. Meanwhile, Germany's Ifo "business climate" index rose from 106.6 in November to 107.2 in December. The market expected a reading of around 106.1, or even less. While in domestic news, the Nationwide consumer confidence index for the UK rose to the 40 point level in November, from 36 the month before. The market consensus had been expecting a further drop to 34 points. In other news, in the late afternoon, UK Treasury Minister Danny Alexander announced that the government has reached a tentative deal on pension reform with most public sector unions, which should ease fears of further strike action. "I am pleased to report to the House that heads of agreement have now been established with most unions in the local government, health, civil service and teachers schemes," Alexander told parliament.AGGREKO EXTENDS GAINS, SVG CAPITAL ROCKETSTemporary power supplier Aggreko was leading the gains on the FTSE 100 on Tuesday, as investors continue to celebrate yesterday's news that full-year profits should come in slightly ahead of previous guidance. Private equity firm SVG Capital jumped over 20% after revealing that it return up to £170m to shareholders via share buy-backs and tender offers as part of a new investment strategy. On the downside, pharmaceuticals giant AstraZeneca and GlaxoSmithKline were the heavy fallers on the Footsie. AstraZeneca warned this morning that earnings will come in at the lower end of expectations after it took a $381.5m hit from failed drug tests. As a result of the impairments, the company's core earnings per share for the full-year are likely to come at the bottom end of forecasts. Meanwhile, Glaxo joined its peers in the red despite announcing that it is to return £242m to shareholders next year after the sale of its non-core Consumer Healthcare OTC brands in the US and Canada for £426m. Cruise operator Carnival was lower after income before tax slipped to $209m from $255m in the three months to end of November. Nevertheless, evenues rose from $3.5bn to $3.7bn while fourth quarter net revenue yields in constant dollars increased 1.5% compared to the prior year, in line with the September guidance of a rise of between 1.0% and 2.0% SMALL CAP MOVERS Shares in Indian investment firm Dhir rocketed over 140% after the company revealed it is considering a number of options to unlock the value in the company, including acceptance of a cash offer from company director Alok Dhir. Engineering consultant WSP rose 23% after announcing that it has signed a new credit facility as trading for the year ending 31 December 2011 continues in line with company forecasts. 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. Shares in Silvermere, an independent oil and gas company, dived 30% after the firm announced a delay in production plans for the I-1 Well on its Mustang Island asset located in Texas waters in the Gulf of Mexico. FTSE 100 - RisersAggreko (AGK) 1,970.00p +6.60%ITV (ITV) 64.15p +5.25%Kazakhmys (KAZ) 886.50p +4.17%Admiral Group (ADM) 833.00p +4.12%Meggitt (MGGT) 350.30p +3.85%Wolseley (WOS) 2,009.00p +3.82%Weir Group (WEIR) 1,991.00p +3.81%Tullow Oil (TLW) 1,347.00p +3.70%ARM Holdings (ARM) 576.00p +3.69%Man Group (EMG) 128.20p +3.55%FTSE 100 - FallersAstraZeneca (AZN) 2,905.00p -1.49%Essar Energy (ESSR) 178.00p -1.39%Associated British Foods (ABF) 1,093.00p -0.64%GlaxoSmithKline (GSK) 1,445.00p -0.34%Carnival (CCL) 2,130.00p -0.28%British American Tobacco (BATS) 2,964.50p -0.27%Reckitt Benckiser Group (RB.) 3,176.00p -0.25%Diageo (DGE) 1,351.50p -0.18%SSE (SSE) 1,243.00p -0.16%Vodafone Group (VOD) 174.30p -0.11%FTSE 250 - RisersSVG Capital (SVI) 200.00p +21.14%International Personal Finance (IPF) 167.30p +6.90%New World Resources A Shares (NWR) 437.50p +6.86%SDL (SDL) 650.00p +4.84%Balfour Beatty (BBY) 260.30p +4.75%Moneysupermarket.com Group (MONY) 101.80p +4.68%Talvivaara Mining Company (TALV) 208.00p +4.52%UBM (UBM) 467.50p +4.35%Cable & Wireless Worldwide (CW.) 16.40p +4.19%Wood Group (John) (WG.) 646.00p +4.11%FTSE 250 - FallersCarpetright (CPR) 459.10p -9.36%JD Sports Fashion (JD.) 606.00p -6.19%Genus (GNS) 1,015.00p -3.79%Anglo Pacific Group (APF) 250.00p -3.29%Ocado Group (OCDO) 57.40p -3.04%Kenmare Resources (KMR) 39.02p -3.01%Drax Group (DRX) 523.00p -2.43%Cable & Wireless Communications (CWC) 37.55p -1.88%Telecom Plus (TEP) 758.50p -1.88%KCOM Group (KCOM) 65.75p -1.87%
More News
23 Jul 2018 13:09

Galileo Resources To Shortly Commence Drilling At Star Zinc Project

LONDON (Alliance News) - Galileo Resources PLC said Monday that it will "shortly" commence drilling at its Star Zinc Project in Zambia, after receiving positive results from an company a

Read more
11 Jun 2018 18:38

BMR Raises GBP416,000 Via Jubilee Metals Share Placing To Creditors (ALLISS)

LONDON (Alliance News) - BMR Group PLC on Monday said it raised GBP416,000 through share placing in Jubilee Metals Group PLC.The mining company holds 63.2 million shares in Jubilee Metals.

Read more
29 Mar 2018 13:48

BMR Group Loss Narrows As It Seeks To Reclaim Kabwe Licence

LONDON (Alliance News) - Lead and zinc miner BMR Group PLC on Thursday posted a slightly narrowed loss for its first half as it continues to try to get back the licence for to

Read more
20 Jan 2017 08:56

BMR Receives Encouraging Results For Vanadium Potential At Kabwe Mine

Read more
29 Dec 2016 09:20

BMR Group Eyes Expansion Opportunities As Loss Narrows In Year

Read more
5 Dec 2016 09:31

Metal Tiger Names New CEO And Chairman As Paul Johnson Rejoins Board

Read more
28 Nov 2016 12:05

Metal Tiger turns down offer from BMR

(ShareCast News) - Metal Tiger, an AIM listed natural resources focused investing company, announced that it had received an indicative offer from Berkeley Mineral Resources (BMR) Group. BMR, a mining company that processes Lead and Zinc at Kabwe Mine in Zambia, has offered 0.231 of its shares for e

Read more
28 Nov 2016 10:35

WINNERS & LOSERS SUMMARY: Fear Of Italian 'No' Vote Weighs On Banks

Read more
14 Nov 2016 09:07

BMR invests in metal exploration property in Portugal

(ShareCast News) - Miner BMR Group has acquired 80% of a metals exploration concession over a property in Northern Portugal. The property contains tungsten, tin, gold and silver among other minerals. The option was granted by Mineralia-Minas, Geotecnia E Construcoes, a private Portuguese geological

Read more
23 Sep 2016 11:07

BMR Group secures funding for Kabwe development

(ShareCast News) - BMR Group confirmed on Friday that it and its wholly owned subsidiary Enviro Mining Limited have entered into the anticipated project construction and trade finance facility for up to $5.2m, with private South African group African Compass International. The AIM-traded firm said t

Read more
8 Aug 2016 09:47

WINNERS & LOSERS SUMMARY: Melrose Gains As Nortek Deal Moves Ahead

Read more
8 Aug 2016 09:22

BMR Group signs off-take agreement with African Compass International

(ShareCast News) - BMR Group has signed an off-take and purchase agreement with African Compass International (ACI) to provide funding for the construction of the Kabwe mine in Zambia. The agreement provides for the off-take by ACI over a minimum five-year period, beginning within six months of comm

Read more
1 Aug 2016 12:05

BMR set to agree larger facility for Kabwe plant

(ShareCast News) - Zambia-focused mineral processing business BMR Group said it expects to agree a $3.5m loan facility alongside a sale-and-purchase deal with a private South African firm later this week. The facility, which at the end of June was only expected to be $2m, is to enable constructio

Read more
30 Jun 2016 10:41

BMR Reports Progress On Kabwe Facility In Zambia Amid Offtake Talks

Read more
16 Jun 2016 17:08

Broker tips: Charles Stanley, Playtech, Berkeley Group

(ShareCast News) - Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its ta

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.