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Pin to quick picksBerkeley Mineral Resources Share News (BMR)

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Sector movers: Dollar weakness lifts metal processors

Fri, 15th Jun 2012 16:38

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 a joint venture to exploit BMR's Kabwe mine in Zambia.SSE led the Electricity sector lower as investors baled on the stock following the announcement of SSE's acquisition of Irish electricity firm Endesa Ireland.The company is paying €320m - around £256m - plus an estimated €43m (£34m) for working capital. SSE will take over four power plants as well as another that is under construction. Once the deal is done the firm faces a £100m bill to build a combined cycle gas turbine that is already being built at the Great Island power station in County Wexford.Top performing sectors so far todayIndustrial Metals & Mining 2,851.76 +6.22%Oil Equipment, Services & Distribution 22,393.83 +2.48%Construction & Materials 3,226.71 +2.11%Forestry & Paper 5,741.13 +1.81%Banks 3,674.85 +1.72%Bottom performing sectors so far todayElectricity 8,645.17 -1.33%Gas, Water & Multiutilities 5,009.29 -1.33%Food Producers & Processors 5,493.02 -1.06%Food & Drug Retailers 3,785.54 -0.87%Technology Hardware & Equipment 661.11 -0.77%JH
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1 Jun 2016 08:44

BMR Begins Kabwe Pilot Plant Construction Following Letter Of Intent

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17 May 2016 08:36

BMR Group Says Environmental Brief For Kabwe WKS Sales Submitted

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6 May 2016 09:28

WINNERS & LOSERS SUMMARY: Interserve Shares Demolished By Warning

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6 May 2016 07:24

BMR Mining Rises On Environmental Approval For Kabwe Project In Zambia

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22 Apr 2016 09:48

WINNERS & LOSERS SUMMARY: Saga Rises As Private Equity Overhang Lifted

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22 Apr 2016 07:05

BMR Group Raises Funds For Kabwe Tailings Operations (ALLISS)

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24 Mar 2016 08:35

BMR Group To Build Kabwe Pilot Plant In 2016, Still Needs Approval

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24 Feb 2016 09:08

BMR Group Shares Rise As Kabwe Public Hearing Date Confirmed

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18 Feb 2016 17:10

DIRECTOR DEALINGS SUMMARY: BMR Chair And CEO Take Part In Open Offer

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18 Feb 2016 15:37

BMR Group raises more than half funding target

(ShareCast News) - BMR Group revealed the success of its open offer on Thursday, bringing in a little over half of the company's £750,000 target to fund the completion of its pilot plant and construction of its main lead and zinc tailings plant at the Kabwe mine in Zambia. The AIM-traded firm made g

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18 Feb 2016 08:45

BMR Group Raises 55% Of Target In Open Offer Of Shares (ALLISS)

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15 Jan 2016 08:31

BMR Mining To Raise GBP750,000 From Shareholders In Open Offer (ALLISS)

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18 Dec 2015 11:42

BMR Mining Files Final Report For Kabwe Project In Zambia

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17 Dec 2015 12:01

BMR Mining To Launch Open Offer In Early 2016 To Fund Kabwe Plans (ALLISS)

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9 Nov 2015 09:51

BMR Mining Moves Head Office To Cut GBP185,000 Worth Of Monthly Costs

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