The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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

Sector movers: Metals/mining stocks tumble after FOMC statement

Wed, 04th Apr 2012 15:55

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 inclined to boost the economy through quantitative easing. The resulting effect was a stronger dollar - the dollar index, which measures the greenback against a basket of six other currencies, was up 0.59% - meaning that dollar-denominated commodities became more expensive.Evraz, Talvivaara and Berkeley Mineral Resources were heavy fallers in the metals and mining sector. FTSE 250 iron ore miner Ferrexpo also took a hit after announcing that its bid to move a long-running shareholder dispute from Ukrainian courts to the UK has been denied. It is thought that the Ukrainian courts are not neutral grounds. In contrast, the industrial transportation sector was making gains, albeit only slightly. Clarkson, Stobart and James Fisher were the only sector constituents in the blue but they have enough clout to boost the sector average into positive territory.Top performing sectors so far todayIndustrial Transportation 2,529.38 +0.08%Bottom performing sectors so far todayIndustrial Metals & Mining 3,901.14 -5.59%Automobiles & Parts 4,655.09 -4.51%General Retailers 1,773.36 -3.55%Industrial Engineering 7,547.10 -3.43%Software & Computer Services 804.45 -3.13%BC
More News
1 Jun 2016 08:44

BMR Begins Kabwe Pilot Plant Construction Following Letter Of Intent

Read more
17 May 2016 08:36

BMR Group Says Environmental Brief For Kabwe WKS Sales Submitted

Read more
6 May 2016 09:28

WINNERS & LOSERS SUMMARY: Interserve Shares Demolished By Warning

Read more
6 May 2016 07:24

BMR Mining Rises On Environmental Approval For Kabwe Project In Zambia

Read more
22 Apr 2016 09:48

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

Read more
22 Apr 2016 07:05

BMR Group Raises Funds For Kabwe Tailings Operations (ALLISS)

Read more
24 Mar 2016 08:35

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

Read more
24 Feb 2016 09:08

BMR Group Shares Rise As Kabwe Public Hearing Date Confirmed

Read more
18 Feb 2016 17:10

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

Read more
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

Read more
18 Feb 2016 08:45

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

Read more
15 Jan 2016 08:31

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

Read more
18 Dec 2015 11:42

BMR Mining Files Final Report For Kabwe Project In Zambia

Read more
17 Dec 2015 12:01

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

Read more
9 Nov 2015 09:51

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

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.