28 Oct 2015 18:08
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Don't have an account? Click here to register.Sector movers: Mining updates lift sector
Tue, 13th Oct 2009 13:33
Mining stocks are currently one of the best performing sectors, helped by some well received updates and strong metals prices.Among the strong performers is copper specialist Kazakhmys which has sold a 25% stake in its Ekibastuz GRES -1 power plant for $339m (£215m) in cash and is in talks about a corporate loan facility worth $2bn (£1.3bn). Among smaller companies in the sector, Platinum Australia is shining after reporting good resource estimates at its Mira Deposit.And shares in Berkeley Mineral Resources jumped after the metals processor said it had concluded an agreement to acquire mining rights to process zinc and lead at two dumps at the Kabwe mine in Zambia. Lloyds is helping drag the banking sector lower amid continued fears over the cost of a rights issue which is expected this week.Top performing sectors so far todayAutomobiles & Parts 2,959.99 +2.18%General Industrials 2,137.41 +1.35%Mining 19,078.47 +1.28%Tobacco 23,870.67 +1.10%Forestry & Paper 3,751.66 +0.99%Bottom performing sectors so far todayInsurance (non-life) 1,346.42 -1.34%Banks 5,130.90 -1.28%Health Care Equipment & Services 3,033.25 -1.01%Household Goods 6,327.40 -0.99%Food & Drug Retailers 4,386.36 -0.91%
More News
13 Oct 2015 11:28
London midday: Equities fall as UK slips into deflation
(ShareCast News) - The UK equities market was under the cosh as the nation unexpectedly slipped into deflation in September. The Office for National Statistics revealed the consumer price index fell 0.1% year-on-year last month, compared to analysts' estimates for a flat reading in line with August.
Read more12 Oct 2015 09:41
BMR Mining shares surge on Zambia update
(ShareCast News) - Shares in BMR Mining surged 14% early on Monday after the company said it had submitted its draft environmental and social impact assessment for the Kabwe project to the Zambian Environmental Management Agency (ZEMA). The study, which is aimed at assessing the impact of the compan
Read more12 Oct 2015 08:45
5 Oct 2015 09:02
BMR Mining identifies new use for WKS assets in Zambia
(ShareCast News) - Zambia-focused mineral processing business BMR Mining said it has identified a potential market for its Waelz Kiln Slag (WKS) assets. The assets at Kabwe, Zambia, had been written down by 90% to £201,000 in the accounts for the year ended 30 June 2014 due to the product being brit
Read more22 Sep 2015 08:21
19 Aug 2015 10:26
BMR Mining gets green light for Zambia environmental impact assessment
(ShareCast News) - BMR Mining said Zambia has approved the terms of reference for an environment impact assessment of pilot plans to extract lead and zinc from tailings at its Kabwe mine. BMR said it expects to submit the draft full Environmental Impact Assessment (EIA) next month, with th
Read more25 Jun 2015 11:43
BMR Mining buoyed by metallurgical test results
BMR Mining's shares gained as it revealed that its metallurgical tests used to identify lead and zinc at its Zambian site have been successful. The tests, which use an acid and brine leaching process to recover the metals, came in positive for both the Wash Plant Tailings and Leach Plant Residue Tai
Read more