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Small caps round-up: Aurum, Berkeley Minerals, CSS Stellar ...

Wed, 31st Mar 2010 13:16

Aurum Mining has reached commercial agreement with Kentor Gold for the acquisition of its remaining 10% interest in the Andash asset for a consideration of US$2.2m, to be paid in three instalments by 30 July 2010.Berkeley Minerals posted a loss of £232,000 for the six months ended December, compared with a loss of £255,000 for the same period in the prior year. "We are anticipating the next transformational stage of development at our tailings processing business at Kabwe," it said, adding " The outlook for the Company is now very positive; we have acquired the rights to dumps containing significant amounts of metal, are expecting to acquire more and we expect to commence full scale production."Sports marketing group CSS Stellar's revenue from continuing operations for the fell 61% to £1.4m in 2009 as it change sales recognition from gross to a net fixed fee. Group operating loss, prior to impairment of goodwill of £0.3m, was £0.2m. There was pre-tax loss of £549,000 against £2.2m.Immunodiagnostic Systems Holdings, the producer of diagnostic testing kits for the clinical and research markets, has launched three fully automated immunoassays for use on the IDS-iSYS Immunoanalyser, bring its product line for the IDS-iSYS product up to six.Marketing services group Motivcom is seeing increased client activity in 2010 and it is continuing to win new business and renew client contracts, sometimes at much enhanced levels. Revenue in 2009 took a bit of a dip, however, easing to £102.39m from £110.49m the year before. Statutory profit before tax surged to £3.06m from £2.09m, while the underlying profit before tax figure climbed to £3.50m from £2.87m. The full year dividend has been upped to 2.5p from 2.3p in 2008.Neuropharm Group, the speciality pharmaceutical company that is contemplating a return of cash to shareholders through a Members' Voluntary Liquidation, said that that although it remains in talks with a number of companies to sell one or more assets from its development pipeline, none of those companies is currently contemplating making an offer for the company.Oil and gas firm President Petroleum had good news for its shareholders from the company's drilling programme at the East White Lake field in Louisiana, USA.The estimated reserves from the A-52 well, in which the company has a net revenue interest of 21.88%, have been raised by 80% to around 100,000 barrels of oil equivalent per day. This upgrade increases total net proved reserves at East White Lake by 9%.
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10 Nov 2009 10:39

Small caps round-up: Berkeley Minerals, Chromex, Empyrean...

Berkeley Minerals, which reprocesses tailings at Kabwe in Zambia, has raised a total of £170,000 through a placing of 17m new ordinary shares at a price of 1p per share. In addition, Wills & Co will be issued 943,396 shares at the mid market share price of 2.12p on 9th November 2009 in lieu of £20,

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14 Oct 2009 17:11

Michael Page's Dumon sells more shares

Charles-Henri Dumon, managing director for continental Europe and the Americas at the recruitment giant Michael Page, has offloaded a big chunk of his stake in the firm. He sold 60,000 shares at 371p a time and now has a personal holding of about 1.23m. Dumon may be wishing he had waited a while

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13 Oct 2009 13:33

Sector movers: Mining updates lift sector

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

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13 Oct 2009 08:04

Small caps round-up: Cyril Sweett, Kewill, Gulf Keystone...

Construction and property consultancy firm Cyril Sweett said overall trading for the half year is expected to be in line with expectations but added that there will be a number of one-off costs. Logistics software specialist Kewill expects to report results for the six months ended 30 September in

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