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ENRCFri, 20th Sep 2013 16:39
LONDON, July 19 (Reuters) - Kazakh miner ENRC said on Friday it had filed a legal claim against former board member Paul Judge and is seeking unspecified damages, accusing him of leaking confidential information to the media. London-listed ENRC - in the throes of a buyout by a trio of co-fo
Read moreLONDON, July 19 (Reuters) - Kazakh miner ENRC said on Friday it had filed a legal claim against former board member Paul Judge and is seeking unspecified damages, accusing him of leaking confidential information to the media. "We have conducted thorough investigations into the malicious lea
Read moreStrong gains in the mining sector weren't enough to lift the FTSE 100 on Tuesday as a number of upcoming 'risk events' prompted investors to pause for breath following a decent performance over recent weeks. The FTSE 100 finished down 30 points at 6,556, a fall of 0.45% on the day. London's benchma
Read moreMining stocks were the best performers on Tuesday afternoon, as metals prices rose on the back of a weaker dollar. Precious metal producers Fresnillo, Randgold and Polymetal were among the highest risers on the FTSE 350 as gold and silver futures advanced. Diversified mining group Rio Tinto was a
Read moreThe UK stock market was flat on Tuesday morning, pausing for breath after hitting highs not seen in seven weeks, as investors reacted to a barrage of mixed economic data. The UK annual consumer price index (CPI) hit a 14-month high of 2.9% in June, up from 2.7% in May. While this came in slightly b
Read moreThe FTSE 100 opened flat on Tuesday morning, holding on to a near a seven-week high, as investors paused for breath ahead a barrage of economic indicators due out during the session. London's benchmark index had closed at 6,586 on Monday, its highest closing level since May 30th when it reached 6,6
Read moreLONDON, July 8 (Reuters) - Kazakh miner Kazakhmys, the single largest shareholder in miner ENRC, said on Friday its independent shareholders would vote on whether to accept a buyout bid for ENRC on August 2. Kazakhmys in June gave its support to a $4.7 billion take-private deal for ENRC fro
Read moreKINSHASA, July 11 (Reuters) - Democratic Republic of Congo has delayed until year-end a ban on exports of copper and cobalt concentrates designed to encourage miners to refine the red metal within its borders, a senior Mining Ministry official said on Thursday. Several emerging resource-ric
Read moreBy Chris Vellacott and Kylie MacLellan LONDON, July 11 (Reuters) - An investor group whose members manage assets equivalent to a quarter of the value of the UK economy has called for listing rules to be changed to better protect minority shareholders. The Association of British Insure
Read moreBy Chris Vellacott LONDON, July 11 (Reuters) - The Association of British Insurers (ABI) - whose members manage assets of nearly $3 trillion, or about a quarter of the British economy - wants rules for listing on the London Stock Exchange changed to protect minority shareholders. The
Read moreLONDON, July 3 (Reuters) - British lawmakers launched an inquiry into the mining and oil and gas industries on Wednesday, seeking to better understand their contribution to the economy and the impact of having scandal-prone companies listed in London. The wide-ranging investigation comes as
Read morePublic services outsourcing company Serco Group led the FTSE 100 race on Friday after saying it expects to report strong revenue growth in its full-year results. Schroders edged higher as the asset manager was upgraded by analysts at BNP Paribas to an 'outperform' rating in a research report on Fr
Read moreBAE Systems: Deutsche Bank increases target price from 375p to 400p, while downgrading to hold. Barclays: Bank of America moves target price from 430p to 410p, while its buy recommendation remains unaltered. Booker Group: Investec shifts target price from 140p to 141p and keeps its buy recommendat
Read moreNomura has maintained its positive stance on Asia-focused bank Standard Chartered after its second-quarter results on Wednesday, saying that the stock is looking attractive relative to Asian peers. A 'buy' rating has been maintained but Nomura has reduced its target price for the shares from 1,880p
Read moreUK markets were able to hang on to gains on Thursday morning on a busy day for economic data, as stocks continue to rebound after some heavy losses over the last month. After hitting a fresh five-month low of 6,029 on Monday, the FTSE 100 has risen strongly over the past two sessions with bargain h
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