FDI.L Share News (FDI)

Rio Tinto diamond bet adds sparkle to junior miners' prospects

By Susan Taylor TORONTO, Dec 3 (Reuters) - Rio Tinto Plc's re-commitment to diamonds with a $350 million Canadian mine expansion has highlighted the prospects for a handful of smaller players boasting one of the sector's rarest commodities - new mines. After two decades without a big

Firestone Diamonds full year losses narrow despite sales fall

Diamond exploration and mining firm Firestone Diamonds cut back its full-year loss, despite a fall in revenue due to the closure of its plant in Lesotho. The miner reported a pre-tax loss of $11.2m in the year ended 30 June, almost halving the $22.6m loss it reported at the end of the 2013 financial

Firestone Diamonds Narrows Loss As It Closes Lesotho Plant

Thursday broker round-up UPDATE

Admiral Group: Deutsche Bank reduces target price from 1330p to 1260p and maintains a hold recommendation. Balfour Beatty: Deutsche Bank lowers target price from 250p to 245p keeping its hold recommendation. Betfair: Jefferies raises target price from 1175p to 1230p maintaining a buy recommendatio

Firestone Diamonds Starts Disposal Process For Botswana Operations

Sunday share tips: BG Group, BSkyB, Firestone Diamonds

Sell shares of BG Group, Danny Fortson recommended in the Sunday Times. The shares were the best performers in the European oil industry in the second quarter of this year despite the absence of a Chief Executive. Chairman Andrew Gould's reputation has supported the shares while he stands in and he

DIRECTOR DEALINGS: Firestone Diamonds Chairman Gets 302,690 Shares

Firestone Diamonds Starts Development Programme At Lesotho Site

UK WINNERS & LOSERS: Synergy Health Boosted By Contract Win

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - LOSERS
-------
Smith & Nephew, down 1.1%. Volatile trading in the medical technology compa

UK MIDDAY BRIEFING: Tullow Oil And Ophir Energy Come Up Dry

LONDON (Alliance News) - There was some bad drilling news for two of the UK's leading oil stocks, as resource companies dominated corporate news Tuesday morning.  Tullow Oil PLC said it will plug and abandon the exploration well 31/2-21S in the Gotama prospect, offs

UK WINNERS & LOSERS: AVEVA Leads FTSE 350 Gainers, Ophir The Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
-------
FTSE 100 - WINNERS
-------
InterContinental Hotels Group, up 5.8%. The hotel chain has rejected a GBP6 b

Firestone Diamonds To Begin Work At Lesotho Mine After Finance Agreed

LONDON (Alliance News) - Firestone Diamonds PLC Tuesday said it is set to begin building the main treatment plant at the Liqhobong Diamond Mine in Lesotho in the coming weeks after entering into the previously arranged financing package. In a statement, the AIM-quoted diamond company said i

UK MORNING BRIEFING: Shares Higher With AVEVA Leading FTSE 250

LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.

The mid-cap FTSE 250 is outperforming once again, led by AVEVA Group, which raised its total dividend and expressed confiden

Firestone Diamonds Revises Liqhobong Diamond Mining Lease Agreement

LONDON (Alliance News) - Firestone Diamonds PLC Monday said it has revised its mining lease agreement with the Lesotho government for the development of the Liqhobong diamond mine, while saying that 41% of the shares available in its 2-for-11 open offer were taken up. Firestone owns a 75% i

UK MORNING BRIEFING: London IPO Market Continues Pickup

LONDON (Alliance News) - The resurgent London initial public offering market got another boost Friday as three companies priced their offerings.

The IPOs of Exova Group, Cambian Group and Polypipe Group mean 14 companies have now li