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Round-up: Highland Gold, Oxford Biomedica, Safestore...

Tue, 09th Nov 2010 12:45

Highland Gold has started mining at its Belaya Gora open pit. Select oxide ores will be hauled to and processed as planned at the Mnogovershinnoye. This marks the initial production at Highland Gold's third producing mine.Oxford BioMedica has received approval from the US Food and Drug Administration for a Phase I/II clinical development of RetinoStat, a gene-based treatment for neovascular "wet" age-related macular degeneration (AMDStorage group Safestore upped revenue by 5.7% to £89.2m in the year to October as fourth quarter revenue rose by 8% over this time last year. There was some decline in overall occupancy growth in the quarter, which is traditionally the weakest for the group. Even so, closing occupancy was at its highest level ever for the year end. Average self storage rental rate per sq ft for Q4 was £25.94, an increase of 3.1% compared to the previous three months and up 1.8% over this time last year.
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AVEVA: JP Morgan reduces target price from 2450p to 1825p, while leaving its overweight rating unchanged. African Minerals: Credit Suisse reduces target price from 120p to 25p, while leaving its neutral rating unchanged. Aviva: Goldman Sachs ups target price from 490p to 515p and reiterates a neutr

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