A surge in the share price of steel group Evraz helped the industrial metal and mining sector to the top of the pile on an otherwise quiet trading session in London. While markets were subdued on the whole, with analysts citing low volumes due to a public holiday in the States, Evraz shares were 5.
Read moreMining group International Ferro has signed an agreement with Johannesburg listed mining company Chrometco to conduct exploration drilling at Rooderand Mine. The mine produces chrome ore and is expected upon completion to supply the group 0.2m tonnes of chrome ore over a 12-month period. The grou
Read moreLONDON (Alliance News) - International Ferro Metals Ltd Wednesday said that it has signed a drilling deal with mining company Chrometco Ltd to conduct exploratory drilling of LG6 chrome ore at Chrometco's Rooderand Mine in South Africa. International Ferro Metals, which produces ferrochrome
Read moreLONDON (Alliance News) - International Ferro Metals Ltd Thursday said its ferrochrome production and sales volumes increased in its first quarter, year-on-year, as it moved towards the restart of its Lesedi underground mine. However, production fell from the previous quarter, it said. The f
Read moreEvery sector on the UK stock market was either flat or registering losses on Monday as investors scaled back risk appetite amid escalating tensions between Ukraine and Russia. The crisis in Ukraine stepped up a gear over the weekend as Moscow increased its military presence in the Crimea region of
Read moreBritain's small-cap index rose 0.1 percent on Monday but lagged junior-listed AIM shares, which posted a 1.2 percent rise, blue chip stocks, up 0.4 percent, and the midcaps, up 0.5 percent. Shares in power-component maker XP Power Ltd finished up 1.4 percent after it reported a 13 percent r
Read moreLONDON (Alliance News) - International Ferro Metals Ltd Monday said it swung to a pretax profit in its first half as increased production, lower production costs and a weaker rand drove up revenues. The ferro-chrome producer, with operations in South Africa, posted a pretax profit of ZAR31.
Read moreLONDON (Alliance News) - International Ferro Metals Ltd Thursday said its ferrochrome production and sales volumes increased in its second quarter following operational improvements. The ferro-chrome producer, with operations in South Africa, said its ferrochrome production is up 1.3% to 58
Read moreLONDON (Alliance News) - Shares have opened lower Thursday following disappointing PMI figures from China. Financial and education publisher Pearson is down 5.9% at the open after saying its 2013 performance was weaker than expected, particularly in North America.
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Proving his confidence in the business on the day it published a profit warning, Iofina Chairman Chris Fay splashed the cash in two separate share purchases. Fay first bought £50,000 worth at 101p in the morning after the shares plummeted from Monday's 132.25p closing price. Later in the day he f
Read moreJunior-listed AIM shares fall 0.5 percent, lagging the FTSE Small Cap index, off 0.3 percent, but outperforming the mid-caps, 0.6 percent weaker. Abcam, a supplier of protein research tools to life scientists, sheds 1.7 percent, after saying it expects market conditions to remain challengin
Read moreThe FTSE Small Caps Index closes flat while the junior-listed FTSE AIM All Share Index ends 0.2 percent lower, with both indexes outperforming a 0.7 percent decline on the blue-chip FTSE 100 index. The FTSE 250 Mid Caps Index ends down by 0.1 percent. Wincanton drops 5.6 percent after
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