IFL.L Share News (IFL)

International Ferro Materials Sales Volumes And Production Up In Third Quarter

International Ferro Metals Widens Losses, Increases Production 20%

STOCKS NEWS EUROPE-UK small caps dip 0.3 percent

The FTSE Small Cap index slips 0.3 percent, outperforming the wider market by some margin, with the midcaps off 0.7 percent and the blue chips 0.9 percent weaker. Avon Rubber climbs 4.5 percent after the manufacturer of respiratory protection products says that strong fourth-quarter tradin

STOCKS NEWS EUROPE-UK small cap index gains lag the blue-chips

The FTSE Small Caps Index is up by 0.2 percent while the FTSE AIM All Share Index edges 0.1 percent higher, with both underperforming a 0.6 percent rise on the blue-chip FTSE 100 while the FTSE 250 mid-cap index rises 0.2 percent. International Ferro Metals jumps 11.3 percent after reportin

South African ferrochrome output cuts expected to boost prices

* 350,000 tonnes removed from market - traders * Eskom may extend electricity buyback deals By Agnieszka Flak and Harpreet Bhal JOHANNESBURG/LONDON, Jan 30 (Reuters) - Ferrochrome production cuts in South Africa are likely to persist into the second quarter, boosting prices at

IFL to shut one furnace to aid S.Africa's Eskom

JOHANNESBURG, Jan 24 (Reuters) - Ferrochrome producer International Ferro Metals said on Thursday it would shut one of its furnaces between Feb. 1 and March 31 to help South African power utility Eskom manage a tight electricity supply. The company also said it would supply its customers us

International Ferro Metals gains on furnace repair

International Ferro Metals advanced Friday after confirming that operations at its two furnaces had returned to normal following the replacement of the electrode paste in late December. The company announced in November that the furnaces were experiencing productivity issues due to recurring electr

STOCKS NEWS EUROPE-UK small caps higher in morning trade

The FTSE Small Caps index is up 0.4 percent in morning trade, mirroring gains by the FTSE 250 index, also ahead 0.3 percent, while the FTSE 100 index is down 0.1 percent. International Ferro Metals adds 6.8 percent as the ferrochrome producer says operations at both its furnaces in South Africa have

Monday broker round-up UPDATE

ARM Holdings: Exane BNP Paribas upgrades from neutral to buy. Ashtead Group: Bank of America starts with a target price of 460p and a buy recommendation. AstraZaneca: Berenberg raises target price from 3080p to 3100p; hold recommendation kept. Balfour Beatty: Investec reduces target price from 21

Resource round-up: International Ferro, Magnolia, Sefton

International Ferro Metals, the AIM-listed miner of ferrochrome (an essential ingredient in stainless steel), rose strongly on Tuesday after saying that the ramp-up of its Sky Chrome project to a record 73,000 tonnes per month was achieved last month. The plant provides low-cost chrome ore for the s

Resources round-up: Goldstone, Caza, Anglo Asian Mining...

Exploration company Goldstone has confirmed the wide depth extension of its gold resource at Homase/Akrokerri in West and Central Africa after 46 holes were drilled, totalling 13,200 metres. Included in these, one hole intersected gold mineralisation of 15.7m at 1.4 g/t including 4.5m at 3.3 g/t, wh

Resources round-up: International Ferro, Forum Energy, Regency Mines

International Ferro Metals, the AIM-listed integrated ferrochrome producer, moved back into overall profitability on a monthly basis for March, with 37.5 per cent of targeted production cost savings achieved during the quarter ended March 31st. During the period net borrowings decreased from ZAR 4

International Ferro in electricity agreement with South African utility firm

International Ferro Metals (IFL), the AIM-listed integrated ferrochrome producer, has reached an agreement with South African utility company Eskom to assist with the power utility's electricity supply requirements by participating in its electricity buy-back programme for an agreed period. IFL wi

International Ferro Metals rises on reduced losses

International Ferro Metals has managed to stem losses at its operations in the North West Province of South Africa. The company has reported production of ferrochrome down 15% in the final six months of 2011 compared to the same period of 2010. Sales fell 3% over the prior year. Revenues came in

International Ferro Metals' shares jump on production rise

International Ferro Metals, the South African ferrochrome producer, saw production rise 15% in the final three months of 2011 compared to the same period of 2010. Ferrochrome is an essential ingredient in the manufacture of stainless steel. International Ferro Metals made 54,142 tonnes of the subst