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LONDON (Alliance News) - Iofina PLC Tuesday said the preliminary decision of the Montana Department of Natural Resources and Conservation is to deny the company's application for water rights in the western US state. The iodine production company said it was notified of the decision on Frid
Read moreLONDON (Alliance News) - Glencore Xstrata said Monday it has agreed to sell its interest in the Las Bambas copper project in Peru to a Chinese consortium including MMG, Guoxin International Investment Corp and CITIC Metal Co for USD5.85 billion in cash. The deal is part of an agreement to w
Read moreLONDON (Alliance News) - Iodine producer Iofina PLC Monday said it had started production at two more extraction plants after getting the necessary regulatory approval. In a statement, the company said it has started production at IO#4 and IO#5. The company is constructing a sixth pla
Read moreLONDON (Alliance News) - Iofina PLC said Thursday its co-founder Lance Baller has been appointed to the board after a period of ill health as a non-executive Director and Chairman of the firm. Baller took a leave of absence to attend to personal health issues prior to his resignation, said
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Iodine producer Iofina has completed its latest iodine extraction plant in the US, but it said construction of more plants would be delayed. Iofina, which produces iodine in Texas, Montana and Oklahoma, said it had finished building its IO#5 plant and was awaiting final regulatory approval. The gr
Read moreLONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S
LONDON (Alliance News) - Iodine producer Iofina PLC saw its shares fall Thursday after it said it had completed its latest extraction plant, but will delay building any new facilities until it has undertaken a review that will aim to improve construction methods and reduce build costs. In a
Read moreIodine producer Iofina announced on Thursday the resignation of its Chairman effective March 31st. In parallel, the company welcomed on board a new Non-Executive Director, William Delaney Bellamy. The new director is a senior vice president at engineering and construction firm CH2M Hill, one of t
Read moreLONDON (Alliance News) - Online fashion retailer Boohoo.com, the latest UK retailer to firm up its initial public offering, has said it plans to raise GBP300 million in the AIM listing, giving it a higher-then-expected initial market capitalisation of GBP560 million.
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LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Aviva, up 4.2%. After closing as the blue-chip index's biggest riser on Thursday, Aviva is again the stand out performer Frid
Read moreLONDON (Alliance News) - Iofina PLC Friday said it had extended the redemption date of its USD15 million convertible bond with Stena Investment Sàrl by two years to May 15, 2017, while the coupon on the bond has been reduced to 6.0% a year from 6.5%. Terms of the conversion have been modif
Read moreLONDON (Alliance News) - Iodine producer Iofina PLC Friday said it has completed the fourth of its extraction plants based on its wellhead extraction IoSorb technology and the fifth is expected to be completed in March. In a statement, the company said production from both the new extractio
Read moreLONDON (Alliance News) - UK banks are still counting the cost of their product mis-selling, with Lloyds Banking Group Monday adding a further GBP1.93 billion to the amount it has set aside to cover claims for previous sales of payment protection insurance and interest rate hedging products.
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
Randgold Resources, up 2.1%. In a difficult environment for gold miners,
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