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Pin to quick picksMc Mining Share News (MCM)

Share Price Information for Mc Mining (MCM)

London Stock Exchange
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Share Price: 7.50
Bid: 7.00
Ask: 8.00
Change: 0.00 (0.00%)
Spread: 1.00 (14.286%)
Open: 7.50
High: 7.50
Low: 7.50
Prev. Close: 7.50
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Small caps round-up: Aurum, Berkeley Minerals, CSS Stellar ...

Wed, 31st Mar 2010 13:16

Aurum Mining has reached commercial agreement with Kentor Gold for the acquisition of its remaining 10% interest in the Andash asset for a consideration of US$2.2m, to be paid in three instalments by 30 July 2010.Berkeley Minerals posted a loss of £232,000 for the six months ended December, compared with a loss of £255,000 for the same period in the prior year. "We are anticipating the next transformational stage of development at our tailings processing business at Kabwe," it said, adding " The outlook for the Company is now very positive; we have acquired the rights to dumps containing significant amounts of metal, are expecting to acquire more and we expect to commence full scale production."Sports marketing group CSS Stellar's revenue from continuing operations for the fell 61% to £1.4m in 2009 as it change sales recognition from gross to a net fixed fee. Group operating loss, prior to impairment of goodwill of £0.3m, was £0.2m. There was pre-tax loss of £549,000 against £2.2m.Immunodiagnostic Systems Holdings, the producer of diagnostic testing kits for the clinical and research markets, has launched three fully automated immunoassays for use on the IDS-iSYS Immunoanalyser, bring its product line for the IDS-iSYS product up to six.Marketing services group Motivcom is seeing increased client activity in 2010 and it is continuing to win new business and renew client contracts, sometimes at much enhanced levels. Revenue in 2009 took a bit of a dip, however, easing to £102.39m from £110.49m the year before. Statutory profit before tax surged to £3.06m from £2.09m, while the underlying profit before tax figure climbed to £3.50m from £2.87m. The full year dividend has been upped to 2.5p from 2.3p in 2008.Neuropharm Group, the speciality pharmaceutical company that is contemplating a return of cash to shareholders through a Members' Voluntary Liquidation, said that that although it remains in talks with a number of companies to sell one or more assets from its development pipeline, none of those companies is currently contemplating making an offer for the company.Oil and gas firm President Petroleum had good news for its shareholders from the company's drilling programme at the East White Lake field in Louisiana, USA.The estimated reserves from the A-52 well, in which the company has a net revenue interest of 21.88%, have been raised by 80% to around 100,000 barrels of oil equivalent per day. This upgrade increases total net proved reserves at East White Lake by 9%.
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14 Mar 2024 10:36

IN BRIEF: MC Mining gets second supplementary statement from Goldway

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Says it has received a second supplementary statement from Goldway Capital Investment Ltd. Notes it is reviewing the contents of the second supplementary bidder's statement and will formally respond in due course. Goldway first launched its AUD0.16-a-share takeover bid for MC Mining last month. MC Mining had urged its shareholders to reject the February offer.

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12 Mar 2024 10:07

IN BRIEF: MC Mining tumbles as Vulcan Resources backs off from offer

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Vulcan Resources Ltd will not proceed with making a formal offer for MC Mining. On Friday last week, the owner and operator of the Moatize coal mine in Mozambique proposed offering between AUD0.17 and AUD.20 per MC Mining share, valuing it at between AUD69.34 million and AUD81.58 million, around GBP35.9 million to GBP42.2 million. The Vulcan proposal was higher than what was proposed by Goldway Capital Investments Ltd last month.

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8 Mar 2024 16:56

LONDON MARKET CLOSE: Europe mixed but US stocks up after nonfarms

(Alliance News) - Stocks in London closed mixed on Friday, though trade was more confident in New York, on the back of a favourable US jobs report.

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8 Mar 2024 14:37

Vulcan proposes MC Mining takeover at higher price than Goldway offer

(Sharecast News) - MC Mining confirmed receiving a proposal from Vulcan Resources, the operator of the Mozambique's largest coking coal mine Moatize, on Friday.

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8 Mar 2024 12:56

IN BRIEF: MC Mining receives more enticing takeover offer from Vulcan

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Receives a takeover proposal from Vulcan Resources Ltd, owner and operator of the Moatize coal mine in Mozambique. Vulcan offers between AUD0.17 and AUD.20 per MC Mining share, valuing it at between AUD69.34 million and AUD81.58 million, around GBP35.9 million to GBP42.2 million. MC Mining says the Vulcan proposal does not constitute a formal offer, but it notes that the takeover price is higher than that proposed by Goldway Capital Investments Ltd last month.

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4 Mar 2024 13:44

MC Mining tells shareholders to refuse Goldway takeover

(Alliance News) - MC Mining Ltd on Monday again urged its shareholders to reject a takeover offer from Goldway Capital Investments Ltd.

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15 Feb 2024 08:26

MC Mining independent board rejects Goldway off-market takeover offer

(Alliance News) - MC Mining Ltd said on Thursday its independent board had rejected a takeover offer from Goldway Capital Investments Ltd.

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2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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2 Feb 2024 11:51

UPDATE: MC Mining waits for independent report on offer by Goldway

(Alliance News) - MC Mining Ltd on Friday advised its shareholders to take no action after it received a takeover offer from Goldway Capital Investments Ltd.

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2 Feb 2024 10:18

AIM WINNERS & LOSERS: Orchard Funding dives on UK FCA review

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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2 Feb 2024 08:55

MC Mining receives takeover offer from Goldway Capital

(Alliance News) - Goldway Capital Investments Ltd on Friday said it made a takeover offer for MC Mining Ltd.

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31 Jan 2024 11:01

MC Mining boosts output in second quarter, seeks to fast track Makhado

(Alliance News) - MC Mining Ltd on Wednesday reported strong output and robust sales at its local coal mine in the second quarter of its financial year, and said that it sought to speed up production at its flagship Makhado project.

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24 Jan 2024 10:29

Consortium delays takeover offer as MC Mining urges for "no action"

(Alliance News) - MC Mining Ltd on Wednesday said a consortium that initially made a "non-binding and indicative off-market" takeover bid in November had delayed its offer.

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22 Dec 2023 09:29

MC Mining reiterates "take no action" amid takeover offer delay

(Alliance News) - MC Mining Ltd on Friday repeated that shareholders should "take no action" over the revised "non-binding and indicative off-market" takeover offer from Senosi Group Investment Holdings Pty Ltd and Dendocept Pty Ltd.

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22 Dec 2023 07:45

MC Mining seeks to fast track start of production at Makhado project

(Alliance News) - MC Mining Ltd said on Friday it is exploring ways to speed up the start of production at its flagship Makhado coking coal project in Limpopo.

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