Mc Mining Share News (MCM)

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%.