ORM.L Share News (ORM)

UK WINNERS & LOSERS: Barratt Falls On Return To FTSE 100, Downgrade

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 - LOSERS

Barratt Developments, down 2.1%. Following the quarterly FTSE review on Ma

STOCKS NEWS EUROPE-UK small caps up as broader market falls

The FTSE Small Cap index rises 0.2 percent, outperforming junior-listed AIM shares, mid-caps and blue chips, down between 0.3 percent and 0.5 percent. Shares in Ormonde Mining rise 9 percent as Noble Group agrees to purchase all tungsten concentrate produced from Ormonde's Barruecopardo ope

Ormonde Mining does 350m dollar tungsten supply deal with Noble

Tungsten miner Ormonde Mining has done a supply deal with commodity marketer and distributor Noble Group, lifting Ormonde's shares. Ormonde said Noble had agreed to buy all the tungsten concentrate produced by its Barruecopardo project in Salamanca, Spain, for the first five years of the open pit's

Ormonde Mining Signs Major Offtake Agreement With Noble Resources

LONDON (Alliance News) - Ormonde Mining PLC Monday said it has entered into a binding tungsten offtake agreement, from its Barruecopardo project in Spain, with Noble Resources International Pte. The tungsten mining exploration and development company said its wholly owned subsidiary SaloroS

UK MIDDAY BRIEFING: Mis-Selling Bill Continues To Mount For UK Banks

LONDON (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. Read more

UK WINNERS & LOSERS: Rurelec Drops 25% As Bolivia Award Disappoints

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,

Ormonde Mining Granted Environmental Permit For Spanish Tungsten Mine

LONDON (Alliance News) - Ormonde Mining PLC Monday said received formal written notification granting the Environmental Impact Declaration at its Barruecopardo tungsten project in Spain. The tungsten mining exploration and development company said the Regional Environmental Department in Ca

Ormonde Mining Says Almonty Industries Will Not Proceed With Offer For Company

LONDON (Alliance News) - Ormonde Mining PLC Friday it maintains its view that the takeover approach by Almonty Industries was "unsolicited" and "opportunist" following an announcement that it will no longer proceed with an offer. In a statement Chairman Mike Donogue said the offer was, "wit

Ormonde Mining Net Loss Widens As It Seeks Permit For Spanish Mine

STOCKS NEWS EUROPE-UK small caps in line with blue chips

Junior-listed AIM shares are flat, underperforming British small caps and the blue chips, which rise 0.1 percent. Fiberweb rises 6.6 percent, the top FTSE Small Cap riser, after PGI Group agrees to buy the construction materials firm for 183 million pounds ($291.02 million), a price above t

Ormonde raises funds for Barruecopardo project

Ormonde Mining has placed 22.44m new ordinary shares at 4.75p each to raise funds that will enable it to begin the definitive engineering work required to allow for the placement of process plant priority equipment orders at the Barruecopardo project. The placing raised a total of £1.07m before ex

Ormonde Mining rebuffs Canadian bid approach

Ormonde Mining has knocked back an unsolicited all-share bid approach from Canada's Almonty Industries. The AIM-listed company slated Almonty's proposal for being "speculative, opportunistic and lacking in both strategic and economic merit" for its shareholders. The Canadian company, which aims to

Ormonde Mining unveils gold results from Cabeza de Caballo

AIM-listed Ormonde Mining has reported that four diamond holes have been drilled on the Cabeza de Caballo Permit in the Salamanca Province of western Spain, which forms part of its joint venture with Aurum Mining. In a drilling update published on Friday, the company said that the holes had tested

Ormonde Mining dips on unexercised option for La Zarza Copper Project

AIM-listed mineral resource company Ormonde Mining has reported that the option period for a possible agreement with the Spanish company Nueva Tharsis SA relating to the potential divestment of the company's interest in the La Zarza Copper Project, has ended with the option not being exercised. Orm

Resources round-up: Firestone Diamonds, Edge Resources, Ormonde Mining

Firestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found -