17 Sep 2014 12:34
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Don't have an account? Click here to register.Resource stocks round-up: Rambler, Madagascar Oil, Ind. Resources ...
Wed, 22nd Feb 2012 11:04
Rambler Metals and Mining said gold production in the second quarter of them miner's financial year was 4,022 ounces at its wholly-owned Ming gold and copper mine in Newfoundland. The average daily gold throughput for January was 600 metric tons per day (mtpd) with the highest one day throughput being 695 mtpd. This production rate confirms the projected tonnage rate determined by the company's feasibility study.Madagascar Oil has placed 59m shares at 28p each, to raise $26.5m. The placing price represents a discount of 3.45% to the closing middle market price of 29p on February 21st, 2012, the last trading day prior to the announcement of the placing. The shares placed included Touradji Capital's entire shareholding of 24.95m shares. The funds from the placing will largely go towards the development of the firm's Tsimiroro asset in the Morondava Basin of Madagascar. Italy-focused gas company Independent Resources said that both the Ministry of Environment and Ministry of Cultural Assets and Activities have executed by decree the environmental compatibility authorisation for the next phase of the company's Rivara underground gas storage project in Northern Italy. The company hopes that Italy's Ministry of Economic Development can now work cooperatively alongside the Region of Emilia-Romagna to reach the required agreements for a mineral title that would then allow the company to drill its planned appraisal wells.Strategic Natural Resources (SNR) said its 74% owned South African subsidiary Elitheni Coal has identified around 53m tonnes of additional coal resources in its Phase 1-4 exploration areas which will be added to the existing 150 million tonnes modelled and independently verified by Golder Associates in 2010. SNR revealed that it is engaged in active negotiation on the finalisation of its funding programme, which is being structured in order to allow SNR to deliver the first coal shipments to Trasteel, the Swiss trader of steel related products, by the middle of 2012.
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23 Jul 2014 17:28
16 Jun 2014 11:28
Winding Up Petition Against Strategic Natural Resources Dismissed
LONDON (Alliance News) - Shares in Strategic Natural Resources PLC surged by more than a quarter Monday, after it said that the winding-up petition filed by London Commodity Brokers has been dismissed, following its settlement of the agreed amounts due. Strategic Natural Resources shares w
Read more13 May 2014 13:11
UK MIDDAY BRIEFING: AstraZeneca Continues To Reject Pfizer
LONDON (Alliance News) - AstraZeneca Tuesday again rejected Pfizer's "opportunistic" GBP63 million takeover approach, as UK politicians grilled executives of both companies about the potential deal and what it will mean for the UK's pharmaceutical industry.
Cruciall
13 May 2014 11:09
UK WINNERS & LOSERS: easyJet, TUI Travel Lower As Housebuilders Rise
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Barratt Developments, up 3.1%, and Persimmon, up 2.1%. The housebuilders have
13 May 2014 10:33
Strategic Natural Resources Gets Some Of The Funding It Needs
LONDON (Alliance News) - Strategic Natural Resources saw its shares fall Tuesday after the company said it had secured an investment of GBP1.5 million in the company, secured a deal to pay off at least one creditor, and said it will appoint several new executives to run the company. The mon
Read more12 May 2014 11:59
UK MIDDAY BRIEFING: BSkyB Confirms Talks To Buy Sky Italia, Deutschland
LONDON (Alliance News) - British Sky Broadcasting confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.
Bloomberg, citing people familiar with the matter, reported that talks about the pot
12 May 2014 11:13
UK WINNERS & LOSERS: Mining Stocks Rise; BSkyB Falls Sharply
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Rio Tinto, up 3.6%, BHP Billiton, up 2.4%, Antofagasta, up 2.4%, Anglo American, up 1.6%, and Glencore Xstrata,
Read more12 May 2014 10:11
Strategic Natural Resources' Winding Up Hearing Adjourned ForWeek
LONDON (Alliance News) - Strategic Natural Resources PLC said it has agreed with London Commodity Brokers to adjourn its winding up hearing, which was supposed to take place Monday, for one week. The natural resources development company said it continues to hold discussions with London Com
Read more12 May 2014 07:29
UK MORNING BRIEFING: BSkyB Confirms Deutschland, Italia Merger Talks
LONDON (Alliance News) - UK shares have opened cautiously higher Monday, amid a lack of economic data and with a wary eye on developments in Ukraine.
BSkyB confirmed press reports that has approached its major shareholder 21st Century Fox about buying Sky Deutschlan
25 Apr 2014 15:37
Strategic Natural Subsidiary Concludes Arbitration With Creditors
LONDON (Alliance News) - Strategic Natural Resources PLC Friday said that its subsidiary Elitheni Coal Ltd has ended arbitration proceedings with certain of its creditors, paying out ZAR5.4 million plus costs of ZAR600,000. The natural resources development company said the payment was less
Read more31 Mar 2014 14:44
Strategic Natural Resources Pretax Loss Widens; Discussions For New Funding Continue
LONDON (Alliance News) - Strategic Natural Resources PLC said Monday its pretax loss widened during the half-year as it reported the business's first revenues, though warned that if it cannot secure new funding sources soon, its shares may be suspended. In its interim results for the six mo
Read more