17 Sep 2014 12:34
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Don't have an account? Click here to register.Sector movers: Miners boosted by metals and updates
Wed, 25th Nov 2009 11:18
Higher metals prices have given miners a boost. With copper prices, which have been hitting 14-month highs lately, on the rise again, big industrial metal miners such as BHP Billiton, Anglo American and Kazakhmys are higher.Smaller companies are helping lift the sector higher on the back of well-received updates. Shares in Beowulf, which owns mineral exploration projects in Sweden, have continued their upward ascent of recent days after saying it had been granted a licence to explore a molybdenum deposit.South African coal miner Strategic Natural Resources said its 74%-owned subsidiary Elitheni Coal has more than doubled its coal prospecting rights area after being awarded additional exclusive rights in the Eastern Cape Coalfield. However, on the downside, Kopane Diamonds which mines for the gemstones in Lesotho and South Africa, is lower after it posted a fall in revenues in the year to June 30 as it suspended production after a sharp fall in prices.News from the food sector has been mostly badly received and the sector is lower. Greencore, the Irish convenience food group licensed to make Heinz pickles and Bisto Yorkshire puddings, is among the fallers after it posted a sharp fall in profits in the year to September 25 as sales declined. Cake maker Finsbury Foods is at the bottom of the pile after saying cake sales have been underperforming the overall market.Top performing sectors so far todayForestry & Paper 3,578.25 +2.31%Travel & Leisure 3,959.15 +1.68%Mining 20,900.29 +1.05%Pharmaceuticals & Biotechnology 8,580.91 +1.05%Electricity 6,305.47 +0.98%Bottom performing sectors so far todayChemicals 4,488.52 -1.73%Food Producers & Processors 4,666.87 -1.01%Oil Equipment Services & Distribution 15,204.15 -0.94%General Financial 5,310.55 -0.81%Personal Goods 10,251.71 -0.50%
More News
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