Serabi Share News (SRB)

Serabi Gold Announces Mixed Palito Quarterly Production

LONDON (Alliance News) - Serabi Gold PLC Monday said it has achieved mixed production rates from its Palito Mine following successful commissioning and initial switch-on in December. The Brazil-focused gold miner said its first quarter gold production was 2,300 ounces, from 11,387 tonnes of

UK MIDDAY BRIEFING: RSA Insurance Buoyed By Ex-RBS Boss Appointment

LONDON (Alliance News) - The FTSE 100 is on the verge of snapping a five day losing streak Wednesday, led higher by the likes of RSA Insurance Group, which unveiled its new chief executive, and GlaxoSmithKline, which has just reported strong results.
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UK WINNERS & LOSERS: Hargreaves Lansdown Warns On Low Interest Rates

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

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FTSE 100 - WINNERS

RSA Insurance Group, up 3.5%. The troubled insurer said late Tuesday t

Serabi Gold Jumps As It Hits More High-Grade Gold At Sao Chico

LONDON (Alliance News) - Serabi Gold PLC Wednesday said its exploration programme at its Sao Chico gold project had intersected further high-grade gold deposits, suggesting a significant extension of the mineralisation at the site. In a statement, the Brazil-focused gold miner said the late

UK MORNING BRIEFING: Insurers In Focus As Stephen Hester Joins RSA

LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.

Brokers have been taking a look at UK insurers after RSA Insurance sprung a positive surprise late Tuesday by appointing turnaround a

UK WINNERS & LOSERS: M&S Dips But Aeorema Jumps As It Recommends First Dividend

Serabi Gold Prepares Mining License Application After Strong Sao Chico Results

STOCKS NEWS EUROPE-UK small caps flat, outperform wider market

The FTSE Small Caps Index trades flat, but outperforms the blue-chip FTSE 100 index and the FTSE 250 mid-cap index which are down by 0.8 percent and 0.3 percent respectively. Daisy Group, provider of business communication services, gains 6.5 percent after saying it is performing in line wi

Monday broker round-up UPDATE

Andor Technology: WH Ireland cuts target price from 500p to 380p, while staying with its buy recommendation. Investec upgrades from hold to buy with a target price of 360p. Ashtead Group: Numis raises target price from 582p to 640p, while downgrading to hold. Bellzone Mining: Investec lowers targe

Shares jump as Serabi Gold completes dewatering of Palito mine

Shares in AIM-listed Serabi Gold rose on Monday after the Brazil-focused gold mining and exploration company published its second operational update on mining operations at its high-grade Palito gold mine in Para state. The company reported that it had completed dewatering of the mine in January an

Serabi gold issues 13.6m shares to board directors

AIM-listed mining company Serabi Gold has awarded 13.6m shares to members of its board, a statement issued by the company on Monday disclosed. The company, which is currently transitioning from a gold exploration business to a mine developer, stated that gold production is expected to go ahead befo

STOCKS NEWS EUROPE-UK small caps close 0.5 percent higher

The FTSE Small Caps index closes 0.5 percent higher, with the mid caps ahead 0.6 percent, and the blue chips up 0.5 percent. NCC Group gains 5.5 percent as the international, independent provider of Escrow and Assurance reports a 13 percent rise in first-half group revenue to 48.1 million p

Resources round-up: Kalimantan Gold, Serabi Gold, Ariana Resources

Kalimantan Gold plunged 22 per cent after it said Tigers Realm Metals had pulled out of drilling at its Jelai epithermal gold project in Indonesia. "TRM did not see the results it expected in [its] modest 6-month drill test and they have provided notice to withdraw from the option deed effective Sep

Serabi strikes 'bonanza' grade gold in Brazil

Serabi Mining, the Brazil-focused gold exploration company, says test drilling suggests the size of its Palito deposit may be 80% greater than first thought. The drilling programme, which began in late October and ran through to the middle of November, involved digging eight holes. Test results rec

Serabi Mining discovers areas of interest

Serabi Gold, the Brazilian focused exploration company, has discovered areas of geological interest in the results of its recently completed 2011 'Eastern Block' induced polarization (IP) ground geophysical survey in the Jardim do Ouro project. The results indicate a number of IP chargeability anom