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Harri Natunen, the new Talvivaara Mining Company Chief Executive Officer, has barely been in the position two weeks but has already started making big changes. The group said the former executive committee and extended executive committee have now been consolidated into one committee. The company
Read more- Footsie finishes up five points on the week - Stocks rise despite US GDP data, Spanish downgrade - Man Group jumped 14% after upgrade Following a steep sell-off on Monday, a four-day rise for blue-chip stocks saw the FTSE 100 finish slightly above levels seen last week with financials leading the
Read moreFTSE 250 base metals miner Talvivaara has acknowledged that the first quarter of 2012 was disappointing as it reported an operating loss for the three months to the end of March. "The first quarter of 2012 was a difficult period for Talvivaara with disappointing production and financial performance
Read moreTalvivaara Mining Company, the Finland focused nickel and zinc miner, has invested over 13m euros in environmental technology after signing a contract with a Dutch company for the delivery of a reverse osmosis-based water treatment system. The four million euro facility, which has two production l
Read more- Stocks wobble after US data, French rumours - Spanish auction strong - Cable and Wireless Worldwide extends offer deadline After a solid start, London's blue chip index finished flat on Thursday as weaker-than-expected economic data from the US dampened sentiment late on. US stocks started cauti
Read moreShares in Cable & Wireless Worldwide (CWW) plunged following the revelation that Tata Communications has decided not to bid for the firm. This news leaves Vodafone as the only shark circling the ship, but it only has until 17:00 today before the bid deadline runs out. CWW said late last night that
Read more- Spanish auction well received despite rising yields - US futures up in wake of earnings results - Hargreaves leads Footsie higher, CWW plummets on FTSE 250 After an initial dip following the results of the Spanish debt auction, the Footsie had regained its momentum by lunchtime on Thursday, tradi
Read more- Spanish yields ease before auction - Hargreaves leads risers on Footsie - Cable and Wireless Worldwide plummets on FTSE 250 The FTSE 100 was making solid gains on Thursday morning ahead of much-anticipated Spanish debt auction later today. Spain will be in focus ahead of today's auction of two-
Read moreTavivaara Mining Company has maintained that its full year nickel production will be at the lower end of its guidance of 25,000-30,000 tonnes after its output was adversely affected by downtime at the metals recovery plant, resulting from environmental investments and unscheduled occupational safety
Read more- Miners suffer sell-off on macro-economic concerns - US jobs data dampens sentiment - Randgold bounces back after Malian settlement London's FTSE 100 index slumped to its lowest levels in 2012 on Tuesday as investors had a four-day weekend to digest a gloomy US jobs report out on Friday. Just a ha
Read moreMiners Talvivaara and Aquarius Platinum both fell in line with the mining sector, while transport firm FirstGroup was another heavy faller on the second-tier index after Barclays cut its rating from overweight to equal weight. Citigroup also downgraded the stock today. Domino Printing Sciences said
Read more- Friday's US jobs data dampens sentiment - Rising exports push China into trade surplus - Randgold bounces back after Malian settlement The Footsie had fallen by nearly one whole percentage point by Tuesday lunchtime as investors digested a gloomy jobs report from the US which came out on Friday.
Read moreThe industrial metals and mining stocks were the worst performers of the day on Wednesday as commodity prices took a tumble on the back of comments from the US central bank. Last night's minutes from the latest meeting of the Federal Open Market Committee showed that members had become less incline
Read moreEssar Energy was a big riser after it said that its subsidiary Essar Oil has made significant progress with its lenders towards exiting the current loan agreement, which relates to the corporate debt restructuring scheme and its Vadinar oil refinery in Gujarat. Miners were also on the rise as they
Read more- Investors keep a close eye on meeting in Copenhagen - Eurozone inflation falls but still high - Miners lead the rise by lunchtime The Footsie was making decent gains by Friday lunchtime, snapping a three-day losing streak, as Eurozone ministers meet in Copenhagen to discuss a potential increase i
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