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FTSE 250 movers: Talvivaara continues to take a hit

Tue, 13th Nov 2012 15:34

Nickel miner Talvivaara was significantly lower as speculation about last week's gypsum pond leakage at its project in Finland continues to pressure the stock. Speaking overnight to Finnish broadcaster Yle's current affairs programme A-studio, Talvivaara Chief Executive Harri Natunen said that taxpayers will not have to shoulder the clean-up cost at the mine. Shares, at just over the 87p mark this afternoon, are well off the 130p level seen before the leak was first reported at the start of the month. Bank note printer De La Rue fell sharply after saying that while banknote print volumes were up 4.0% to 2.9bn notes in the six months ended September 29th, banknote paper volumes declined 15% to 4,500 tonnes. bwin.party digital entertainment fell after it was forced to confirm that its Chief Executive Officer, Norbert Teufelberger, has agreed to attend an interview with the Belgium authorities. It was reported earlier on Tuesday that the CEO was detained by police during the Responsible Gaming Day conference in Brussels, although naturally the company gave no information regarding this. Telecoms operator TalkTalk soared into the top spot after it said it is on track to return to revenue growth in the full year as half year revenue fell by two per cent to £828m. Regneration specialist St Modwen was also rising after it was reported on Monday that construction on a housing estate it is developing has begun. The company has said that the first houses are expected to come on the market in December. FTSE 250 - RisersTalkTalk Telecom Group (TALK) 214.00p +14.68%St. Modwen Properties (SMP) 206.90p +2.94%JD Sports Fashion (JD.) 756.00p +2.79%Petra Diamonds Ltd.(DI) (PDL) 101.80p +2.47%TUI Travel (TT.) 254.60p +2.41%IP Group (IPO) 108.90p +2.25%Oxford Instruments (OXIG) 1,286.00p +2.23%Diploma (DPLM) 444.40p +2.14%Debenhams (DEB) 120.20p +2.12%Perform Group (PER) 404.40p +1.94%FTSE 250 - FallersTalvivaara Mining Company (TALV) 87.50p -8.62%De La Rue (DLAR) 1,004.00p -5.64%Ultra Electronics Holdings (ULE) 1,522.00p -5.29%Chemring Group (CHG) 221.50p -4.81%New World Resources A Shares (NWR) 245.80p -4.65%Bwin.party Digital Entertainment (BPTY) 113.70p -3.81%Afren (AFR) 134.30p -3.80%Kentz Corporation Ltd. (KENZ) 372.30p -3.77%FirstGroup (FGP) 181.80p -3.55%Petropavlovsk (POG) 362.70p -3.54%NR
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A surge in the share price of steel group Evraz helped the industrial metal and mining sector to the top of the pile on an otherwise quiet trading session in London. While markets were subdued on the whole, with analysts citing low volumes due to a public holiday in the States, Evraz shares were 5.

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13 Jun 2014 14:54

Talvivaara To Delist In London, Remain On Helsinki Exchange

LONDON (Alliance News) - Talvivaara Mining Company PLC Friday said it plans to cease trading on the Main Market of the London Stock Exchange as it seeks to reduce the costs associated with the listing. Talviaara said there is no significant benefit in maintaining its London listing, given t

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28 May 2014 07:13

Talvivaara Mining Pretax Loss Narrows

LONDON (Alliance News) - Talvivaara Mining Company PLC Wednesday reported that its first-quarter loss before income tax narrowed to 17.12 million euros from 31.73 million euros in the prior year quarter. Loss attributable to owners of the parent narrowed to 14.57 million euros from 21.01 m

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21 May 2014 13:04

Talvivaara Mining Granted Deadline Extension For Reorganisation

LONDON (Alliance News) - Talvivaara Mining PLC Wednesday said it has been granted a deadline extension for submitting its proposals for its reorganisation programme. In a statement, the base metal producer with operations in Finland said it has been granted a deadline extension by the Dist

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14 May 2014 08:09

UPDATE 1-Talvivaara plans to delist from London bourse

(Adds comment, background) HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. Hurt by falling nickel prices and repeated production disruptions,

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14 May 2014 06:10

Talvivaara plans to delist from London bourse

HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. The firm said the London delisting, if approved at its shareholder meeting next month, would take ef

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1 Apr 2014 10:31

Talvivaara soars on loan agreement with Nyrstar

Shares soared in Finnish nickel and zinc miner Talvivaara as it secured a loan, from Belgian zinc giant Nyrstar, that looks to have solved its 'critical' funding issues. Nyrstar, with which Talvivaara has a zinc streaming agreement, has agreed to loan Talvivaara up to a maximum of €20m in several

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