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FTSE 250 movers: Talvivaara dives on production warning

Tue, 03rd Jul 2012 14:03

Resource group Talvivaara plunged after saying that it is unlikely to hit its nickel production targets this year as a result of flooding, scheduled maintenance and a fatality-related stoppage during its second quarter. Sector peer Avocet fell after Nomura slashed its target price on the stock by 45% following the recent production downgrade and news of a delayed project expansion. Oil explorer Salamander Energy fell after saying that test results at its dig in the Gulf of Thailand are "conclusive", with analysis showing that water is present in the tested section; in other words the Far East-1 well cannot be used for production.Software firm Anite rose after it reported strong results and boosted its dividend after a year that exceeded expectations. The company said its mobile phone testing division helped drive pre-tax profits up 75% to 28m. FTSE 250 - RisersOcado Group (OCDO) 79.50p +6.00%Centamin (DI) (CEY) 75.00p +5.93%Aquarius Platinum Ltd. (AQP) 50.25p +4.43%Bumi (BUMI) 322.90p +4.16%Wood Group (John) (WG.) 728.00p +3.78%Gem Diamonds Ltd. (DI) (GEMD) 206.40p +2.94%Brown (N.) Group (BWNG) 255.70p +2.90%Investec (INVP) 391.90p +2.86%EnQuest (ENQ) 113.20p +2.82%Hunting (HTG) 761.00p +2.77%FTSE 250 - FallersTalvivaara Mining Company (TALV) 146.30p -13.94%Avocet Mining (AVM) 70.25p -8.88%Man Group (EMG) 71.75p -3.63%FirstGroup (FGP) 225.20p -3.55%Britvic (BVIC) 324.40p -3.02%Yule Catto & Co (YULC) 139.50p -2.72%New World Resources A Shares (NWR) 325.50p -2.63%Salamander Energy (SMDR) 167.30p -2.51%Chemring Group (CHG) 268.40p -2.08%Barratt Developments (BDEV) 141.60p -2.07%NR
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4 Jul 2014 15:48

Sector movers: Evraz lifts industrial metals higher

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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29 Apr 2014 05:17

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28 Apr 2014 15:13

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28 Apr 2014 05:30

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25 Apr 2014 15:39

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25 Apr 2014 05:17

UK Earnings, Trading Statements Calendar - Week Ahead

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24 Apr 2014 15:51

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24 Apr 2014 05:14

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23 Apr 2014 15:29

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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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