TALV.L Share News (TALV)

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FTSE 250 movers: Talvivaara gains after reassuring investors

Mon, 03rd Sep 2012 15:17

Finnish zinc and nickel mining company Talvivaara was a high riser after it denied it will be cutting jobs as part of a cost savings plan. Rumours had been circulating that the low price of nickel would force a reduction in headcount. Shares in Lonmin, one of the world's biggest platinum producers, rose on after reports the firm had agreed details of a wage deal with striking miners. Work on the company's Marikana project in South Africa has been at a standstill for three weeks after a pay dispute turned violent, culminating in a bloody showdown with police that left 34 miners dead. Africa-focused oil group Ophir Energy rose after significantly upping estimates of potential resources at one of its sites in Tanzania. Home Retail was making gains after Investec upgraded its rating on the stock from 'sell' to 'buy', saying that shares should react positively "to evidence of more resilient trading at Argos" after the group's second-quarter trading update next week.Paragon, the specialist buy-to-let mortgage lender, was in demand after saying that one of its companies had snapped up a bundle of credit card debt from MBNA Europe Bank.Panmure Gordon today lifted its share price forecasts for Barratt Developments (to 190p from 169p), Taylor Wimpey (to 58p from 53p) and Bovis Homes (to 564p from 504p).FTSE 250 - RisersTalvivaara Mining Company (TALV) 134.00p +6.86%Barratt Developments (BDEV) 157.40p +4.93%Hochschild Mining (HOC) 452.10p +4.53%Centamin (DI) (CEY) 83.10p +4.53%Soco International (SIA) 350.90p +4.19%Bovis Homes Group (BVS) 492.80p +4.14%Persimmon (PSN) 726.50p +4.08%Ophir Energy (OPHR) 586.50p +3.90%Taylor Wimpey (TW.) 53.15p +3.71%Paragon Group Of Companies (PAG) 195.70p +3.49%FTSE 250 - FallersCSR (CSR) 310.70p -4.58%Bumi (BUMI) 303.80p -4.47%Cape (CIU) 234.10p -3.42%Ocado Group (OCDO) 58.70p -2.98%Daejan Holdings (DJAN) 2,949.00p -2.61%Henderson Group (HGG) 103.60p -2.36%Ferrexpo (FXPO) 158.00p -2.29%PayPoint (PAY) 701.50p -2.16%Petra Diamonds Ltd.(DI) (PDL) 102.40p -2.01%ITE Group (ITE) 198.90p -1.92%BC

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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.

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

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

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

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,

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

29 Apr 2014 05:17