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LONDON (Alliance News) - Wolf Minerals Ltd Wednesday said it all the conditions attached to its recent AUD182.7 million, or GBP99.2 million, fundraising had now been satisfied. The company raised the money in a placing in March and said it would use the money to pay off an existing bridge f
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African Minerals: Citi reduces target price from 260p to 190p, while leaving its buy recommendation unchanged. Alliance Pharma: Numis lowers target price from 39p to 37p and maintains an add rating. APR Energy: JP Morgan shifts target price from 1082p to 1089p keeping its overweight rating. Astra
Read moreLONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.
A few interesting executive changes have been announced before the London open Wednesday.
LONDON (Alliance News) - Wolf Minerals Ltd Wednesday said that it plans to start production in 2015 at its Hemerdon tungsten and tin project in Devon, England, from which it expects to produce 3,500 tonnes of tungsten in concentrate yearly. The company raised AUD182.7 million in March to fu
Read moreLONDON (Alliance News) - Wolf Minerals Ltd Tuesday said it had conditionally raised about AUD182.7 million, or GBP99.2 million, in a placing, money it will use to complete the construction of the Hemerdon tungsten and tin project. The company had been suspended from trading on the Australia
Read moreLONDON (Alliance News) - Wolf Minerals Ltd Monday said that work to build a new metal mine in the UK is underway, following the official ceremony at the site of the GBP123 million tungsten Hemerdon project in Devon. The specialty metals development company said that subject to the finalisat
Read moreLONDON (Alliance News) - Wolf Minerals Ltd Friday said its shares have now been suspended on the Australian Securities Exchange pending an announcement about its proposed capital raising. The company, which expects its shares to still be traded on AIM despite the Australian suspension, had
Read moreLONDON (Alliance News) - Prudential is the biggest gainer on the FTSE 100 Wednesday after the insurer's closely-watched operating profit grew by 17%, driven by its US and Asian operations, while G4S has plummeted after it reported a loss and finally settled wi
Read moreWolf Minerals, which has a tin and tungsten mining scheme in south-west England, has halted trading of its shares on the Australian Securities Exchange (ASX) to allow it to raise capital. Wolf, which owns the Hemerdon project in Devon, said the trading halt will remain in place until it updates the
Read moreLONDON (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
Prudential, up 4%. The group reported a sharp fall in 2013 pretax prof
LONDON (Alliance News) - Wolf Minerals Ltd Wednesday said its shares on the Australian Securities Exchange have been placed in a trading halt at the company's request. The metals exploration and development company said it asked for the suspension in order to allow a capital raise to take p
Read moreLONDON (Alliance News) - Wolf Minerals Ltd Monday said its pretax loss narrowed in its first half as foreign exchange gains offset lower revenues and higher administrative expenses. The specialty metals exploration and development company said its pretax loss narrowed to AUD1.3 million for
Read moreAIM-listed miner Wolf Minerals narrowed its first half losses as it continued to develop its flagship tungsten and tin project in Devon, England. First half losses fell to $1.3m, from a loss of $2.5m last time on revenue of $23,305, down from $41,850. The result included a $1.2m foreign exchange g
Read moreLONDON (Alliance News) - Shares have opened lower Monday amid a raft of UK corporate announcements. HSBC Holdings is the biggest faller in the FTSE 100, down 4.0%, as it reported just after the open lower-than-expected pretax profit in its recent full year.
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LONDON (Alliance News) - Wolf Minerals Ltd Tuesday said it had authorised its contractor to start the construction of its Hemerdon tungsten and tin project in the southwest of England, setting it on a timetable for commissioning and first production in mid-2015. "The commencement of constru
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