Member Info for banjomick

· The Group has delivered a strong performance in very challenging markets o Continuing Underlying Operating Profit of £42.8m o Excellent cash generation and our Simplification Programme have resulted in Net Debt of only £1.0m at the end of the year · Underlying trading for the year was broadly in line with management's expectations · Group Simplification Programme is now substantially complete, leading to the disposal of Imperial Tankers and the closure of our Monckton coke operation · Markets remain challenging with a further fall in the coal price since the interim results and a number of potential coal fired power station closures announced · Final dividend significantly increased to 20.0 pence per share from 16.7 pence per share reflecting the previously announced decision to move to a higher payout ratio and the strong cash generation despite the difficult trading conditions · Strengthened balance sheet and strategic options under active review Commenting on the results, Chairman Tim Ross said: "The last two years have presented the coal industry with extremely challenging market conditions. The Board has worked hard to ensure controllable risks are managed and to minimise the impact of risks beyond our control. We were clearly right to initiate the Simplification Programme last year. With a significant restructuring exercise largely behind us, we can concentrate on our strategic options to deliver future shareholder value." (1) Continuing Operating Profit is stated before simplification costs of £9,130,000 (2) Continuing Underlying Operating Profit is stated excluding the simplification costs, the impact of the Biomass conversion project settlement, the amortisation of acquired intangibles and impairment of goodwill, impairment of non-current assets, and including share of profit in associates and joint ventures before tax (3) Continuing Underlying Profit before Tax and Continuing Underlying Diluted EPS are stated excluding the simplification costs, the impact of the Biomass conversion project settlement, the amortisation and impairment of acquired intangibles, impairment of non-current assets and gain on disposal of subsidiaries (4) Net debt comprises cash and cash equivalents, bank overdrafts and other interest bearing loans and borrowings http://ir1.euroinvestor.com/asp/ir/Hargreaves/NewsRead.aspx?storyid=13202758&ishtml=1

Hargreaves Services plc (AIM: HSP), the UK's leading supplier of solid fuels and bulk material logistics, announces that it will report results for the year ended 31 May 2015 on Tuesday 11 August 2015.

4 June 2015 GOLDSTONE RESOURCES LIMITED ("GoldStone" or the "Company") Increased interest in the Homase Licence: Homase/Akrokerri Project, Ghana GoldStone Resources Ltd (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, is pleased to announce that the Company has signed an addendum agreement with its Homase joint venture partner, Cherry Hill Mining Company Ltd ("Cherry Hill"), to expedite the increase of the Company's interest in the Homase licence ("Interest") to 90% from its current Interest of 65%. Under the terms of the original joint venture agreement with Cherry Hill announced 19 October 2009 (the "Agreement"), GoldStone was to earn up to a 90% Interest by meeting certain contractual hurdles, funding exploration and development costs through to the conclusion of a feasibility study, as well as paying certain participation fees to Cherry Hill. The Company and Cherry Hill (together the "Parties") have now agreed an addendum to the Agreement (the "Addendum") whereby GoldStone's current Interest of 65% will increase to 90% on payment of US$25,000 to Cherry Hill. Jurie Wessels, CEO of GoldStone commented: "In return for US$25,000 the Company is adding attributable mineral resources of 101,750 oz Au and hurdling two significant contractual objectives to attain a 90% interest in the Homase licence, thereby obtaining ownership of 93% of the Homase/Akrokerri mineral resource." Further information on the Agreement and Addendum The Addendum simplifies the Agreement and provides a number of benefits to the Company, being: · The removal of contractual hurdles to earn a 90% Interest, including the requirement of expenditure towards a feasibility study to earn an 85% Interest (estimated as significant), and further development expenditure to earn an additional 5% Interest; · The removal of the option of Cherry Hill to contribute to development costs and so retain a 15% interest in the licence at their election; · The removal of the deadline to reach an 85% Interest, previously 18 March 2016, and removal of Cherry Hill being able to sell up to a 25% interest to a third party if the deadline isn't met; · Added certainty to the Company attaining ownership of an additional attributable mineral resource of 101,750 oz Au; and · More attractive conditions of the final US$60,000 participation fee to be paid to Cherry Hill, now being on the conclusion of a successful feasibility study, rather than on commencement of expenditure towards a feasibility study, successful or otherwise. Further exploration and development costs on the Homase licence will be met in full by the Company. Should the Company complete a successful feasibility study, the Parties will negotiate in good faith to agree on the terms and conditions for the buyout of Cherry Hill's remaining 10% inte

The India Times article and news of increased coal production may be good for HSP: Hargreaves Mining India Hargreaves Mining India Pvt Ltd is a new venture created to support the growth of coal mining in India and contribute to its further success in underground and surface operations. http://www.hsgplc.co.uk/divisions/industrial-services/hargreaves-mining-india.aspx Coal production surges 11% in first 45 days of 2015-16 amid core sector misery By Vikas Dhoot, ET Bureau | 20 May, 2015 NEW DELHI: India's coal production has surged by 11% in the first 45 days of 2015-16, assuming greater significance as it comes on the back of the highest increase in output in 40 years recorded last fiscal. Core sector growth dipped to a 17-month low of -0.1% in March, but coal output rose by 6% that month. "From a scenario last year when outages were common and power plants were suffering for want of coal, all power plants in the country today have an average 20 days of coal inventory. Coal supply is no longer a problem," a top government official told ET, adding that several new mines are coming on stream as even Oppositionruled states like West Bengal are now backing coal projects. In 2014-15, Coal India produced 493 million tonnes of coal. "This marked a 32 million tonne surge in output which is more than the cumulative increase recorded in the previous four years (31 million tonnes) and the highest since 1975," the official said, adding that output has increased by 11% between April 1 and May 15 this year. More from link below: http://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/coal-production-surges-11-in-first-45-days-of-2015-16-amid-core-sector-misery/articleshow/47349703.cms Also of interest: India’s Coal Industry: The Single Biggest Source of Energy A total of 1,199 new coal-based thermal power plants with a total installed capacity of more than 1.4 million MW proposed worldwide, the lion’s share—455 plants—are in India, according to data from the World Resources Institute. India is overwhelmingly dependent on fossil fuels—coal, oil and gas—which meet more than three fourths of the country’s energy needs, despite Modi’s plans to promotealternative energy sources. Of the fossil fuels, oil and gas account for just about 30% of India’s energy needs, the bulk imported (80% in the case of crude oil). India has abundant reserves of coal, the fourth-largest in the world. http://www.globalresearch.ca/indias-coal-industry-the-single-biggest-source-of-energy/5449946

Nigel Davis appointed to expanding Optare Sales Team May 14, 2015 Nigel Davis has joined Optare’s expanding sales team as Regional Business Development Manager and will cover London and the South of England. Nigel has over 18 years experience in business development. Tim Matthews, Head of Optare Sales, said, “I am thrilled to welcome Nigel to Optare, he brings with him a wealth of experience in business development and transferable technical experience from many years working within the rail, construction and electrical industries.” Nigel Davis, added, “I am delighted to be joining the team at Optare and aim to bring a fresh approach to working with operators in London and the South of England. I am particularly looking forward to driving Optare's vision for greener travel through electric vehicle technologies, especially within the London market.” http://www.optare.com/news/2015/5/14/nigel-davis-appointed-to-expanding-optare-sales-team