LSE Market News

Mariana Resources Announces Investment By AngloGold

Nov 17 2011 @ 10:24
In a statement released on Thursday, Mariana Resources (LSE:MARL), an AIM listed mining firm based out of Australia, announced that it has agreed to the terms of an investment by AngloGold Ashanti Limited, giving the gold giant a 19.9% stake in the company.  Mariana was up 32% in mid-day trading on Friday. Deal Details Subject […]

Aminex Climbs with Positive IMS

Nov 16 2011 @ 08:55
Aminex Plc (LSE:AEX) shares closed up 4.2% on Wednesday following the release of their Interim Management Statement. The AIM listed oil and gas company released this announcement pertaining to the period dating from 1 July until today. Among the highlights stated by the firm, their cash position as of 31 October was approximately £18 million, […]

Thor Mining Up After Issue of Equity

Nov 16 2011 @ 08:43
Thor Mining Plc (LSE:THR) released a statement on Wednesday announcing a successful raise of capital totalling £270,000.  Shares were up 17.9% to 1.15p at 10:51 am GMT. The capital was raised by placing 27,000,000 Ordinary shares to UK sophisticated clients at 1p per share. The placement of funds is scheduled to be completed by 29 […]

Game Group Shares Drop

Nov 16 2011 @ 08:12
In a press release on Wednesday, Game Group Plc (LSE:GMG) announced a significant reduction in profit, prompting a 38% drop in share price by the early afternoon. The Interim Management Statement indicated lower revenues year over year in all categories; software, hardware, pre-owned, and accessories. The company indicated that first week sales have remained high, […]

AEA Technology – Dramatic Drop After Press Release

Nov 16 2011 @ 06:24
AEA Technology Group Plc (LSE:AAT) announced in a statement on Wednesday that profits for the 2011-2012 financial year will be dramatically lower than expected and that their CEO, Andrew McCree will step down from his position immediately. AEA shares were down 84.8% to 0.3p at 11:58 am GMT following the poor news. Reasons for Profit […]

Yell Group Seeks to Re-negotiate Loan

Nov 15 2011 @ 09:09
Telephone directories business Yell Group (LSE:YELL) has officially announced it is seeking to re-negotiate its loan term.  The company behind the British Yellow Pages has been struggling under debts of £2.6bn after borrowing heavily to fund European expansion, while it has also faced stiff competition from Google. On November 8, it announced it was speaking […]

Beowulf Mining slumps to 52-week low

Nov 14 2011 @ 10:54
Following a JORC report Beowulf Mining’s (LSE:BEM) share value has fallen to a 52-week low of 17.25 during morning trading, compared to a 52-week high of 76.75. The maiden Joint Ore Reserves Committee (JORC) report on Beowulf’s Kallak North iron ore site cited deposits of 131.6 million tonnes grading 28 per cent iron. Combined with […]

Rumours of Potential Gulf Keystone Buyout Hit BBs

Nov 11 2011 @ 10:41
Gulf Keystone Petroleum (LSE:GKP) shares were up 15% by mid-morning on Friday following news that Exxon Mobil has signed contracts with Kurdistan to explore the region for oil in northern Iraq. GKP investors took to the bulletin boards on ADVFN with speculation over a possible Exxon takeover of the independent oil & gas company. Exxon […]

TXO Up after RNS Release

Nov 11 2011 @ 10:19
The board of TXO (LSE:TXO) announced on Friday that it has issued Convertible Loan Notes totalling £961,200 to high net worth individuals, directors, advisors, and institutional investors to settle outstanding fees. The notes are due for repayment by 30 April 2013 or may be converted wholly or partially into TXO ordinary shares at 0.75p per […]

Angle Plc Up 29% After News Release

Nov 11 2011 @ 09:58
In an RNS update on Friday, Angle Plc (LSE:AGL) announced that Parsortix Inc, its 90% owned subsidiary specializing in medical diagnostics, has confirmed that its cell separation device can capture prostate cancer cells. The technology has previously been proven to capture breast cancer cells and this discovery is another step in demonstrating that Parsortix separation […]
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