LSE Market News

Synchronica Wins Expansion Order

Dec 09 2011 @ 11:41
Synchronica Plc (LSE:SYNC) announced in a news release on Friday that it has received an expansion order for its services from a tier-1 mobile device manufacturer.  The news sent share prices up 13.5% to 5.25 p in mid-morning trading. Order Value According to the company, the order is valued at US$580,000 and it allows Synchronica to […]

Karelian Identifies Likely Diamond Mine Target

Dec 09 2011 @ 09:58
Karelian Diamond Resources Plc (LSE:KDR) announced successful initial results from a sampling programme on its Riihivaara target on Friday, prompting a 13.3% rise in shares to 2.125 p by the mid-afternoon. Sampling Operation Overview Following a basal till sampling programme on the target, which is located in the Kuhmo area near the company’s diamondiferous Seitapera […]

Urals Energy Concludes Taas Loan Pay-Back Deal

Dec 08 2011 @ 10:30
Urals Energy (LSE:UEN) announced on Thursday that they have reached a pay-back deal for loans made to Taas-Yurikah in 2009.  Shares in the company rose 46.1% by late afternoon, trading at 9.5p. Background on the Deal The loans were issued by Urals Energy in 2009 as part of an acquisition agreement with Taas. They used […]

Magnolia Petroleum Shares Rise Following News Release

Dec 07 2011 @ 10:15
Magnolia Petroleum Plc (LSE:MAGP) released an update on its operations in North Dakota on Wednesday prompting a share price increase of 9.1% by mid-morning trading to 0.6 p. Update on Operations According to the company report, two wells have been successfully drilled in Dunn County, North Dakota at the Skunk Creek Wells. Magnolia owns a 0.59% […]

Churchill Mining Appeals to Indonesian Government

Dec 02 2011 @ 04:55
In a statement released on Friday, Churchill Mining Plc (LSE:CHL) announced that it has filed a formal letter with the Republic of Indonesia, appealing to senior government officials for a solution to their current investment dispute. In response to the news, the share price went up over 50% to 14.5p by the early afternoon. In […]

Solomon Gold Announces Resource Upgrade

Nov 30 2011 @ 10:01
Solomon Gold Plc (LSE:SOLG) announced on Wednesday a resource upgrade for their Rannes site in Central Queensland, Australia.  The news drove the share price up over 40% by mid-afternoon trading. The statement released by the company on 30 November informed investors that the Inferred Resource Estimate at the Rannes site has increased by 20% from […]

Angel Mining Share Price Drops

Nov 30 2011 @ 09:53
Angel Mining Plc (LSE:ANGM) released a statement containing unaudited financial information for the six month period ending 31 August, 2011.  The news propelled the share price down as far as 28% in early trading on Wednesday. Financial Results The company reported a loss of $1,654,000 for the period, a dramatic reduction from the same period […]

Cyan Holdings - Indian Smart Meter Market Development

Nov 30 2011 @ 05:50
In a news release distributed on Wednesday, Cyan Holdings Plc (LSE:CYAN) announced substantial developments in the Indian smart metering electricity market, prompting a share price increase of 46.3% to 0.79p by 4:00pm GMT. The announcement comes following The Smart Energy Conference, held in Delhi from the 14th to the 16th of November, where Cyan was […]

Thomas Cook shares rebound 34%

Nov 28 2011 @ 06:13
The share value of travel firm Thomas Cook (LSE:TCG) rebounded 34% during morning trading after reaching an agreement with its creditors . The Thomas Cook Group announced “a new facility that significantly improves the robustness of the Group’s financial position”. The news follows a 75% drop in share value last Tuesday after it was revealed that the firm’s […]

Serabi Gold Drilling Update Released

Nov 24 2011 @ 11:26
Serabi Gold Plc (LSE:SRB), a UK based gold exploration company with an operational focus on Brazil, released a statement on Thursday announcing positive preliminary results from drilling activities on the south-eastern strike extension of their Palito deposit.  The AIM traded company share price was up 2.5% at 3:11 pm GMT following the news release. Operational […]
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