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Thursday 03 July, 2014

03-Jul-2014 04:28 PM

Kirkland Lake closes flow-through financing

Kirkland Lake Gold has closed its flow-through financing for gross proceeds of C$7.5m. National Bank Financial acted as lead underwriter in connection with the offering. The company issued an aggregate of 1,923,205 common shares at C$3.90apiece (incl
03-Jul-2014 04:06 PM

Quadrise gives update on projects

Quadrise Fuels International has issued a half year update on its principal project programmes. The emerging supplier of MSAR, a low-cost alternative to fuel oil in the shipping, refining and power generation markets, said highlights were: Marine: ·
03-Jul-2014 04:02 PM

Market Movers - Top risers and fallers between 15:00 and 16:00

Overall Market MediaZest 0.23 +4.55% New World Resources 13.25 +2.87% Tangiers Petroleum 13.00 +0.93% Sportech 92.38
03-Jul-2014 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 Sports Direct International 768.00 +5.49% Antofagasta 818.25 +4.70% Imperial Tobacco Group 2693.50 +3.64% Fresnillo 932.75 +3.
03-Jul-2014 03:43 PM

DTEK appoints commercial director

DTEK has appointed Vitaly Butenko as commercial director. DTEK says he is familiar with the group's business having served as director for strategy, mergers and acquisitions from April 2007 to August 2010. Butenko takes over as commercial director f
03-Jul-2014 03:35 PM

Montanaro European Smaller Cos resolutions passed at AGM

Montanaro European Smaller Companies Trust has confirmed that all 14 resolutions proposed at its annual general meeting today were duly passed. At 3:35pm: (LON:MTE) Montanaro European Smaller Cos Trust PLC share price was +2.5p at 514.5p Story provid
03-Jul-2014 03:33 PM

Vodafone offer document for Cobra approved

Vodafone says the offer document relating to the voluntary tender offer for the entire fully diluted ordinary share capital of Cobra Automotive Technologies has been approved by Consob, the Italian regulator. At 3:33pm: (LON:VOD) Vodafone Group PLC sh
03-Jul-2014 03:23 PM

Antofagasta unit terminates option for TMM stake

Antofagasta subsidiary Northern Minerals Investment (Jersey) has terminated its option to acquire an additional 25% of Twin Metals Minnesota LLC. Duluth Metals now has a right under to purchase, within 180 days, Antofagasta's 40% of TMM for a price
03-Jul-2014 03:17 PM

IAG traffic figures rise

Traffic at International Consolidated Airlines Group - the holding company of British Airways and Iberia - rose by 5.9% in June in revenue passenger kilometres. Group capacity measured in available seat kilometres rose by 8.5% Group premium traffic f
03-Jul-2014 03:09 PM

ISM services index slips to 56

The Institute for Supply Management's Purchasing Managers' Index for the non-manufacturing sector fell slightly to 56% in June from 56.3% in May. A fall to 56.2% had been forecast. Story provided by
03-Jul-2014 03:02 PM

Market Movers - Top risers and fallers between 14:00 and 15:00

Overall Market StratMin Global Resources 7.38 +1.79% Optimal Pay 453.38 +1.09% Acal 225.75 +0.78% PV Crystalox Solar 18.00
03-Jul-2014 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 Sports Direct International 767.00 +5.36% Antofagasta 811.75 +3.87% Weir Group 2712.00 +3.08% easyJet 1365.50 +3.
03-Jul-2014 02:50 PM

Markit 'final' US services PMI up from May

The performance of the US service sector picked up again in June, with output, new business and employment all rising at the fastest rates since the survey began almost five years ago. The final Markit US Services Purchasing Managers' Index regi
03-Jul-2014 02:35 PM

CMA publishes Graphic Packaging-Benson Box decision

The Competition and Markets Authority has published the text of its decision on the anticipated acquisition by Graphic Packaging International of Benson Box Holdings which was cleared on 20 May. This decision can be found on the Competition and Markets A
03-Jul-2014 02:34 PM

NESF to acquire solar power plant

NextEnergy Solar Fund has signed a share purchase agreement to acquire a special purpose vehicle owning the rights to construct a solar power plant. The plant is Bilsham Solar Power Plant located in Sussex. Bilsham has two phases: phase one comprising
03-Jul-2014 02:09 PM

Shires Income resolutions passed at AGM

Shires Income has confirmed that all resolutions proposed at the annual general meeting today were passed. At 2:09pm: (LON:SHRS) Shires Income PLC share price was +1.75p at 256.75p Story provided by
03-Jul-2014 02:07 PM

Iafyds equity issue approved

Shareholders at the Iafyds annual general meeting have approved the issue of 3,666,666,666 ordinary shares to Henderson Global Investors for £110,000 announced on 6 June. All resolutions proposed at the AGM were passed. At 2:07pm: (LON:IAF) Iafyds
03-Jul-2014 02:02 PM

Market Movers - Top risers and fallers between 13:00 and 14:00

Overall Market London Mining 43.63 +2.35% Magnolia Petroleum 1.15 +1.77% Johnston Press 4.03 +0.75% Victoria Oil & Gas 1.46
03-Jul-2014 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 Sports Direct International 768.25 +5.53% Antofagasta 812.00 +3.90% easyJet 1364.50 +2.98% Weir Group 2694.50 +2.
03-Jul-2014 01:45 PM

US jobless claims up by 2000

US initial unemployment claims rose to 315,000 in the week ending 28 June, 2000 up on the previous week which was revised up by 1000 to 313,000, the US Department of Labor said. The 4-week moving average was 315,000, an increase of 500 from the previou
03-Jul-2014 01:41 PM

US average earnings rise

US average hourly earnings for all employees on private non-farm payrolls rose by 6 cents to $24.45 in June, following a 6-cent increase in May, according to the US Bureau of Statistics. Over the past 12 months, average hourly earnings have risen by 2.
03-Jul-2014 01:40 PM

US unemployment rate falls to 6.1%

The US unemployment rate fell by 0.2 percentage point to 6.1% in June, the US Bureau of Labor Statistics said today. The number of unemployed persons decreased by 325,000 to 9.5 million. Story provided by
03-Jul-2014 01:38 PM

US adds 288,000 jobs in June

US non-farm payroll employment increased by 288,000 in June, according to the US Bureau of Labor Statistics. Job gains were widespread, led by employment growth in professional and business services, retail trade, food services and drinking places, and h
03-Jul-2014 01:36 PM

US trade gap narrows

The US trade deficit fell to $44.4bn in May, down from a revised $47.0bn in the April in April, according to the US Census Bureau. May exports were $2.0bn more than April exports of $193.5bn while May imports were $0.7bn less than April imports of $24
03-Jul-2014 01:13 PM

Savannah appoints adviser

Savannah Resources has appointed RFC Ambrian as the company's nominated adviser and broker with immediate effect. Savannah chief executive David Archer said: "RFC Ambrian is a trusted adviser to natural resources companies across the value spe

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