LONDON BROKER RATINGS: Berenberg cuts Rio Tinto; UBS cuts Fresnillo
3rd Jul 2025 09:45
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
Adriatic Metals PLC - mining company operating in Bosnia & Herzegovina - Achieves commercial production at its Vares silver operation in Bosnia & Herzegovina, following the resolution of previous constraints related to tailings management. The firm has maintained plant throughput levels of 75% over 14 days, including 80% over 7 days, and reaching 2,000 tonnes per day, 90%, in late June. Construction of the Veovaca tailings storage facility had been completed in March, with initial tailings deposition beginning on April 2. Meanwhile, mining activities at the company's Rupice project are "progressing well", Adriatic Metals says, with around 900 metres of underground development completed in the second quarter. "We are proud to announce the achievement of commercial production at the Vares silver operation, marking a significant milestone that demonstrates our ability to operate at production levels that support strong cash generation," says Adriatic Metals Chief Executive Officer & Managing Director Laura Tyler. Earlier this month, Adriatic Metals had accepted a USD1.25 billion takeover offer from Dundee Precious Metals Inc. Read More
(Alliance News) - London's FTSE 100 is set to open broadly flat on Tuesday, ahead of a vote in Parliament on Labour's proposed welfare cuts and following a delay in the decision on post-Brexit EU food labelling. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stocks were called higher in London on Monday as the conflict between Israel and Iran continues. Read More
(Alliance News) - European equities opened sharply lower on Friday, on geopolitical worries, after Israel struck Iranian nuclear facilities. Read More
(Alliance News) - Adriatic Metals PLC on Friday said it has accepted a USD1.25 billion takeover offer from Dundee Precious Metals Inc. Read More
(Correcting currency of bid for Adriatic Metals.) Read More
(Alliance News) - The FTSE 100 is set to open lower on Friday, though its oil majors could save it from a deeper decline, as Brent prices jumped following an Israeli strike on Iran's nuclear facilities. Read More
(Alliance News) - Adriatic Metals PLC shares surged on Tuesday as it confirmed it is in discussions about a possible takeover offer from Dundee Precious Metals Inc. Read More
(Alliance News) - Adriatic Metals PLC on Monday reported a wider annual loss despite booking its first revenue, as 2024 marked Adriatic's transition from mine developer to metals producer at its flagship Vares silver operation. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - London is called to open lower on Wednesday, following soft UK inflation data and ahead of expected spending cuts in Chancellor Rachel Reeves' spring statement. Read More
Adriatic Metals PLC - operates Rupice silver mine and Vares processing plant in Bosnia and Herzegovina - Raises AUD80.0 million, about USD50 million, in a share placing with institutional investors. The two-tranche placing of 20.5 million Chess depositary interests at AUD3.90 per share, about 197 pence, was first announced after the London market close on Monday. The first tranche worth AUD43.3 million will take place immediately, while an additional AUD36.7 million in new shares require approval at a general meeting to be called for March. These are expected to start trading on March 20. The fresh cash will be used to expand the Vares processing plant and to develop the Rupice mine toward nameplate production in the second half of 2025. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - London's FTSE 100 is called to open a touch higher on Thursday, ahead of a European Central Bank decision, and as investors digest a Federal Reserve pause. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More