LONDON (Alliance News) - Diamond mining company DiamondCorp PLC Monday said a group of executives and a non-executive director have purchased a total of 758,000 shares. Chairman Euan Worthington bought 213,000 shares at a price of 7.50 pence per share, the company said. Following this trans Read More

Diamondcorp Narrows Annual Loss On Lower Costs

3rd Jun 2014 14:54

LONDON (Alliance News) - Diamondcorp PLC Tuesday said it narrowed its losses in 2013 due to further cuts in overhead costs and general and administrative expenses. The diamond producer reported a pretax loss of GBP2.6 million in 2013, compared with a loss of GBP3.5 million in 2012. Th Read More

DiamondCorp Says Lace Diamond Mine Development On Track

30th Apr 2014 15:08

LONDON (Alliance News) - DiamondCorp PLC said Wednesday that it remains on track for commercial production ramp up from underground kimberlite mining to begin in the second half of 2015 at its Lace Diamond mine in South Africa. The company said that underground development at the mine, via Read More

UK MIDDAY BRIEFING: FCA To Review Pensions, Life Insurance Policies

28th Mar 2014 13:25

LONDON (Alliance News) - The life insurance sector was dragging down UK stock indices again Friday after the UK Financial Conduct Authority said it is set to begin an inquiry into up to 30 million policies sold from in the years prior to 2000. The FTSE 350 sector is down 5.0% in rea Read More

UK WINNERS & LOSERS: Strategic Natural Rebounds; Life Insurers Fall

28th Mar 2014 11:33

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Glencore Xstrata, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4 Read More

DiamondCorp Announces Placing To Raise GBP2.1 Million

28th Mar 2014 10:45

LONDON (Alliance News) - DiamondCorp PLC Friday announced that it has placed 41.5 million shares in the company at a price in order to raise gross proceeds of roughly GBP2.1 million. The Southern African diamond development, exploration and mining company said the placing comprises of 36.5 Read More

UK MIDDAY BRIEFING: Equity Markets Turn Lower Again

30th Jan 2014 13:54

LONDON (Alliance News) - Global equity markets have turned lower once again Thursday after the Federal Reserve cut its massive monthly bond-buying by a further USD10 billion late Wednesday, taking it down to USD65 billion, from USD85 billion in November. Equity markets had risen in Read More

UK WINNERS & LOSERS: Serco Plummets On Profit Warning

30th Jan 2014 11:41

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS British Sky Broadcasting Group, up 3.1%. BSkyB has raised its dividend Read More

Diamondcorp's Underground Development At Lace Diamond Mine Is On Time, Under Budget

30th Jan 2014 11:25

LONDON (Alliance News) - Diamondcorp PLC Thursday said underground development at its 74%-owned Lace diamond mine in the Free State province of South Africa, remains close to schedule and under budget. The Southern African diamond development and exploration company said steel sets are now Read More

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