Ferrex Gets Positive Exploration Update From Nayega Manganese Project
16th Oct 2014 08:55
LONDON (Alliance News) - Ferrex PLC Tuesday said it has signed up a drilling contractor for a new programme at the Malelane Iron Ore Project in South Africa, and has agreed to pay the unnamed company in both cash and shares. The exploration and development company, with iron ore and mangane Read More
LONDON (Alliance News) - Ferrex PLC Monday said its pretax loss narrowed slightly in its first-half as administrative and exploration costs fell at the company as it continues to progress the development of its assets. The exploration and development company, with iron ore and manganese dep Read More
LONDON (Alliance News) - There was some bad drilling news for two of the UK's leading oil stocks, as resource companies dominated corporate news Tuesday morning. <strong>Tullow Oil</strong> PLC said it will plug and abandon the exploration well 31/2-21S in the Gotama prospect, offs Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>InterContinental Hotels</strong> Group, up 5.8%. The hotel chain has rejected a GBP6 b Read More
LONDON (Alliance News) - Ferrex PLC Tuesday said high iron values have been returned from rock samples collected as part of a mapping programme in February to increase the mineralised area at its 309 square kilometres Mebaga direct shipping iron ore project in northern Gabon. The exploratio Read More
LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.<br /><br />The mid-cap FTSE 250 is outperforming once again, led by<strong> AVEVA Group</strong>, which raised its total dividend and expressed confiden Read More
LONDON (Alliance News) - Metals and minerals producer <strong>Centamin</strong> is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.<br /><br />Centamin said pretax profit f Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br /><strong>FTSE 100 - LOSERS</strong><br /><br /><strong>Barratt Developments</strong>, down 2.1%. Following the quarterly FTSE review on Ma Read More
LONDON (Alliance News) - Ferrex PLC Monday said it has agreed to issue GBP1.7 million worth of shares in order to continue the development of its African iron ore and manganese assets, as well as for working capital purposes. The AIM-quoted iron ore and manganese development company in Afri Read More
LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.<br /><br /><strong>Kentz</strong> Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di Read More
LONDON (Alliance News) - Ferrex PLC Wednesday said Managing Director Dave Reeves bought 4.8 million shares at a price of 1.75 pence per share. Following this transaction, Reeves now has an interest in 117.3 million shares representing approximately 15.33% of the total voting rights. S Read More
(An item published at 1234 GMT misstated the ECB interest rate. The correct version follows.) LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the i Read More
LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the influence and expansion potential of the European Union.<br /><br />As expected, the BoE has kept its Read More
LONDON (Alliance News) - Ferrex PLC Thursday said exploration activities at its Mebaga Iron Ore Project have found an additional high grade iron ore space in the eastern half of the licence. The exploration and development company, with iron ore and manganese deposits in Africa, said geolog Read More
LONDON (Alliance News) - Ferrex PLC Tuesday said its pretax loss widened in its full year 2013 as it develops toward first production at its African operations. The exploration and development company, with iron ore and manganese deposits in Africa, said its pretax loss widened to USD1.7 mi Read More