LONDON MARKET CLOSE: Europe mixed but US stocks up after nonfarms
8th Mar 2024 16:56
(Alliance News) - Stocks in London closed mixed on Friday, though trade was more confident in New York, on the back of a favourable US jobs report. Read More
(Alliance News) - Stocks in London closed mixed on Friday, though trade was more confident in New York, on the back of a favourable US jobs report. Read More
MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Receives a takeover proposal from Vulcan Resources Ltd, owner and operator of the Moatize coal mine in Mozambique. Vulcan offers between AUD0.17 and AUD.20 per MC Mining share, valuing it at between AUD69.34 million and AUD81.58 million, around GBP35.9 million to GBP42.2 million. MC Mining says the Vulcan proposal does not constitute a formal offer, but it notes that the takeover price is higher than that proposed by Goldway Capital Investments Ltd last month. Read More
(Alliance News) - MC Mining Ltd on Monday again urged its shareholders to reject a takeover offer from Goldway Capital Investments Ltd. Read More
(Alliance News) - MC Mining Ltd said on Thursday its independent board had rejected a takeover offer from Goldway Capital Investments Ltd. Read More
(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month. Read More
(Alliance News) - MC Mining Ltd on Friday advised its shareholders to take no action after it received a takeover offer from Goldway Capital Investments Ltd. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Goldway Capital Investments Ltd on Friday said it made a takeover offer for MC Mining Ltd. Read More
(Alliance News) - MC Mining Ltd on Wednesday reported strong output and robust sales at its local coal mine in the second quarter of its financial year, and said that it sought to speed up production at its flagship Makhado project. Read More
(Alliance News) - MC Mining Ltd on Wednesday said a consortium that initially made a "non-binding and indicative off-market" takeover bid in November had delayed its offer. Read More
(Alliance News) - MC Mining Ltd on Friday repeated that shareholders should "take no action" over the revised "non-binding and indicative off-market" takeover offer from Senosi Group Investment Holdings Pty Ltd and Dendocept Pty Ltd. Read More
(Alliance News) - MC Mining Ltd said on Friday it is exploring ways to speed up the start of production at its flagship Makhado coking coal project in Limpopo. Read More
(Alliance News) - MC Mining Ltd on Monday recommended its shareholders to "take no action" over the revised "non-binding and indicative off-market" takeover offer from Senosi Group Investment Holdings Pty Ltd and Dendocept Pty Ltd. Read More
(Alliance News) - MC Mining Ltd on Thursday said it received a letter from two companies that together own a majority stake intending to buy it, advising its shareholders to take no action. Read More
(Alliance News) - MC Mining Ltd on Tuesday reported an increase in coal production in the first quarter, even though prices continued to plunge. Read More
(Alliance News) - MC Mining Ltd said on Thursday its annual loss shrank as the coal producer explored several ways to raise additional funding for its flagship Makhado coking coal project in Limpopo. Read More
(Alliance News) - MC Mining Ltd on Monday reported lower coal production due to geological setbacks and the electricity crisis in South Africa. Read More
MC Mining Ltd said on Tuesday it expects to conclude fund raising for its flagship Makhado coking coal project in Limpopo, South Africa in the second half of this year. Read More
MC Mining Ltd - Western Australia-based coal miner - Says it is making "steady progress" with "critical" early works activities at its flagship Makhado coking coal project in Limpopo. Revises Makhado life of mine up significantly by over 27%, with higher annual mine production rate up around 25%. Says these results demonstrate robust project financial returns, while using conservative cost, macro-economic and coal price assumptions. Read More