LONDON (Alliance News) - The European Central Bank on Thursday cut its key interest rate to a record low and embraced a negative deposit rate, the first for a leading central bank, as it tries to fight the low inflation that is threatening to derail the euro area's fragile economic recovery.<b Read More

UK WINNERS & LOSERS: ASOS Drops 27% After Profit Warning

5th Jun 2014 10:21

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Smith & Nephew, up 5.1%. Hot on the heels of Stryker Corp denying plans Read More

Paragon Diamonds Gets Positive Results From Lemphane Modelling Report

5th Jun 2014 07:47

LONDON (Alliance News) - Paragon Diamonds Ltd Thursday said it has received positive results from an independent modelling report at the Lemphane kimberlite pipe project in Lesotho, supporting improved economics of the project ahead of the start of production. The Lesotho-focused diamond de Read More

Paragon Diamonds 2013 Loss Widens On Fair Value Adjustments

23rd May 2014 11:44

LONDON (Alliance News) - Paragon Diamonds Ltd Friday said its pretax loss widened slightly in 2013 as a reduction in administration costs was offset by a loss in fair value of its derivative financial instruments. The Lesotho-focused diamond development and production company, which is yet Read More

Paragon Diamonds Moves To Stage 1 Mining Development Phase On Lemphane Project

12th May 2014 12:16

LONDON (Alliance News) - Paragon Diamonds Ltd Monday said it is moving towards the stage 1 mining development phase at the Lemphane project as it went ahead with a conditional deal that will result in it retaining an 80% stake in its Lesotho subsidiary, Meso Diamonds, with the government of Lesot Read More

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