SMALL-CAP WINNERS & LOSERS: Gem Resources shines; Resolute Mining down
12th Feb 2025 10:33
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
Resolute Mining Ltd - Africa-focused gold miner - Says Terry Holohan will step down from the chief executive and managing director roles with immediate effect, following the announcement in mid-December that Holohan would be taking a leave of absence to be with his family. Holohan is discussing the terms of a proposed settlement with the firm, in connection with his termination of employment. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London closed lower on Friday, with US import and export prices showing sharp increases and the UK government planning new measures to support onshore wind farm projects. Read More
Resolute Mining Ltd - Africa-focused gold miner - says Chief Executive Terry Holohan is taking a leave of absence, effective immediately and lasting until January 31. Chief Financial Officer Chris Eger is filling in as CEO during this time, with Resolute's Financial Controller Dave Jackson becoming acting CFO. This follows the detaining and subsequent release of Holohan and two employees last month by the Mali authorities amid a tax dispute. Non-Executive Chair Andrew Wray says: "On behalf of the entire company I would like to wish Terry well as he takes a break to be with his family. Chris and Terry are an excellent team overseeing the growth of the business. Given the recent challenges in Mali and his knowledge of the business, Chris is the natural person to lead the company as acting CEO." Read More
(Alliance News) - Resolute Mining Ltd on Friday said it has made a further payment to the government of Mali as part of its dispute resolution. Read More
Resolute Mining Ltd - Africa-focused mining firm with projects in Mali and Senegal - Celebrates the release of its Chief Executive Officer Terence Holohan as well as two employees from detainment in Mali. They had been detained in the country since last week over a tax dispute. The three are safe, well and have departed the country, Resolute says. On Monday, the Perth, Australia-based firm said it executed a memorandum of understanding with the Malian government amid a tax row and employee safety concerns. The MoU, expressed as a signed protocol, sets the framework for the firm's future operations in the country, with regard to both maintaining the safety of its employees and the migration of its assets in Mali to the 2023 Mining Code. Read More
(Alliance News) - Resolute Mining on Monday said it has executed a memorandum of understanding with the Mali government amid a tax row and employee safety concerns. Read More
(Alliance News) - The FTSE 100 was called to open lower on Monday, ahead of trade balance data from the eurozone and comments from Bank of England Governor Andrew Bailey. Read More
(Alliance News) - Resolute Mining Ltd shares were suspended from trading in Sydney on Thursday, with its chief executive officer still detained in Mali over a tax dispute with the government. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Corrects to clarify that Croda did not change its outlook.) Read More
(Alliance News) - The FTSE 100 was called to open higher on Monday ahead of an extremely quiet data schedule, and as economists consider how close their nation is to Donald Trump's good books. Read More
(Alliance News) - The chief executive and two employees of Australian company Resolute Mining Ltd, which owns a gold mine in Mali, were detained while in Bamako to discuss disputes with the authorities, the firm said on Sunday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Resolute Mining Ltd on Thursday saw its shares rise, after announcing both an increased mineral resource at Mako Satellite Tomboronkoto, and an initial mineral resource at Mansala. Read More
(Alliance News) - Resolute Mining Ltd said on Wednesday that it had signed a senior debt facility of up to USD140 million to strengthen its liquidity and expand growth opportunities. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Resolute Mining Ltd on Monday said performance was strong in the second quarter as the company benefited from increasing gold prices and improved efficiencies. Read More