Mining company BHP liable for deadly Brazilian dam collapse - judge
(Alliance News) - Mining company BHP can be held "strictly liable" for a deadly dam collapse in Brazil, the High Court has ruled. Read More
(Alliance News) - Mining company BHP can be held "strictly liable" for a deadly dam collapse in Brazil, the High Court has ruled. Read More
Vast Resources PLC - copper and polymetallic miner in Romania, Tajikistan, and Zimbabwe. - Vast says it has "no current intention" to conduct an equity raise to satisfy a debt repayment due on December 31. The comment comes as part of response by Vast to questions from shareholders to the company and posted on investor foruwhichms. Vast Resources had USD12.0 million in debt as of its most recent financial year-end on April 30. One of its lenders started a process to enforce the security given to it by a Vast shareholder. Back in October, Vast raised GBP2.0 million from the placing of 1.11 billion shares at 0.18p. The fresh equity was used to repay USD1 million in debt, as well as for work to resuming operations at the Baita Plai mine and reopening the Manaila mine, both in Romania. On Tuesday, it says that, "assuming the right sales conditions", the proceeds from the sale of a diamond parcel alone will be sufficient to repay its outstanding debt. Otherwise, it will draw upon "alternative funding measures", though not an equity placing. The parcel includes 126,677 carats of stones. Read More
(Alliance News) - A trade union has urged the chancellor not to "sacrifice" oil and gas workers and ease the windfall tax at the budget this month. Read More
(Alliance News) - Bodycote PLC on Tuesday reported improving trading momentum across most of its end markets in the four months to October 31, although group revenue growth remained held back by ongoing plant closures under its restructuring programme. Read More
(Alliance News) - Softcat PLC on Tuesday reported "encouraging" progress in its financial first quarter, with growth broad-based across the business. Read More
(Alliance News) - FirstGroup PLC on Tuesday reported increased first half profit boosted by acquisitions, but cautioned the loss of the South Western Railway national rail contract will lead to "marginally" lower revenue in First Rail. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Greencore Group PLC on Tuesday posted a strong rise in annual earnings while it reported it has sold a Bristol site to secure regulatory backing for its takeover of Bakkavor Group PLC. Read More
(Alliance News) - Diploma PLC on Tuesday reported profit growth in its full-year results, driven by a high revenue in its Controls business. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Crest Nicholson Holdings PLC on Tuesday warned pretax profit will be at the bottom end of market expectations amid challenging trading ahead of the budget. Read More
LondonMetric Property PLC - London-based real estate investment trust focused on logistics, healthcare, convenience, entertainment and leisure properties - Spends GBP51.1 million to buy a logistics warehouse at East Midlands airport and a hotel at Manchester airport, both in England. The 450,000 square foot airside logistics facility is let to US delivery firm United Parcel Service Inc at a rent of GBP1.2 million per year. The Clayton hotel has 365 rooms and generates GBP1.1 million in annual rent. As well, LondonMetric sells five properties acquired as part of its takeover of Urban Logistics REIT. The urban warehouse and four industrial open storage centres are sold for GBP22.1 million. LondonMetric notes it now has sold eight Urban Logistics properties in total, having completed its acquisition of the former FTSE 250 listing for GBP698.9 million in June. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - ICG PLC on Tuesday said European asset manager Amundi SA will take a near 10% stake in the firm as it reported better-than-expected half-year results. Read More
(Alliance News) - The competition watchdog has opened investigations into StubHub, Viagogo, AA Driving School, BSM Driving School, Gold's Gym, Wayfair, Appliances Direct and Marks Electrical over their online pricing practices. Read More