LSE Market News

Shares of nickel and zinc producer, Talvivaara Mining Company plc (LSE:TALV), recovered a few pence earlier today after the firm said the leakage in its Sotkamo mine in Finland has stopped but were still down by more than a fourth of their value before the leakage happened 10 days ago. At 11:45 AM GMT, Talvivaara’s […]

Shares of nickel and zinc producer, Talvivaara Mining Company plc (LSE:TALV), recovered a few pence earlier today after the firm said the leakage in its Sotkamo mine in Finland has stopped but were still down by more than a fourth of their value before the leakage happened 10 days ago. At 11:45 AM GMT, Talvivaara’s share […]

The world’s largest mining group, BHP Billiton plc (LSE:BLT) is breaking its engagement with its diamond business after deciding to sell Canada’s first diamond mine to jewellery designer Harry Winston for US$500 million, in line with the miner’s move to transform itself into a “simpler business”. In a statement, BHP Billiton said it has signed […]

I happen to think that shares in AIM listed IT recruitment business Interquest (LSE:ITQ) are cheap but today’s announcement on director dealing is one of those ones which asks the question? Why? What are you trying to say? The statement says that CEO Gary Ashworth has bought 10,000 shares at 45.75p per share. So with […]

According to market theory, it doesn’t really matter when you buy or sell, so long as you buy cheap and sell … not cheap! As such, I sold Enterprise Inns (LSE:ETI) yesterday. It’s 50/50 as to whether the stock will continue to go on up. Yet I was on around 140% profit, and the price, […]

Shares of global diversified miner Anglo American plc (LSE:AAL) were being drilled on two accounts today, as its iron ore business on both sides of the Atlantic, the costly Minas – Rio Project in Brazil and the strike-hit Kumba Iron Ore in South Africa, suffered setbacks that are anticipated to hurt the company’s 2012 financial […]

AIM Listed Firestone Diamonds (LSE:FDI) was a duff tip from me from my days at t1ps.com. Even when you average gain per tip over 12 years was 42.7% you have losers and this was one of them. I advised bailing out at 6.125p on October 25th. Results are out today, the shares are still 6.125p but […]

Shares of Mercom Oil Sands plc (LSE:MMO) plunged on the London Stock Exchange today after the company failed to close the deal to complete the acquisition of 50% interest in four oil sand leases in Canada after several months of negotiation with its joint venture partner, Nordic Petroleum AS. Mercom’s share price dived 36.8% to […]

I banged my head on a bedside table at 4 AM this morning and unable to get back to sleep I created a Downfall parody video on AIM listed penny dreadful Sefton Resources (LSE:SER). Even my harshest Bulletin Board critics seem to admit that it is very funny. If you are a Sefton shareholder my […]

Irish independent oil and gas explorer, Providence Resources plc (LSE:PVR), is to attend a gathering of industry peers at a conference in Dublin today with fresh news that another of its acreage off the west coast of the state may contain a large deposit of hydrocarbon. In a statement, the London and Irish stock exchanges […]