Read More Commodities Articles

FTSE 100 a jot down as oil issues sag, retailers rise

FTSE indices closed marginally lower as hefty falls in oil and mining heavyweights were only just offset by beneficiaries of falling crude prices, Black-Friday-boosted retailers and financial stocks. Wall St opened mixed. FTSE 100 inched down 0.8 point, or 0.01%, to close at 6722.62. FTSE 250 fell 37.9, or 0.24%, to 15,851.8. Euro-zone consumer price […]

FTSE 100 a jot down as oil issues sag, retailers rise

FTSE indices closed marginally lower as hefty falls in oil and mining heavyweights were only just offset by beneficiaries of falling crude prices, Black-Friday-boosted retailers and financial stocks. Wall St opened mixed. FTSE 100 inched down 0.8 point, or 0.01%, to close at 6722.62. FTSE 250 fell 37.9, or 0.24%, to 15,851.8. Euro-zone consumer price […]

Mining Sector: Kalimantan Gold tumbles as losses rise

Kalimantan Gold Corporation (LON:KLG) was the sector’s biggest faller in late trading after it reported a comprehensive loss for the nine months ended 30 September of $493,900 (2013: $131,579). The company earned management fees of $47,388 during the period (2013: $548,710). As a consequence of the loss of income, the company has since slowed or […]

Mining Sector: Kalimantan Gold tumbles as losses rise

Kalimantan Gold Corporation (LON:KLG) was the sector’s biggest faller in late trading after it reported a comprehensive loss for the nine months ended 30 September of $493,900 (2013: $131,579). The company earned management fees of $47,388 during the period (2013: $548,710). As a consequence of the loss of income, the company has since slowed or […]

Mining Sector: Kalimantan Gold tumbles as losses rise

Kalimantan Gold Corporation (LON:KLG) was the sector’s biggest faller in late trading after it reported a comprehensive loss for the nine months ended 30 September of $493,900 (2013: $131,579). The company earned management fees of $47,388 during the period (2013: $548,710). As a consequence of the loss of income, the company has since slowed or […]

Oxus Gold raises £50,000

Oxus Gold has raised approximately £50,000, net of fees and costs, following a subscription for new ordinary shares by Darwin Strategic Limited under the equity financing facility agreement at a gross price of 2.10p per share. At 2:31pm: (LON:OXS) Oxus Gold PLC share price was -0.02p at 1.98p Story provided by StockMarketWire.com

Oxus Gold raises £50,000

Oxus Gold has raised approximately £50,000, net of fees and costs, following a subscription for new ordinary shares by Darwin Strategic Limited under the equity financing facility agreement at a gross price of 2.10p per share. At 2:31pm: (LON:OXS) Oxus Gold PLC share price was -0.02p at 1.98p Story provided by StockMarketWire.com

BG downgraded by Nomura

Nomura has downgraded its recommendation on BG Group (LON:BG.) to ‘reduce’ from ‘neutral’ in its EU Big Oil research note, published today, stating that its view is linked to a lower call on oil and near-term valuation. Specifically, the Nomura said: “The more cautious view on BG reflects: 1) Greater oil price sensitivity as the […]

FTSE down on oil stocks as euro zone CPI falls

FTSE indices slipped lower on an oil-sector slick that has upset the shares of many energy-sector heavyweights. Producer-cartel OPEC said yesterday it will take no action to ease a global supply glut, forcing the black liquid’s price lower. Near noon, FTSE 100 was down 44.38 points, or 0.66%, to 6679.04, while FTSE 250 was down […]

FTSE down on oil stocks as euro zone CPI falls

FTSE indices slipped lower on an oil-sector slick that has upset the shares of many energy-sector heavyweights. Producer-cartel OPEC said yesterday it will take no action to ease a global supply glut, forcing the black liquid’s price lower. Near noon, FTSE 100 was down 44.38 points, or 0.66%, to 6679.04, while FTSE 250 was down […]

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