LSE Market News

Arria NLG (LSE:NLG) is a spin off a University of Aberdeen incubated business initially called Data2Text.  Arria acquired a 20% interest in Data2Text in May 2012.  On 25 October this year – 40 days ago – Arria completed 100% ownership.  This morning Arria NLG floated its shares on the AIM at 100.0 pence per share. […]

As I was saying yesterday, investors, especially those with large amounts at stake, need to take a closer look when the company in which they are investing indicates that they are on a cost-cutting campaign. This discussion was motivated by the Royal Bank of Scotland’s (LSE:RBS) computer system crash that, among other things, blocked customers […]

click here. Beacon Hill Resources (LSE:BHR)  the AIM and ASX (ASX:BHU) listed coal producer, has said that it has entered into an agreement to acquire, in stages, up to a 70% interest in the prospecting and exploration licence 3788L (‘Licence 3788L’) which has strong potential for Pig Iron mineralisation located in the Tete Province of […]

The Royal Bank of Scotland Group(LSE:RBS) has reached a settlement with the European Commission, in relation to competition law breaches concerning certain interest rate derivatives referenced to the London Interbank Offered Rate, LIBOR, based on Japanese Yen  and the Euro Interbank Offered Rate., URIBOR.  The Commission has handed out fines totaling 1.7bn euros to eight […]

Goldplat (LSE:GDP), the AIM listed gold recovery and production company in Africa, is pleased to announce that the Company’s market leading South African gold recovery operation, Goldplat Recovery (Pty) Limited has been certified as producer of Responsible Gold, with its strategic partner, Rand Refinery, one of the world’s leading gold refining companies. Responsible Gold, in […]

Anglo Asian Mining (LSE:AAZ), the AIM listed gold producer in Azerbaijan, have issued positive exploration update from additional drilling undertaken at its flagship Gedabek gold, copper, silver mine in western Azerbaijan. – Current c.3,000m drilling programme has discovered new high grade gold extension at Gedabek, north-west of the main Gedabek deposit (see map) · Elevated […]

I poured my morning coffee, unfolded my newspaper, and nearly choked on the headline:  RBS Admits Decades of IT Neglect.  All I could think was, “You blithering idiots!” I’m not going to discuss RBS share price (LSE:RBS) today, although I will say that it is, inexplicably, up 0.30 pence to 331.40, about one-tenth of one […]

FinnAust Mining (LSE:FAM), an exploration company with an extensive and highly prospective portfolio of Finnish copper and nickel assets, had announced the readmission of its enlarged issued share capital to trading on AIM following the reverse takeover of Centurion Resources plc. Contingent with the reverse takeover, the Company raised £3.4 million through the placing of […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, is pleased to announce that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,787,624 ordinary shares of 1 penny each […]

Modern Water plc (LSE:MWG) took advantage of David Cameron’s visit to China, using the opportunity to announce three new, significant contracts with entities in that country.  The announcement was made at 12:41 pm and the Modern Water share price increased sharply almost immediately.  Opening this morning at 36.65, the share price jumped to 39.70 in […]