John has been covering financial markets since before the FTSE 100 existed, starting out on the Industries and Commodities team at Dun & Bradstreet, before moving on to Datastream, where he was head of the news team for several years. After a succession of management roles at Thomson Reuters he returned to front-line journalism in 2006. Prior to joining Proactive Investors he was managing editor at Sharecast.
"I'm delighted to report a profit after tax for the period of US$7.1mln," said CEO, Eric Zurrin. "In the same period last year, we recorded a loss after tax of US$2.1mln, showing the positive impact that our stringent cost focus strategy is having."
Hochschild's mines enjoyed a record half of production with output rising to 19.9mln silver equivalent ounces (268,237 gold equivalent ounces)
If the deal is inked, Kibo will pay the current owners of Mast Energy Developments 5% of Kibo's share of gross revenues from each project (less gas and trading costs) on a monthly basis
A total of 212 split core samples (at three-metre sample intervals) were analyzed
"As a management team, we are confident that the clear strategic, operational and executive changes undertaken during the last eight months leave us in a very strong position from which Stratex can start achieving its true potential"
The growth in revenues achieved, despite lower prices compared to a year earlier, did not translate into improved profitability
The rising demand for vanadium as a steel alloy and the Vanadium Redox Flow Battery has sparked renewed interest in the vanadium deposits in the Uravan Belt.
The issue of shares to Greenstone increased its stake by roughly 1.2%
The virtual portfolio based on momentum investment is not working out too well for middle-ranking companies. The portfolio has a heavy bias towards energy companies, and this month's addition of Gulf Keystone sees the portfolio doubling down on producers from Kurdistan.
It is time to check in on how the three "momentum" virtual portfolios are doing and spruce them up a bit, starting with the portfolio featuring companies with a market cap of more than £1bn
The transfer of Plus500 from AIM to the main market has forced Stockpot's AIM Sustainable Dividends portfolio to bank handsome profits; will three newcomers be able to emulate Plus500's meteoric rise?
While our "selectively bred dogs of the Footsie" have marked time this year after a strong showing last year, another Michael O'Higgins-inspired virtual portfolio, based on blue-chips with a low price-to-sales ratio, has done very well