Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
Ferrexpo said: “The company formed its own considered view and believes it initiated the formal independent review at the appropriate time, given the other steps it was taking and all the surrounding circumstances"
The group said the CFTC is investigating whether the firm and its subsidiaries may have violated certain provisions of the Commodity Exchange Act and/or CFTC Regulations
The group said the facility could form part of a broader funding package for the construction and commissioning of Kibo's African energy projects as they approach a final investment decision
The FTSE 100-listed firm lowered its 2019 iron ore production forecast to 265mln-270mln tonnes, down from the 273mln-283mln tonnes expected previously
Andrew Prelea, Vast’s chief executive said "management has been working hard to enable the Company to react as quickly as possible now that we have the possibility to obtain more traditional lending”
The FTSE 100-listed firm said total steel product sales rose by 8.4%, driven by higher crude steel production and pointed out that sales of semi-finished products surged by 29.0%
Craig Brown, ECR’s chief executive officer commented: “This was a valuable reconnaissance programme at a gold prospect which had never been drilled before"
The group said soil sampling programs are currently underway at the Western Extension of the Double Event Prospect; at the Cardigan Dam Prospect; and the Copper Dome Porphyry Copper Project