African Consolidated Resources News
07-11-2011
Morgan Stanley's European equity strategy team, led by Graham Secker, has today downgraded its stance on European equities to 'underweight' from 'neutral' before.
05-04-2011
A round-up of the biggest director deals today so far.
22-12-2010
AIM-quoted minerals explorer African Consolidated Resources says that it has not received any formal notice from the Zimbabwe government about the rumoured cancellation of its mineral claims.
16-12-2010
Coal miner ATH Resources has agreed a new sales contract to supply EDF with 350,000 tonnes of coal. The coal will be supplied at prices linked to international market indices. Supply will commence immediately and end in December 2012.
01-11-2010
Most of us won't have looked at a periodic table since school, but now's the time to brush up on your chemistry as mining companies go chasing ever more exotic and elusive elements.
07-09-2010
London's leading share index gave up a winning streak that lasted all last week and continued yesterday.
07-09-2010
Shares in African Consolidated Resources fell sharply after the Zimbabwe-focused miner said that the country's High Court rescinded a judgement last year validating the company's mining claims in the Marange diamond field.
07-09-2010
It's a case of 'another day, another bid rumour' for London, with bid speculation about engineering group Invensys and oil explorer Tullow Oil providing a bit of cheer to a subdued market.
18-08-2010
Marketing and advertising agency Adventis has slumped to a 19-month low after warning that full-year profit before tax, excluding exceptional items, could be up to 50% below market expectations.
22-07-2010
London rose again to climb above 5,300 and close at its highest for over two months. A strong start on Wall Street got the afternoon session off to a good start, with buyers staying interested right to the end of the trading day.
22-07-2010
Shares in miner African Consolidated Resources moved ahead after it gave a maiden Joint Ore Reserves Committee (JORC) estimate for its Blue Rock gold project in Zimbabwe of 8.5 million tonnes at 1 g/t for 270,000 oz, using a cutoff grade of 0.6 g/t.
22-07-2010
Shares moved sideways over the lunch-time session with investors keeping their powder dry ahead of day two of US Federal Reserve Chairman Ben Bernanke's testimony in the US Senate. Yesterday the Fed chairman's downbeat comments stopped a Wall Street rise in its tracks.
11-06-2010
African Consolidated Resources (ACR) has signed a joint venture agreement for the exploration of Rare Earth elements (REEs) at its recently acquired Nkombwa Hill project in Zambia.
11-05-2010
Zimbabwe-focused resources company African Consolidated Resources says that its financial controller has been arrested.
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