Central African Gold News
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18-11-2010
Oil company Aminex is excited about prospects in Tanzania where it has a big drilling programme lined up for 2011, but will need more money to pay for it.
12-11-2010
Considering mining shares are in the dumper Footsie, though lower on the day, is faring reasonably well, after a lunch time session that saw share prices move sideways.
12-11-2010
Footsie recovered from an early slump to close just a few points lower as well-received company updates nearly cancelled out losses in the mining sector.
10-11-2010
Shares in Discovery Metals picked up at it reported a successful drill test of the newly discovered Ophion exploration target, located 40 km southwest of the Zeta deposit at the Boseto Copper Project.
20-10-2010
Shares in DQ Entertainment, the entertainment production and distribution company, moved a step closer to their 52-week high Wednesday morning after the announcement of a deal with Noga Communications, Israel's leading independent television content producer and broadcaster.
23-09-2010
Central African Gold said its future as a miner of the precious metal in Zimbabwe is becoming clearer after a tough period for the group given conditions in the troubled country, but that 'there are still significant and complex hurdles that need to be addressed over the short and medium term.'
10-09-2010
Mining stocks are lower in line with metals prices, though some stocks are bucking the trend following positive results from studies of their mines.
10-09-2010
Gold production has resumed at Central African Gold's Old Nic and Dalny mines in Zimbabswe.
31-08-2010
Australian coal miner Caledon Resources posted heavy losses in the six months to June 30 due to the strengthening of the Australian dollar, despite a recovery in coal prices.
10-05-2010
Markets were focused on the European debt crisis situation rather than the continuing political uncertainty here and, with European ministers having agreed a €720bn deal to prop up the euro, shares soared more than 200 points.
10-05-2010
It's almost a clean sweep among FTSE 100 constituents for stocks on the rise, with the notable exception of BP, which continues to be dragged down by mounting expenses for its oil spill clean-up.
15-03-2010
With the glut of end-2009 results announcements out of the way London looks in the mood to put its feet up and take a rest.
04-02-2010
Poor US jobless figures have sent prices tumbling further on this side of the pond. Initial jobless claims totalled 480,000 last week, according to figures from the US Labor Department, the highest level since December 12 and worse than the 455,000 economists had been expecting.
04-02-2010
Mining and banking shares are dragging the blue-chip index lower, while poorly received updates from the index's two Anglo-Dutch constituents, Royal Dutch and Unilever, are also weighing the Footsie down.
24-12-2009
Miners pushed London sharply higher in a shortened trading session Thursday, getting the leading index up to 5,400 briefly and to its highest close since September 2008.
24-12-2009
London's benchmark index is posting slight gains with energy stocks helping the markets.
24-12-2009
London is winding down ahead of the Christmas break with Footsie trading sideways in very light activity.
24-12-2009
Gold mining and exploration company Central African Gold saw losses widen in the first half of 2009 as its Zimbabwean operations returned to production midway through the reporting period.
19-11-2009
Footsie turned sharply lower at the close after a very poor start on Wall Street with the Dow down by more than 150 points in the first few hours.
19-11-2009
Footsie is bumbling along close to its low for the day ahead of what is expected to be a weak start on Wall Street.
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