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Credit Agricole have cut their forecasts for KRW, SGD and INR ::
DAILY ECONOMIC RELEASES: NOW AVAILABLE IN RESEARCH SECTION: Highlights include BoE Minutes and FOMC Rate Decision, Fed Chairman Bernanke and BoE’s King at Mansion House... ::
BoJ governor Kuroda says Japan core CPI to be about zero in June and to gradually become positive in June, July ::
DAILY EUROPEAN OPENING NEWS: NOW AVAILABLE IN RESEARCH SECTION: Cyprus’ president has asked eurozone leaders for a complete revamp of his country’s EUR 10bln bailout… ::
Japanese Nationwide Department Store Sales (May) Y/Y 2.6% (Prev. -0.5%) ::
BoJ governor Kuroda says extending maximum duration of funds offered via market operations may have an effect in lowering market volatility, won't rule out this option in future ::
Japan Industrial Solutions and megabanks' to double fund size with Abe stimulus ::
BoJ governor Kuroda says BoJ's April 4 action does not mean it will not act for 2 years ::
BoJ governor Kuroda says yields may rise if BoJ bond buys seen as government financing ::
France considers tax on banks to recoup Dexia losses ::
Japanese finance minister Aso says has been no request from South Korea for swap accord extension ::
S&P's chief global economist Sheard says BoJ can buy more risk assets ::
BoJ governor Kuroda says Japan's economy is picking up ::
US Treasury official Brainard says US to keep working with China on trade issues ::
Pre-market Indian stock news... ::
China sells CNY 30bln in 10yr Bonds, bid/cover 1.43, average yield 3.4998% ::
ASIA-PACIFIC MID-SESSION UPDATE - 19/06/13 ::
South Korea FSS governor Choi says to strengthen supervision over FX flows ::
TransCanada says gas output shut due to ANR force majeure ::
BoJ governor Kuroda is to attend lower house committee from 0500BST/2300CDT ::
People's Bank of China sets USD/CNY mid-point at 6.1677 (Last close 6.1285, Previous mid-point 6.1651); highest level since 2005 revaluation ::
Bank of Japan offers to buy JPY 500bln in 5-1yr debt and JPY 300bln in debt with more than 10yr maturity ::
People's Bank of China gauges demand for 28-day repos, 14-day reverse repo demand and 91 day bill sale ::
China average daily crude steel output at 2.256mln/T between 1st-10th June vs. 2.154mln/T in late May ::
Australia sells AUD 700mln 3.25% Apr 2029 bonds, bid to cover 3.04, yield 3.9338% ::
Australian DEWR Internet Skilled Vacancies (May) -0.5% (Prev. -1.3%) ::
Pre-market Greater China stock news... ::
China rate cut is unlikely in the near term according to the Financial News ::
Shanghai May new mortgages double from April, according to PBOC ::
Tepco (9501 JT) finds Strontium in ground water at Fukushima plant, according to NHK ::

FEATURED TODAY

Baobab Resources' Mozambique project worth £500mln to a buyer

Baobab Resources could be acquired for over £500mln by a steel producer, which would then enjoy a “healthy, industry standard” return from the deal, says research house First...
TODAY'S NEWS OVERVIEW

FTSE100 to open quietly ahead of Fed outcome

MARKET PREVIEW
EXCLUSIVE VIDEO INTERVIEW

Tethys Petroleum talks about 'tremendous deal' with Total and CNPC

Dr David Robson, Exec Chairman and President of Tethys Petroleum (LON:TPL TSE:TPL), tells Proactiveinvestors that the deal that has been finalised is, if anything, better than the original deal...
OUR COLUMNIST'S TAKE ON THE MARKET

In the papers: Amazon should buy Ocado suggests US analyst

Guardian CFDs Newspaper Briefing
EDITOR'S TOP PICK

Broker: Herencia Resources could be worth five times current value

An exciting month just gone for Herencia Resources has led broker WH Ireland to kick off coverage of the AIM-listed Chilean miner with a ‘speculative buy’ rating

UK
Columns

Tue 2:14 pm

Tethys Petroleum confirms Tajik tie up with Total and China

Total and CNPC each now own a third stake in the Bokhtar venture, in Tajikistan, and the partners will pay for the bulk of next year's work programme.
Tue 1:57 pm

Update - Tissue Regenix eyes US wound care market through tissue bank partnership

Community Tissue Service is one of the largest human tissue banks in the US and distributes over 230,000 grafts every year.
Tue 12:45 pm

UPDATE: Silence Therapeutics cancer drug successfully negotiates safety hurdle first time

Silence Therapeutics said it has successfully negotiated the initial safety assessment of its cancer drug Atu027
Tue 12:12 pm

W Resources buoyed by resource upgrade at La Parilla

Shares edge close to new high after 30% upgrade to inferred resource and identification of potential high grade zones.
Tue 9:44 am

Citi upgrades Genel Energy on prospect of sustainable exports

The investment banking heavyweight has upgraded its rating to ‘buy’ from ‘neutral’ and has significantly increased its target price to £11.50 from £8.86.
Tue 8:51 am

Baobab Resources Mozambique project worth £500mln to a buyer, says research house

Baobab Resources could be acquired for over £500mln by a steel producer, which would then enjoy a “healthy, industry standard” return from the deal. This is the conclusion of research house First Columbus, which this morning initiated coverage of the Mozambique-focused iron group.
Mon 2:35 pm

Fastjet to keep its hands on the joystick even when it is the junior partner

Securing international routes has met with more political resistance than Fastjet had anticipated. This has prompted a slight change in the business model.
Mon 1:50 pm

UPDATE: Kryso Resources says upgraded resource further boosts Pakrut's potential

Kryso Resources unveiled a near 47% increase in indicated resources for its flagship Pakrut gold project.
Mon 11:45 am

Small cap explorers provide best gearing to Moroccan oil success, says broker

As the bigger and richer companies drive a new wave of exploration in Morocco, it will be the small cap explorers that provide the best gearing to any sector wide success, says GMP Securities.
Mon 9:46 am

Tertiary Minerals: Fluorspar firm hopes to flourish as it hones in on Storuman and MB projects

The remainder of 2013 holds plenty of promise for fluorspar explorer and developer Tertiary Minerals
Mon 8:18 am

Edge Resources bumps up reserves

Edge Resources has announced a significant increase in its reserves.
Mon 7:30 am

Leyshon Resources MD confident in potential of China gas project after setback

Leyshon Resources managing director Paul Atherley said he remains confident in the full potential of the firm’s Zijinshan Gas Project in China after testing was halted on the second well in the current programme on the property due to technical problems
Sat 7:00 am

Time to travel with Thomas Cook

The latest refinancing de-risks the business, while the shares look good value given the improving financial profile of the company
Fri 5:00 pm

Northcote Energy, Longreach Oil & Gas and Herencia Resources to present next week

We present two stars in the making from the hydrocarbon sector – Northcote Energy (LON:NCT) and Longreach Oil & Gas (CVE:LOI). We are also showcasing the up-and-coming zinc miner, Herencia Resources (LON:HER).
Fri 5:00 pm

Persimmon poised for FTSE 100, but will it prosper?

Persimmon is about to be promoted to FTSE100. So, the big question is, will it collapse or flourish?
Fri 3:13 pm

IPSA looks at southern Africa as new era dawns

Sales of turbines will allow company to move forward with its pipeline of opportunities says chief executive.
Fri 2:54 pm

IGas and Dart Energy advance as investors hail UK shale

“The scale of the investment will provide the backbone of a proper appraisal of the Bowland Shale potential,” Canaccord analyst Charlie Sharp said in a note.
Fri 11:50 am

JP Morgan picks likely small-cap winners in UK economic upturn

JP Morgan recently upgraded its forecast for UK GDP growth. If the UK economy is on the upturn then it won't necessarily be the big caps that benefit most; the heavyweight broker has identified 10 small and mid-caps that it thinks will do well out of an upturn in economic activity in the UK.
Fri 11:30 am

Government exit from RBS and Lloyds creates investor opportunity, says Jefferies

A government sale of its stakes in High Street banks RBS (LON:RBS) and Lloyds (LON:LLOY) offers an opportunity for investors, reckons US broker Jefferies.
Fri 10:51 am

Q&A: Iofina raises funds to accelerate roll-out of plants

Iofina plants in North America have started to produce iodine from the brine taken from onshore oil and gas wells, and the company is keen to accelerate the roll-out of more plants. To that end, it has recently raised funds through a convertible bond issue.
Fri 8:11 am

UPDATE: Fastjet hoping for more international routes

In what was described as "a monumental day in fastjet's history" by chief executive Ed Winter, the low-cost airline announced it has been given permission to operate routes from Tanzania to South Africa, Zambia and Rwanda. The company hopes the cross-boder agreements will lead to many other African countries opening their doors to Fastjet.
Thu 12:30 pm

UPDATE: Falcon Oil & Gas says Gazprom’s Hungary drilling gets underway

This marks the start of a paid-for three well exploration drilling programme in Hungary’s Mako trough.
Thu 12:25 pm

Sundance Resources visit shines a light on potential of Afferro, IMIC and West African Minerals

The management of Aussie miner Sundance Resources is in town updating on progress. Ordinarily a visit from a junior of this kind would go without mention. However the group holds the key to unlocking the huge iron ore potential of Cameroon and the Republic of Congo
Thu 10:07 am

Centrica bets £100mln that UK shale will be a winner

British Gas owner Centrica has staked a claim in the burgeoning UK shale gas industry through a £100 mln investment in one of the country’s most promising prospects.
Thu 10:05 am

EMED Mining shares soar as it increases copper off-take for Rio Tinto mine

EMED will now sell 49% of its current copper reserves at Rio Tinto to cornerstone customers, and it will also shortly receive US$15mln from the issue of loan notes.
12th Jun 2013, 3:20 pm

UPDATE: Xcite Energy says AMEC preparing to take a more active role in development of North Sea field

Xcite Energy has received third party validation of the potential of the Bentley North Sea field with construction giant AMEC gearing up to take a more involved role in the development of the project. AMEC has signed a memorandum of understanding (MOU) covering “future cooperation to support the development” of the field.
12th Jun 2013, 2:45 pm

Enegi Oil boosted by Newfoundland tie-up

“Small cap companies like ours rarely pull off deals of this scale,” Chief executive Alan Minty said.
12th Jun 2013, 12:56 pm

Lloyds, RBS upgraded as BarCap assess impact of 're-privatisation'

George Osborne’s Mansion House speech should make interesting listening, if the rash of seemingly well informed press reports prove correct. They suggest the Chancellor’s annual set-piece address to City will be used as the forum to announce the ‘re-privatisation’ of Lloyds Banking Group and Royal Bank of Scotland.
12th Jun 2013, 12:23 pm

Market missing the potential of Leni Gas & Oil’s transformation

The current market value of Leni Gas & Oil is not a fair reflection of its transformation into an important oil producer onshore Trinidad, according to Old Park Lane Capital
12th Jun 2013, 12:15 pm

BT in demand as Vodafone moves on Kabel Deutschland

Spotlight moves to fixed line wireless groups as Vodafone confirms approach to German cable network operator.

Archived Articles ►

7:05 am

In the papers: Amazon should buy Ocado suggests US analyst
Tue 3:56 pm

Playtech: Show us the cash
Tue 3:00 pm

Broker spotlight II including Medusa Mining, Herencia Resources, Silence Therapeutics, Frontier Mining and Genel Energy
Tue 2:27 pm

US OPENING NEWS INCLUDING: Stocks in Europe have recovered from a lower open
Tue 2:21 pm

ENERGY MARKETS REPORT INCLUDING: Iraq's Majnoon oil field will start output in July
Tue 10:57 am

Today's Market View Including Medusa Mining, Frontier Mining, Amicrest Holdings plc and African Minerals
Tue 10:00 am

Broker spotlight pt 1 including Genel Energy, Taylor Wimpey, Bovis, Whitbread, Gulf Keystone Petroleum and Aveva
Tue 8:28 am

Sprott Asset Management Chart of the Week: India Declares War on Gold
Tue 8:24 am

Beaufort Securities Breakfast Today
Tue 8:18 am

EUROPEAN EQUITY OPENING HEADLINES INCLUDING: Commerzbank agreed to cut more than 5000 jobs
Tue 8:13 am

EUROPEAN OPENING NEWS INCLUDING: WTI crude futures traded sideways overnight
Tue 7:00 am

Pre market: UK labour costs rose in first quarter, 2013
Tue 6:54 am

In the papers: House price crash predicted; Browne reunited with oligarchs
Mon 2:54 pm

Broker Round-up II: Ariana Resources, New World Oil & Gas, Kryso Resources, Summit Corporation
Mon 2:34 pm

US EQUITIES OPENING HEADLINES INCLUDING: Netflix announced a multi-year deal with DreamWorks
Mon 2:30 pm

US OPENING NEWS INCLUDING: Greek PM Samaras has dismissed talk of an early election
Mon 1:13 pm

ENERGY MARKETS REPORT INCLUDING: Iraq is ready for talks to boost oil sales to India
Mon 10:43 am

Today's Market View Including Rio Tinto and Wolf Minerals Limited
Mon 10:08 am

Broker Round-up: Associated British Foods, Antofagasta, BP, Majestic Wine, Reckitt Benckiser
Mon 8:22 am

Beaufort Securities Breakfast Today
Mon 8:15 am

EUROPEAN EQUITY OPENING HEADLINES INCLUDING: Anglo American workers end underground protest at South African mine
Mon 8:10 am

EUROPEAN OPENING NEWS INCLUDING: Britain's economy is set to grow at its fastest pace since 2010
Mon 7:16 am

Pre-market briefing: UK house prices up 2.7% in June
Mon 7:10 am

In the papers: Co-op Bank reaches deal to plug £1.5bn shortfall
Sat 7:00 am

Time to travel with Thomas Cook
Sat 7:00 am

Galvan Week Ahead: Market falls continue, S&P US upgrade fails to impress equities
Fri 5:00 pm

Persimmon poised for FTSE 100, but will it prosper?
Fri 3:46 pm

Investment Research Weekly Roundup including: Low & Bonar, Amur Minerals, Creston, Regency Mines and others
Fri 3:33 pm

US EQUITIES OPENING HEADLINES INCLUDING: Honeywell has received EU approval for its Intermec acquisition
Fri 2:51 pm

Broker Round-up II: IGas Energy, Quindell Portfolio

Archived Columns ►

News
Markets
Traders

Archived Newswires ►

Presentations
StockTube

Tethys Petroleum talks about 'tremendous deal' with Total and CNPC
Dr David Robson, Exec Chairman and President of Tethys Petroleum (LON:TPL TSE:TPL), tells Proactiveinvestors that the deal...
Fastjet CEO says more countries want the company to provide air connectivity
Ed Winter, Chairman & CEO of Fastjet (LON:FJET), tells Proactiveinvestors that the company is now expanding its 'international...
ECR Minerals making good progress to generate value for shareholders
Stephen Clayson, CEO of ECR Minerals (LON:ECR), tells Proactiveinvestors that the move towards a more focused company is well...
Summit CEO says CMO appointment a "great catch" for the Co.
Glyn Edwards, CEO of Summit PLC (LON:SUMM): tells Proactiveinvestors that the appointment of Dr David Roblin as Chief Medical...
Sound Oil: Meet the Directors
Proactive Investors caught up with Sound Oil directors after the company's final results. Chairman Andrew Hockey, CEO James...
Iofina bond to fund more plant roll-outs
Iofina's (LON:IOF) Executive Chairman Dr Chris Fay says the recent $15mln the company has raised through a convertible bond...
Oracle Coalfields in discussions to find a partner
Shahrukh Khan, CEO of Oracle Coalfields (LON:ORCP), tells Proactiveinvestors that having achieved all the milestones that the...
SVM Asset Management remains 'fully invested'
Colin McLean, CEO and founder of SVM Asset Management, explains to Proactiveinvestors that there's been growing support for...
Alliance Pharma wants to do 'more of the same' after Novartis deal
John Dawson, CEO of Alliance Pharma (LON:APH), explains to Proactiveinvestors that the deal to acquire 100% of the obstetric...
US Oil & Gas says CPR report marks 'significant milestone'
US Oil & Gas tells Proactive Investors that the company's competent person's report on its Hot Creek Valley property in Nevada...
Gasol making 'substantial progress' in Benin on LNG plants
Alan Buxton, COO of Gasol (LON:GAS), tells Proactiveinvestors that there has been recent progress with a number of milestones...
First Property Group ready to 'strike a deal' where it sees value
Ben Habib, CEO of First Property Group (LON:FPO), tells Proactiveinvestors that while the value of its commercial property...
Northcote Energy says Big Hill #1 will be a 'big contributor' to cash flow
Randy Connally, CEO of Northcote Energy (LON:NCT), tells Proactiveinvestors there should be a six-month payout on the Big Hill...
Edge Resources is tapping its 'huge growth prospect'
Brad Nichol, President & CEO of Edge Resources (LON:EDG CVE:EDE), tells Proactiveinvestors that the heavy oil play at Primate...
Verde Potash's objective 'completely aligned with the strategy of Brazil's Development Bank'
Leonardo Moretzohn, who will soon be joining the board of directors at Brazilian fertiliser explorer and developer Verde...
blur Group 'delighted' by success of fundraising
Philip Letts, founder and chief executive of blur Gp (LON:BLUR), tells Proactiveinvestors that the oversubscribed fundraising...
Sovereign Mines of Africa moving as fast as it can to prove up its asset
David Pearl, Chairman of Sovereign Mines of Africa (LON:SMA), tells Proactiveinvestors that, with its 'unusually strong'...
Chaarat Gold's change of tack will lead to full production sooner
Dekel Golan, CEO of Chaarat Gold Holdings (LON:CGH), tells Proactiveinvestors that the change in strategy to fast track a...
Falcon Oil & Gas buys out Australian business
Philip O'Quigley, CEO of Falcon Oil & Gas (LON:FOG TSX-V:FO ESM:FAC), tells Proactiveinvestors that while the deal dilutes...
Lombard Risk Management sees a 'tremendous amount of opportunity'
John Wisbey, CEO, and Paul Tuson, CFO of Lombard Risk Management (LON:LRM), tell Proactiveinvestors that the recent record...

Australia
America
Deutschland

6:05 am

Stratum Metals identifies large, strong conductor at East Menzies

Interpretation of all data over Stratum Metals’ East Menzies Goldfields Project that incorporates data from the HeliTEM survey has identified a number of potential massive sulphide conductors, the strongest of which have not been tested by recent drilling. It is this one that could generate some excitement.
3:52 am

MacPhersons Resources finds up to 13g/t gold at Boorara

With individual gold bearing quartz veins ranging from 5g/t to 13g/t gold over metre thick intersections, MacPhersons can incorporate Boorara into the Nimbus mill feed schedule - providing another step forward on the road to production. Drilling also identified large gold halo zones up to 68 metres thick averaging 1g/t gold.
2:27 am

Liberty Resources secures prize Bowen Basin coal tenement near BHP Billiton

Liberty Resources’ newly awarded EPC 1949 is located close to BHP, Rio Tinto and Peabody' existing open cut coal mines, deposits and infrastructure, offering good, low cost, commercialisation potential. An exploration drilling program is set to commence within the month.
12:46 am

Allied Healthcare to start landmark clinical trial for genital herpes vaccine

The prize for finding a vaccine for herpes is vast, based on Prof Ian Frazer's work and success to date, this is within reach. Securing ethical approval to start the Phase 1 clinical trial for its Herpes Simplex Virus (HSV-2) vaccine will allow Allied Healthcare to confirm the ability of its treatment to prevent and cure the infection.

Tue 8:55 pm

Investors on Street encouraged ahead of Fed decision

U.S. stocks rallied again on Tuesday as investors placed bets on the likelihood that Federal Reserve chairman Ben Bernanke would ease concerns over the central bank's monetary stimulus program at the conclusion of the 2-day FOMC meeting tomorrow.
Tue 5:40 pm

Lydian International begins drill program at Amulsar gold project

Lydian International has begun this year’s drill program at the Amulsar gold project in Armenia
Tue 5:40 pm

Canada stocks stretch gains on upbeat U.S. data, Tim Hortons

Canadian shares stretched gains for a second day on Tuesday, after stronger economic data from the U.S. bolstered energy producers, and as investors await news from a two-day U.S. Federal Reserve meeting. Tim Hortons' jump paced gains.
Tue 4:59 pm

Dow sees triple digit gains once more as investors believe Fed will calm fears

U.S. stocks rallied again on Tuesday as investors grew confident that Federal Reserve chairman Ben Bernanke would be able to ease concerns over the central bank's monetary stimulus program at the conclusion of the 2-day FOMC meeting.

9th May 2013, 10:52 am

London Mining baut Marampa für alle Bedingungen auf

London Mining baut sein Marampa Eisenerzbergwerk auf, sodass es laut Firmenchef auch bei pessimistischen Preisszenarien profitabel und bei den aktuellen Erwartungen der Branche „höchts profitabel“ ist.
4th Feb 2013, 5:04 pm

London Mining Cash-Flow-Potenziale beeindrucken Broker

Ein Besuchbei London Minings Marampa Eisenerzbergwerk beeindruckte Broker Jeffries, demzufolge der freie Cashflow zum Besten des Marktsektors gehört.
16th Jan 2013, 3:43 pm

Lydian gibt beeindruckende Bohrungsergebnisse bekannt und sieht „spannendem“ Jahr entgegen

Beeindruckende Bohrungsergebnisse in Amulsar erhärten Lydians Einschätzung des Potenzials der Goldmine.
24th Aug 2012, 3:49 pm

London Mining: Marampa Produktionssteigerung verläuft nach Plan

London Mining befindet sich momentan in einer guten Position: die Produktionssteigerung des Marampa Eisenerzprojektes in Sierra Leone verläuft nach Plan und das Unternehmen befindet sich in Gesprächen mit potenziellen Partnern betreffs Marampa und dem nächsten grossen Einenerzprojekt, Isua in Grönland.

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