FTSE 100 closes in red as pound firms but miners add support
Sterling added 0.01% against the Euro to 1.1434, while against the US dollar, it added 0.60% to 1.4232.
Company
LON:CON
Arkle Resources PLC is an AIM listed company focussed on creating shareholder value through gold and zinc exploration and resource development in Ireland. The company was established in 2004 by veterans John Teeling and James Finn, with over 40 years’ experience gained in the exploration and mining industry in Ireland and elsewhere. The company gained admission to the London Stock Exchange in 2007, and subsequently discovered the Stonepark zinc deposit with, then joint venture partner, Teck Ireland Ltd.
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Sterling added 0.01% against the Euro to 1.1434, while against the US dollar, it added 0.60% to 1.4232.
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Group Eleven wants to see if exploration success at the adjacent Pallas Green project, which is owned by major Glencore plc can be replicated
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The mining investment group purchased 4.8mln Connemara shares which were priced at 4.15p
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Investments and investor services
Also featured: Dechra Pharmaceuticals, HemoGenyx, PCG Entertainment, Chariot Oil & Gas Limited, Provident Financial, Hiscox, Collagen Solutions, Summit Therapeutics and Conroy Gold
The new money will allow for increased on-ground exploration activity in Ireland
London's blue-chips closed up around 45 points but below the 7,300 level
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A glance at some of the day's highlights from the Proactive Investors newswire
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“Tombreen is a known gold area but this is better than anything previously reported”