Investments and investor services
FTSE 100 closes higher but only just as sentiment boosted by trade progress
The UK blue-chip index finished around five points ahead at 7,183
Company
Centamin PLC
TSE:CEE
Centamin PLC's flagship asset is the Sukari Gold Mine, Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. Since production began in 2009, Sukari has produced over 5 million ounces of gold, and today has a projected mine life of 14 years. Through its large portfolio of exploration assets in Egypt and West Africa, Centamin is advancing an active pipeline of future growth prospects, including the Doropo project in Côte d'Ivoire, and over 3,000km 2 of highly prospective exploration ground in Egypt's Arabian Nubian Shield.
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Centamin announces substantial increase in mineral resources in Cote d’Ivoire
The Doropo licence holding of 2,721 sq km remains largely underexplored with numerous targets identified, presenting significant resource upside potential
Cardinal Resources aims for completed gold project DFS by September quarter
A PFS found that the project in Ghana could generate US$1.4 billion free cash flow before tax.
Capital Drilling clinches new contracts and key renewals following strong first half
Since its first half results in August, the drilling services firm has secured two key contract extensions as well as a new delineation drilling contract in Côte d'Ivoire
Investments and investor services
FTSE 100 closes Friday in the red after tumultuous week for UK politics
The UK's premier share index lost around 24 points at 7,013 on the day - and was down 1.29% on the week.
Sirius Minerals rises after dishing out £65,000 worth of shares to two employees
Some of the main risers and fallers in London on Friday...
Gold miner Centamin slashes full-year production target as quarterly output slumps
Centamin now expects annual production of around 480,000, down from its earlier target of between 505,000-515,000oz
FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Centamin slumps amid 25% drop in gold production at flagship Sukari mine
The FTSE 250 gold miner reported production for the second quarter was 92,803 ounces, down 25% year-on-year due to lower open pit grades
FTSE 100 closes firmly higher as market shrugs off UK political chaos
Fiona Cincotta, senior market analyst at City Index, said the UK was now at a crossroads..
Archive
High street vs online: Updates from retailers Mark & Spencer and ASOS will provide fuel
Aside from M&S and ASOS, the week ahead will also bring trading updates from the likes of Ocado, Burberry, Barratt Development, Experian, and JD Wetherspoon
Centamin upgraded by Numis despite production woes
In a note to clients, the broker said despite the material downgrades, shares in the FTSE-250 gold miner “have been oversold as Sukari remains a low cost long life asset"
Defenx chief executive to leave after just six months
Some of the main news-driven risers and fallers in London on Friday afternoon...
Centamin plunges on forecasts for weaker second quarter as low grades persist at Sukari
The FTSE 250 gold miner said underground production at the mine was 10% below forecast, with production equipment availability resulting in lower production ore tonnage mined
Archive
FTSE 100 closes higher but gives up gains; sterling hit on Brexit worries
Both the US and UK are heading towards a three-day weekend and, to be honest, it kind of feels like the break has already begun...
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Glencore reports first quarter production in wake of freeze orders served on DRC assets
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Archive
Asia to drive quarterly earnings growth at HSBC and Standard Chartered
Another busy week of earnings from FTSE 350 companies awaits
Milestone Group jumps as digital media company enters blockchain joint venture agreement
A look at some of the biggest risers and fallers in London on Monday