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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Mining

Risers & fallers: Imaginatik PLC, Red Rock Resources PLC, Tengri Resources PLC, Orsu Metals Corp...

Main share price risers and fallers in London at 4pm

Main share price risers and fallers in London at 4pm

RISERS

Imaginatik Plc (LON:IMTK) up 28.3% at 4.65p. Investor Richard Turner buys a 4.1% stake in the consultancy, enterprise software and program management group.

Tengri Resources (LON:TEN) up 6.4% at 2.5p. Sells mineral exploration and development operations in Talas, Kyrgyz Republic, to Socagest SA for US6mln.

Red Rock Resources PLC (LON:RRR) up 15.7% at 0.58p. Paul Johnson buys 3.01% of the outstanding share capital in the West African and Greenland-focused miner.

FALLERS

Orsu Metals Corporation (LON:OSU) (TSX:OSU) down 14.2% to 1.59p. Shares keep falling after Monday's news that the company was selling its Karchiga and Kogodai projects in Kazakhstan and cancelling its AIM listing.

Lakehouse PLC (LON:LAKE) down 1% at 47.5p. Energy support services group says it is trading in line with revised expectations after previously flagging up headwinds in its regeneration and energy services arms.

President Energy PLC (LON:PPC) down 2.7% to 7.3p. South America-focused oil & gas explorer and producer launches rolling programme of well workovers to mitigate inevitably normal field declines in Argentina.

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Main share price risers and fallers in London at 12.45pm

RISERS

Gulf Keystone Petroleum PLC (LON:GKP) up 10% to 6.72p. Oil group receives a US$15mln gross payment from the Kurdistan Regional Government for crude oil deliveries in March. GKP said its cash position will amount to US$69.5mln as a result of the payment.

Anglo American (LON:AAL) up 8% to 630p Best of the FTSE 100 bunch as miners bounce upwards again.

Tiger Resources Finance PLC (LON:TIR) up 6% to 0.45p. NAV of its portfolio of mining investments added up to 0.93p at the end of March or more than a 50% discount.

FALLERS

React Energy PLC (LON:REAC) down 17% to 6.43p. Proposed biomass plant at Clay Cross in Derbyshire approved by the local council. The facility will convert 80,000 tonnes per annum of construction and demolition (C&D) waste wood to generate up to 12Mw of electrical energy. Funding talks are underway.

Deltex Medical Group PLC (LON:DEMG) down 7% to 4.3p. Results for 2015 show revenues growing strongly in the US and elsewhere overseas at the blood monitor group but the NHS is cutting back rapidly. Losses rise to £3.6mln.

Goldstone Resources Limited (LON:GRL) down 4% to 1.51p. Gold explorer receives an unsecured short-term loan from major shareholder Stratex International PLC (LON:STI) of up to US$100,000. Goldstone has also launched a further cost cutting programme.

Main share price risers and fallers in London at 9.45am

RISERS

Ferrum Crescent Limited (LON:FCR) up 79% to 0.27p. Geological assessment indicates major potential for re-interpretation of historical data and to deliver a new geological model at the Toral and Lago lead-zinc exploration prospects in Spain. Company to seek £460,000 to exercise its option.

Iofina PLC (LON:IOF) up 42% to 12.7p. More good gains following upbeat production upbeat yesterday by the iodine from brine group.

Dalradian Resources Inc (LON:DALR) up 17% to 59.8p. High grades from an in-fill drilling programme at the Curraghinalt mine development in Ulster. Best of the results was 100.66 g/t of gold over 1.44m at the Sheep Dip vein.

FALLERS

Lidco PLC (LON:LID) down 13% to 7.6p. Blood mentoring group reports lower revenues and a slip into the red as several monitor sales slipped into this financial year.

Falkland Islands Holdings PLC (LON:FKL) down 10% to 185p. Profits will be down 10-15% due to slower year for logistics business Momart. Falklands activity this year is likely to be quieter due to weak oil price, company adds.

Fishing Republic PLC (LON:FISH) down 9% to 29p. Full year results in first year on AIM from fishing equipment retailer showed flat underlying profits and a fall in statutory profits to almost zero. Revenues rose though and were up 45% in second half year-on-year.

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