Miners and Morrisons drag down London market
The FTSE 100 Index was 27.26 points off at 6385 in morning trading
Company
Oracle Power PLC
LON:ORCP
Oracle Power PLC is an international power and natural resource project developer listed on London’s AIM market. The company is focussed on delivering reliable power in high growth markets and unlocking the value of highly accretive natural resource assets in prospective regions.
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Oracle Coalfields gets 'no objection' letter for coal-fired power plant
The Central Power Purchasing Agency Guarantee Limited (CPPA), which issued the letter, buys electricity on behalf of Pakistan’s state-owned electricity grid operator, NTDC.
Investments and investor services
Proactive news highlights including Fastjet, Hayward Tyler, LGO Energy, Mobile Streams, Avation...
There were a number of news items out from the small caps to kick-off the week.
Investments and investor services
Risers & Fallers: Rolls Royce, Glencore, Carillion, Bank of Georgia, Styles & Wood and more...
Below are the main news-driven share price movements at 4pm.
Oracle Coalfields signs consortium agreement with Chinese partner
The consortium agreement forms part of the submission to Pakistan’s Private Power and Infrastructure Board (PPIB)
Proactive weekly mining round-up Arian Silver, Gemfields, African Potash, Goldplat and Ortac...
African Potash is continuing to make significant progress in becoming a fertiliser trading firm.
Archive
Proactive news highlights - Tungsten Corp, StatPro, Atlantis Resources, Oracle Coalfields and Summit Therapeutics
Volkswagen aside, there was plenty of other news to chew over on Thursday. Here's a selection of highlights.
Oracle Coalfields finalising EPC and debt details
Oracle aims to sign an EPC term sheet with its contractor, SEPCO, marking agreement on a number of key issues ahead of the full EPC contracts.
Proactive weekly mining summary: Eurasia, Shanta, W Resources, Amur Minerals, Gemfield and more...
There was a lot of news this week in the small cap mining space...
Archive
Footsie suffers China crisis
London’s blue-chips were mostly deep in the red after China’s currency devaluation.
Archive
Proactive news summary: Eurasia Mining, Mkango, Northcote Energy, North River Resoruces, Obtala ,,,
A summary of the days news from the Proactive universe
Oracle Coalfields makes early progress on Thar coal pricing
The company has petitioned for an US$76.48/tonne average price over the thirty year period of the lease.
Investments and investor services
Risers & Fallers: Asiamet Resources, Oracle coalfield, Prudential, Fitbug, Vedanta and more...
Asiamet Resources was higher as city analysts noted the new management's pedigree for turning small firms to multi-billion dollar companies.