Business Movement

Kenmare Resources’ (KMR) “Buy” Rating Reaffirmed at Peel Hunt

Fri, 13 Dec 2019 02:04:00 GMT
Peel Hunt restated their buy rating on shares of Kenmare Resources (LON:KMR) in a research report released on Wednesday, ThisIsMoney.Co.Uk reports. Other research analysts have also issued research...
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Iluka Resources (OTCMKTS:ILKAF) Downgraded by Morgan Stanley to Hold

Fri, 13 Dec 2019 02:03:00 GMT
Morgan Stanley downgraded shares of Iluka Resources (OTCMKTS:ILKAF) to a hold rating in a research note published on Wednesday, TipRanks reports. Iluka Resources stock remained flat at $$6.46 durin...
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Base Resources releases DFS of Madagascar’s mineral sands project

Fri, 13 Dec 2019 01:59:00 GMT
African mineral sands producer Base Resources has announced that its Toliara project in Madagascar is expected to generate annual revenues of $248.2m based on the outcome of its definitive feasibil...
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Base Resources says definitive feasibility study underlines the world class potential of the co's Madagascar mineral sands deposit

Fri, 13 Dec 2019 01:57:00 GMT
Base Resources Ltd (LON:BSE) has issued a definitive feasibility study (DFS) for its Toliara Project in south-west Madagascar that it says further burnishes the credentials of the world-class miner...
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Eskom slams claims that Zimbabwe had been connecting power illegally

Fri, 13 Dec 2019 01:16:00 GMT
Power utility Eskom has denied claims that Zimbabwe had been connecting electricity illegally. This comes after an article was published on satire website Ihlaya News, reporting that the struggling...
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Barclays Maintains a Hold Rating on Anglo American (AAUKF)

Fri, 13 Dec 2019 01:12:00 GMT
In a report released yesterday, Ian Rossouw from Barclays maintained a Hold rating on Anglo American (AAUKF), with a price target of £19.00. The company’s shares closed last Monday at $...
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Base Resources (ASX:BSE) Shares Up 4.5%

Thu, 12 Dec 2019 02:00:00 GMT
Base Resources Limited (ASX:BSE)’s share price was up 4.5% on Monday . The stock traded as high as A$0.23 ($0.16) and last traded at A$0.23 ($0.16), approximately 39,200 shares were traded du...
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South Africa’s Power Crisis Eases After Eskom Rushes to Fix Plants

Thu, 12 Dec 2019 01:20:00 GMT
South Africa’s energy crisis eased as state power utility Eskom Holdings SOC Ltd. scrambled to repair broken plants and President Cyril Ramaphosa stepped in to demand urgent action. Power cut...
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Anglo American Cuts 2020 Diamond Forecast

Thu, 12 Dec 2019 01:19:00 GMT
Anglo America, parent company of De Beers Group, has cut its diamond production forecast for 2020 to 32-34 million carats. Previously, output for full year 2020 was anticipated to be 33-35 million ...
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Anglo American trims output outlook for iron ore, diamonds and coal

Thu, 12 Dec 2019 01:16:00 GMT
Anglo American has trimmed its production forecasts for iron ore, diamonds and coal for the next two years, the mining company said in an update for investors. Anglo American lowered its forecast f...
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