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Mon, 01st Aug 2016 07:47
(ShareCast News) - London stocks were in positive territory on Friday as investors continued to analyse policy meeting minutes from the Bank of England, European Central Bank and the Federal Reserve. The BoE on Thursday voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn,
Read more(ShareCast News) - Vedanta Resources posted a rise in first half production across most of its commodities, as it said net debt at the end of the quarter is expected to be below $8bn and expressed confidence that it will meet its covenants as at the end of September. The company said second quarter
Read more(ShareCast News) - Industrial metals helped to prop up London markets again on Thursday, after Jefferies commented optimistically on the metals and mining industry. Towards the end of trading, the FTSE 100 was up 0.45% or 28.44 points higher at 6,364.79, while the FTSE 250 dropped 0.35% or 58.87 poi
Read more(ShareCast News) - London's FTSE 250 index was down 0.2% at 17,101.89 just after 1400 BST, underperforming the broader market. Miners were firmly on the front foot as metals prices advanced and the sector got a boost from an upbeat note by Morgan Stanley. The bank upgraded its stance on the European
Read moreLUSAKA, Oct 2 (Reuters) - Vedanta Resources Plc's Zambian unit, Konkola Copper Mines, will send an additional 148 workers on forced leave, it said on Friday, citing weak copper prices and power shortages. The workers were asked to stay away from work on full pay but without allowances. Ear
Read moreLUSAKA, Sept 26 (Reuters) - Zambian government officials will meet mining companies next week to discuss problems facing the industry and ways to minimise job losses sweeping the sector, labour minister Fackson Shamenda said on Saturday. The job cuts hitting Africa's second-biggest copper p
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