Discovery Mining drill results provide boost

12 Mar 2010 | 08:33

Shares in Discovery Metals were wanted Friday after the miner published the assay results from drilling at the Boseto Copper Project located in north-west Botswana.
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Market overview: FTSE 100 up 6

12 Mar 2010 | 08:30

0830: Blue chips are ahead this morning, though gains are modest so far. Banks are leading the way with Royal Bank of Scotland, Lloyds and Barclays all higher. British Airways is up despite the threat of imminent strike action. Arm and Shell are the worst performers, though only down a touch. FTSE 100 up 6 at 5,624.
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London shares top spot in financial league

12 Mar 2010 | 08:04

London has lost its place as the world's leading financial centre after it tied with New York in the latest Global Financial Centres Index published by the City of London Corporation.
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Baobab declares start of drilling season

12 Mar 2010 | 07:56

Mozambique-focused iron ore, base and precious metals explorer Baobab Resources said drilling has resumed at its Tete project now that the wet season is mostly over.
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Nautical expects to start drilling in May

12 Mar 2010 | 07:54

Europe-focused oil exploration company Nautical Petroleum has secured the use of a rig for the drilling of the Catcher prospect in the UK Central North Sea.
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Lehman 'gimmicks' disguised insolvency

12 Mar 2010 | 07:49

Former bosses at Lehman Brothers have been heavily criticised for employing an accounting "gimmick" that managed to hide the failed bank's insolvency.
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London pre-open: Small step forward expected

12 Mar 2010 | 07:43

Encouraged by Wall Street's late surge yesterday UK stocks are set to start the last day of the week on a firm footing. It's been a week in which Footsie has largely taken small steps, however, and the theme looks set to continue at the outset with traders expecting the blue-chip index to open no more than 20 points higher.
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Yule Catto sells in Malaysia

12 Mar 2010 | 07:42

Yule Catto's joint venture subsidiary, Revertex (Malaysia) has exchanged conditional contracts with HB Fuller Company for the sale of adhesives business Revertex Finewaters.
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Dragon Oil completes first two wells of 2010

12 Mar 2010 | 07:31

Dragon Oil has completed and carried out initial testing of the Dzheitune (Lam) A/142 and 13/143 development wells in Turkmenistan, its first two of the year.
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Aga returns to profit

12 Mar 2010 | 07:24

Upmarket cooker manufacturer Aga moved back in the black as sales picked up in the second half of the year.
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