FTSE 100 closes higher Thursday as traders come back to equities
Sterling was also stronger - up 0.06% to 1.1318 against the Euro and up 0.12% versus the US dollar
Company
LON:ARS
Asiamet Resources Ltd is an emerging copper producer focused on the development of a portfolio of large copper, copper-gold and polymetallic deposits in Indonesia, adjacent to the key growth markets in Asia.
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Sterling was also stronger - up 0.06% to 1.1318 against the Euro and up 0.12% versus the US dollar
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
The appointment strengthens Asiamet's skill set as its Indonesian project portfolio advances
The UK blue-chip index finished over 46 points higher, at 7,555..
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
“Achieving this major milestone doubles the company's attributable contained metal inventory in Beutong," said Asiamet chief executive Peter Bird
FTSE 100 tanked on the day, along with other European indices
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"Results received from the current round of drilling at Beutong East demonstrate both the robustness of the central mineralised core and the substantial Resource upside potential that remains to be delineated"
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers in London on Thursday afternoon...
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News that the President will now not be meeting North Korea leader Kim Jong-un next month as planned is weighing on global stocks
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the top risers and fallers in London on Wednesday
"We are truly excited by this opportunity and look forward to reporting on further progress as our exploration effort continues to unlock value at both the KSK and Beutong projects," said Peter Bird, Asiamet's CEO
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The UK blue-chip benchmark closed around 11 points higher at 7,334..
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A glance at some of the day's highlights from the Proactive Investors newswire
Results have confirmed high-grade, near-surface mineralisation at Asiamet's BEP project in Indonesia, which may be amenable to heap leaching.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
In a sector note, the broker also revealed it is a 'seller' of three leading copper stocks
The UK blue chip share index finished around 11 points higher at 7,194
Asiamet knew the north end of BK44 was a high-grade zone, but described the results from the two latest holes drilled as ‘miraculous’
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A glance at some of the day's highlights from the Proactive Investors newswire
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Asiamet remains on track to complete feasibility work at BKM by the middle of this year
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The pound is up 0.36% against the Euro at the time of writing, while it is up 0.07% against the US dollar
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A glance at some of the day's highlights from the Proactive Investors newswire
A maiden resource estimate for both domains at BKZ is expected to be completed in May
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A glance at some of the day's highlights from the Proactive Investors newswire
"Working closely with the GOI to achieve this outcome represents a significant milestone for Asiamet,” said Peter Bird, Asiamet chief executive
Peter Bird, Asiamet's chief executive officer commented: "The excellent results generated from our drilling programmes at both the BKM and BKZ projects over the past three years clearly demonstrate the intrinsic value of Asiamet's project p
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A glance at some of the day's highlights from the Proactive Investors newswire
Joint broker Liberum Securities listed a number of potential share price catalysts as it reiterated its 'buy' recommendation and punchy 20p price target
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A lot of academic research suggests a momentum investing strategy outperforms the market. John Harrington attempts to concoct a lazy person's momentum investing system.
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at this week’s top stories from London’s junior miners
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A look back at some of the more interesting stories from the junior market this week
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A glance at some of the day's highlights from the Proactive Investors newswire
"We are cautious about the outlook for the year ahead, but we remain confident that we have the resources and personnel to deliver profitability to our shareholders," Tandem said.
"Asiamet is very pleased to advise the commencement of drilling on its large-scale Beutong porphyry copper-gold project,” said chief executive Peter Bird
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Investors didn't want to venture into shares today, or outside much in the UK for that matter
Liberum analyst Richard Knights said: “Our SOTP valuation of 20p reflects 100% upside, but EV/Resource comparisons and recent M&A activity in the region imply similar levels of mispricing”
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A glance at some of the day's highlights from the Proactive Investors newswire
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Defenx is not the first software company to invoice customers only to see the orders delayed
The AIM-listed firm said that, following a 270-day leach cycle, metallurgical results obtained from the long column (6-metre) programme, support the results previously reported in the short column test work
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The Footsie may have mainly traded sideways throughout the day but there have been some notable movements among blue-chips.
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A look at the week’s highlighted news for the junior miners
Asiamet is now progressing towards a maiden resource estimate for both mineralised domains on BKZ
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A glance at some of the day's highlights from the Proactive Investors newswire
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While the blue-chips were shaken, with a fall of 3.8% over the trading week, shares in the UK’s growth sector were even harder hit with the AIM All Share off 4.5%
The froth is coming off the top of markets, but how fundamental are these moves?
Asiamet's house broker Optiva has doubled its price target to 19p
A maiden resource for BKZ is scheduled to be published in May
As ever, it was a busy week of reporting, shareholder updates as well as progress with exploration and development projects.
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven share price changes in London on Wednesday ...
The BKZ polymetallic asset, located in Central Kalimantan, Indonesia, has continued to yield near-surface base and precious metal-rich mineralisation, the company said
Britain's top tier index closed around 54 points lower at 7,533
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
"We are very pleased that ongoing drilling at BKZ continues to yield highly positive results,” Peter Bird, Asiamet chief executive.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
The Beutong project already boasts significant JORC resources
London's top tier index closed down nearly 28 points at 7,696
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A glance at some of the day's highlights from the Proactive Investors newswire
"It is very pleasing to see that the results from the ongoing detailed column leach test-work confirm and support the recoveries and acid consumption predictions from the BKM PEA”
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A glance at some of the day's highlights from the Proactive Investors newswire
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Some of the biggest risers and fallers in London on Wednesday
The feasibility study work continues to advance very well
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London's blue-chip index closed the day lower but retailers and housebuilders did well, oh, and there was some Brexit news...
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A glance at this week's headlines from London's junior miners
Most recently James Deo was a consultant to Newcrest Mining, while he has also held senior position in mining giants BHP Billiton and Rio Tinto
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
Asiamet has reported further successful drilling results at BKZ
Exploration in the BK district continues to make very significant progress, said Asiamet Resources chief executive Peter Bird
Asiamet has been drilling at the BKZ poly-metallic prospect located on its Kalimantan Surya Kencana 6th generation contract of work in Central Kalimantan, Indonesia
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A glance at some of the day's highlights from the Proactive Investors newswire
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The UK blue chip index closed down 1.05% to 7,447 as the pound strengthened after better-than-forecast UK GDP
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
"Although it is early in the exploration stage at BKZ, results are first-rate and beyond expectations"
FTSE 100 closed at 7,542, below last Thursday’s closing high of 7,556.24 while the Dow soared above the 23,000 level today
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Asiamet this week said it was increasingly confident it has found a new stand along polymetallic deposit at the BKZ prospect
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A glance at some of the day's highlights from the Proactive Investors newswire