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The London stock market somewhat mirrored London’s weather today; a pleasant start, followed by heavy showers and then a traditional British tepid finish. ....
Follow John on: A look at some of the major movers in London on Monday Diploma PLC (LON:DPLM) saw its shares rise by a tenth to 3,030p after it boasted of a “very strong first-half performance”. The electrical components supplier raised full-year expectations after the six months to the end of March 2021 saw underlying revenue growth of 2% from a year earlier and a rise in the profit before tax to £42.5mln from £41.6mln in the corresponding period 12 months earlier. Having deferred payment of an interim dividend last year because of COVID-19, the company recommended payment of an interim divi of 12.5p this time around. ....
Proactive weekly mining round-up: Greatland Gold, Ironridge Resources, Bushveld Minerals. A snapshot of some of the week s mining news and announcements Greatland Gold PLC (LON:GGP), the precious and base metals exploration and development company, has announced “excellent results” from the drilling campaign at the Havieron deposit. The latest results from the project, located in the Paterson region of Western Australia, further highlight the potential for extensions to the initial resource published last December, Greatland said in its stock market release. IronRidge Resources Limited (LON:IRR) said it raised £12mln in an oversubscribed fundraising to help bankroll the development of its lithium and gold projects in the African nations of Ghana, Côte d Ivoire and Chad. The company raised the funds through the subscription and placing of 60mln new shares at a price of 20p each, a 6.3% discount to its closing price on Monday. ....
Empire Metals Mike Struthers updates investors on drilling at Eclipse and Jack’s Dream Empire Metals Ltd s (LON:EEE) Mike Struthers talks to Proactive London about the next stage of drilling at both their Eclipse gold project and Jack s Dream. The Eclipse gold project, which is located 55km north-east of Kalgoorlie, Western Australia includes the resource drilling at the Eclipse Mine target, where 200 metres of diamond drilling in three holes will be undertaken to duplicate selected recent reverse circulation drillholes for resource estimation purposes. At the Jack s Dream discovery, Empire will also undertake expansion drilling where 1,700 metres of reverse circulation drilling will focus on infill drilling adjacent to wide intersections of mineralisation and high-grade intercepts. ....