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Vast Resources officially opens Tajikistan joint venture project
Vast Resources officially opened the joint venture project at the Takob Mine in Tajikistan with its partner company Takob on Monday.
US pre-open: Futures in the red as China data disappoints
Wall Street futures were in the red before the opening bell on Monday as market participants digested disappointing data out of China ahead of a big week for retail earnings.
Second rig begins drilling at Wishbone's Red Setter project
Wishbone Gold announced on Monday that a second drill rig for its Red Setter gold-copper project in the Paterson’s Range area in Western Australia was now on site and drilling 230 metres from the first rig.
London midday: FTSE nudges lower as miners retreat
London stocks had nudged into the red by midday on Monday, with miners under the cosh after disappointing Chinese data.
Europe midday: China data a drag as shares make small gains
European shares were treading water at midday on Monday as sentiment was tempered after China unexpectedly cut a key interest rate in response to weak consumer and industrial data.
Europe open: Shares up, but markets wary after China data
European shares were slightly higher at the open on Monday, although sentiment was tempered after China unexpectedly cut a key interest rate.
Abingdon expects 'substantial' loss after disappointing year
Rapid medical test developer Abingdon Health described a “disappointing” full-year performance in a trading update on Monday, with revenues expected to be in the region of £2. 8m, and a “substantial loss” anticipated.
Amaroq inks autonomous mining vehicle deal with AB Dynamics
Greenland-focussed gold and minerals miner Amaroq has signed a memorandum of understanding with AB Dynamics division ABD Solutions, it announced on Monday, to investigate the potential for “vehicle autonomy systems” to be used for various mining vehicles at its Nalunaq site.
Horizonte Minerals swings to profit as Araguaia development continues
Brazil-focussed nickel developer Horizonte Minerals swung to a first-half profit before tax of $3. 8m from a restated loss of $3. 24m, it announced on Monday.
Argos Resources losses narrow as it works on further funding
Falkland Islands-focussed Argos Resources reported a first-half loss of $0. 11m in its first half on Monday, narrowing from $0. 2m year-on-year.
Rebound in growth stocks has 'somewhat further to go', JP Morgan says
It was too soon to rotate back into 'value' stocks from 'growth', strategists at JP Morgan said.
Portmeirion buys collapsed AromaWorks brand for £0.44m
Ceramics and homeware maker Portmeirion has acquired the AromaWorks London brand, intellectual property and certain stock, trade and assets with no ongoing liabilities, it announced on Monday, from the administrators of the collapsed AromaWorks.
Asia report: Stocks mixed as Japan's GDP rises, PBoC cuts some rates
Stocks closed in a mixed state in Asia on Monday, after Japan’s economy grew to beyond pre-Covid levels in the latest GDP reading, while investors also digested a surprise interest rate cut and some data releases from China.
Inspiration Healthcare makes strong start to FY
Medical technology company Inspiration Healthcare said on Monday that it has started the financial year "strongly", with trading levels remaining "robust", consistent with management expectations.
Asking prices for homes fall in line with seasonal norms
The average price of property coming to market in the UK has dropped for the first time this year, according to fresh industry data released on Monday, albeit at seasonally-normal rate.
Berenberg lowers target price on Wheaton Precious Metals
Analysts at Berenberg lowered their target price on Wheaton Precious Metals from 3,800. 0p to 3,600. 0p on Monday following a "mixed" second quarter for the group.
London open: Stocks rise but gains muted after China data disappoints
London stocks were up in early trade on Monday but gains were muted as investors mulled disappointing Chinese data.
RS Group could be in line for £15 a share takeover bid - report
RS Group - formerly Electrocomponents - surged on Monday after The Times reported over the weekend that it could be the subject of a takeover bid.
Japan's economy recovers beyond pre-pandemic levels
Japan’s economy recovered beyond pre-Covid levels in the second quarter, with GDP expanding at 2. 2% year-on-year, although that was below consensus expectations for 2. 6% growth.
China cuts lending rate as economy struggles amid Covid lockdowns
China's central bank on Monday unexpectedly cut a major interest rate in an attempt to bolster an economy that is struggling to grow amid repeated Covid lockdowns and a property downturn.