News Results for Xstrata (XTA)

END-OF-DAY REPORT: Headline shares ended the day with heavy losses, as the Euro crisis deepens and China shows signs of slowing, with bankers and miners most prominent amongst the fallers. At...

UBS upgrades Barclays from neutral to buy, target cut from 272p to 215p. Numis upgrades Compass Group from add to buy, target unchanged at 750p. UBS downgrades Glencore from buy to neutral, target...

MORNING REPORT: Headline shares were modestly higher in early deals today, as a surprise rise in Germany's GDP brought some rare good news for the Eurozone, offsetting fallout from the Greek...

MIDDAY REPORT: Headline shares tumbled to triple-digit losses by midday, as the continued failure of Greece to form a new Government created more concerns that it may be heading out of the...

MIDDAY REPORT: Headline shares turned modestly lower by midday, as the mining fraternity turned mixed and household goods giant Reckitt Benckiser sank, offsetting a largely positive session for...

West LB upgrades Lloyds Banking Group from add to buy, target price raised from 41p to 42p. Liberum Capital downgrades Debenhams from hold to sell. Jefferies International upgrades British Land...

MORNING REPORT: Headline shares were little changed in early deals today, with earnings-driven gains for BSkyB and Next unable to offset softening in financials, and with miners putting in a muted...

Shares in Norseman Gold (LON:NGL) rose after it revealed good progress at its eponymous gold project and the restructuring programme being implemented to improve its production profile and...

Kazakhstan-focused Max Petroleum (LON:MXP) was the sector's highest riser in late afternoon trading after it revealed that production averaged 2,807 barrels of oil per day in the year to the end of...

Xstrata enters its second decade in a strong position and the group has continued to perform well into 2012, chairman Sir John Bond told the annual general meeting. He said construction of the...

Xstrata Zinc is accelerating production from the Lady Loretta underground mine and further extending the life of the Handlebar Hill open cut operation in Queensland, Australia, generating a net...

Xstrata reports that thermal coal, mined nickel, ferronickel and lead volumes rose compared to the first quarter of 2011 The company also said that major projects continue to make good progress...

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MIDDAY REPORT: Headline shares were modestly lower at midday, with news of slowing growth in China hitting miners and financials fragile on Eurozone concerns, ahead of the start of the US bank...

MORNING REPORT: Headline shares were firmly lower in early deals today, with news of slowing growth in China impacting the miners and the banks looking fragile as Eurozone concerns linger on. In...

Glencore International and Xstrata are currently engaged in constructive discussions with the regulatory authorities which require anti-trust filings to be submitted in connection with the proposed...

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MORNING REPORT: Headline shares were modestly higher in early deals today, as investors shrugged off the global sell-off and looked for bargains, with sentiment lifted by better-than-expected UK...

END-OF-DAY REPORT: Headline shares ended a roller-coaster session firmly higher, as investors shrugged off worse-than-expected UK manufacturing data, with the miners rallying as metals prices...

Xstrata Copper and Origin Energy have completed a transaction under which Origin has acquired a 51% interest in Xstrata Copper's Energía Austral hydroelectric development company in Chile....

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Xstrata Coal has agreed to acquire the Sukunka hard coking coal deposit from Talisman Energy Inc for US$500 million in cash, subject to customary conditions. Sukunka is located in the Peace River...

END-OF-DAY REPORT: Headline shares ended the day firmly lower, with investors fretting over news China has cut its growth forecast, with the heavyweight miners and the banks underpinning losses....

MORNING REPORT: Headline shares were firmly lower in early deals today, with investors wary as the G20 and IMF clash over support for the Eurozone and crude prices soar on concerns over Iran and...

Glencore and Xstrata do not expect the European Commission to raise any competition concerns over their proposed merger. Glencore said that following constructive talks with the European...

END-OF-DAY REPORT: Headline shares ended the range-bound session little changed, with utilities and tobacco groups proving popular as safe havens, offsetting weakness in the heavyweight mining...

Shares in Firestone Diamonds (LON:FDI) fell despite a positive update on its operations in Lesotho and Botswana and the sale of all the goods on offer at its rough diamond tender. The company said...

MIDDAY REPORT: Headline shares moved lower in midday trade, as investors hold fire as Greek debt talks rumble on, with weakness in the heavyweight mining sector and amongst retailers the main...

MORNING REPORT: Headline shares were marginally lower in early deals today, as investors hold fire as Greek debt talks rumble on, with weakness in the mining and retail sectors offsetting a...

Glencore and Xstrata have agreed an all-shares merger that would create a $90bn natural resources group. Xstrata's operating businesses and Glencore's marketing functions will continue to operate...

Anglo-Swiss mining group Xstrata This morning reported operating EBITDA of $11.6bn for the year to end-December, up 12% on the previous year. Attributable profit was $5.8bn, up 12%. A final...

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Commodities trader Glencore (LON:GLEN) fell 3.8% on reports that the company will pay a premium for mining giant Xstrata (LON:XTA). At 1:01pm: (LON:GLEN) share price was -18p at 464.55p...

Glencore International and Xstrata which has just announced a potential huge merger both made further advances after showing strong gains yesterday. Shares in Trans-Siberian Gold were one of the...

MORNING REPORT: Headline shares were marginally lower in quiet early trade today, as investors await crucial US payroll data this afternoon, with banks and miners making a negative start to the...

END-OF-DAY REPORT: Headline shares ended the range-bound session only fractionally higher, with a flurry of disappointing blue chip earnings news offsetting M&A excitement in the mining sector....

Shares in the Anglo-Swiss mining group Xstrata (LON:XTA) were up by more than 10% in afternoon trading after it confirmed it was in talks with commodities trader, Glencore International, over a...

Baltic Oil Terminals (LON:BTC) was the sector's biggest riser after it announced that its operations are trading profitably. A trading statement said that Petro Broker International had been fully...

MIDDAY REPORT: Headline shares remained modestly lower at midday, with a flurry of disappointing blue chip earnings news offsetting excitement in the mining sector as Xstrata announced merger talks...

Shares in the Anglo-Swiss mining group, Xstrata, have jumped around 10% after confirming that it was in talks with commodities trader, Glencore International, over a possible merger. Xstrata said...

MORNING REPORT: Headline shares were modestly lower in early deals, with a flurry of disappointing blue chip earnings news offsetting excitement in the mining sector as Xstrata announced merger...

Xstrata confirms that it has received an approach from and is in discussions with Glencore International regarding an all share merger of equals which may or may not lead to an offer being made by...

Anglo-Swiss mining group Xstrata confirmed today that it has received an approach from and is in discussions with Glencore International regarding an all share merger of equals which may or may not...

Frontera Resources (LON:FRR) was the sector's biggest faller in late afternoon trading despite a bullish update. The company says it is on track to deliver gas sales in the second quarter of 2012...

Anglo-Swiss miner Xstrata (LON:XTA) reported a 2.7% drop in 2011 mined copper output as it transitions from old to new production and a 6.8% rise in consolidated coal production as its Australian...

UBS downgrades BT from buy to neutral, target price cut from 230p to 210p. UBS upgrades Invensys from neutral to buy, target price increased from 214p to 225p. Morgan Stanley downgrades Xstrata...

Xstrata Coal South Africa has completed the sale of its Spitzkop and Tselentis collieries and supporting coal assets in Mpumalanga to the Imbawula Group for an undisclosed amount. The transaction...

MORNING REPORT: Headline shares made strong early gains this first session of the New Year, as better-than-expected manufacturing data from China sparked a revival in base metals prices, pushing...

MORNING REPORT: Headline shares started the day in the red as banks continued to suffer fallout from the bank reform report and miners followed metals prices lower, with AstraZeneca the worst...

North Gauteng High Court has ruled that Anglo American (LON:AAL) subsidiary Kumba Iron Ore's 80%-held Sishen Iron Ore Company has full rights to the Sishen mine. The court ruled that when the...

Xstrata Copper has completed a $111m extension to the Kidd Mine in Northern Ontario, Canada, The project has been achieved on time and on budget. Approved by Xstrata in 2008, the extension to...

MORNING REPORT: Headline shares made firm early progress, shrugging off weakness across Asian bourses, with gains underpinned by strong rallies in financial and resources stocks, and a healthy...

END-OF-DAY REPORT: Headline shares slipped to heavy losses by the close, as investors became increasingly nervous about the Eurozone ahead of the EU summit in Brussels, and with ECB moves today...

African Eagle's (LON:AFE) shares rose by over 17% after its joint venture partner BrightStar Resources announced high grade gold results from its drilling programme at Miyabi gold project in...

Xstrata Copper has announced significant increases to total Mineral Resources at the Las Bambas and Corroccohuayco projects in southern Peru and at El Pachón in Argentina from ongoing focused...

Initial underground mine production has successfully commenced at Xstrata Copper's Ernest Henry Mining operation in north-west Queensland, marking the site's transition from open pit mining, which...

MIDDAY REPORT: Headline shares moved firmly lower in midday trade, as early euphoria over the regime change in Italy gave way to doubts, with banks and miners giving up opening gains and retail...

MORNING REPORT: Headline shares were modestly higher in early deals, with Berlusconi's pledge to resign and hopes for a new administration in Greece lifting sentiment, with Admiral and HSBC holding...

Shares in African Minerals (LON:AMI) rose after revealed that it had started loading the first iron ore shipment from its Tonkolili project. This is the first such shipment from Sierra Leone in...

Mining giant Xstrata (LON:XTA) has announced a $3 billion bond issue to repay debt and for general corporate purposes. The group announced the launch and pricing of a US$ denominated issue of...

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MIDDAY REPORT: Headline shares were sharply lower in midday trade, as a Greek decision to hold a referendum on the EU bailout and news of slowing manufacturing growth in China unsettled global...

MORNING REPORT: Headline shares slipped to heavy losses in early trade today, as a Greek decision to hold a referendum on the EU bailout and news of slowing manufacturing growth in China rattled...

MORNING REPORT: Headline shares were sharply higher in early deals, following news the EU reached headline agreement on Eurozone support measures. Financials led the charge and resources stocks...

END-OF-DAY REPORT: Headline shares ended the day with triple-digit gains, on hopes of a swift resolution to the Eurozone debt crisis, with banks taking a leading role and miners enjoying a rally in...

MORNING REPORT: Headline shares tumbled in early deals today, as news of slowing growth in China and prevarication amongst Eurozone leaders conspired to hurt already fragile UK market sentiment....

Xstrata has provided an interim management statement and Q3 production report showing record quarterly thermal coal production, 13% higher than the same period in 2010 and 22% higher than the...

Mining giant Xstrata (LON:XTA), which produces ferrochrome and coal in South Africa, said some output in the country has been affected by a strike. At 3:04pm: (LON:XTA) share price was -14.9p at...

MIDDAY REPORT: Headline shares were comfortably higher midday, as progress in the mining sector was assisted by a rally amongst banking stocks and a recovery in the travel and leisure industry....

Xstrata Coal confirms it has completed its 100% acquisition of the Lossan metallurgical coal deposit from Cline Mining Corporation for CDN$40 million. At 8:51am: (LON:XTA) Xstrata share price...

Shares in Tanzania-focused gold and nickel explorer and developer Kibo Mining (LON:KIBO) jumped by 20% after it revealed it was excited by the exploration opportunities offered by its expanded...

Xstrata Coal has agreed to acquire 100% of the Lossan metallurgical coal deposit from Cline Mining Corporation for CDN$40 million, subject to customary conditions. The acquisition is expected to...

Xstrata Mount Isa Mines has secured a long-term supply of electricity and gas to meet forecast demand for the life of Xstrata's current and planned copper and zinc-lead operations in north-west...

MIDDAY REPORT: Headline shares added to early gains by midday, investors shrugging off continued Eurozone problems and a credit downgrade for Italy, with an element of bargain hunting helping the...

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MIDDAY REPORT: Headline shares were sharply lower by midday, the main index briefly dipping below 5,000 earlier, as global markets tumbled following reports Greece will fall short of its debt...

MORNING REPORT: Headline shares were firmly lower in early deals, as Eurozone problems persist and ahead of a crucial vote in Germany on the bail-out, but with miners leading the market down as...

MORNING REPORT: Headline shares tumbled to heavy losses in early trade today, with financial stocks stung by fears of a Greek debt default and the implications of the ICB report, and with miners...

END-OF-DAY REPORT: Headline shares ended the session sharply lower, with the surprise resignation of the ECB's Juergen Stark sending shivers through financial markets, pushing UK banks into heavy...

MIDDAY REPORT: Headline shares accumulated losses in midday trade, with losses in financial issues, retailers and the heavyweight miners offsetting a stellar performance from Tullow Oil and buoyant...

MORNING REPORT: Headline shares made strong early progress this morning, as the heavyweight miners and oil producers gained from rising prices and retailers rallied after benign shop price...

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MORNING REPORT: Headline shares were modestly higher in early deals today, as investors paused for breath after yesterday's strong showing, with no blue chip earnings to provide a focus, with M&A...

END-OF-DAY REPORT: Headline shares ended the day with strong gains after a bullish performance in the afternoon session, as mining shares rallied and banking shares firmed and hedge fund manager...

END-OF-DAY REPORT: Headline shares tumbled to heavy losses, as continued concerns over a global slowdown hit resources stocks, fears of financial taxes hit banks and insurers and as retailers...

MIDDAY REPORT: Headline shares endured heavy falls at midday, as continued concerns over a global slowdown hit resources stocks, fears of financial taxes hit banks and insurers and as retailers...

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MORNING REPORT: Headline shares were sharply lower in early deals as news of a surprise slowdown in growth in Germany spooked investors already nervous ahead of the latest inflation numbers out...

MORNING REPORT: Headline shares made strong early gains, as a US decision to hold interest rates for two years sparks a widespread equity rally, with financial issues and resources stocks driving...

David Rough, Non Executive Director, bought 2,500 shares in the company on the 8th August 2011 at a price of 967.00p. The Director now holds 25,250 shares representing 0.00% of the shares in...

Xstrata Coal today confirms First Coal Corporation is now a wholly owned subsidiary of Xstrata Coal Canada, following successful completion of the plan of arrangement on 4 August. The purchase...

END-OF-DAY REPORT: Headline shares tumbled to heavy losses by the close of business today as uncertainties in the eurozone and sharp falls on Wall Street combined to encourage a general sell-off in...

MIDDAY REPORT: Headline shares were firmly lower midday, but well off worst levels, as a slump US equities overnight spooked markets, sentiment lifted by a better-than-expected UK Services PMI...

END-OF-DAY REPORT: Headline shares ended the session firmly lower as banking shares gave back gains and general mining stocks continued to slip, with cigarette makers amongst the rare winners for...

MIDDAY REPORT: Headline shares remained lower in midday trade, as investors parked concerns over US debt to concentrate on weakening global manufacturing, with the miners lower, offsetting banking...

MORNING REPORT: Headline shares were modestly lower in early deals today, as investors parked concerns over US debt to concentrate on weakening global manufacturing, pushing heavyweight miners...