Market News

Caledon reveals 256% increase in Minyango resource

Australian coal producer and explorer Caledon Resources has announced a 256% - 874 million tonnes - increase to the coal resource estimate for the Minyango coking and thermal coal project.

13/12/2010

CSC says Simon plans are 'completely impracticable'

Capital Shopping Centres Group has rejected alternative plans for financing the Trafford Centre by Simon Property Group as completely impracticable.

13/12/2010

Global Energy in farm-out deal with Gran Tierra Energy

Latin America-focussed petroleum explorer and producer Global Energy Development has agreed to farm-out 60% of its interest in the Peruvian Block 95 licence contract to Gran Tierra Energy.

13/12/2010

Rival bid possible after Regal agrees £77m cash offer

Regal Petroleum plc has agreed terms on a £77m recommended cash offer from Energees Investments Limited, main holding company of Ukraine's Smart Holding Group.

13/12/2010

De La Rue appoints Tim Cobbold as CEO

Banknote printer De La Rue has appointed Tim Cobbold as CEO with effect from 1 January.

13/12/2010

Airsprung takes over Collins and Hayes Furniture

Airsprung Group has taken over Collins and Hayes Furniture - and its trading brand Collins & Hayes - for £2.3m.

13/12/2010

Market Movers - Top risers and fallers between 07:00 and 08:00

Overall Market

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13/12/2010

CIC Mining to acquire Global assets for Arctic Star

Consulting and advisory firm CIC Mining Resources has agreed a deal with Arctic Star Diamond to provide various services with respect to Global Diamond Resources, which is in administration.

13/12/2010

Commodities Prices at 08:00

Name Price Change %Change

Brent Crude Oil 91.220 0.740 0.820

13/12/2010

Kirkland Lake Gold added to S&P/TSX Composite Index

Kirkland Lake Gold has been added to the S&P/TSX Composite Index.

13/12/2010