Acacia Mining Shares News & Articles

Why Antofagasta might not get all of the $5.8bn Pakistan damages windfall cash

Copper miner Antofagasta (ANTO) has risen to the top of the FTSE 100 leader board after winning a seven-year legal fight against Pakistan authorities over a denied mining licence. The Chile-based operator saw its share price climb 3% to 890p after confirming the news in an announcement. It stated that the World Bank arbitration court has ordered the Pakistani government to pay damages of $5.8bn ...

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn. That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index. This sums up a ...

Four important stories from the past week: HSBC, BHP Billiton, Acacia Mining and Fidessa

Investors may be disappointed with no annual dividend growth from FTSE 100 bank HSBC (HSBA) despite it reporting a stronger capital position. The bank’s common equity tier 1 ratio, a measure of the ability of the balance sheet to withstand economic shocks, has jumped to 14.5% from 13.6% a year ago. HSBC has decided to maintain its dividend at $0.51 per share. That puts the shares at 729.4p ...

Market report: North Korea’s nuclear ambitions and weaker dollar weigh on FTSE

The FTSE opens in negative territory as Asian and US stocks fell overnight due to North Korea appearing to ramp up its nuclear threat. It is considering a nuclear test of ‘unprecedented scale’ in the Pacific Ocean, according to North Korea’s foreign minister. That news helped to drive up the gold price by nearly 0.5% to $1,297 per ounce. Also influencing markets is the movement in the ...
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