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14-May-2015 08:25 AM

Aldermore on track

Aldermore Group reports a strong start to the year and says it is on track to achieve targeted £1.4bn of net new lending in 2015. Net lending to customers rose by 7% in the first quarter to £5.1bn (FY 2014: £4.8bn). Organic loan origination of £568
30-Aug-2012 02:48 PM

Court sanctions St Barbara-Allied Gold scheme of arrangement

The High Court has sanctioned the scheme of arrangement for St Barbara's recommended acquisition of Allied Gold Mining. It is further expected that the capital reduction court order will be delivered to the Registrar of Companies on 7 September and
16-Aug-2012 08:42 AM

Allied Gold claim against GR Engineering does not include MD

Allied Gold Mining clarified its claim against GR Engineering Services and made it clear the allegations refer to the company, not its managing director. Allied Gold said its release on 2 August outlined claims against GR Engineering Services including
02-Aug-2012 09:43 AM

Allied Gold files $47m claim against GR Engineering

Allied Gold has filed a $47m claim against GR Engineering Services for, amongst other things, loss of gold production. Allied Gold said a release by GR Engineering Services on 5 June disclosed that a counterclaim of approximately $25m had been filed by
18-Jul-2012 09:47 AM

Allied Gold lowers output guidance

Allied Gold Mining has reduced its full year production guidance to 160,000-165,000 ounces - down from 180,000 ounces previously - following unscheduled maintenance at both Simberi and Gold Ridge. The company produced a total 31,447 ozs in the three m
18-Jul-2012 09:33 AM

St Barbara chief explains rationale for Allied Gold offer

St Barbara chief executive and managing director Tim Lehany has explained the rationale behind the company's offer for Allied Gold. He says St Barbara's declared and consistent strategy for the last three years has been to grow long term earnin
29-Jun-2012 09:26 AM

Allied Gold agrees offer from St Barbara

Allied Gold Mining's board has agreed a £360m takeover by St Barbara Ltd. Shareholders will receive A$1.025 in cash and 0.8 St Barbara consideration shares for each Allied Gold share held. The 176p per share offer - based on a price of A$2.12 per
20-Jun-2012 11:59 AM

Allied Gold sees all resolutions passed at AGM

Allied Gold (LON:ALD) has advised that all of the resolutions considered and voted upon by the shareholders were passed on a show of hands at the Annual General Meeting held today. At 11:59am: (LON:ALD) Albidon share price was -1.25p at 97.25p Story
10-May-2012 08:23 AM

Allied Gold issues addendum to activities report

Allied Gold Mining has issued an addendum to its activities report for the March quarter following a review by the Australian Securities Exchange At 8:23am: (LON:ALD) Albidon share price was +4p at 117p Story provided by
04-Apr-2012 09:11 AM

Aldata Solution appoints CFO

Aldata Solution has appointed Michael Todd Sanders as the company's new chief financial officer and as a member of the corporate management team. Sanders reports to chief executive Roy Simrell. Former CFO Graham Howell will remain with the compan
01-Mar-2012 08:26 AM

Allied Gold in the red despite higher revenues

Allied Gold Mining plunged into the red in the year to the end of December - despite increased production and an 81% rise in revenues. Allied Gold produced 108,338 ounces of gold - 55% up on the previous year. The increase was primarily due to the inc
21-Feb-2012 09:46 AM

Aldata in the red as sales fall

Aldata posts a pre-tax loss of �?¬6.5m for 2011 as net sales fell by �?¬4.5m to �?¬68.6m. The loss compares with a pre-tax profit of �?¬1.2m a year ago. Research and development costs totalled �?¬8.7m (�?¬9.9m), of which �?¬0
06-Feb-2012 09:28 AM

Allied Gold denies moves to oust it as Simberi operator

Allied Gold Mining has dismissed suggestions that landowners are seeking to replace it as the 100% owner and operator of the Simberi mine. The company said it noted recent speculation in the Papua New Guinea media and comments by some provincial and isla
24-Jan-2012 08:44 AM

Allied Gold reaffirms output guidance

Allied Gold Mining has described 2011 as one of mixed fortunes for the company but it has reaffirmed its output guidance of 180,000 for this year. It said that during 2011 it redeveloped and recommenced production at Gold Ridge, battled with mechanical
05-Jan-2012 08:38 AM

Allied Gold agrees new $80m gold loan

Allied Gold has agreed a new three-year $80m hedge-free gold loan with RK Mine Finance, which specialises in global funding for mining companies. The loan will be used to repay the company's existing $55m in corporate borrowings and will provide su
14-Dec-2011 09:30 AM

Allied Gold's Simberi mine unaffected by quake

Allied Gold Mining's Simberi gold mine in Papua New Guinea has not been affected by the earthquake that struck the area and operations are continuing unabated. The quake - which had a magnitude of 7.1 - struck 89km from the city of Lae, at a depth o
31-Oct-2011 09:46 AM

Allied Gold output rises

Allied Gold Mining's output rose to 36,085 ounces in the three months to the end of September - up from 28,344 oz in the previous quarter. The average gold sales price was $1,751 compared to $1,518 in the second quarter. Output at the Simberi mine
25-Oct-2011 09:38 AM

Allied Gold's Simberi mine pours 250,000th ounce

Allied Gold Mining's Simberi mine in Papua New Guinea resumed production and poured its 250,000th ounce of gold since output began in 2008. The mine - which began with a modest eight-year outlook - is now putting in place expansion and efficiency
03-Oct-2011 11:18 AM

Allied Gold Mining steps up production

Allied Gold Mining produced 36,085 ounces in the quarter ended in September which was higher than the average so far this year. For the nine months so far this year it has produced 77,157 ounces. The company will release more detail regarding its operat
09-Sep-2011 08:00 AM

Allied Gold included in FTSE indices

FTSE Group has approved Allied Gold's inclusion in the FTSE All-Share and FTSE Small Cap indices. The company's inclusion will be applied after the close of business on 16 September and will be effective on 19 September. At 8:00am: (LON:AL
31-Aug-2011 08:16 AM

Allied Gold encouraged by Charivunga results

Ongoing exploration at Allied Gold's Gold Ridge mine in the Solomon Islands confirms extensions of mineralisation in the Charivunga area, between the four currently defined Gold Ridge pits. Assay results for samples from the first four core holes d
24-Aug-2011 08:55 AM

Allied Gold given assurance over proposed PNG legislation

Allied Gold has been assured that it will not be affected by proposed changes to Papua New Guinea's resources and minerals legislation. Allied Gold says it has been advised by the PNG Chamber of Mines that any potential changes to legislation would
16-Aug-2011 09:12 AM

Allied Gold founding director resigns

Allied Gold Mining founding director Greg Steemson has resigned to pursue other interests. The board expressed its gratitude to Steemson for his contribution to the development of the company's operations throughout his tenure as a non-executive di
15-Aug-2011 10:29 AM

Allied Gold Mining boost production after raising $92m.

Allied Gold Mining has raised $92m. of capital net of transaction costs to fund its Simberi expansion. The money will also be used to restructure debt, exploration and working capital. Frank Terranova has been appointed CEO and Managing Director and the
28-Jul-2011 03:22 PM

Allied Gold Mining output up 155%

Allied Gold Mining posts a loss of $3.1m for the six months to the end of June. But the firm says with two operating mines, increasing exploration activity and a robust balance sheet, it is now well positioned as an emerging mid tier Pacific Rim gold pro
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