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    AIM Round-Up: Mining Companies Boost AIM to 885.44 Points

    Written by Investing News Network
    |
    Jan. 17, 2014 11:10AM PST

    The resource and mining sectors contributed to gains made by the AIM on Friday.

    The Alternative Investment Market (AIM) was lifted by 1.33 points, or 0.15 percent, to 885.44 points on Friday. Overall, European stocks made positive moves on Friday, urged on by optimistic remarks from European Central Bank governing council member Jens Weidmann. More specifically, however, U.K stock growth was boosted by gains in the resource and mining sectors.
    Bermuda-based Nova Resources (LSE:NOVA) was the day’s top gainer, with an increase of GBP0.238, or 35 percent to a price of GBP0.75. Strategic Minerals PLC (LSE:SML) also gained Friday. The U.K.-based mineral exploration and development company focusing on iron ore gained GBP0.576 or 27.69 percent to a price of GBP2.05.
    Plutus Resources PLC (LSE:PLR) lost GBP0.108 or 13.89 percent on Friday to a price of GBP0.78. The company includes energy and environmental intellectual property and technology, and its subsidiary IPSol Energy Limited provides solar photovoltaic testing and certification services. Alecto Minerals PLC (LSE:ALO), involved in the exploration and development of precious and base metals, also fell Friday, dropping GBP0.240 or 12.64 percent to a price of GBP1.90.

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