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London Mining Rises Most in Six Weeks as Liberum Says to Buy
Nov. 16, 2011 02:36PM PST
Base Metals Investing Bloomberg reported London Mining Plc (LSE:LOND) rose the most in six weeks after Liberum Capital Ltd. urged investors to buy the stock.
Bloomberg reported London Mining Plc (LSE:LOND) rose the most in six weeks after Liberum Capital Ltd. urged investors to buy the stock.
As quoted in the market news:
The company advanced 5 percent to 292.5 pence by the close in London trading, the biggest gain since Oct. 5, as the FTSE 350 Mining Index rose 0.1 percent. London Mining, seeking to become a 16 million metric-ton-a-year producer of iron ore by 2016, will begin output and shipments from Marampa next month, it said in presentation slides posted on the company’s website.