Advertisement
UK markets open in 2 hours 47 minutes

  • NIKKEI 225

    37,938.81
    +310.33 (+0.82%)
     

  • HANG SENG

    17,628.61
    +344.07 (+1.99%)
     

  • CRUDE OIL

    83.81
    +0.24 (+0.29%)
     

  • GOLD FUTURES

    2,346.90
    +4.40 (+0.19%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • Bitcoin GBP

    51,425.39
    +131.13 (+0.26%)
     

  • CMC Crypto 200

    1,389.46
    +6.88 (+0.50%)
     

  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

BUZZ-Australia's Iluka Resources up; amends royalty agreement with BHP

Reuters - UK Focus

** Mineral sands explorer Iluka Resources Ltd (Other OTC: ILKAF - news) up as much as 1.8 pct

** Company amends a royalty agreement with BHP Billiton (NYSE: BBL - news) and its joint venture partners

** Iluka to get an immediate one-off payment of US$8 mln as part of the changes

** Stock among top percentage gainers on ASX 300 Metals & Mining Index (Jakarta: ^JKMING - news)

** Says the amendment will increase the revenue base upon which the royalty is payable and decrease the royalty rate from 1.25 pct to 1.232 pct

** Deutsche Bank (Xetra: 514000 - news) raises Iluka's price target to A$8.9 from A$8.8, citing strong recovery in sales volumes during the June quarter (Reuters Messaging: anusha.r.thomsonreuters.com@reuters.net)