Falling diamond prices are making many small diamond mines uneconomic and things are expected to get worse before they get better. Diamonds used to be very different from other minerals. They did not suffer from the cycles where prices soared and then slumped. Diamonds would steadily rise in price over the years. The risk was all in the exploration side where it can take many millions of pounds to find and develop a mine.Full story
At last there is some good news for small, soundly based companies. Aim broker Alexander David Securities Group has launched a new EIS Fund, which will focus its investments on existing Aim companies that require cash to help them to grow their business. More
Isle of Man-registered African Medical Investments raised £5.1m at 10p a share when it joined Aim on 27 June 2008, which valued the company at £5.6m. More
Imaginatik provides collaborative software and consultancy for innovation management and problem solving. The core software product is called Idea Central. More
Bright Things has wound down its original interactive DVD business and is concentrating on social networks maker SocialGo. More
A few years ago Aim and many others were crowing when the number of companies on Aim reached 1,000. More
Training systems and software supplier Pennant International Group has won a £1.3m export order for its software-based training and this means that 2013 figures will be better than expected.
Africa Oilfield Logistics Ltd is the latest shell from former cricketer Phil Edmonds and it plans to raise £4.25m to help to finance the acquisition of a business providing services to the oil and gas sector in Africa.
Audio and video rights acquirer One Media IP Group has acquired the rights to the nineties version of The Adventures of Skippy.
A one-off export order worth £3.5m helped industrial computers and electronic components distributor Solid State achieve record figures in the year to March 2013.