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12 Oct
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ADM Energy reduces Aje project debt with latest lifting

Natural resources investment company ADM Energy announced the completion of the 16th lifting at the Aje Field, part of the OML 113 offshore Nigeria licence, on Tuesday.

12 Oct
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London close: Stocks weaker as IMF cuts growth forecasts

London stocks closed in negative territory on Tuesday amid worries about inflation and Chinese property group Evergrande, after investors had the day to mull the latest UK jobs data.

12 Oct
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GSTechnologies shares surge on CEO appointment

Financial technology company GSTechnologies announced the appointment of its existing executive director Bai GuoJin, or ‘Jack Bai’, as its new chief executive officer on Tuesday, with immediate effect.

12 Oct
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InnovaDerma ropes in Love Island star as 'Skinny Tan' ambassador

Beauty brand development company InnovaDerma announced the appointment of Instagram “influencer” Liberty Poole as a brand ambassador for its Skinny Tan products on Tuesday.

12 Oct
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Cobra executes first phase of exploration programme at Wudinna

South Australia-focussed gold exploration company Cobra updated the market on its recent exploration activities at the Wudinna Gold Project on Tuesday, reporting that it had successfully executed the first phase of its 2021 exploration programme through an “extensive” geochemistry drilling programme using pathfinder chemistry.

12 Oct
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Avation delivers ex-Virgin ATR to regional Australian airline

Commercial passenger aircraft leasing company Avation has delivered an ATR 72-500 turboprop aircraft to the Australian airline Hevilift, it announced on Tuesday.

12 Oct
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Hipgnosis manager enters $1bn partnership with Blackstone

Music intellectual rights specialist Hipgnosis Song Management and NYSE-traded investment manager Blackstone announced a new partnership on Tuesday, backed by funds managed by Blackstone, which would initially deliver $1bn (£0. 73bn) to acquire music rights and manage catalogues.

12 Oct
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Chaarat completes drilling programme at Kyzyltash

Armenia-focussed mining company Chaarat Gold announced the completion of the Kyzyltash 2021 drilling programme on Tuesday, which intersected significant high-grade gold intercepts within the current JORC-compliant measured, indicated and inferred ("M,I&I") sulphide resource of 5. 4 million ounces at 3. 8 grams per tonne.

12 Oct
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Asia report: Markets weaker as energy prices rise

Markets were in the red across Asia on Tuesday, as oil prices rose, with an electric vehicle affiliate of the embattled China Evergrande jumping higher in Hong Kong after a production announcement.

12 Oct
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Enwell reports progress at Ukraine operations

Oil and gas exploration and production company Enwell Energy updated the market on its operational activities in Ukraine on Tuesday, where it operates the Mekhediviska-Golotvshinska (MEX-GOL), Svyrydivske (SV) and Vasyschevskoye (VAS) gas and condensate fields, as well as the Svystunivsko-Chervonolutskyi (SC) exploration licence.

12 Oct
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Hummingbird makes progress with Kouroussa development plans

Hummingbird Resources updated the market on the development of the high-grade Kouroussa Gold Mine in Guinea on Tuesday, reporting that it had secured a group-level financing package from Coris Bank International to fully fund the project into production, along with internal cash flows.

12 Oct
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Ethernity signs supply contract with European OEM

Data processing technology company Ethernity Networks has signed a contract with a global wireless original equipment manufacturer (OEM) based in Europe to supply its ‘ENET 4840’ 40Gbps FPGA system-on-chip (SoC), it announced on Tuesday, with support for carrier ethernet switching, wireless bonding, and IPSec security.

12 Oct
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Ariana Resources upbeat on development at Venus

Mineral exploration and development company Ariana Resources updated the market on Cyprus-focussed gold and copper firm Venus Minerals on Tuesday, in which it is continuing its earn-in to 50%.

12 Oct
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Galantas Gold rises on latest drilling at Omagh

Galantas Gold Corporation released results for its ongoing 4,000-metre drill programme at the Omagh Project in Northern Ireland on Tuesday, reporting that the first hole to target the Kearney vein from an underground drill platform returned two high-grade intersections.

12 Oct
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OnTheMarket on track to beat full-year expectations

Property portal operator OnTheMarket reported a 46% improvement in revenue in its first half on Tuesday, to £14. 9m, with average revenue per agency (ARPA) ahead 52%.

12 Oct
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Stagecoach reports ongoing recovery in passenger demand

Passenger transport operator Stagecoach Group said in a trading update on Tuesday that passenger demand for its regional bus operations had been recovering in recent weeks alongside the return of schools and universities.