Company News
Kibo makes regulatory progress with Mbeya coal-to-power project
Tanzania-focussed mineral exploration and development company Kibo Mining updated the market on the Mbeya Coal-to-Power Project on Tuesday.
Petrofac sells interest in Mexico's Panuco oil field
Petrofac has sold off its final interest in its Mexico's Panuco oil field to Schlumberger.
Sphere Medical plunges after warning it could run out of cash
Shares of Sphere Medical plunged after the company said it would likely be forced into insolvency, unless it could fresh financing which was conditional on its delisting from AIM.
OptiBiotix grants Sacco exclusive licence for anti-cholesterol drug
Life sciences firm OptiBiotix Health granted biotechnology group Sacco SRL an exclusive licence for the manufacture and supply of its cholesterol and blood pressure reducing strain of drugs.
Cohort finalises MCL acquisition
UK based technology group, Cohort PLC said on Tuesday that it had completed its 2014 acquisition of MCL after it paid a final £2. 5m instalment to MCL shareholders.
Pensions Regulator to prosecute former BHS owner Dominic Chappell
The Pensions Regulator is prosecuting former BHS owner Dominic Chappell for failing to disclose information in connection with the sale of the retailer.
Haydale enters technical collaboration with Rogers Advanced Composites
Advanced materials group Haydale Graphene announced on Tuesday that it has agreed heads of terms for a technical and commercial collaboration with Rogers Advanced Composites.
Rose Petroleum gets final approval for Paradox seismic survey
Natural resources business Rose Petroleum announced on Tuesday that it has now received all necessary final approvals for its 3D seismic survey on its oil and gas exploration acreage in the Paradox Basin, Utah, and the permitting process for the proposed survey is now complete.
Secure Trust plays it safe, increases credit criteria with positive results
Business and consumer financier, Secure Trust Bank announced it would continue to take steps aimed at decreasing its credit exposure by upping its acceptance criteria for small to medium-sized customers over the first half.
Sound Energy shuts down Italian operations
Sound Energy announce on Tuesday it would soon complete operations at its onshore project in Italy, adding that with the rig already disassembled operations to plug and abandon the well would be completed by September.
Filta Group buys drain specialist Grease Management
AIM-listed Filta Group, a provider of fryer management and other services to commercial kitchens, has acquired Grease Management (GMG) for up to £1. 11m in cash.
EU Supply wins four new contracts
AIM-listed e-procurement software provider EU Supply has announced four new contracts for the use of its CTM platform, including the first contract in Germany through its distributor T-Systems.
CLS completes acquisition of Züblin portfolio
UK based investment property firm, CLS Holdings confirmed on Tuesday it had completed a previously announced acquisition of twelve properties in Germany for a cash value of €148m.
Sareum Holdings sees full-year profit ahead of market expectations
Sareum Holdings said on Tuesday that it expects full-year profit and cash at bank to be ahead of market expectations.
IP Group's Istesso begins new phase in arthritis study
IP Group announced on Tuesday that its majority owned subsidiary Istesso had completed a successful first round of dosing in a Phase 2a study of a potential rheumatoid arthritis drug.
Sports Direct ups Debenhams stake to 21%
Mike Ashley's Sports Direct has lifted its stake in department store chain Debenhams to 21% from 19%, giving it 10. 5% of the voting rights.
BHP Billiton puts US shale assets on the block
BHP Billiton gave into pressure from shareholders, putting its US onshore oil assets on the block and deferring plans to move forward in potash.
Wood Group earnings fall more than forecast amid tough North Sea
First half earnings from oil services engineer Wood Group were down more than expected due to a challenging North Sea performance, though a stronger second half is expected to keep the full year on track.
Cairn Energy sets out oil resource for Senegal's SNE field
Having completed a five-well appraisal drilling programme offshore Senegal earlier in the summer, Cairn Energy said it now was targeting production rates of 75,000-125,000 barrels of oil per day with first oil planned 2021-2023.
Antofagasta H1 earnings jump on higher copper prices
Chilean copper miner Antofagasta reported a jump in earnings for the first half as revenues rose amid higher copper prices.