Company News
Wolf Minerals receives additional £10m funding
Speciality metals producer Wolf Minerals announced on Friday that Resource Capital Fund, a mining-focused private equity firm, has agreed to make available an additional £10m in funding for the company.
Peel Hotels suffers in first half
Peel Hotels reported a 5. 1% decrease in sales in its interim results on Friday, to £8. 65m, while operating profit fell 31. 3% to £0. 6m.
Egdon Resources completes acquisition of producing Fiskerton Airfield oil field in Lincolnshire, UK
Egdon Resources on Friday reported it had completed the acquisition of the producing Fiskerton Airfield oil field in Lincolnshire.
British fashion retailer Jigsaw searching for a new buyer
Luxury British fashion retailer Jigsaw is on the look-out for a new buyer on Friday, as the company battles with weakening retail sales and rising inflation.
New Saudi plastics laws boost Symphony Environmental
So-called smart plastics technology company Symphony Environmental Technologies updated the market on its trading on Friday, following the “positive start” to the second half of the year announced in its interim results on 7 September.
Disappointments continue for recently-minted System1 Group
Marketing services group System1 reported a 10% revenue decline in its first half on Friday, to £13. 82m, or 12% at constant currency.
ATTRAQT lowers guidance following financial review
ATTRAQT Group updated the market on its “detailed review” of its forecasts on Friday, which was initiated at the board’s request following the appointment of Eric Dodd on 1 September.
Connemara completes drilling and sampling at Inishowen
Connemara Mining confirmed on Friday that drilling at the Meeneragh gold target, and further sampling at new gold targets has now been completed.
Caspian Sunrise confirms fresh agreement with Kazakh authorities
Central Asian oil and gas company Caspian Sunrise updated the market with news of the extension of its licence at its flagship BNG Contract Area on Friday.
Kibo Mining granted ESIA certificate by Tanzania government
The Tanzanian government has awarded the Environmental and Social Impact Assessment (ESIA) certificate to both the Mbeya Coal Project and the Mbeya Power Generation Project (MCPP), Kibo Mining announced on Friday.
Metal Tiger shares in Kingsgate Consolidated now stands at 14.9m
Metal Tiger, the AIM-listed natural resource company, has reported that it now holds 14. 9m shares in mineral exploration company Kingsgate Consolidated Limited.
Personal Group sees FY revenue below last year
AIM-listed Personal Group said on Friday that revenue for the current year is now expected to be lower than in 2016, but it will meet its full year earnings profit expectations.
Shire third-quarter earnings up 20%, reiterates FY guidance
Shire posted a jump in third-quarter earnings on Friday thanks in part to its immunology franchise, as it reiterated its full-year guidance.
Saudi Aramco overseas IPO only one 'option', finance minister says
Saudi Aramco’s initial public offering may not be happening after all, following comments by state finance minister Mohammed Al-Jadaan in which he said the flotation was only one ‘option’.
Clariant and Huntsman drop merger plans on activist investor pressure
Swiss chemicals company Clariant and US-based Huntsman Corp have reached a mutual agreement to drop their proposed merger of equals following pressure from US activist investors.
Xpediator gobbles up Benfleet Forwarding
Freight management services provider Xpediator announced on Friday it has acquired the UK-based international freight forwarder Benfleet Forwarding.
ProAxis enters clinical partnership with National Jewish Health, says NetScientifc
ProAxis, the portfolio company of NetScientific, said it has entered into a clinical trial partnership with National Jewish Health [NJH], the leading respiratory hospital in the United States, announced NetScientific on Friday.
John Johnston out, Alan Lovell in at Flowgroup board
Energy services and residential gas and electricity supply company Flowgroup announced the appointment of Alan Lovell to the board as non-executive chairman on Friday, effective as of Thursday.
ReNeuron wins UK grant to advance its exosome therapy platform
Specialist in cell-based therapeutics ReNeuron Group clinched a new grant award from the Welsh government for the advancement of its emerging exosome therapy platform, the company announced on Friday.
Pennsylvania law change set to boost GAN in 2018
Supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, GAN, was welcoming the final approval by the Pennsylvania House of Representatives of HB 271, a bill that includes provisions for the legalisation of full real money Internet casino gaming in the state, on Friday.