Company News
Iofina restructures debt to continue upgrades and expansion
Iofina on Tuesday secured an extension to its loan notes and term loan facility provided by Stena Investment Sarl, with the repayment date for the company's convertible loan notes and Stena loan extended to 1 July 2020.
Andalas dives as acquisition progress falters
Andalas Energy and Power tumbled on Tuesday after its efforts to acquire the Bunga Mas PSC (PSC) prospect in Indonesia hit a snag due to a dispute with contractors at the site.
Wednesday preview: CPI data, Smurfit Kappa and Whitbread in focus
Barring surprises on the global trade or Brexit fronts, the market spotlight on Wednesday is likely to fall on US consumer price data covering the month of January.
Frontier IP incorporates new firm in Portugal
University intellectual property commercialisation specialist Frontier IP announced “strong progress” in Portugal on Tuesday, with the incorporation of a new company which would be called ‘Insignals Neurotech’.
Connemara Mining to change name to Arkle Resources
Irish gold and zinc exploration and development company Connemara Mining Company proposed to change its to ‘Arkle Resources plc’, it announced on Tuesday.
Bezant Resources pleased with optimisation study results
Copper-gold exploration and development company Bezant Resources updated the market on the results of an independent study assessing the optimisation of potential future mine development for its Mankayan copper-gold project, located on the Island of Luzon in the Philippines, on Tuesday.
Draper Esprit completes acquisition of shares in two funds
Technology venture capital company Draper Esprit confirmed the completion of two acquisitions on Tuesday, of shares in both the EB IV and DEF funds.
The Panoply buys GreenShoot Labs for up to £7.35m
Technology services company, The Panoply, has announced the acquisition of GreenShoot Labs - a provider of enterprise digital solutions using applied Artificial Intelligence and conversational interfaces - for up to £7. 35m.
Nissan cuts profits forecast as global car sales fall
Japanese car giant Nissan has taken a ¥9. 2bn (£65m) charge and slashed full-year profit forecasts as it continues to manage the fallout from the arrest of former chairman Carlos Ghosn.
British union calls on HMRC to investigate TGI Fridays
Unite is to complain to the UK tax authorities about restaurant chain TGI Fridays, the trade union said on Tuesday.
Kodal Minerals upbeat on latest assay results from Bougouni
Mineral exploration and development company Kodal Minerals reported the receipt of final assay results for the drilling completed at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Tuesday.
Redx Pharma reveals promising data on 'ROCK2' compound
Drug discovery and development company Redx Pharma announced promising preclinical efficacy data for its lead selective ‘ROCK2’ compound on Tuesday.
Tlou Energy completes first Lesedi well pod
Tlou Energy successfully completed the drilling of the its first development pod at its coal bed methane project in Botswana on Tuesday.
Peppa Pig World of Play launches in America
Entertainment One has launched its first Peppa Pig attraction in the US, as part of the popular preschool TV character's ongoing global rollout.
First Light aims to demonstrate fusion energy in 2019
First Light Fusion aims to demonstrate the creation of fusion energy by the middle of this year, after the Oxford-based company completed the building and initial testing of its unique pulsed power device.
Ryanair applauds Court of Appeal ruling in 'claims chaser' spat
Irish low-cost carrier Ryanair welcomed the Court of Appeal's ruling to uphold its policy of communicating and paying EU261 compensation directly to consumers on Tuesday.
Serabi Gold employee dies after accident at Brazilian mine
Mining outfit Serabi Gold revealed that an employee at its Palito gold mine in Brazil had died following an accident at the site.
Nu-Oil and Gas' joint-venture partners up with Siemens
Nu-Oil and Gas on Tuesday confirmed that Marginal Field Development Company (MFDevCo), its 50%-owned joint-venture, has entered into a collaboration agreement with Siemens' Dresser-Rand business.
Michelin cheers auto investors with upbeat outlook
Shares in the auto sector revved higher as France’s Michelin posted a forecast-beating set of results and pledged further growth in 2019.
Plus500 shares hammered after profit warning
Online trading company Plus500 warned current year profits would be “materially lower” than market expectations due to new European Union regulations on financial products, with the news wiping more than a third off the share price on Tuesday.