News And Announcements
Savannah Resources upbeat on issue of third licence at Mutamba
Savannah Resources announced on Tuesday that the Minister of Mineral Resources and Energy in Mozambique has issued Mining Licence 9228C to Mutamba Mineral Sands.
Property Franchise Group launches new financial services division
Property Franchise Group announced on Tuesday that it has launched a new financial services division, and appointed Mark Graves to the new role of financial services director, which is a non-board position.
Lekoil shares crash after it confirms alleged fraud
Shares in Lekoil collapsed on Tuesday after the oil and gas company confirmed it had been the victim of an alleged fraud concerning a fake $184m loan.
Strategic Minerals reports fall in sales at Cobre ahead of arbitration
Battery minerals producing company Strategic Minerals updated the market on its cash position and ore sales at the Cobre magnetite operation in New Mexico for the quarter ended December on Tuesday, reporting continued improving demand from existing Cobre clients.
Frontier IP portfolio firm Fieldwork raises £0.3m for fruit picking robot
Intellectual property commercialisation company Frontier IP announced on Tuesday that its portfolio company, Fieldwork Robotics, has raised £0. 298m through an initial equity funding round.
ValiRx signs letter of intent in a bid to fund VAL401
Clinical-stage biotechnology company ValiRx updated the market on its subsidiary joint venture, ValiSeek, and its cancer therapeutic, VAL401 on Tuesday.
PSA-owned Opel to shed up to 2,100 jobs
Opel is to cut up to 2,100 jobs, the German car brand confirmed on Tuesday, as it battles 'ever-stricter' emissions regulations.
Games Workshop hails record first-half results
Miniature wargames manufacturer Games Workshop hailed record first-half results on Tuesday and said trading in December was in line with expectations.
Emmerson finalises feasibility study components for Khemisset
Morocco-focussed potash development company Emmerson has finalised the feasibility study components for the connection to road networks, including design and cost components, for its Khemisset Potash Project in Northern Morocco, it announced on Tuesday.
Endeavour ends merger talks with Centamin
Canada’s Endeavour Mining said on Tuesday that it has ended takeover talks with Centamin after deciding not to make an offer for the London-listed gold miner.
Audioboom renews agreement with one of its biggest podcasts
Podcast company Audioboom has renewed an exclusive sales and distribution contract with one of its most popular entertainment podcasts for 24 months, it announced on Tuesday, which included the opportunity to work with the content partner on further podcast projects.
Chesterfield launches percussion drill programme at Troodos West
Chesterfield Resources has started a percussion drill programme on its Troodos West copper-gold exploration region in Cyprus, it announced on Tuesday.
Personal Group reports 'good progress' on strategy
Employee services provider Personal Group Holdings updated the market on its trading following its financial year ended 31 December on Tuesday, reporting that it had continued to make “good progress” on delivering its strategy following the appointment of Deborah Frost as chief executive officer in March.
Helical lets final floor of 'The Tower' at Old Street
London-focussed property developer Helical has let the final floor of ‘The Tower’ - the second phase of its Old Street scheme at The Bower, EC1 - taking the scheme to 100% let, it announced on Tuesday.
McBride tumbles after profit warning
Household goods manufacturer McBride issued a profit warning on Tuesday as it reported a decline in first-half revenue.
MJ Hudson trading in line with expectations
International asset management consultancy MJ Hudson updated the market on its trading for the six months ended 31 December on Tuesday, following its admission to AIM on 12 December.
BlackRock pledges to put climate first as it flags 'fundamental reshaping' of finance
BlackRock, the world’s biggest asset manager, has pledged to put the climate at the heart of its investment strategy, including shunning some coal miners.
Gambling Commission bans use of credit cards for online bets
The UK's gambling regulator has banned the industry from allowing credit cards to be used to pay for online bets from April.
Boohoo lifts FY revenue guidance after record quarter
Fast fashion retailer Boohoo lifted its full-year revenue guidance on Tuesday after record trading in the final quarter of last year.
DFS H1 sales decline but FY profit seen in line with market views
Furniture retailer DFS reported a decline in interim revenue on Tuesday but said full-year profit was set to meet market expectations.