News And Announcements
Intelligent Ultrasound up as GE Healthcare launches AI product
Artificial intelligence-based software and simulation company Intelligent Ultrasound announced on Wednesday that GE Healthcare has launched its new AI-enhanced women's health ultrasound system, ‘Voluson SWIFT’.
Pressure Technologies wins £3m nitrogen storage contract as oil sector struggles
Specialist engineering group Pressure Technologies updated the market on a new contract award and a milestone delay on an existing contract on Wednesday, confirming that its Chesterfield Special Cylinders (CSC) division has secured a significant contract of more than £3m, to supply nitrogen storage solutions to EDF Energy for several UK nuclear power plants.
Agnico joins Newmont on Orosur's Anza Project in Colombia
Orosur Mining announced on Wednesday that it has been informed by Newmont that it has entered into a joint venture agreement with Agnico Eagle Mines, under which the two companies would jointly assume and advance Newmont's prior rights and obligations over the Anzá Project in Colombia on a 50-50 basis, with Agnico as operator of the joint venture.
Water Intelligence reacquires Brisbane subsidiary
Leak detection and remediation technology company Water Intelligence announced on Wednesday that it has agreed to reacquire its franchise operation in Brisbane, Australia, within its American Leak Detection (ALD) subsidiary.
Armenia conflict having 'minimal impact' on Chaarat Gold mine
Mining company Chaarat Gold updated the market on the current situation in Armenia on Wednesday, where it has an operating mine, in the wake of military action between Azerbaijan and the country.
Genedrive gets approval for Covid-19 kit in South Africa
Molecular diagnostics company Genedrive announced on Wednesday that its ‘Genedrive 96’ SARS-CoV-2 kit has received approval from the South African Health Products Regulatory Authority, having been submitted for evaluation in June.
Kore Potash begins work on DX feasibility study
Potash development company Kore Potash announced on Wednesday that, following its recent equity fundraise, work has started on the definitive feasibility study for its DX Project in the Sintoukola Basin.
San Leon announces extension to Nigeria investment
San Leon Energy updated the market on its proposed investment in Decklar Petroleum and the Oza Field in Nigeria on Wednesday, which it initially announced at the beginning of September.
Integumen enters deal with Detroit water quality non-profit
Integumen has signed a memorandum of understanding with Detroit-based non-profit organisation Water Rising Institute, it announced on Wednesday, to enter a legally-binding three-year framework agreement.
Enwell subsidiary wins appeal in Ukraine legal dispute
Oil and gas exploration and production company Enwell Energy updated the market on the Ukraine legal proceedings relating to the Svystunivsko-Chervonolutskyi exploration licence on Wednesday.
Caledonian Trust makes progress on delayed St Margaret's House sale
Edinburgh-based property investment and development company Caledonian Trust updated the market on its proposed sale of St Margaret's House on London Road in Edinburgh to Drum Property Group on Wednesday.
Altus Strategies upbeat on resource estimate at Tabakorole
Altus Strategies announced the results of a mineral resource estimate at its Tabakorole gold project in southern Mali on Wednesday.
G4S rejects new £2.97bn bid from Gardaworld
Security group G4S on Wednesday rejected £2. 97bn cash offer from rival GardaWorld as “opportunistic”, having rebuffed an earlier similar bid from the Canadian outfit.
Tertiary fluorspar project disappoints as it continues other work
Tertiary Minerals updated the market on its exploration projects in Nevada on Wednesday, reporting that at the Peg Leg copper-silver-lead-zinc project’s main target, it had exposed skarn copper-zinc-silver mineralisation in limestone adjacent to granite contact.
Inland Homes completes two 'major' land sales
Housebuilder and brownfield developer Inland Homes has completed two major land sales, it announced on Wednesday, in Wilton Park, Buckinghamshire, and Cheshunt Lakeside, Hertfordshire.
Kropz confirms changes to management team
Africa-focussed phosphate explorer, developer and producer Kropz updated the market on its management team on Wednesday, reporting that Jan Steenkamp had resigned as managing director of Kropz Elandsfontein, effective immediately.
3i Infrastructure 'on track' to hit dividend targets
3i Infrastructure said it was on course to meet its full-year dividend target following a strong performance across its portfolio, despite the impact of Covid-19.
Berenberg retains rating on Shell, flags 'challenging' quarter
Berenberg has retained its ‘hold’ rating on Royal Dutch Shell, but warned downgrades to earnings forecasts were likely.
Babcock names former Cobham executive finance chief to role
Babcock International has named David Mellors chief financial officer, the aerospace and defence specialist announced on Wednesday.
TSB to axe 164 branches and 900 jobs
British bank TSB announced on Wednesday that it will close 164 branches and cut around 900 jobs as it struggles with the economic effects of the Covid-19 pandemic.