News And Announcements
Helium One finds helium-enriched gas at Rukwa
Helium One announced the presence of helium-enriched gas in drilling mud in the lake bed formation while drilling the Tai-1 well at the wholly-owned Rukwa Project in Tanzania on Monday.
Kefi remains on track with Tulu Kapi project
Gold and copper exploration and development company Kefi updated the market on its operations on Monday, reporting that the Tulu Kapi gold project in Ethiopia remained on track with previous guidance.
Chaarat enters new investment deal with Turkish mining contractor
Armenia and Kyrgyz Republic-focussed gold mining company Chaarat has entered into a new investment agreement with Turkish mining construction and contract company Çiftay İnşaat Taahhüt ve Ticaret, it was announced on Monday.
Moderna to ramp up Covid-19 vaccine production
US biotech Moderna is to ramp up production of its Covid-19 vaccine, it was reported on Monday.
Alien Metals completes second phase of drilling on Hancock tenement
Minerals exploration and development company Alien Metals announced the completion of its phase 2 drilling programme on the Hancock tenement on Monday, which is part of the Hamersley Iron Ore Project in Western Australia.
Record growth in house prices starting to slow - Rightmove
The pace of house price growth has eased, industry data published on Monday showed, as record prices and a shortage of housing stymie demand.
Deutsche Bank upgrades St James's Place to 'buy'
Deutsche Bank has upgraded its rating on St James’s Place to ‘buy’, arguing that there is now better visibility surrounding the firm's long-term financial targets.
UK Oil & Gas making rapid progress in Turkey
UK Oil & Gas announced on Monday that, following completion of the Basur-3 appraisal well's drilling pad and finalisation of the rig contract, the Oceanmec Karahan ZJ40DZ rig had now been mobilised to the site from western Turkey.
Remote working set to stay in London - survey
London-based firms are unlikely to insist workers return to the office full-time once Covid-19 restrictions are lifted, a survey published on Monday found.
Wameja shares rise as settlement deal proceeds
Wameja, a joint venture partner of Mastercard in the ‘HomeSend’ global payments service, said on Monday that the settlement agreement it announced on 18 June had now been executed by all parties.
Malvern optimistic after pandemic hammers 2020 revenues
Education company Malvern International reported a 60% fall in revenues from continuing operations in its final results on Monday, to £1. 9m.
Remote Monitored Systems signs hydroponics deal with PIC
Remote Monitored Systems has signed an agreement with PIC Consultants, it announced on Monday, to supply a new range of high-grade retail hydroponic nutrients for distribution into the UK hydroponics market.
88 Energy agrees sale of Alaskan tax credits to pay down debt
88 Energy has agreed to the sale of all the Alaskan oil and gas tax credits currently held by its wholly-owned subsidiary Accumulate Energy Alaska, it announced on Monday.
Providence losses narrow as it 'takes control' of Barryroe development
Providence Resources reported an operating loss of €2. 44m (£2. 1m) in its annual results on Monday, narrowing from €25. 94m in the prior year.
Avacta enters non-exclusive distribution deal for Covid-19 test
Diagnostics and cancer therapies developer Avacta Group has entered into a non-exclusive distribution agreement with life science products company Calibre Scientific, it announced on Monday, for its ‘AffiDX’ SARS-CoV-2 antigen lateral flow test for professional use in the UK and the European Economic Area (EEA).
Capita sees revenue growth; Sells Axelos stake for £183m
UK outsourcer and government contractor Capita on Monday said it was on track to post revenue growth for the first time in six years as trading in the first half of 2021 improved.
TRIG finds signs of fatigue on Merkur turbines
The Renewables Infrastructure Group (TRIG) said on Monday that routine inspections at Merkur had identified signs of stress fatigue on certain areas of the support structure of the Helihoist on some of the 6MW wind turbines.
CNH Industrial to buy Raven Industries in $2.1bn deal
Italian-American vehicle maker CNH Industrial said on Monday that it has agreed to buy US precision agriculture company Raven Industries in a $2. 1bn deal.
Ackman SPAC to buy 10% of Vivendi's Universal
Hedge fund billionaire Bill Ackman’s Pershing Square has agreed to buy a 10% stake in Vivendi’s Universal Music Group for $4bn.
Kerry to buy preservatives maker Niacet for €835m
Irish food company Kerry Group said on Monday that it has agreed to buy preservatives maker Niacet for €853m.