News And Announcements
Global Petroleum pleased with European Court finding
Global Petroleum announced on Friday that the European Court had effectively found that its four permit applications in the Southern Adriatic, offshore Italy, did not contravene European Union law.
Scotgold upbeat on bumper fourth quarter production
Scotgold Resources updated the market on fourth quarter operations at its Cononish Gold and Silver Mine in Scotland on Friday, as it targeted a run rate of gold of 23,500 ounces by the end of the first quarter of 2023.
Tower Resources raises £1.5m for maintenance and work programmes
Africa-focussed oil and gas company Tower Resources raised £1. 5m, it announced on Friday, to fund maintenance, planning and work programme costs across its portfolio.
Orosur agrees joint venture for Brazil tin project earn-in
Orosur Mining has signed a joint venture agreement with Meridian Mining UK, it announced on Friday, in relation to the Ariquemes tin project in Brazil.
Power Metal progresses uranium plans in Saskatchewan
Exploration company Power Metal Resources updated the market on its uranium portfolio on Friday, which includes seven wholly-owned properties across 411. 96 square kilometres surrounding the Athabasca Basin in northern Saskatchewan, Canada.
Fusion Antibodies forms new scientific advisory panel
Preclinical antibody discovery, engineering and supply company Fusion Antibodies announced the formation of a new scientific advisory panel (SAP) of experts on Friday, to support research and development across its range of antibody services, and to provide advice regarding emerging science and technology issues and trends.
SmartSpace set to end year in line with market forecasts
Workplace and commercial building space management software company SmartSpace Software said in a trading update on Friday that it had been progressing its objective to build a high-growth software-as-a-service (SaaS) business, with “strong” recurring revenues.
BlackRock Q4 profits rise as AUM hit new highs
Money manager BlackRock posted a jump in fourth-quarter profit on Friday as assets under management hit fresh highs.
Treasury inches closer to minority ownership of NatWest
The UK government has offloaded another £420m worth of shares in NatWest Group, as its continues to sell down its stake in the majority state-owned bank.
Currys lowers profits guidance as shortage of games tech hits Christmas
UK electricals retailer Currys lowered annual guidance as it reported a fall in sales over the peak Christmas period as a tough comparator year, uneven customer demand and supply disruption hit revenues.
Tesla now accepting dogecoin as payment for whistle, ride-on toy
Tesla made good on its promise to start accepting dogecoin on Friday, with its chief executive officer Elon Musk saying it was now accepting the meme cryptocurrency as payment for some of its merchandise.
Petropavlovsk hopes KPMG report will 'draw a line' under governance lapses
Petropavlovsk announced on Friday that KPMG has published its final report on its forensic investigation into some of its historical transactions, identifying a number of issues with payments worth over $300m.
Foxtons sells D&G sales business to CEO James Evans
Foxtons said on Friday that it was selling the sales business of Douglas & Gordon to its current chief executive officer James Evans for a nominal consideration less than a year after buying it for £15. 5m.
McColl's chief commercial officer Crampton steps down
McColl’s Retail said on Friday that Richard Crampton plans to resign as chief commercial officer to take up the role of director of fresh food and food services at Sainsbury’s.
B&M European Value slumps as SSA Investments sells 40m shares
Discount retailer B&M European Value Retail was under the cosh on Friday after SSA Investments sold 40m shares in the company - a 4% stake - in a placing.
Bellway taps former Redrow executive John Tutte for chairman's role
Housebuilder Bellway said on Friday that chairman Paul Hampden Smith will be retiring from the board on 1 April after almost nine years as a director.
Senior sees FY in line with expectations as core markets recover
UK engineering firm Senior said its 2021 performance was expected to be in line with expectations as it saw a recovery in its core markets.
Quiz sales jump 20% over Christmas period
Fast-fashion retailer Quiz reported a 20% jump in sales over the Christmas period as it said trading for the full year was set to be in line.
Experian lifts guidance as Q3 revenues rise
Credit data firm Experian reported a 14% rise in third-quarter revenue driven by growth across all geographical units as it lifted annual guidance.
Vivo energy CFO resigns, takes job at Aston Martin
Fuels and lubricants retailer Vivo Energy revealed on Friday that Doug Lafferty had resigned in order to take up the role of chief financial officer over at world-renowned carmaker Aston Martin Lagonda.