News And Announcements
Rio Tinto automated iron ore train derails in Western Australia
An automated iron ore train operated by mining giant Rio Tinto has derailed after colliding with a set of stationary wagons in north-western Australia on Monday, the company said.
Anglo American rejects second, £34bn takeover offer from BHP
BHP said on Monday that Anglo American has rejected a revised offer from the Australian miner which valued the company at £34bn.
Treasury reportedly planning significant sale of NatWest stake
The Treasury is finalising plans for a significant sale of its remaining stake in NatWest Group, it was reported on Monday, in a bid to expedite the bank's privatisation and stimulate retail investment in the UK.
Squarespace to go private in $6.9bn deal with Permira
Web design and hosting platform Squarespace announced on Monday that it is to go private in a $6. 9bn all-cash transaction with global private equity firm Permira.
Pilots at easyJet reportedly reject pay offer
Pilots at easyJet could be on strike over the crucial summer holiday period, it emerged on Monday, amid reports their union had rejected a pay offer.
Active Energy in various talks over future of CoalSwitch
Active Energy, a renewable energy company specialising in biomass-based solutions, said in an update on Monday that it had entered discussions with various parties regarding strategic opportunities and the potential sale of its ‘CoalSwitch’ assets.
Golden Metal reports exploration progress at Pilot Mountain
Golden Metal Resources updated the market on exploration activities at its wholly-owned Pilot Mountain Project on Monday, in the prolific Walker Lake Mineral Belt in Nevada.
Diploma shares hit record high on FY guidance upgrade
Shares in Diploma hit a record high on Monday as the specialist product distribution business lifted annual guidance after a 17% rise in adjusted half-year earnings, boosted by acquisitions.
Team Internet pleased with first-quarter performance
Team Internet Group reported organic revenue growth of 8% for the 12 months through March on Monday, with gross revenue increasing 1% to $195. 9m in the first quarter year-on-year, while net revenue rose 4% to $47. 6m, with a gross margin increase from 23. 5% to 24. 3%.
Zoo Digital confident in meeting full-year expectations
Entertainment localisation and media service provider Zoo Digital Group said in an update on Monday that it has renewed its debt facilities with HSBC for an additional 12 months, amounting to $3m.
Hercules Site Services trading as expected in first half
Infrastructure labour supply company Hercules Site Services said in a trading update on Monday that its performance aligned with market expectations for the full year ending 30 September, with projected revenue exceeding £47m for the first half.
Asda submits plans to redevelop store, build 1,500 homes in NW London
UK supermarket group Asda on Monday revealed plans to redevelop a 10-acre site in North West London, hoping to create a new town centre that includes 1,500 new homes.
FRP Advisory acquires Hilton-Baird in £7m deal
FRP Advisory Group announced on Monday that it has finalised the acquisition of Hilton-Baird Group, a commercial finance and risk management specialist, for £7m.
Jaywing makes board changes amid mixed trading
Jaywing announced a number of changes to its board on Monday, with chief executive officer Andrew Fryatt having resigned, effective immediately.
SoftBank trims annual losses as NAV jumps
Japanese tech investment management giant SoftBank saw shares rise on Monday after reporting a significant drop in full-year losses and a near-doubling in net asset value.
Bezant Resources starts geophysical surveying at Kanye
Bezant Resources announced the start of geophysical surveying at the Kanye battery manganese project in Botswana on Monday, following positive outcomes from phase two metallurgical test work.
Anglesey Mining receives last Parys Mountain infill assay results
Anglesey Mining announced the receipt of assay results for drill hole NCZ003 on Monday, marking the completion of the third hole in the infill drilling programme at the Parys Mountain copper-zinc-lead-silver-gold VMS project on the Isle of Anglesey in North West Wales.
Raspberry Pi preparing for £500m float - reports
British technology firm Raspberry Pi is preparing for a £500m initial public offering (IPO) this month, it was reported on Sunday.
Former UK minister Nadhim Zahawi appointed chair of Very Group
Controversial former UK finance minister Nadhim Zahawi has been appointed as chair of online retailer Very Group, just days after confirming that he would step down from parliament at the next general election.
Harbour Energy notes 'significant' gas discovery in Indonesia
Harbour Energy noted on Monday that operator Mubadala Energy has made a "significant" discovery at the Tangkulo-1 exploration well on the South Andaman licence in Indonesia, in which it has a 20% interest.