News And Announcements
Iraqi troops move to retake Kirkuk from Kurdish control
Iraq has taken control of key areas of the disputed city of Kirkuk, seizing the international airport, a key oil field and a military base in what is an oil-rich area bordering the Kurdistan Region.
Stellar Diamonds agrees sale price for Guinea assets
West Africa-focussed diamond development company Stellar Diamonds announced on Monday that it has signed conditional share purchase agreements with Gold Knight - a wholly-owned subsidiary company of BDG Capital - in relation to the proposed sale of Stellar's assets in the Republic of Guinea, as it had previously announced on 5 June and 14 August.
Genedrive signs distribution agreement with Sysmex
Near-patient molecular diagnostics company Genedrive announced on Monday that it has signed a distribution agreement with Sysmex Europe, a subsidiary of Sysmex Corporation, for the Genedrive HCV ID Kit and Genedrive platform in the Europe-Middle East-Africa region, with an initial focus on Africa.
Blue Star's SatoshiPay opens IOTA demo to public
New technologies-focussed investment company Blue Star Capital announced on Monday that, further to its update on 29 September regarding SatoshiPay's proof-of-concept project with the IOTA Foundation, SatoshiPay has now released the proof-of-concept demo site to the public.
Spectra Systems flags bumper royalties in current year
Banknote authentication and brand protection technology provider Spectra Systems Corporation announced on Monday that it has been informed by its covert authentication technology licensee that royalties based on finished printed notes will reach a record level in 2017.
InterContinental Hotels to make $74m from Avendra sale
InterContinental Hotels said on Monday that the owners of Avendra, a North American hospitality procurement services provider in which it has a 6. 3% minority interest, have reached a binding agreement to sell the company to Aramark for $1. 35bn.
Avesoro enters agreement to purchase new heavy mining equipment
West African gold producer Avesoro Resources announced on Monday that its wholly-owned subsidiary Bea Mountain Mining Corporation has entered into equipment finance facility agreements with Mapa İnşaat ve Ticaret - a related party of the company - to facilitate the purchase of heavy mining equipment totaling $6. 1m.
Palace Capital secures lease renewal on Farnborough Job Centre
Commercial property investment company Palace Capital announced on Monday that it has renewed the lease on Princeton House, on Victoria Road in Farnborough, Hampshire.
Unite calls for talks over Vauxhall job cuts
The Unite union has called on the government and Vauxhall’s parent company PSA to guarantee future investment at the car maker’s Ellesmere Port plant following the announcement over the weekend that it is making 400 people redundant due to declining sales.
ProPhotonix launches two new laser diodes
LED illumination system and laser diode module designer and manufacturer ProPhotonix announced the addition of two new infrared laser diodes to its product range on Monday.
Hutchison Chi-Med upbeat on latest Iressa trial results
Hutchison China MediTech - commonly known as Chi-Med - reported preliminary clinical activity, safety, and tolerability data of fruquintinib, an investigational selective inhibitor of vascular endothelial growth factor receptor given in combination with Iressa, on Monday.
Spending falls in pubs and restaurants as consumers stay home
Pubs, bars and restaurants last month endured their biggest sales fall in a year, with London restaurants hardest hit in an industry facing a squeezed consumer and rising costs.
Metal Tiger makes further investment in Australia's Kingsgate
AIM-listed Metal Tiger has announced a further strategic investment in Australia’s Kingsgate Consolidated Limited.
ConvaTec warns on full year and 2018 targets after supply issues
ConvaTec Group warned that revenues and profits for the full year will be lower than it had previously guided and that growth targets in 2018 may need to be adjusted.
Omega Diagnostics signs US supply agreement
AIM-listed Omega Diagnostics has signed a supply agreement with a US-based company offering laboratory testing services, specialising in gut health for improved health outcomes.
Hilton Food to expand packing capability to New Zealand
Meat packing business Hilton Food said on Monday that it will go ahead with plans to expand its packing capability to New Zealand.
Koovs announces collection for N Brown's Simply Be
AIM-listed Koovs has announced a new partnership with online retail group N Brown to add its Koovs Private Label young fashion brand to the company’s Simply Be offer.
Salt Lake Potash successfully completes unlined pond trial
Salt Lake Potash confirmed the successful completion of field trials testing an on-lake, unlined evaporation pond model on Monday, which it said would result in “significant” capital expenditure savings for the Goldfields Salt Lakes Project (GSLP).
Zenith Energy confirms another improvement to Jafarli flow rate
Azerbaijan-focussed oil and gas production company Zenith Energy announced a further update on the production from well C-21 in the Jafarli field on Monday.
Polymetal International hails record production, confirms targets
Russian miner Polymetal International continued to produce strong levels of gold in the third quarter, with production up 26% and revenues for the quarter rising 17%.