News And Announcements
Two rigs arrive for drilling at Caracal Gold's Kilimapesa project
East Africa-focussed Caracal Gold announced the arrival of its two drill rigs on-site ahead of its diamond and reverse circulation drilling programmes on Friday.
Vijay Thakrar to replace McCall as Alumasc chair
Sustainable building product company Alumasc announced on Friday that Vijay Thakrar would take up the role of non-executive chairman from 1 January, following the retirement of John McCall as chairman and non-executive director on 31 December.
Merck&Co. says oral Covid-19 treatment cuts risk of hospitalisation or death by 30%
Merck&Co. and development partner Ridgeback Biotherapeutics announced that their experimental oral treatment against Covid-19 reduced the risk of hospitalisation or death by nearly one third.
CMA secures 'improved' pledge from Google on ad competition concerns
The Competition and Markets Authority announced on Friday that it had secured “improved commitments” from Alphabet subsidiary Google on its proposals to remove third-party cookies and other functions from its Chrome browser software.
Lidl UK boss heading to Germany
Supermarket chain Lidl announced on Friday that Christian Härtnagel will step down as chief executive of the company’s UK operations to take up the same role in Germany.
Eqtec inks gasification collaboration deal with Wood
Waste-to-energy gasification technology company Eqtec has signed a collaboration deal with energy consulting and engineering company Wood, it announced on Friday.
Northern Bear reports robust first half amid industry disruptions
Building services provider Northern Bear reported first-half revenue of £30m in its interim results on Friday, up from £20. 1m year-on-year, as its adjusted operating profit improved to £1. 5m from £0. 5m.
Diageo launches latest tranche of share buyback
Drinks giant Diageo said it had begun the latest tranche of its £4. 5bn share buyback programme.
KEFI optimistic despite escalating tensions in Ethiopia
Gold exploration and development company KEFI updated the market on its operations on Friday, reporting that at its Ethiopia subsidiary Tulu Kapi Gold Mines (TKGM), it has completed its recent incident management and investigations and was now preparing for the launch of the Tulu Kapi Gold Project.
AfriTin Mining executes, draws down Standard Bank lending facility
AfriTin Mining announced on Friday that its lending facility with Standard Bank Namibia to fund the expansion of the Uis phase one processing plant, had now been executed.
Checkit raising £21m to accelerate strategy, strengthen offering
Software company Checkit announced on Friday that it was raising £21m through a placing, to accelerate its strategy and strengthen its product offering.
Power Metal signs three-month option deal with Kavango
Power Metal Resources announced on Friday that a three-month option has been signed with Kavango Resources, under which Kavango could acquire up to 51. 15% of Kalahari Key Mineral Exploration.
Parkmead revenue falls despite 'strong momentum' towards year-end
UK and Netherlands-focussed energy company Parkmead reported strong momentum from increased gas prices in its preliminary results on Friday, with revenue for the year totalling £3. 6m, down from £4. 1m year-on-year.
Novacyt gets UK approval for 'genesig' Covid-19 test
Clinical diagnostics specialist Novacyt announced on Friday thatots ‘genesig’ Covid-19 real-time PCR test has been approved in the UK.
Silence Therapeutics to proceed with AIM delisting next week
Silence Therapeutics updated the market on the planned cancellation of its shares on AIM on Friday, which it originally announced on 15 October.
ScS reports slowdown, shares tank
ScS shares tanked on Friday after the furniture and floor coverings retailer reported a slowdown in trading.
Essentra starts review of packaging unit; CFO to join Synthomer
Essentra said it had decided to start a strategic review of its packaging division as it continued to move towards becoming a pure play components business.