News And Announcements
Galileo enters JV option deal with Garbo Resource Solutions
Galileo Resources released details over an option and joint venture agreement it had entered into with Garbo Resource Solutions on Tuesday, covering the Shinganda copper-gold project in Zambia.
Bluejay Mining sends final samples from Dundas for evaluation
Greenland and Finland-focussed Bluejay Mining updated the market on the Dundas ilmenite project on Tuesday, reporting that further and final samples were being sent for incremental customer evaluation.
Pebble Group set to end year at least in line with expectations
Promotional products, services and technology company Pebble Group said on Tuesday that its results for the calendar year were expected to be at least in line with market expectations, and both of its businesses, Facilisgroup and Brand Addition, were trading well in the second half.
Tertiary reports more high silver and gold grades from Pyramid
Tertiary Minerals updated the market on its Pyramid silver-gold project in Nevada on Tuesday, where analytical results from a recently-completed surface sampling and mapping programme returned more high silver and gold grades.
Informa rallies on plan for division sale, special dividend
Informa surged on Tuesday as investors welcomed a plan to sell its data and research business, Informa Intelligence.
Medicago and GSK's Covid-19 vaccine shows 75.3% efficacy against Delta strain
Medicago and GSK's Covid-19 vaccine showed a high degree of efficacy in blocking symptomatic disease in those infected with the Delta strain of SARS-CoV-2.
Anexo forms legal team to tackle rented housing disrepair
Credit hire and legal services company Anexo announced the formation of a new team within its legal services division Bond Turner on Tuesday, to deal with claims arising from housing disrepair.
Atlantic Lithium upbeat on latest scoping study at Ewoyaa
Africa-focussed Atlantic Lithium announced an updated scoping study on the Ewoyaa Lithium Project in Ghana on Tuesday, which it said reaffirmed it as an “industry-leading” asset.
Vast Resources appoints Andrew Hall to board as commercial director
Vast Resources announced the formal appointment of Andrew Hall to the board as commercial director on Tuesday, with immediate effect.
Elliott ramps up pressure on SSE, says current plans 'lack ambition'
Activist investor Elliott Advisors has ramped up pressure on SSE to spin out its renewable energy business, claiming that the company is undervalued by £5bn.
CMA gives Veolia and Suez five days to address competition concerns
The Competition and Markets Authority has given French waste management companies Veolia and Suez five days to address competition concerns about their £11m merger or it will be subject to a phase two investigation.
CareTech ends year 'slightly ahead' of market expectations
Social care and education services provider CareTech described a “robust” financial performance slightly ahead of market expectations on Tuesday, with full-year revenue increasing 13. 8% to £489. 1m.
Babcock H1 profits up but warns on Omicron, inflation, supply chain pressure
UK defence engineering firm Babcock reported a rise in underlying interim profit, but expressed caution over the Omicron coronavirus variant and ongoing inflation and supply chain constraints.
Losses widen as Renalytix achieves revenue in first quarter
Artificial intelligence (AI) diagnostics company Renalytix reported first quarter revenue of $0. 5m on Tuesday, up from nil at the same time last year.
Urban Logistics admitted to Main Market, delisted from AIM
Specialist logistics property investor Urban Logistics confirmed on Tuesday that its entire issued share capital was being admitted to listing on the premium segment of the Official List, and to trading on the premium segment of London’s Main Market.
Cost of Christmas dinner jumps as food prices rise
Food inflation pushed higher last month, industry data showed on Tuesday, with Christmas staples already costing more.
Inchcape buys Barbados-based ITC and Simpson Motors
FTSE 250 car dealership Inchcape has agreed to buy Interamericana Trading Corporation (ITC) and Simpson Motors from the Simpson Group for an undisclosed sum, expanding its footprint with entry into the Caribbean.
Ashtead lifts FY expectations after record first half
Equipment rental firm Ashtead lifted its expectations for the full year as it reported a record first-half performance on Tuesday, hailing momentum across the business.
Shaftesbury signs 60 new brands as weekend footfall tops pre-Covid levels
Shaftesbury has signed more than 60 new retail, hospitality and leisure brands in its Carnaby, Seven Dials, Chinatown, Soho and Fitzrovia assets since 1 October, it announced on Tuesday.
PageGroup FY operating profits seen higher following 'positive' Q4
Recruitment firm PageGroup said on Tuesday that positive momentum seen during 2021 had continued at both a regional and global level the two months ended 30 November, leading the group to modestly hike full-year operating profit guidance.