News And Announcements
BHP says it won't match Wyloo's offer for Noront
BHP said on Tuesday that it would not be increasing its offer for Canadian miner Noront Resources after it agreed to be bought by Australia’s Wyloo Metals but also gave BHP five days to match the offer.
Rio Tinto to buy Rincon lithium project in Argentina for $825m
Miner Rio Tinto has agreed to buy the Rincon lithium project in Argentina from Rincon Mining for $825m (£622. 6).
Greatland partner Newcrest launches process to acquire more of Havieron
Greatland Gold updated the market on its Havieron joint venture on Tuesday, after its partner in the venture, Newcrest Mining, had chosen to start the process on its option to acquire an additional 5% interest in the venture from Greatland at “fair market value”.
Itaconix resumes production following water damage
Polymer manufacturer Itaconix updated the market on the previously-announced temporary interruption to operations due to water damage on Tuesday.
Rambler upgrades copper resources, flags slight mining delay
Copper and gold explorer, developer and producer Rambler Metals and Mining updated the market on its mineral resources estimate and operations at the Ming Copper-Gold Mine in eastern Canada on Tuesday.
Arecor flags milestone payment from Hikma in first half of next year
Biopharmaceutical company Arecor Therapeutics updated the market on its ongoing exclusive agreement with Hikma Pharmaceuticals to co-develop a new, ready-to-use injectable medicine on Tuesday.
Open Orphan signs £5m human flu study contract
Contract research organisation Open Orphan announced on Tuesday that its subsidiary hVIVO has signed a £5m influenza human challenge study contract with an unnamed biotechnology company, developing an antiviral drug for protection against respiratory viral infections.
City watchdog urged to rule on Asian Playtech investors - report
The Australian gaming company which has struck a £2. 1bn deal to buy Playtech has reportedly called on the City's takeover watchdog to seek clarity over the intentions of a group of Asian investors who have amassed a large stake in the London-listed firm.
Empresaria sent to end year ahead of market forecasts
Specialist staffing company Empresaria updated the market on its trading for the current financial year on Tuesday, reporting a “strong performance”.
Steve Curtis to step down as Caledonia Mining CEO
Caledonia Mining announced on Tuesday that Steve Curtis had notified the board of his intention to retire from his role as chief executive officer from 30 June next year.
Oncimmune signs new commercial contracts
Oncimmune Holdings announced on Tuesday that it has signed further commercial contracts within its ‘ImmunoINSIGHTS’ pharma services business.
C4X Discovery appoints Cathy Tralau-Stewart as new science chief
Drug discovery company C4X announced the appointment of Catherine Tralau-Stewart as its new chief scientific officer on Tuesday, effective from 4 January.
Serabi Gold upbeat on latest Gabi Vein assay results
Brazil-focussed mining and development company Serabi Gold reported assay results from recent drill holes and historical holes previously unlogged on Tuesday, into the recently-identified Gabi Vein, just outside the current Sao Chico mine workings at the Palito Complex in the northern Para State.
Atalaya Mining executes deal to buy interest in RNN
Atalaya Mining announced the execution of a definitive purchase agreement with Grupo Sacyr on Tuesday, including the acquisition of a 51% interest in Rio Narcea Nickel (RNN), which owns 17 investigation permits.
UK borrowing falls in November as pandemic spending eases
UK public borrowing fell in November as spending on the pandemic eased and the furlough scheme came to an end, but was still the second-highest figure for the month since records began in 1993.
AstraZeneca neuromuscular treatment gets US priority review
AstraZeneca on Tuesday said its neuromuscular treatment had been accepted for priority review in the US.
Foxtons promotes Chris Hough to role of CFO
London estate agency Foxtons said on Tuesday that it has promoted Chris Hough to the role of chief financial officer, succeeding Richard Harris, who is leaving to become CFO of Rank Group.
GlaxoSmithKline's ViiV Healthcare receives FDA approval for Apretude
Pharmaceutical giant GlaxoSmithKline said on Tuesday that ViiV Healthcare, its majority-owned subsidiary, had received approval from the Food and Drug Administration for Apretude, a long-acting injectable pre-exposure prophylaxis option that reduces the risk of sexually acquired HIV-1.
Rank Group appoints Richard Harris as CFO
Rank Group has appointed Richard Harris as its news chief financial officer with effect from 1 May 2022.
BHP gets approval to unify corporate structure
Mining giant BHP Group on Tuesday said it had received all regulatory approvals for the unification of its corporate structure.