News And Announcements
Apple sends independent inspectors to iPhone factory in India
Apple supplier Hon Hai Precision Industry was put on notice by the consumer technology giant on Wednesday, amid growing concerns over working conditions at its plant in southern India.
Fresnillo Juanicipio mill commissioning delayed by six months
Mill commissioning at Fresnillo's Juanicipio joint venture in Mexico has been delayed by six months after the state electricity company said it could not give the go-ahead for connection to the national power grid due to the Covid-19 pandemic.
Pharos Energy upbeat as Egypt Parliament approves amendment
Oil and gas exploration and production company Pharos Energy announced on Wednesday that the Egyptian Parliament has approved the third amendment to its El Fayum Concession Agreement.
British Honey Company confirms end of List Distillery partnership
Honey and craft spirits producer British Honey Company confirmed on Wednesday that the extended collaboration agreement with Florida-based List Distillery, first announced in June last year, ended on 28 December.
Round Hill Music Fund acquires 'significant share' in Niko Moon catalogue
Round Hill Music Royalty Fund has acquired a “significant share” of the publishing rights of American country singer-songwriter Niko Moon, it announced on Wednesday.
Octopus Renewables invests £2.5m in new wind farm development firms
Octopus Renewables Infrastructure Trust has invested £2. 5m and agreed to provide up to a further £7. 5m in development funding for nine newly-formed joint venture onshore wind farm development companies, it announced on Wednesday, with specialist UK onshore wind developer Wind 2.
Lukoil agrees Meretoyakhaneftegaz joint venture with Gazprom Neft
Lukoil announced on Wednesday that it had concluded a sale and purchase agreement with Gazprom Neft for a 50% equity share of Gazprom Neft’s wholly-owned subsidiary Meretoyakhaneftegaz.
United Oil reports commercial net pay in latest Abu Sennan well
United Oil & Gas updated the market on the drilling of the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt on Wednesday.
IOG still facing technical delays in spudding first Southwark well
UK gas and infrastructure operator IOG updated the market on Southwark drilling operations on Wednesday, having expected the first Southwark development well to spud by the weekend of 19 December, following the repair of the Noble Hans Deul rig.
Sound Energy enters loan agreements to advance Tendrara
Sound Energy has entered binding conditional agreements over $18m of phase one Tendrara LNG development loan note financing, it announced on Wednesday.
James Fisher receives funds for suspended LNG project, shares surge
Marine service provider James Fisher and Sons reiterated its full-year profit guidance on Wednesday as it said it has received all outstanding funds relating to its suspended liquefied natural gas project in Mozambique.
Cadence Minerals enters binding deal to advance Amapa venture
Cadence Minerals has entered into a binding settlement agreement with the secured bank creditors of DEV Mineração, the owner of the Amapa iron ore project in Brazil, it announced on Wednesday.
Iofina enjoying strong iodine market, flags IO9 delay
Iodine and specialty chemicals manufacturer Iofina updated the market on its trading on Wednesday, reporting that it was set to meet its second half crystalline iodine production target of 260 to 275 metric tonnes, although it did flag a Covid-related delay to the IO9 project.
RWS finance chief Des Glass hands in notice
Language, content and intellectual property technology and services company RWS Holdings announced on Wednesday that its current chief financial officer Des Glass has resigned, to take up a position as CFO of a privately-held business in a different industry.
MySale chief financial and operating officer resigns
AIM-listed online retailer MySale said on Wednesday that chief financial and operating officer Mats Weiss has resigned with immediate effect for personal reasons.
AstraZeneca, Ionis close eplontersen deal
AstraZeneca said on Wednesday that it has closed a global development and commercialisation agreement with California-based Ionis Pharmaceutical for eplontersen, a medicine used in the treatment of transthyretin amyloidosis.
Anglo American, Vale confirm talks on Serpentina partnership
Anglo American and Brazil’s Vale have started preliminary talks on the potential to jointly develop Vale's Serpentina iron ore resource, the two companies confirmed.