Company news

Pinewood Studios development approved

South Bucks District Council’s planning committee has approved the detailed design of the first phase of the Pinewood Studios development framework. Construction work on the first phase (five stages, ten workshops, production offices and associated infrastructure and landscaping) will commence next month, with occupation in Q1 2016. At 4:29pm: (LON:PWS) Pinewood Shepperton PLC share price […]

Fortune Oil agrees offer from Fortune Dynasty

Fortune Oil has agreed an offer from Fortune Dynasty Holdings which already owns nearly 57% of the issued ordinary share capital. Fortune Dynasty is a limited liability company incorporated in the British Virgin Islands that is owned 55% by First Level (a company owned by Daniel Chiu and Dennis Chiu, each being a Fortune Oil […]

Mining Sector: Herencia up after extraordinary results at Picachos

Herencia Resources’ (LON:HER) shares were up in late trading after it revealed further excellent assay results from its Picachos copper project in Chile including an exceptional intersection of 117m of plus 1.1% copper. The company said that assay results from stage II drilling continue to provide impressive results with diamond hole DD14003 encountering 117m at […]

Northcote notes MX Oil update on Mexico JV

Northcote has noted that MX Oil has significantly strengthened its relationship with its partner Geo Estratos. Northcote has previously announced that it has entered into an agreement giving it the right to participate, at a level of up to 20%, in potential business activities, alongside MX Oil, in the upstream oil and gas sector in […]

Arbuthnot Latham acquires mortgage portfolio

Arbuthnot Banking Group subsidiary Arbuthnot Latham has completed the purchase of a residential mortgage portfolio. The mortgages are being acquired from the administrators of the Dunfermline Building Society. The portfolio has been in run off since 2009 and was previously acquired by DBS from other originators principally GMAC with the balances being geographically distributed around […]

LSE sees good progress

London Stock Exchange Group reports good progress this year with strong performances across all its main business areas. Group chief executive Xavier Rolet said: “We are also pleased to have recently completed the acquisition of Frank Russell Company and work is already well under way to integrate the Russell and FTSE indices operations to deliver […]

MirLand warning over plunging rouble

MirLand Development Corporation has warned that its results and liquidity could be affected by the recent fall in the value of the rouble against the US dollar. The company says most of the income from its subsidiaries comes from leasing in commercial centres and office complex which are in the rouble and linked to the […]

White Mountain potential confirmed, says Wishbone Gold

Wishbone Gold says activities within and around its White Mountain property in north-east Queensland, Australia, confirm potential. It says: “Activities continue in the White Mountain area with additional geological mapping and geochemical and ground magnetic surveys, in addition to evaluating new ground radar technologies in geophysics for the purpose of identifying geological anomalies as sites […]

ECR secures conditional right to acquire option over project

ECR Minerals has secured the conditional right to acquire an option over 98% ownership of Mae Fah Mining Co, a company incorporated in Thailand which has been granted two special prospecting licences relating to contiguous areas in Phang Nga Province, southern Thailand. Historical exploration data indicates that the SPLs encompass a number of pegmatite deposits […]

BCRE bonds on credit review due to Russia crisis

Moody’s Investors Service subsidiary Midroog has placed Brack Capital Real Estate Investments’ bonds on credit review with negative implications. The company said that Midroog, a credit rating agency accredited by Israel, has placed the company’s bonds A, B and C rated A2 on a local Israeli scale on credit review with negative implications due to […]

AFI Development restores Botanic Garden project

AFI Development has restored the Botanic Garden project on its financial statements, following liquidation of former primary investor, Novoe Koltso Moskvy OJSC. As previously announced on 16 October, a Moscow court had decided to liquidate NKM, resuming its bankruptcy proceedings. A liquidation record has now been entered into the State Registry of Legal Entities. As […]

Serabi Gold corporate update video

Serabi Gold’s latest corporate update video from its Palito gold mine has been issued today and is available for viewing on its website at www.serabigold.com or at: http://www.brrmedia.co.uk/event/133285?popup=true At 1:05pm: (LON:SRB) Serabi Mining PLC share price was +0.01p at 3.63p Story provided by StockMarketWire.com

GCP investment totalling £19m

GCP Infrastructure Investments has announced the completion of a transaction subscribing for a loan note with a term of c.19 years and a value of up to £45 million. The Company will advance c. £19 million at completion and the remainder is expected to be drawn down over the next few months subject to various […]

Heathrow completes sale of 3 airports

Heathrow Airport Holdings Limited has completed the sale of Aberdeen, Glasgow and Southampton airports to a consortium formed by Macquarie and Ferrovial. Chief executive John Holland-Kaye said: “Aberdeen, Glasgow and Southampton airports and their people have been part of our company for a long time. They are great airports and we are proud of their […]

Gemalto a leader in Gartner's 'Magic Quadrant'

Digital security specialist Gemalto has again been positioned as a leader in Gartner’s latest Magic Quadrant for User Authentication, out of the 18 vendors assessed by Gartner. The vendors surveyed in the Magic Quadrant are evaluated based on two main criteria: completeness of vision and ability to execute. Gartner predicts that, by year-end 2017, about […]

Akers Biosciences in distribution agreements

Akers Biosciences has entered into its first European distribution agreements since the instalment of its international vice-president in August. The company has entered into multi-year distribution agreements for PIFA Heparin/PF4 Rapid Assay products with Cryopep SARL, covering France, Belgium, the Netherlands and Luxembourg; and DiaLine AG, covering Switzerland and Lichtenstein. The company says its PIFA […]

Caza reveals strong results from Bone Spring

Caza Oil & Gas has announced two more strong results for the company’s Bone Spring programme with the first development well on the non-operated Marathon Road Property and the initial test well on the recently acquired and operated East Marathon Road Property. Marathon Road Property, Lea County, New Mexico: The Marathon Road 15 OB Fed […]

Bahamas Petroleum welcomes move on new regulations

Bahamas Petroleum Co is pleased that a new Petroleum Act and a suite of associated regulations to guide and govern oil exploration have been placed before The Bahamas parliament. In addition, as indicated by the Minister of Environment and Housing, a Sovereign Wealth Act has been proposed to provide the legislative framework to ensure that […]

Energy Technique in franchise agreement

Energy Technique has reached non-binding heads of terms with Unico Inc to become its first franchisee of Diffusion’s fan coils for the North American, Caribbean basin, Bermuda and Canadian markets, on an exclusive basis. Under the arrangements contemplated, Unico will manufacture Diffusion’s fan coils under licence from its facility in St Louis, Missouri, and it […]

Lansen and Haotian renew supply agreement

Cathay International Holdings has announced that Liwah Zhiti and Yangling Haotian and Xian Haotian renewed the plant extract supply agreement for a further three years from 1 January 2015 to 31 December 2017. This announcement follows one made by the company on 3 September 2013 in relation to the existing entrusted manufacturing framework for the […]

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