Economic and Market News for 14 January 2020
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14 Jan
14:17Hummingbird Resources boosts gold production in line with guidanceHummingbird Resources said its boosted annual gold production from its Yanfolila mine in Mali in line with its guidance. Gold output for the year through December rose to 115,649, up from 91,620...
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14 Jan
14:09Live Company inks deal with Hasbro to build Peppa Pig attractionsAttractions group Live Company said it had signed a multi-year license agreement with production group Entertainment One, a unit of Hasbro. The agreement would see Live Company subsidiary...
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14 Jan
14:04Chesterfield Resources commences drilling campaign at Cyprus prospectChesterfield Resources said it had commenced a drilling programme at the Troodos West copper and gold exploration region in Cyprus. The company said it would drill a number of targets seeking...
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14 Jan
14:00Helical lets final floor of London development to InfosysLondon property developer Helical said it had let the final floor of a development on Old Street to Brilliant Basics, an Infosys company and existing occupier. The contract had taken the so-called...
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14 Jan
13:52Abcam appoints Michael Baldock as CFOLife science research tool supplier Abcam said it had appointed Michael Baldock as its new chief financial officer. Baldock was the founding partner of Ondra Partners, a financial advisory firm...
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14 Jan
13:49D4t4 Solutions wins four contracts in US, EuropeData company D4t4 Solutions said it had won four contracts with financial services customers in the US, UK and Europe. The comprised a multi-year contract with a UK bank, contract extension with a...
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14 Jan
13:45Audioboom extends sales contract for popular podcastPodcast company Audioboom said it had renewed for 24 months an exclusive sales and distribution contract with one of its 'most popular entertainment podcasts'. The renewal included the opportunity...
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14 Jan
13:31US consumer price index rises 0.2% as expectedThe US consumer price index rose 0.2% in December, according to the Bureau of Labor Statistics. The rise was in line with market expectations for a 0.2% increase. Core CPI, which strips outs food...
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14 Jan
13:26Frontier IP portfolio company Fieldwork Robotics raises capitalFrontier IP, a specialist in commercialising university intellectual property, said portfolio company Fieldwork Robotics had raised £298k through an initial equity funding round. The proceeds...
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14 Jan
13:13Mineral & Financial hail positive economic assessment of Portugal developmentMineral & Financial Investments welcomed 'exceptional results' from a preliminary economic assessment at the Lagoa Salgada volcanogenic massive sulphide project in Portugal. The assessment was...
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14 Jan
12:58Mereo BioPharma says additional data supports new bone disorder treatment trialMereo BioPharma said additional study data supported its plans to trial a treatment in children suffering from the bone disorder osteogenesis imperfecta. The company in November had reported...
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14 Jan
12:46Landore Resources raises equity to provide working capitalMineral explorer Landore Resources said it had raised £0.23m via share issue to fund working capital. New shares in the company were offered at 0.7p each. At 12:46pm: (LON:LND) Landore Resources...
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14 Jan
12:42Endeavour Mining ends takeover pursuit of CentaminGold miner Centamin confirmed that Toronto-listed Endeavour Mining had withdrawn its takeover interest in the company. Centamin said both parties had 'completed a thorough and extensive...
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14 Jan
09:28Blue Star Capital investee company The Drops in sale talks with FibresourcesEsports company Blue Star Capital said its investee company The Drops entered into talks with Fibresources concerning a possible sale on a shares-only basis. Under the proposed transaction,...
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14 Jan
09:26United Oil & Gas welcomes extension to Jamaica exploration periodUnited Oil & Gas said an exploration period for an asset in Jamaica had been extended for a further six months. The company has a 20% stake in a production sharing agreement on the Walton...
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14 Jan
09:14H&T appoints Richard Withers as CFOPawnbroker H&T said it had appointed Richard Withers as chief financial officer. Withers joined the group in 2018 and had fulfilled the role of interim finance director with 'great ability,...
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14 Jan
09:08ValiRx venture sources funding for cancer therapy developmentBiotechnology company ValiRx said its subsidiary joint venture ValiSeek had sourced funding to advance a cancer therapy. ValiSeek and partner Tangent Reprofiling had entered into a letter of...
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14 Jan
08:38Clinigen agrees to supply cancer drug to Iovance BiotherapeuticsPharmaceutical and services company Clinigen said it had signed a supply agreement with Iovance Biotherapeutics, a late-stage biotechnology company developing drugs to treat cancer. Under the...
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14 Jan
08:28Savannah Resources mineral sands JV in Mozambique gets third licenceSavannah Resources said its mineral sands venture with Rio Tinto in Mozambique had been awarded the final of three mining licences. Mining licence 9228C was issued by the African nation's minister...
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14 Jan
08:25Horizon Discovery exercises option to license gene-editing technology from RutgersHorizon Discovery said it had exercised its option to exclusively license gene-editing technology from Rutgers, The State University of New Jersey in the US to use in therapeutic, diagnostic and...
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14 Jan
08:06Games Workshop profit jumps as trade division boosts sales to recordBoard game retailer Games Workshop reported a jump in first-half profit as sales rose by nearly a fifth, underpinned by growth at its trade division. For the six months to 1 December 2019,...
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14 Jan
07:54Oxford Metrics wins contract from South Gloucestershire CouncilSoftware company Oxford Metrics said its Yotta unit had won a 'signficant' multi-year contract with South Gloucestershire Council for its connected asset management solution. The council was...
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14 Jan
07:39Property Franchise launches financial services divisionProperty franchise company The Property Franchise Group (TPFG) said it had launched a new financial services division. Mark Graves had been appointed to the new role of financial services...
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14 Jan
07:34Personal says trading in line amid 'strong' insurance profitsEmployee services company Personal said overall trading in 2019 was in line with its expectations amid 'strong' profitability at its insurance division. The insurance segment was profitable...
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14 Jan
07:16888's Aviad Kobrine to step down as CFOOnline gambling company 888 said Aviad Kobrine would step down as chief financial officer during 2020. Aviad would remain in the position until a successor was in place in order to enable a...
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14 Jan
07:14BHP director Lindsay Maxsted to stand downMining titan BHP said director Lindsay Maxsted would not stand for re-election at its annual meetings this year. The company also announced that director Terry Bowen had been appointed to the...
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14 Jan
07:09Primary Health Properties shrinks size of board to six directorsHealthcare property investor Primary Health Properties said it had decided to shrink the size of its board to six directors, down from the current eight. The company said its board would now...
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14 Jan
07:05TP wins order for oxygen-generating devicesDefence contractor TP said it had secured an order worth around £1m to supply the UK Ministry of Defence with submarine oxygen-generating devices. The 750 multi-purpose oxygen generators would be...