Economic and Market News for 14 January 2020

Hummingbird 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...

Attractions 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...

Chesterfield 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...

London 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...

Life 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...

Data 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...

Podcast 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...

The 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...

Frontier IP, a specialist in commercialising university intellectual property, said portfolio company Fieldwork Robotics had raised £298k through an initial equity funding round. The proceeds...

Mineral & Financial Investments welcomed 'exceptional results' from a preliminary economic assessment at the Lagoa Salgada volcanogenic massive sulphide project in Portugal. The assessment was...

Mereo 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...

Mineral 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...

Gold miner Centamin confirmed that Toronto-listed Endeavour Mining had withdrawn its takeover interest in the company.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...

Esports 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,...

United 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...

Pawnbroker 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,...

Biotechnology 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...

Pharmaceutical 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...

Savannah 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...

Horizon 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...

Board 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,...

Software 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...

Property 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...

Employee 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...

Online 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...

Mining 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...

Healthcare 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...