Economic and Market News for 14 May 2019

Cadence Minerals welcomed news that Macarthur Minerals had agreed to sell an interest of up to 75% in 19 tenements prospective for gold, copper and lithium in Western Australia state to FE. A...

Petra Diamonds said it had sold a large diamond to Stargems Group from its Cullinan mine in South Africa for just under $15m. The 424.89 carat gem had an exceptional'D colour type', which is...

Edenville Energy said it recommenced activities at its Rukwa coal project in southwest Tanzania after successfully raising capital last month. The company said it had utilised a period of limited...

Colombia-focused Amerisur Resources stuck to its annual production guidance after it recorded a recent output boost. The company's working-interest production was now at around 6,500 barrels of...

Mercia Technologies noted portfolio company Concepta had announced the first pregnancies from early adopters of its home fertility testing and pregnancy tracking device. Mercia he;d a 22.4% direct...

In-game advertising company Bidstack Group said it had appointed Lewis Sherlock as its new vice president, sales. Sherlock was most recently head of demand platforms for Europe, the Middle East...

Marketing technology Eagle Eye said it was partnering with News America Marketing to deliver brand messages and incentives to US, Canadian shoppers. Under the agreement, both parties would...

Tube manipulation specialist Tricorn Group said that it had extended its capabilities and facilities in the US. The company said it had bought a powder coat and wet spray painting line for $50k...

Mosman Oil and Gas said it had agreed with partners to drill to wells at the Champion project in Texas and had raised £750k to fund the campaign. News shares in the company were issued at 0.3p...

The UK unemployment rate fell to 3.8% in the three months through March, according to the Office for National Statistics. The market had been expecting the rate to stay steady at 3.9%. Average...

Savannah Resources said it had welcomed news that France and Germany had established a European cross-border battery cell consortium. The group had an objective of developing next-generation...

Iodine producer Iofina confirmed that it was raising funds to pay down debt and support the construction of a new plant, but the company conceded that the equity placing would be offered at a...

VR Education said it had signed a three-year commercial agreement with South Korean digital content company D'Carrick. The agreement provided VR Education with an entry point into the South Korean...

Westmount Energy said it had participated in a non-brokered private placement by Canada's Cateleya Energy Corporation. Westmount Energy said it had purchasd of 253,685 common shares at $10 each...

Simec Atlantis Energy said it would enter into a technology partnership and preferred supplier agreement with GE's power conversion business. The two companies would work together and share...

OptiBiotix Health said it had entered into a three-year distribution agreement with Primo Trading for its weight management products in Thailand. The agreement granted Primo exclusive distribution...