Economic and Market News for 14 May 2019
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14 May
14:45Cadence Minerals welcomes sale by Macarthur of gold prospect stakesCadence 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...
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14 May
14:34Petra Diamonds sells giant gem for almost $15mPetra 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...
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14 May
14:26Edenville Energy recommences activities at Rukwa coal mine in TanzaniaEdenville 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...
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14 May
13:58Amerisur Resources enjoys production boost in ColombiaColombia-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...
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14 May
13:22Mercia Technologies welcomes reports of first pregnancies by ConceptaMercia 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...
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14 May
13:12Bidstack appoints Lewis Sherlock as new sales headIn-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...
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14 May
10:02Eagle Eye teams up with News America Marketing to deliver retailer, brand marketing solutionsMarketing 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...
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14 May
10:01Tricorn expands US capabilities with equipment purchaseTube 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...
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14 May
09:38Mosman Oil and Gas raises capital to fund two new Texas wellsMosman 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...
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14 May
09:34UK unemployment rate falls to 3.8%; wages rise 3.2%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...
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14 May
09:23Savannah Resources welcomes establishment of France, Germany battery initiativeSavannah 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...
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14 May
09:04Iofina to raise funds through placing shares at discount amid share price riseIodine 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...
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14 May
08:38VR Education signs three-year commercial pact with South Korea's D'CarrickVR 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...
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14 May
08:35Westmount Energy invests in Canada's Cateleya Energy CorporationWestmount 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...
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14 May
08:23Simec Atlantis Energy forms tidal power pact with GESimec 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...
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14 May
07:45OptiBiotix Health inks Thailand distribution pact with Primo TradingOptiBiotix 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...
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14 May
07:26Saga commences sea trials of its first cruise shipServices company for seniors Saga said it had commenced sea trials of its first purpose-built cruise ship. The Spirit of Discovery floated out from the Building Hall at Meyer Werft Shipyard in...