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Emmerson Plc (EML) Share News

IN BRIEF: Emmerson shares drop 70% as Morocco commission unfavourable

15th Oct 2024 09:02

Emmerson PLC - developing Khemisset potash mine in Morocco - Shares plunge more than 70% on Monday, after Emmerson says a government commission in Morocco has made an unfavourable recommendation on a regulatory filing for the Khemisset project. Emmerson on Monday says it "has been made aware" that Commission Regionale Unifiee de l'Investissement had made a unfavourable recommendation regarding the approval of Emmerson's updated environmental & social impact assessment for Khemisset, but it has not yet received formal notification of a decision. Emmerson says it is seeking clarification on the recommendation and a decision and is reviewing its options for appeal. Read More

EARNINGS: Kendrick Resources loss narrows; Emmerson CFO to depart

27th Sep 2024 13:56

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

IN BRIEF: Emmerson says updated assessment under review by CRUI

5th Jul 2024 11:15

Emmerson PLC - Morocco-focused resource development company - provides an update on activities from its 100% owned Khemisset Potash project in northern Morocco during the second quarter of 2024. Says updated environmental & social impact assessment is currently under review by Morocco's Unified Regional Investment Commission, known as CRUI. Chief Executive Graham Clarke says: "Following the positive news at the end of Q1 that our recourse application for the environmental approval had been upheld and would be referred back to the CRUI for reconsideration, we were delighted to update our ESIA to show the significant improvements brought about by the KMP optimisations in addition to the previous design optimisations. The overall environmental credentials of the project are now even more robust, and, together with the compelling economics of the KMP update, should mean that we can obtain the necessary approvals and move forward with the project swiftly." Read More

AIM WINNERS & LOSERS: PipeHawk falls on "severe" financial pressure

5th Jul 2024 10:00

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

UK shareholder meetings calendar - next 7 days

19th Jun 2024 12:56

Emmerson annual loss narrows slightly as eyes approval in Morocco

24th May 2024 12:30

(Alliance News) - Emmerson PLC on Friday said it is waiting approval for an impact assessment as it reported a narrowed annual loss. Read More

UPDATE: Emmerson raises GBP240,000 in oversubscribed retail offer

8th Apr 2024 18:44

(Alliance News) - Emmerson PLC late Monday said it raised GBP240,000 from a "significantly oversubscribed" retail offer. Read More

Emmerson down on discounted fundraise as resubmits Khemisset EIA

8th Apr 2024 12:46

(Alliance News) - Emmerson PLC shares sank on Monday, as the company said it would be submitting amended environmental approval applications for its Moroccan potash project and announced a discounted fundraise. Read More

Emmerson says Morocco government committee supports potash project

11th Mar 2024 10:35

(Alliance News) - Emmerson PLC on Monday said a government committee in Morocco has upheld a referral of approval for the Khemisset potash project, which is fully owned by Emmerson. Read More

EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal

1st Feb 2024 20:00

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Emmerson shares down as wait continues for environmental approval

8th Jan 2024 09:53

(Alliance News) - Emmerson PLC on Monday said it is still waiting to obtain environmental approval for its Khemisset potash project in Morocco, where "important process optimisation work" is under review. Read More

EARNINGS: tinyBuild vows need to adapt as swings to loss; Yu profit up

26th Sep 2023 14:30

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: Zambeef to rationalise in Zambia; Nucleus owns Curtis

21st Sep 2023 19:04

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Emmerson Khemisset project unaffected by Marrakesh quake

11th Sep 2023 13:58

Emmerson PLC - Morocco-focused potash development company - In response to the recent 6.8 magnitude earthquake which struck late on Friday in Marrakesh and killed more than 2,500 people, says Khemisset project and support offices are located "some distance" from earthquake zone and therefore not directly impacted. Says all employees are safe and unaffected. Adds it "expresses its deepest condolences and will support the Moroccan authorities in any way it can." Read More

AIM WINNERS & LOSERS: i(x) Net Zero surges as BP invests in WasteFuel

6th Jul 2023 10:36

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

Emmerson shares tumble as still seeks Morocco potash project approval

6th Jul 2023 10:28

(Alliance News) - Emmerson PLC on Thursday said it will continue to seek environmental approval for the Khemisset project in Morocco, after it was referred from regional level to the national Commission Ministerielle de Pilotage. Read More

UK shareholder meetings calendar - next 7 days

24th May 2023 15:46

IN BRIEF: Emmerson widens loss; Khemisset project closer to approval

13th Apr 2023 15:03

Emmerson PLC - Morocco-focused potash development company - Pretax loss widens to USD3.2 million in 2022 from USD2.8 million in 2021. Says all the company's activities during 2022 were focused on bringing the Khemisset potash project in Morocco into production as quickly as possible. Notes several hurdles, including the finalisation of basic engineering and design work, obtaining environmental approvals, the raising of finance, working with potential offtake partners, and putting together the necessary teams to execute construction. "Obtaining the environmental approval is clearly on the critical path for the company, and it would be impossible to deny that it has already taken longer than had been hoped, or expected," the company says. However, Chief Executive Graham Clarke says the project is now closer to obtaining environment approval. Read More

IN BRIEF: Emmerson shares up as puts together lending syndicate

14th Feb 2023 11:52

Emmerson PLC - developer of the Khemisset potash mine in Morocco - Appoints a syndicate of "leading international and Moroccan banks" as initial mandated lead arrangers to co-ordinate and fund dual-tranche debt financing facilities for the development of its Khemisset Potash project in Morocco. The four MLAs selected are ING Bank Group, Banque Centrale Populaire, Bank of Africa and a further unnamed "international European Bank." Read More

Emmerson shares up on memoranda of understanding with two Swiss firms

21st Nov 2022 12:15

(Alliance News) - Emmerson PLC on Monday said it signed non-binding memoranda of understanding with Keytrade AG, a fertiliser trading company, and commodities trader Hexagon Group AG. Read More

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