(Alliance News) - London's FTSE 100 opened higher on Friday, with NatWest leading the charge, though gains were largely broad-based ahead of a US inflation reading to come. Read More
Gemfields Group Ltd - London-headquartered gemstones miner and marketer - Reports a 17% decline in auction revenue to USD121 million for the first six months of 2024 from USD145 million a year earlier. These unaudited figures have been produced on a monthly basis for Gemfields' 75%-owned Kagem emerald mine in Zambia, 75%-held Montepuez Ruby Mining Ltda in Mozambique and luxury brand Faberge. At June 30, the group's cash and cash equivalents were USD22.3 million, with USD66.7 million of outstanding debt, resulting in a net debt position of USD44.4 million. Read More
(Alliance News) - London's FTSE 100 is to follow its late rise into the green on Thursday with another advance at the opening bell on Friday. Read More
(Alliance News) - London's FTSE 100 is set to build on Thursday's late march into the green, with equity markets largely calm ahead of a key US inflation reading later. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - UK Chancellor Rachel Reeves is expected to unveil a black hole in the public finances of around GBP20 billion, signalling that tax rises could be on the way. Read More
Metals One PLC - mining company focused on developing strategic metals projects in Finland and Norway - Says that Kingsrose Mining Ltd, its partner and operator on the Rana Project in Norway, has entered a service agreement with Arctic Drilling AS to start helicopter supported core drilling at the Ranbogen prospect. Drilling is anticipated to complete in early September 2024, with assay results expected in October to November. Read More
VH Global Sustainable Energy Opportunities PLC - London-based investor in energy infrastructure - Buys a portfolio of seven solar and two wind assets across Europe, in a transaction to be completed in two phases. Says that once fully operational, the portfolio will have a total installed capacity of 248.4 megawatts, and will be expected to generate 489,900 megawatt-hours per year. Read More
Afentra PLC - upstream operator in Africa with carried interest in Odewayne block onshore in southwestern Somaliland - Confirms that the formal award for KON 19, its onshore licence, was signed yesterday with the Agencia Nacional de Petroleo in Angola. Afentra has been assigned a 45% non-operated interest in KON 19 alongside two local Angolan companies, ACREP and Enagol. Read More
(Alliance News) - Hercules Site Services PLC on Thursday announced its Civil Projects division has been awarded contracts totalling GBP7.9 million in the first half of the year. Read More
i-nexus Global PLC - Coventry, England-based software company - Signs a three-year contract with an unnamed "North American engineered materials business". Says contract is for an initial monthly recurring revenue of GBP13,600 rising to GBP16,500 in years two and three, alongside additional deployment services. i-nexus' strategy execution software will be used to deploy and cascade the strategy through Hoshin policy deployment and Enterprise Project Management Office governance, it adds. Read More
(Alliance News) - Stock prices in London closed mixed on Thursday, ahead of a key US inflation data reading. Read More
(Alliance News) - Prospex Energy PLC on Thursday announced it has been granted a ten-year licence extension for natural gas concessions at the El Romeral power plant. Read More
(Alliance News) - Novacyt SA on Thursday announced it expects revenue to more than triple following a strong first half. Read More
(Alliance News) - Shares in De La Rue PLC fell sharply on Thursday, as the banknote printer's reference to a "material uncertainty" overshadowed its annual results. Read More