Company News
Vast Resources swings to a loss in first half as CEO steps down
Mining production company Vast Resources saw revenue from its two operational mines grow 5% over the six months leading to 30 September but a number of factors, including the increased cost of sales, swung the group to a loss.
KSK Power urges need to 'reconsider business approach'
KSK Power Ventures said it was urgently reconsidering its business approach and needed to "explore alternative solutions" at each of its assets to preserve long term value.
Mayan Energy acquires three more Texas wells
Oil and gas exploration and production company Mayan Energy announced on Friday that had it acquired an additional three wells adjacent to its Forest Hill Lease in Wood County Texas.
SDX Energy begins drilling at Moroccan asset
Gas exploration, production and development outfit SDX Energy has begun operations at its ELQ-1 well on the Gharb Centre permit in Morocco.
YOLO Leisure reveals growth in income and net assets
Full year results from YOLO Leisure & Technology showed positive investment income as the company plans to raise further funds in the new year.
Westminster Group soars as Middle Eastern contract nears
Westminster Group saw its share price soar on Friday after the security company reported that it had reached an agreement with an unnamed Middle Eastern client for a major long-term project.
MedicX acquires Irish health centre
Healthcare-focused property investor MedicX completed its fifth Irish acquisition on Friday for €7. 8m.
Contango shares suspended as Zimbabwe reverse takeover talks advance
Contango Holdings has signed a memorandum of understanding as it entered exclusive talks with regards to its potential acquisition of Zimbabwean mining assets.
Aviation leases former Air Berlin aircraft to EasyJet
Aircraft leasing business Aviation completed delivery of an Airbus A320-200 to EasyJet on Friday after the airline received permission from the European Commission to acquire part of Air Berlin's operations.
BHP Billiton to pay $181m for Brazil dam disaster
BHP Billiton has agreed to provide $181m in financial support to the Renova Foundation and Samarco until the end of June next year, following the dam failure in 2015.
Mondi to buy Finnish pulp and paper mill operator Powerflute
Paper and packaging group Mondi has agreed to buy Finnish pulp and paper mill operator Powerflute, a division of Nordic Packaging and Container Holdings, for €365m on an enterprise value basis.
Ladbrokes Coral approves takeover by GVC Holdings of up to £4bn
Britain's largest bookmaker Ladbrokes Coral has agreed to be taken over by smaller online-focused rival GVC Holdings for a sum of £3. 2bn that could rise up to £4bn, creating one of the world's largest listed betting companies.