LONDON, UK: Frasers Group is now in discussions with regards to transitioning the CEO role from Mike Ashley to Michael Murray over the course of FY22. It is currently proposed that Michael Murray will assume the role of CEO on 1 May 2022. A reward and remuneration package is now under consideration on the assumption…
Chaarat Gold Holdings notifies CEO transition
LONDON, UK: Chaarat Gold Holdings announced that Artem Volynets will step down by mutual agreement from his role as Chief Executive Officer (CEO) and Executive Director with immediate effect and will move into a senior adviser role. The Company’s Executive Chairman, Martin Andersson, will serve as interim CEO until the formal appointment of a successor…
Resolute Mining sells Bibiani Gold Mine for $90 million
LONDON, UK: Resolute Mining Limited has agreed to sell its interest in the Bibiani Gold Mine to Asante Gold Corporation for total cash consideration of US$90 million. Resolute and Asante are committed to ensuring an orderly transition of ownership at Bibiani. Asante is dedicated to injecting the necessary capital to achieve the rapid restart of…
Camellia Plc announces sale of Abbey Metal Finishing
LONDON, UK: In line with Camellia’s previously stated strategy involving a review of its non-core investments, Camellia announces the sale of its interests in Abbey Metal Finishing Company Limited and its subsidiary Atfin GmbH in Germany to a newly incorporated company set up by GIL Investments for the purpose of the acquisition and Aerotech GmbH…
Mitie acquires DAEL Ventures UK for £15 million
LONDON, UK: Mitie Group plc has acquired DAEL Ventures Limited, a leading provider of acquisition, design and construction (ADC) services in the UK for mobile telecoms infrastructure, for £15 million. This acquisition will broaden Mitie’s expertise in the fast-growing telecoms sector, delivering end-to-end service for customers and giving Mitie market-leading capabilities. The acquisition will be…
Mkango to acquire stake in Lancaster and Maginito
LONDON, UK: Mkango Resources Ltd. and Talaxis Limited have entered into an agreement whereby Mkango will acquire Talaxis’ 49% interest in Lancaster Exploration Limited, which owns the Songwe Hill Rare Earths Project in Malawi, and Talaxis’ 24.5% interest in Maginito Limited, which holds a 25% interest in rare earths magnet recycler HyProMag Limited, for 54.166…
CMA accuses Pfizer and Flynn of illegal pricing
LONDON, UK: The Competition and Markets Authority (CMA) has provisionally found that Pfizer and Flynn abused their dominant positions to overcharge the NHS for vital anti-epilepsy drugs, after reassessing the case. Having gathered further evidence and after carefully assessing the facts, the Competition and Markets Authority (CMA) has reached a provisional view – known as…
HPP appoints Dennis Lin as Executive Chair
SYDNEY, AUSTRALIA: Health and Plant Protein Group Limited (HPP) has appointed Dennis Lin as Executive Chair. Since joining the Board in 2017, Mr Lin has been instrumental in contributing to the Company’s strategy as well as being involved in all key transactions, and is well known to stakeholders and employees. Over the past 5 years,…
Amy Kean joins the board of MPower Group
SYDNEY, AUSTRALIA: MPower Group announced the appointment of Amy Kean as a non-executive director, with effect from 1 September 2021. Amy Kean has over 20 years’ experience in the renewable energy sector. She currently co-owns and operates renewable energy advisory firm Stride Renewables which assists clients in navigating the regulatory, commercial and technical challenges to…
Castillo Copper plans $7.0mn IPO of BHA Project
SYDNEY, AUSTRALIA: Castillo Copper Limited (CCZ) Board has appointed CPS Capital Group, to restructure and then list via an IPO on the ASX, its wholly-owned Broken Hill Alliance (BHA) Project, which comprises a large footprint proximal to Broken Hill’s world-class zinc-lead-silver deposit, a news release said. A new entity, Newco, will be formed to house…
CoreLogic and QOMPLX to expand insurance data and model offering
TYSONS, Va.: QOMPLX announced a new relationship with CoreLogic, an industry-leading provider of property intelligence and data analytics, to expand insurance data and model offering. providing industry access to CoreLogic’s Oasis LMF- enabled models via the QOMPLX:OS marketplace, a news release said. Q:HELM will include access to CoreLogic’s next level contiguous US Earthquake Model and…
Stephen Irish joins as managing partner and head of Boyden Japan
TOKYO, JAPAN: Boyden, a premier leadership and talent advisory firm with more than 75 offices in over 45 countries, welcomed Stephen Irish as Managing Partner and head of Boyden Japan. Based in Tokyo, Irish joins Boyden’s global healthcare & life sciences practice, leading senior level searches for clients in Japan and Asia/Pacific, as well as…