DUBAI: Saudi Arabian Oil Co (Saudi Aramco) has purchased 70 percent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF) for SAR 259.125 billion (US$ 69.1 billion), equating to SAR 123.39/share. Public Investment Fund (PIF) is…
TORONTO: Spearmint Resources Inc. has acquired the ‘Escape Lake North’ PGM Project in Ontario, Canada consisting of approximately 2,500 contiguous acres. This new project is prospective for platinum group metals (PGM) and is located near existing infrastructure in a mining-friendly…
LONDON: Great Western Mining Corporation has announced the signing of an option agreement with Nevada Select Royalties Inc., a subsidiary of Ely Gold Royalties Inc., to acquire 48 mineral claims in Nevada, the “Olympic Gold Project”, which are prospective for…
HONG KONG: Lenovo Group announced robust results for its full fiscal year and Q4, demonstrating the company’s position of strength amid unprecedented global transformation. Despite a fiscal year full of macro-economic and industry challenges, the company delivered full-year revenue exceeding…
PERTH: Perenti, a diversified global mining services group, announced its subsidiary, hard-rock underground miner Barminco, has received a letter of intent from Barrick to provide underground contract mining services at Barrick’s Hemlo Mine, located in the Marathon mining district of…
SYDNEY: The Board of AF Legal Group Ltd will enter the Australian Capital Territory (ACT) with the opening of a new office in Q3 FY2020. The office will be led by the highly respected leading family law practitioner Courtney Mullen….
PERTH: MGC Pharmaceuticals Ltd has signed a distribution agreement with Anden Bio Naturals S.A, a leading Peruvian medical products distributor, for the exclusive distribution and commercialisation of MGC Pharma phytocannabinoid-derived medicines in Peru and Bolivia for a term of five…
WINSFORD: Advanced Medical Solutions Group has acquired French company Biomatlante SA, a well-established international developer and manufacturer of innovative surgical biomaterial technologies for €8 million, with a potential further up to €0.3 million due over the next two years. Advanced…
LONDON: Eight Capital Partners has completed the acquisition of a €2 million receivable as outlined in its announcement of 1 June 2019 Notice of AGM. Finance Partners Group (FPG) is an Italian financial services company that, among other things, takes…