SYDNEY: Northern Minerals Limited announced that the Company’s long-serving Chief Financial Officer and Company Secretary Mark Tory has been appointed Chief Executive Officer. Acting Executive Chairman Colin McCavana will revert to his former role of Non-Executive Chairman of the Northern Minerals’ Board, after a period care-taking the executive function of the Company following the resignation…
Tim wither appointed Managing Director of Maximus Resources Limited
PERTH: Maximus Resources Limited announced that Mr Tim Wither has been appointed Managing Director of the company. Mr Wither will commence in his role on or before 27 August 2020. Mr Wither is a mining engineer with over 18 years of exploration, operational and executive experience in gold and base metals projects in Australia and…
Rostelecom started construction of a Tier IV data center in Moscow with 2,000 racks capacity
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that it has started the construction of a Tier IV data center in Moscow, with ultimate level of redundancy and reliability, and fault tolerance. Rostelecom’s new Tier IV data center will be built in south-eastern Moscow, with total area of 10,150 sqm and…
Sanofi and GSK agree with the UK government to supply up to 60 million doses of COVID-19 vaccine
LONDON: Sanofi and have reached an agreement, subject to final contract, with the UK government for the supply of up to 60 million doses of a COVID-19 vaccine. The vaccine candidate, developed by Sanofi in partnership with GSK, is based on the recombinant protein-based technology used by Sanofi to produce an influenza vaccine, and GSK’s…
Gresham Technologies completes acquisition of Inforalgo Information Technology Limited
LONDON: Gresham Technologies has completed the acquisition of the entire issued share capital of Inforalgo Information Technology Limited on 28 July 2020 for a total consideration of up to £3.6 million, comprising initial consideration of £2.3 million and deferred consideration of up to £1.3 million, a news release said. The acquisition is expected to be…
Directa Plus signs technical and commercial agreement with Italdesign
LONDON: Directa Plus, a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, has signed a technical and commercial agreement with Italdesign S.p.A, a global leader in automotive design and engineering, a news release said. Part of Volkswagen AG, Italdesign also specialises in styling, engineering, prototyping and testing…
Cloudveil forms strategic partnership with Axis Security
LONDON: Security and Risk Management Consultancy, Cloudveil Limited announced the foundation of a strategic partnership with Axis Security Services Limited, one of the UK’s leading providers of Integrated Security Solutions. The partnership will be launched with the delivery of a range of specialist consultancy services at one of Axis’s most prestigious accounts. Main platform functions…
Oracle Power and HH Private Office collaborate to explore potential mining opportunities in Africa
LONDON: Oracle Power PLC has signed a non-binding Memorandum of Understanding (MoU) with The Office of His Highness Sheikh Ahmed Dalmook Al Maktoum (HH Private Office), which will see Oracle and HH Private Office potentially partner and collaborate to explore potential mining opportunities in Africa. HH Private Office currently develops and owns various projects across…
Greenbank Capital announces its merchant banking strategy
TORONTO: GreenBank Capital Inc. has announced the restoration of trading in its shares on the Canadian Securities Exchange, and considerable progress in formulating and implementing its Merchant Banking strategy to reflect the opportunities provided by its investment in Staminier Limited. On March 11th, 2020 GreenBank acquired a 19% stake in Staminier Ltd. In addition, it…
Zwipe and Liveo Research partnering to enhance biometric payment card offering
OSLO: Biometric fintech company Zwipe and Liveo Research have partnered to offer a highly optimized route to efficient and scalable manufacturing of biometric payment cards. This is key in supporting the ongoing industrialization of the Zwipe Pay family of products. Liveo Research is a global manufacturer of rigid packaging solutions focusing on pharma packaging innovations,…
Aker Solutions gets services contract from ExxonMobil for hebron platform in Canada
OSLO: Aker Solutions has secured a five-year contract extension from ExxonMobil Canada Properties for the provision of engineering, procurement and construction (EPC) services for the Hebron platform, offshore Newfoundland. The contract is an extension for a 5-year period, starting in the summer of 2020. Aker Solutions has provided EPC services to Hebron since 2015. The…
Total announces gas discovery in shallow waters off the Egyptian coast
PARIS: Total SE, bp and Eni (as the operator) have made a gas discovery with the Bashrush well on the North El Hammad license, located eleven kilometers off the Egyptian coast. The well encountered 102 meters net gas pay in high quality sandstones of the Abu Madi formation. A production test was conducted with flow…