LONDON: Endeavour Mining plc, a leading gold producer listed on the LSE, TSX, and OTCQX, has reported a triumphant close to the fiscal year 2023. The company is celebrating a production milestone of 1.1 million ounces of gold at an all-in sustaining cost (AISC) of $967 per ounce, alongside an impressive adjusted EBITDA of $1…
Nanoco Group hits major milestones with commercial orders and strategic partnerships
LONDON: Nanoco Group plc (LSE: NANO), a pioneer in the development of cadmium-free quantum dots and nanomaterials, has announced its unaudited interim results for the half-year ending 31 January 2024, marking significant achievements and financial growth. Commercial Breakthrough: The company has reached a critical milestone by securing its first-ever commercial orders. In November 2023, Nanoco…
IMCD Benelux has acquired Gova Ingredients
ROTTERDAM: IMCD N.V., a leading distributor of speciality chemicals and ingredients, today announced that IMCD Benelux has acquired 100% of Gova Ingredients, a prominent ingredients distributor for the beauty and personal care market in the Benelux. Established in 1999 and headquartered in Hoogerheide, Netherlands, Gova provides an extensive portfolio of cosmetic actives and functional ingredients….
Asiamet Resources completes biomass feedstock study for BKM copper project
LONDON: Asiamet Resources Limited has announced the successful completion of the KSK Biomass Feedstock Study. This pivotal study marks a major step forward in establishing a renewable power solution for the BKM copper cathode project in Central Kalimantan, Indonesia. The comprehensive assessment, conducted in collaboration with Britmindo Mining Services Singapore Pte Ltd, has identified abundant…
Logistics Development Group posts loss
LONDON: Logistics Development Group released its audited final results for the fiscal year ending on November 30, 2023. The company has reported an underlying EBIT of a loss of £12.0 million, a stark contrast to the previous year’s profit of £1.1 million. Similarly, the loss before tax stands at £10.7 million, down from a profit…
Sirius Real Estate bought Vantage Point Business Village in Gloucestershire for £48.25 million
LONDON: Sirius Real Estate, a prominent player in the German and UK business park sector, has marked its first UK property acquisition this year with the purchase of Vantage Point Business Village in Gloucestershire for £48.25 million (€56.4 million), reflecting a 10.2% initial yield. This move follows the company’s £147 million capital raise last November….
Apollo will purchase $8 billion of senior secured financing facilities from UBS
LONDON: UBS (NYSE:UBS) and Apollo today announced that they have entered into an agreement pursuant to which ATLAS SP has concluded its Transition Services Agreement with UBS and UBS will close out its Investment Management Agreement with Atlas. As part of this agreement, Apollo will purchase USD 8 billion of senior secured financing facilities from…
Diploma Plc to acquire Peerless Aerospace Fastener for £236m
LONDON, UK: Diploma PLC (LON:DPLM), the international value-add distribution group, announced the proposed acquisition of Peerless Aerospace Fastener LLC, a market-leading distributor of specialty fasteners into the US and European aerospace markets for ca. £236m ($300m). Peerless is one of the largest independent value-added distributors of aerospace fasteners with a strong reputation for quality and…
Multifamily insurance firm, Sertis secures $3.2 million in seed funding
Sertis, a burgeoning name in the insurance industry, has successfully closed a seed funding round securing$3.2 million, signaling strong investor confidence in its innovative approach to the multifamily insurance market. CEO Mark Gardella announced the news, highlighting the significance of this financial milestone in validating the company’s strategic business model and its forward-thinking vision. The…
Bowman Consulting Group sets public offering price at $34.00 per share
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a prominent player in the engineering and infrastructure services sector, has announced the pricing of its public offering at $34.00 per share.The offering comprises 1,323,530 shares issued by Bowman, alongside 147,058 shares from key insiders: President and CEO Gary Bowman, and Executive VP and COO Michael Bruen. The company…
KNAV merges with Singapore’s Natarajan & Swaminathan
KNAV, a global accounting and advisory firm, has merged with Natarajan & Swaminathan, a distinguished audit firm in Singapore with a 70-year legacy. This strategic merger aims to enhance KNAV’s local operations and broaden its regional influence. Natarajan & Swaminathan is celebrated for its exceptional audit and tax services, and its team’s deep understanding of…
Savor Limited announces robust financial outlook and strategic banking shift
AUCKLAND: Savor Limited (NZX: SVR), New Zealand’s leading hospitality entity, has released its year-end financial forecast, showcasing a remarkable turnaround and strategic banking developments. Financial Resurgence Post-Pandemic Savor Limited has reported that the fiscal year 2024 marks its first reporting period free from the influences of the Moa business divestment and the COVID-19 pandemic.The company…