Emily Parsons, Alliance News Journalist Profile

Articles

Strategic Minerals swings to profit after one-off impairment charge

1 week ago | ca.marketscreener.com | Emily Parsons

(Alliance News) - Strategic Minerals PLC on Tuesday reported a swing to profit during 2024, as revenue tripled and earnings compared to a one-off impairment charge in 2023. The London-based miner with projects in South Australia, the US state of New Mexico, and the UK said it swung to pretax profit of USD2.1 million in 2024, from a loss of USD9.1 million in 2023.
BP Marsh acquires 27% stake in underwriting agency Cameron Specialty

1 week ago | marketscreener.com | Emily Parsons

(Alliance News) - BP Marsh & Partners PLC on Tuesday said it has acquired a 27% stake in London-based underwriting agency Cameron Specialty. The London-based private equity firm, investing in early-stage financial services businesses said it has agreed to provide funding of up to GBP1.7 million to Cameron Specialty, through a mix of equity and a loan facility, which was partially drawn upon completion.
Hercules hits record interim revenue and expects further growth

1 week ago | marketscreener.com | Emily Parsons

(Alliance News) - Hercules PLC on Tuesday said it had delivered record revenue during the first half of its current financial year, and that it remains on track to achieve further growth in its second half. The Cirencester, England-based labour supply company for the UK infrastructure and construction sectors said pretax profit was GBP1.1 million in the six months that ended March 31, rising 22% from GBP900,000 the year before.
Andrada Mining inks ore acquisition agreement at Goantagab in Namibia

1 week ago | marketscreener.com | Emily Parsons

(Alliance News) - Andrada Mining Ltd on Tuesday said it has secured additional supply from a tin ore body at Goantagab in Namibia, near to the Uis mine and processing facility. The tin producer said the "relatively high" historic tin grades at the deposit make it a potential source of high-margin feedstock, which Andrada expects will "materially enhance" throughput at Uis.
Hercules hits record interim revenue and expects further growth

1 week ago | morningstar.co.uk | Emily Parsons

(Alliance News) - Hercules PLC on Tuesday said it had delivered record revenue during the first half of its current financial year, and that it remains on track to achieve further growth in its second half. The Cirencester, England-based labour supply company for the UK infrastructure and construction sectors said pretax profit was GBP1.1 million in the six months that ended March 31, rising 22% from GBP900,000 the year before.
Atlas Metals shares double as agrees potential reverse takeover

1 week ago | morningstar.co.uk | Emily Parsons

(Alliance News) - Atlas Metals Group PLC on Tuesday said it has signed a non-binding letter of intent for the reverse takeover of Universal Pozzolanic Silica Alumina Ltd. Atlas Metals is a natural resources and energy investor formerly known as MetalNRG. UPSA has the commercialisation rights to a "substantial" pozzolanic silica alumina reserve in Australia, with 99 years of extraction rights for 250 million tonnes.
Eden Research partners with Royal Holloway on seed treatment product

1 week ago | uk.marketscreener.com | Emily Parsons

(Alliance News) - Eden Research PLC on Monday said it has partnered with Royal Holloway, University of London, on the development of Eden's seed treatment product, Ecovelex. The Oxfordshire, England-based company develops biopesticides and formulation technologies for the crop protection, animal health and consumer products industries.
Triple Point Venture swings to profit despite net asset value decline

1 week ago | morningstar.co.uk | Emily Parsons

(Alliance News) - Triple Point Venture VCT PLC on Monday reported a swing to profit during its most recent financial year, despite a decline in net asset value. The London-based investor in early-stage small and medium-sized enterprises said it swung to pretax profit of GBP636,000 in the year that ended February 28, from a GBP785,000 loss the year before. This was driven by its investment return more than tripling to GBP2.9 million from GBP943,000 the prior year.
IQE completes joint quantum-powered universal memory project

1 week ago | marketscreener.com | Emily Parsons

(Alliance News) - IQE PLC on Monday said it has completed a GBP1.1 million joint project funded by Innovate UK to develop a scalable production method for the world's first quantum-powered universal memory, ULTRARAM. The Cardiff-based supplier of advanced wafer products for the semiconductor industry said the project was completed as part of a consortium, which included Lancaster and Cardiff Universities.
EDX Medical and Spire Healthcare ink memorandum of understanding

1 week ago | uk.marketscreener.com | Emily Parsons

(Alliance News) - EDX Medical Group PLC on Monday said it has signed an agreement with Spire Healthcare Group PLC to explore opportunities to utilise new diagnostic products and patient testing services. EDX Medical is a Cambridge, England-based firm the develops digital diagnostic products and services to treat cancer, heart disease, and infectious diseases. Spire Healthcare is a London-based healthcare company.