Randgold Resources Kibali aims for Record Quarter

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Randgold Resources (LON:RSS) – Gold production at the Kibali mine in the Democratic Republic of Congo is rising steadily on the back of the optimisation of its automated underground operation, and it is on track to beat its guidance of 730 000 ounces for this year, Randgold Resources chief executive Mark Bristow said today. The record results expected for the …

Prudential plc enters the mutual fund market in Thailand

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Prudential plc (LON:PRU),Eastspring Investments, the Asian asset management business have reached an agreement to initially acquire 65 per cent of TMB Asset Management Co., Ltd. , a leading asset management company in Thailand, from TMB Bank Public Company Limited (“TMB”). Eastspring has an option to increase its ownership to 100 per cent in the future. As part of this acquisition, …

GlaxoSmithKline PLC and 23andMe sign agreement to leverage genetic insights for the development of novel medicines

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GlaxoSmithKline PLC (LON:GSK) and 23andMe  today revealed an exclusive four-year collaboration that will focus on research and development of innovative new medicines and potential cures, using human genetics as the basis for discovery. The collaboration will combine 23andMe’s large-scale genetic resources and advanced data science skills, with the scientific and medical knowledge and commercialisation expertise of GSK. The goal of …

Informa PLC continues to deliver good trading performances

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Informa PLC (LON:INF) announced today half year results for six months to 30 June 2018. KEY FINANCIAL AND OPERATING HIGHLIGHTS1 · Improving Revenue Growth: +4.3% underlying1 (H1 2017: +3.7%) and +4.6% reported · Increased Adjusted Operating Profit: +1.9% underlying1 and +3.3% reported growth to £294.4m (H1 2017: £284.9m), despite higher depreciation and currency headwinds; · Higher Adjusted Diluted Earnings per …

Vodafone Group PLC Group total revenue of €10.9 billion

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Vodafone Group PLC (LON:VOD), trading update for the quarter ended 30 June 2018. Highlights · Group total revenue of €10.9 billion (IFRS 15 basis), down 4.9% reflecting the adoption of IFRS 15 and FX headwinds · Q1 organic service revenue grew 0.3%* on an IAS 18 basis, or 1.1%* based on IFRS 15 (which is not impacted by the drag …

ITV PLC Launching new strategy from a position of strength

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ITV PLC (LON:ITV) announced today intermin results for the six months to 30 June 2018 Carolyn McCall, ITV Chief Executive, said: “We have delivered a strong operating performance with fantastic viewing figures both on-screen and online. Total advertising revenue was up by 2% with 48% growth in online revenues. ITV Family share of viewing was up 9% in the period …

Croda International Plc Strong first half performance

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Croda International Plc (LON:CRDA), the speciality chemical company that creates high performance ingredients and technologies relied upon by industries and consumers globally, today announced its half year results for the six months ended 30 June 2018. Reported results Reported results (IFRS) Half year ended 30 June 2018 2017 % change Sales £million 702.8 707.3 (0.6)% Operating profit £million 174.3 174.1 …

Fresnillo PLC robust production performance

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Fresnillo PLC (LON:FRES), production report for the three months ended 30th June 2018 Overview · Quarterly and first half silver production (including Silverstream), up 5.7% and 9.7% respectively over the corresponding periods in 2017 primarily due to the start up of operations at San Julián JM (Phase II) in July 2017. · Quarterly gold production of 234 koz, up 4.6% …

3i Group PLC another productive quarter

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3i Group PLC (LON:III) announced today Q1 performance update A good start to the year · NAV per share of 760 pence and total return of 5.1% for the three months to 30 June 2018 · Cash realisations of £337 million in the quarter, net of the £535 million reinvestment in Scandlines · Completed two new Private Equity investments in …

Antofagasta plc copper production in Q2 2018 increased by 6.1%

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Antofagasta plc (LON:ANTO) today released Q2 2018 production report. Antofagasta plc CEO, Iván Arriagada said: “Our performance in terms of copper production and controlling costs during the quarter has been successful and, as anticipated and previously guided, copper production during this second quarter was higher than in the first quarter while net cash costs were lower. “Second quarter copper production …