Top stories from the Proactive Investors UK newsroom.
Thor Mining (LON:THR) has dusted off the plans for its Jervois project in Northern Territory, which might be a potential source of vanadium. Lab test have already indicated decent grades of the battery metal, which will be followed by further drilling.
Optibiotix (LON:OPTI) has signed a licence with Tenshindo for its cardiovascular food supplement to be sold in products in Japan for the first time. Tenshindo is a manufacturer of functional food and cosmetics products and the Probiotix supplement will be added to a newly developed product.
Film insurance specialist FFI Holdings (LON:FFI) has received a mandatory takeover offer from Lumiere following its acquisition of the chief executive‘s 30.1% stake.
Sainsbury’s sales fell across every division in the sixteen weeks to end June in conditions boss Mike Coupe described as tough. Total sales dropped 1.2%
Outsourcer Serco has agreed to a fine of £19.2m together with £3.7mln costs as part of a deferred prosecution agreement to settle a fraud investigation dating back to 2013.
JD Sports’ like-for-like sales growth has been encouraging both in the UK and abroad. Some 29 new stores or 109,000 sq ft of space net was added in the period to 29 June.