Investor Update: Boost for Arkle Resources as Glencore takes stake in partner

Headlines from the Proactive UK newsroom.

Irish mining junior Arkle Resources (LON:ARK) has received a boost after mining titan Glencore invested C$1mln into its partner on the Stonepark Zinc Project. Arkle holds a 23.44% stake in Stonepark, which lies to the south of an existing Glencore zinc project.

Eden Research’s (LON:EDEN) commercial partner has received full authorisation for natural pesticide Cedroz from the Belgian Ministry of Agriculture. It is the first approval in an EU country for Eden’s Cedroz product. 

Sativa (LON:SATI) has received a controlled drug licence from the UK Home Office, allowing it to produce and supply cannabis at its headquarters in Somerset.

National Express has won a €1bn contract to run the buses in Casablanca for the next 15 years. The deal that nearly doubles its presence in Morocco.
Housebuilder Barratt put out a reassuring statement ahead of its annual meeting. Forward sales are strong it said at just under 13,000 homes with a value just over £3bn.

Profits have tumbled by 68% at online retailer ASOS after a hefty round of impairments and transition costs.

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