Balfour Beatty (LON:BBY) announced that Balfour Beatty Rail has won a five-year contract to carry out track renewal work in partnership with London Underground.
The total value of the work to be delivered by the partnership is £220 million, of which around half will be Balfour Beatty's share.
European Nickel (LON:ENK) has decided to fast track the Definitive Feasibility Study for the Acoje nickel laterite project in the Philippines as it places the Çaldağ project on care and maintenance until receipt of the forestry permit.
“The forestry permit for the Çaldağ project has yet to be re-issued, we do have an equally viable alternative project in Acoje which has the potential to be significantly larger and longer life than Çaldağ. We cannot tread water indefinitely at Çaldağ until the permit is re-issued, and the Board believes that our efforts and resources are better deployed at Acoje in the meantime,” said managing director of European Nickel Rob Gregory.
Flybe Group (LON:FLYB) announced the pricing of its initial public offering of ordinary shares. The offer price has been set at 295 pence per ordinary share.
Solomon Gold (LON:SOLG) said that it was informed by Regent Pacific Group Limited that, in fulfilment of its obligations under Rule 5 of the DTR, on 9 November 2010, Regent Pacific Group Limited held a total of 8,078,572 ordinary shares representing approximately 2.876% of the company's issued share capital.
Kalahari Minerals (LON:KAH) announced that it intends to apply for a Standard Listing of its ordinary share capital to the Official List of the UK Listing Authority and to trade on the London Stock Exchange's Main Market for listed securities.
Hummingbird Resources (LON:HUM) has been admitted to AIM after conducting a £30.1 million placing. The company has a market cap of £89.1 million.
Sunrise Resources (LON:SRES) has received a notice of exercise in respect of 500,000 warrants over new ordinary shares in the company.