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UK's Borders & Southern H1 operating loss widens on higher costs

UK oil & gas explorer Borders & Southern reported that its unaudited H1 operating loss widened year-on-year, driven by higher administrative costs. The company's cash balance at the end of June fell to $1.02 million from $3.2 million a year earlier. Exploration and evaluation costs capitalized in H1 amounted to $516,00

Iofina H1 revenue rises 7% on higher iodine output

UK iodine producer Iofina reported record first-half revenue up 7% year-on-year, driven by a 29% increase in crystalline iodine production. Adjusted EBITDA more than doubled, reflecting improved productivity and cost control.

China's Da Ming H1 profit rises on lower costs