Vietnam Enterprise Investments (LSE:VEIL) Ltd outperformed its benchmark index last month, with the Vietnam Index having shown little reaction to events in Ukraine.
As of 28 February, VEIL's net asset value (NAV) was up 1.0% to US$12.35 per share from the end of January in dollar terms, compared to a 0.1% rise for the Vietnam Index, which advanced after the lunar new year holiday before losing some ground amid global market turmoil before recovering quickly around record highs.
Quantum Blockchain Technologies PLC (AIM:QBT)’s shares ballooned as it returned strong results from its mining and AI operations.
Shares were up more than 20% in early deals as the group filed a patent application for a new qubit based algorithm for Bitcoin mining.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) announced the sale of its 90% stake in the Karma mine in Burkina Faso to Néré Mining for up to US$25mln plus a 2.5% net smelter return (NSR) royalty.
“The sale of our non-core Karma mine to Néré Mining is in line with our strategy of actively managing our portfolio to focus management efforts on high margin, long-life and low all-in sustaining cost, core assets,” said Sébastien de Montessus, president and CEO of Endeavour.
Bushveld Minerals Ltd (AIM:BMN, OTC:BSHVF) has pushed the backstop date for its deal with Mustang Energy out until 17 March 2022.