Investments and investor services
FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Company
Vast Resources PLC
LON:VAST
Vast Resources plc is an AIM-quoted mining and exploration company dedicated to the discovery, development, and production of precious and base metals. The company has a long-standing presence on the ground in both Romania and in Zimbabwe.
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Vast Resources to no longer receive US$5.5mln tranche of Mercuria prepayment facility
The prepayment off-take agreement reached between the companies last year was for 100% of the copper and zinc concentrate produced at Vast’s Manaila polymetallic mine and Baita Plai polymetallic mine
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VAST’s chairman writes to shareholders in support of AGM resolution to issue shares
Vast wants to be able to move rapidly on opportunities in Zimbabwe and elsewhere
Investments and investor services
FTSE 100 closes higher as attention focuses on House of Commons vote
FTSE 100 closed 40 points higher at 6,895, while the mid-cap FTSE 250 closed around 12 up at 18,429.
Vast Resources focuses on bringing Baita Plai mine into 'profitable production'
Chief executive Andrew Prelea said Vast Resources is focused on improving results in its core operations in Romania and Zimbabwe.
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Vast Resources sees first-half revenue jump driven by its two operational mines in Romania and Zimbabwe
For the six months to 30 September 2018, the AIM-listed miner saw its revenue increase by 47%% to US$21.942mln, up from US$14.882mln a year earlier
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Vast Resources inks US$3.0mln bridge facility with Bergen Global Opportunity Fund to finance further working capital
The company said the facility has become necessary due to the continued delay, but still expected receipt, of the previously announced US$5.5mln Tranche B of the Mercuria Prepayment facility
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Curzon Energy pauses at Coos Bay to focus on partnership talks with Pared Energy
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