Proactive news highlights: Bass Metals, Fox Marble, Netscientific and Stratmin Global
Fox Marble hit by currency fluctuations, Netscientific launches a phone app and Stratmin shareholders look forward to impending Graphmada sale.
Company
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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Fox Marble hit by currency fluctuations, Netscientific launches a phone app and Stratmin shareholders look forward to impending Graphmada sale.
Current CFO Pierre Joubert will step down at the end of next month, while the firm hopes to add an experienced non-executive director to its board
Musical chairs in the Vast Resources but the stock market likes the music
"We are very pleased with the additional support from shareholders," said Roy Pitchford, Vast's CEO
The junior is exploring to establish a JORC compliant resource at the site by the end of this quarter.
Paternoster Resources has taken a big stake in Polemos, which has done wonders for the latter's share price, but not Paternoster's
On July 14, the firm revealed plans to raise up to £1mln via the offer to existing shareholders.
Stellar inks joint-venture deal for the Baoulé kimberlite project in Guinea
Investments and investor services
London's rising and falling stocks today at around 4.15pm
Since the beginning of the month, production continues above expectations at its Pickstone-Peerless gold mine in Zimbabwe, it noted
A weekly round-up of mining news from the world of Proactive.
Vast said the placing was to provide additional working capital following the termination of the equity subscription agreement with Crede.
Main share price risers and fallers in London at 4.15pm
London’s FTSE 100 index rose on Tuesday and ended above 6,000 points as some calm returned to the bourse after three days of frantic trading in the wake of Britain’s shock referendum decision to quit the European Union
The FTSE 100 Index lifted 160 points to 6142 while BBA Aviation flew higher
Yesterday, FTSE closed beneath the 6,000 level but is now up 115, or 2% at 6,097.
The FTSE100 held onto most of its intraday gains to close over 3% higher on Monday after sentiment towards remaining in the EU grew
The FTSE100 index popped its head above 6,000 early in the session and managed to stay there into the Friday close, drawing and end to a difficult Brexit fears week
Footsie is on track to finish a rough week on a positive note
Banks lead the way higher as fears of a Brexit recede