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.
593 stories · page 6 of 6
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
Main share price risers and fallers in London at 4.15pm
Vast need a pre-emption rights waiver to issue the new shares
Archive
This week's mining industry news from Proactive Investors.
The rejection of the Crede Capital tranche 2 financing last month has put pressure on the company's working capital requirements
Archive
Top story this week - Lucara's massive diamond breaks auction records. Even bigger one to come.
Markets aren’t always easy to understand in these uncertain times, especially in the junior mining space.
Miners big and small are having a good day, but none more so than Ferrum Crescent
Investments and investor services
Throughout the day Botswana Diamonds and Cyan Holdings competed to be the biggest riser on the day.
FTSE100 is up 47 points at 6,139, while in the smaller indices - FTSE AIM 100 added 0.19% to 3,363 and the FTSE AIM All -share gained 0.29% to stand at 714.220.
UK shares were rather muted at the off but Cyan Holdings PLC was a notable riser - up over 118%.
Major share price risers and fallers in London at 4.00pm
Archive
In contrast to FTSE100, UK small caps were higher at the close, with Vast Resources still the top London gainer...
Archive
Silence Therapeutics new drug's oncology potential, deferral of debt for Aureus Mining and strong trading for PureCircle.
Stocks on London's junior market are at least having a better time of it than the blue-chips
Major share price risers and fallers in London at 3.30pm
UK small caps were heading lower on Tuesday, along with bigger Footsie, but smaller resource shares were doing well.
The AIM-listed miner agreed a share and warrant deal worth £6mln with Crede Capital on 4 January to be paid in four tranches of £1.25mln.
The first quarter of 2016 has been decidedly mixed for junior mining
Vast Resources has extended its license at Manaila in Romania
Archive
Forbidden Technologies see first paying customers, a coveted milestone for Corero and a turning point for Ithaca Energy.
The extension represents a more than 20-fold increase in the total prospecting licence area.
PureCircle was a beneficiary of the government's plans to introduce a sugar tax.
Top riser in London was video editing group Forbidden Technologies PLC, which surged 50%...
Firestone Diamonds was wanted after it said its Liqhobong project remains on budget and on target to achieve first production this year
Archive
China Nonferrous Gold said non-executive director Abuali Ismatov has today resigned from the board for personal reasons.
Main share price risers and fallers in London at around 1.45pm
Vast Resources says operational break-even was achieved at its mines in Romania and Zimbabwe in its first reported quarter since commissioning.
African Potash, Patagonia Gold, Vast Resources and Caledonia Mining all had news out this week
Investments and investor services
African Potash, e-Therapeutics and sound Energy also reported on Wednesday
Directors, senior executives and consultants have agreed to subscribe for new shares at 0.8p per share to raise the additional capital.
Investments and investor services
Below are the main news-drive share price movements at 3.30pm
Investments and investor services
The FTSE 100 dropped over 2%, ending the day around 150 points lower at 6,093.
Investments and investor services
Green Dragon, Midatech Pharma and BATM Advanced Communications also had news out on Monday
The Footsie backtracked 115 points to 6126 amid weak Chinese manufacturing figures
Investments and investor services
Below are the main news-driven share price movements at 3.30pm.
Investments and investor services
The Footsie fell 115 points to 6126 on downbeat Chinese manufacturing data
Vast Resources shares surged 12.5% in early deals as it unveiled a financing deal with investor Crede to raise up to £5mln to further development in Romania.
Archive
FTSE100, the UK's premier share index, closed out the year around 25 points lower in a curtailed trading day...
FTSE100, as tipped by spreadbetters, fell in early deals on a truncated trading day....
Romania is the main focus for Vast Resources (LON:VAST)......
Investments and investor services
Here are the small cap news highlights for Tuesday December 22.
Vast Resources has bolstered its board with a new finance chief and non-executive director.
Vast Resources is generating cash from two mines with a third on the way, says City broker Daniel Stewart, which has kicked off coverage of the shares...
Come February, Vast Resources will potentially have brought three mines into production in six months
Archive
Lots of news from the energy sector, but pride of place goes to 88 Energy.
Last week, the company agreed a separate deal with Baita that would have seen it pay the state-owned miner
Archive
FTSE100 finished around 19 points lower as investors were cautious on a day, which one analyst described as the "calm before the storm..
Investments and investor services
Ferrex, Oilex and Allergy Therapeutics also had news out on Monday
Investments and investor services
The FTSE 100 Index pared early losses to stand 3.88 points ahead at 6361
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Vast is trying to regain the right to mine at the Baita Plai polymetallic site in Romania
Investments and investor services
Akers Biosciences, Central Asia Metals and Deltex Medical Group also had news out on Monday
The FTSE 100 Index fell 26 points to 6308 at lunchtime
The Footsie and mainland European indices fell despite upbeat eurozone data
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Once awarded, Vast Romania will pay Baita around US$1.05mlm for loans outstanding and de-watering costs it has incurred.
Archive
Britain's top share index closed down 37 points on Thursday.....
Archive
Mining news played a part today and Aureus Mining told investors it had held a ceremonial opening.....
UK shares, were decidedly lower as UK retail sales numbers put a dampener on sentiment but China was the big trigger.
Shares in Vast Resources surged as it commissioned the plant at its Pickstone-Peerless gold mine.....
Below are the main news-driven share price movements at 4pm.
Pundits are no wiser after yesterday's policy statement as to the timing of the long-expected interest rate hike.
Investments and investor services
Primark's growth makes Associated British Foods' name more of a misnomer year-by-year
Investments and investor services
Dixons Carphone becomes the latest successful UK retailer to take a crack at the US market. The government reduces its stake in Lloyds after the lender announced plans to further reduce its workforce.