AIM WINNERS & LOSERS: Abingdon Health warns results to miss forecasts
Tue, 27th Apr 2021 10:30
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
AIM - WINNERS
Vast Resources PLC, up 31% at 0.10 pence, 12-month range 0.07p-0.29p. Says decline project to Level 19 is progressing on schedule and has started mining fresh higher grade ore at its Baita Plai polymetallic mine in Romania. I am delighted with the operational progress that we have made in recent weeks and we remain well capitalised to achieve our development plan at Baita Plai without needing to come back to the market for the foreseeable future, says Chief Executive Andrew Prelea.
Vast Resources has an attractive portfolio of assets in Romania and Zimbabwe
Vast Resources PLC (LON:VAST) has said that the decline project to Level 19 is progressing on schedule and the company has commenced mining fresh higher grade ore at its Baita Plai polymetallic mine in Romania.
Mining and concentrate production has and will continue uninterrupted during this development phase at Baita Plai, with underground production currently focused on Levels 17 and 18 in addition to the new mining area on Level 19.
Exploration drilling targeting the downdip extension of the Antonio skarn from 19 level to 22 level is expected to commence in June 2021 as per the new mechanised mine plan.
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FTSE 100 declines despite modest rise by sterling against the dollar
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FTSE 250 sheds 144 points (0.6%)
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London s leading index closed Tuesday down 18 points, 0.3%, at 6,945, while the FTSE 250 lost 144 points, 0.6%, to 22, 433. European markets have struggled to maintain recent gains today, with the US open driving weakness on both sides of the Atlantic, IG Senior Market Analyst Joshua Mahony wrote. The recent shift in emphasis for traders has seen vaccination and reopening concerns replaced with a raft of earnings announcements that should help shape expectations for wider sector performance over Q1.
Baita Plai Update
Vast Resources plc, the AIM-listed mining company, is pleased to announce that the decline project to Level 19 is progressing on schedule and the Company has commenced mining fresh higher grade ore at its
Baita Plai Polymetallic Mine Baita Plai in
Romania, in accordance with the revised mechanised mine plan as announcened on 30
th
Mining and concentrate production has and will continue uninterrupted during this development phase at Baita Plai, with underground production currently focused on Levels 17 & 18 in addition to the new mining area on Level 19. Exploration drilling targeting the downdip extension of the Antonio skarn from 19 level to 22 level is expected to commence in
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