Romania and Zimbabwe-focussed mining company Vast Resources advised shareholders on Friday that, as a result of the “consistently positive” results delivered from the drilling and development programme at the Carlibaba Deposit located next to its producing Manaila Polymetallic Mine in Romania, coupled with the 2018 off-take bidding process for the concentrate production, it has been presented with a number of potential non-dilutionary financing options to advance its Romanian interests.
A severe revision to UK growth forecasts will drastically cut Phillip Hammond's wiggle-room in the upcoming Budget. A dramatic over-estimation of the UK's productivity levels over the past seven years by fiscal watchdog, the Office of Budget Responsibility (OBR), means the Chancellor of the Exchequer's room for spending could be reduced by as much as two-thirds. - Telegraph.
London stocks were set to edge up at the open on Friday, underpinned by a weaker pound, as investors eyed the latest non-farm payrolls report.
US stocks notched fresh record highs again on Thursday as investors digested a series of data releases and speeches from Federal Reserve officials.