Asiamet Resources

Investor Update: Asiamet signs agreement with China Nonferrous Metals

Headlines from the Proactive UK newsroom.

Asiamet (LON:ARS) has teamed up with China Nonferrous Metals to carry out an engineering evaluation on the BKM Copper project in Indonesia.  China NFC is currently building a zinc mine in Sumatra and is looking to expand its activities in the region.

ReNeuron’s (LON:RENE) strengthened its scientific advisory board with the appointment of three big name specialists in the treatment of eye and other conditions using stem cells.

Troubled Property group Hammerson (LON:HMSO) has appointed James Lenton as CFO from October. His predecessor Timon Drakesmith resigned in May. 

Gulf Marine Services chief executive Duncan Anderson is standing down after a profit downgrade and warning it is likely to breach bank covenants. Chairman Tim Summers is stepping up to an executive role.

Germany’s to issue a set of thirty-year government bonds at a zero rate of interest. The 2 billion Euro bund will be auctioned at 10.30 this morning and demand for it will clearly indicate how nervous investors are.

AstraZeneca has had a rare disappointment in a drug trial. Cancer treatment Imfinzi missed its primary endpoint in a combination trial of advanced lung cancer sufferers with a high mutation factor.

Quick facts: Asiamet Resources

Price: 2.825 GBX

Market: AIM
Market Cap: £26.21 m


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