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Key News from the Proactive Investors UK Newsroom:
Bacanora Lithium (LON: BCN) has published a feasibility study for its Zinnwald project in Germany, which shows 94,000 tonnes of reserves and a net present value of € 428 million. The construction costs of the mine are estimated at 159 million euros.
Gaming Realms (LON: GMR) has signed a distribution agreement with Relax Gaming, a content provider and platform owner with more than 350 casino brands. Gaming Realms will provide its Slingo game format and will receive a share of the revenue generated by game operators who adopt the game on the Relax platform.
The Ariana gold mine (LON: AAU) has made an annual profit of £ 2.2 million while its Kiziltepe mine in Turkey continues to gain momentum. The mining joint venture realized after-tax profit of £ 7.4 million for the year after the production of more than 27,100 ounces of gold equivalent.
Non-Standard Finance abandoned its takeover of Provident Financial after the UK regulator said the expanded group would not meet regulatory capital requirements due to the large number of minority interests.
Neil Woodford apologized for suspending his equity fund, which prevented investors from withdrawing money. He said that he was extremely sorry for the move but that it was necessary to protect the interests of investors.
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