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PERE.L (PERE) Share News

TRADING UPDATES: Pembridge Resources sales rise; RECI net assets up

14th Oct 2022 19:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday, Tuesday and Wednesday not separately reported by Alliance News: Read More

IN BRIEF: Pembridge Resources notes Minto Metals update on Minto mine

13th Sep 2022 16:01

Pembridge Resources PLC - London-based copper-focused mining company - Minto Metals Corp, in which Pembridge has an 11% holding, provided an update on its reclamation costs security for the Minto mine in Yukon, Canada. Minto says it has submitted a proposal to the Yukon Government regarding the USD21 million increase in security costs required for the Minto mine. The Yukon Government and Selkirk First Nation are reviewing the proposal. Read More

IN BRIEF: Pembridge interim loss widens on Miton Metals revaluation

8th Sep 2022 14:56

Pembridge Resources PLC - London-based copper-focused mining company - In the six months ended June 30, widens pretax loss to USD3.9 million from USD2.5 million the previous year. Net assets at June 30 falls to USD7.3 million from USD10.9 million. Cites the market-to-market revaluation of its investment in Minto Metals Corp for the interim loss. Says it believes Minto has a "robust financial position" where it can look for new projects. Adds that it is now being repaid by Minto for a loan of CAD4 million to the firm during 2019 and 2020. Read More

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