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IN BRIEF: GCM Resources Extends Joint Venture Deal With PowerChina

19th Jan 2021 16:41

GCM Resources PLC - mining and energy company - Completes the extension of the joint venture agreements with Power Construction Corp of China. The joint venture agreements have all been extended to mid-March 2022. "I am pleased that PowerChina and GCM have confirmed the agreement to extend the joint venture agreements and would like to express my sincere thanks to the PowerChina team for the enthusiasm shown in our partnership to date," says GCM Chief Executive Datuk Tang.

Current stock price: 11.50 pence, down 2.1% on Tuesday

Year-to-date change: up 35%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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GCM Resources
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