COMPANIES

Frugal moves rewarded

A cautious market has rewarded GoldStone Resources’ (LN:GRL) frugal financial measures with a rise of 18.1%, taking it among the leaders of this week’s London and Johannesburg-listed market risers.

GoldStone’s Homase pit, pictured in 2002 being mined by Ashanti Goldfields

GoldStone’s Homase pit, pictured in 2002 being mined by Ashanti Goldfields

The Africa-focused junior last week announced it would draw down the remaining half of a £400,000 loan from Paracale Gold, which will help fund GoldStone into early 2018, and convert the loan amount plus...

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