Navan assets decision

Navan Resources intends to consolidate existing assets through a combination of joint venture arrangements in Ireland and Bulgaria…

Navan Resources intends to consolidate existing assets through a combination of joint venture arrangements in Ireland and Bulgaria, while concentrating on base and precious metals in Spain, the company stated yesterday. It announced results for the year to December 31st, 1997, showing pre-tax losses of $15.58 million (£11.1 million) on a $29.6 million (£21 million) turnover.

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