Daily Mail

STOCK WATCH

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TROUBLED Avocet Mining warned investors it could run out of money.

The firm has been negotiatin­g a restructur­ing of its balance sheet with creditors in a bid to keep its struggling Burkina Faso mine open after a series of disruption­s.

But yesterday it warned that it is unclear whether a restructur­e can be agreed before all its money has been exhausted.

Neverthele­ss, optimistic investors led shares to rise 1.1pc, or 0.25p, to 23.12p.

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