STOCK WATCH

PATAGONIA Gold’s shine was dulled as it announced the closure of one Argentine mine and the pause of operations at another.

The precious metals miner said the closure was due to lower than expected production. The other mine will be placed on care and maintenance – production there has also been below predictions.

Patagonia said it was still evaluating the development of other resources, but the shares tumbled 49pc, or 46.5p, to 48.5p.