STOCK WATCH

Scottish Daily Mail - - City & Finance -

GOLD min­ing min­now Ari­ana Re­sources rock­eted after it signed an agree­ment to po­ten­tially part­ner with a Turk­ish con­struc­tion group.

Un­der the deal, known as a mem­o­ran­dum of un­der­stand­ing, the un­named con­struc­tion firm would spend more than £23m buy­ing stakes in two of Ari­ana’s min­ing projects in Turkey. The pos­si­ble part­ner would also in­ject a fur­ther £6m di­rectly into de­vel­op­ing one of the mines.

Shares in Ari­ana jumped 29.8pc, or 0.62p, to 2.73p.

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