CAPITAL MARKETS

Reefton woes snowball

THE downhill slide just keeps getting steeper for Perth-based Reefton Mining with news today that its shares were suspended from trading on London’s AIM overnight after its UK broker and NOMAD resigned. Meantime <i>MiningNews</i> has been able to confirm Namibian press speculation claiming Reefton’s March 18 announcement, ‘New Uranium Discovery,’ was incorrect, and that it was knocked back on its uranium licence application because of claims it had illegally explored the ground.