Fundy INCREASES holding in World Mining Services Ltd assets
FUNDY MINERALS LTD FUNDY INCREASES HOLDING IN WORLD MINING SERVICES LTD ASSETS The Board of Fundy Minerals Ltd, the Canadian exploration company, announces that as a result of a General Meeting of World Mining Services Limited shareholders, Fundy has exchanged its 29.66% holding of the PLUS listed World Mining Services Ltd for 48.49% holding in shares of privately held WMS Limited.
Randgold Resources Ltd., an owner of gold mines in West Africa, was raised to ``buy'' from ``hold'' by Citigroup Inc. on expectations it will double production in three years.