Rome Resources upbeat on DRC-Rwanda peace reports

(Sharecast News) - Rome Resources welcomed news of an anticipated peace agreement between the Democratic Republic of Congo and Rwanda on Friday, describing it as a positive development likely to boost confidence in the regional business environment. The AIM-traded tin and copper explorer, formerly known as Pathfinder Minerals and active in the eastern DRC, noted the press coverage announcing a planned signing of a definitive peace deal next week, brokered by Qatar and the United States.

It said the agreement reportedly included joint security guarantees aimed at easing long-running tensions between the two nations.

Rome is currently operating three drill rigs with helicopter support, including supply and personnel flights via the Bisie airstrip.

The company said operations were progressing well, adding that a detailed update would be issued alongside its annual results, due by 1 July.

At 1239 BST, shares in Rome Resources were down 1.27% at 0.31p.

Reporting by Josh White for Sharecast.com.