Altus Strategies PLC - Didcot, Oxfordshire-based mining royalty generator - Notes Graphex Mining Ltd's acquisition of earn-in rights previously held by Glomin Services Ltd on Altus-owned Lakanfla and Tabakorole gold projects located in Mali. Graphex to earn up to an 80% interest in each project by completing up to four key stages culminating in a definitive feasibility study. Altus will retain a 2.5% net smelter return royalty on the projects.
Current stock price: 33.92 pence
Year-to-date change: down 3%
By Tapan Panchal; tapanpanchal@alliancenews.com
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