The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKodal Minerals Share News (KOD)

Share Price Information for Kodal Minerals (KOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.48
Bid: 0.46
Ask: 0.50
Change: 0.039 (8.86%)
Spread: 0.04 (8.696%)
Open: 0.455
High: 0.479
Low: 0.479
Prev. Close: 0.44
KOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Kodal Minerals temporarily withdraws from Norway project

Wed, 19th Oct 2016 13:05

(ShareCast News) - Mineral exploration and development company Kodal Minerals announced on Wednesday that it has requested a temporary withdrawal from the planning process for its non-core phosphate and titanomagnetite project in Southern Norway.The AIM-traded firm said the move was in line with its strategy to prioritise development of its recently-acquired high grade lithium projects in Mali and its wider gold portfolio in West Africa.It said the Kodal Project was fully impaired in its financial statements for the year ended 31 March 2015 in response to the dramatic fall in the price of iron ore.The company was seeking to continue to progress the planning process but was not undertaking any further exploration or development work on the project.Its board has now decided to withdraw from the planning process to avoid expending further management time or incurring additional costs.The company said it has written to the relevant municipalities requesting a temporary withdrawal from the planning process on the basis that the Kodal Project is not currently economically viable, and unlikely to change in the short term.Kodal's licences remain valid until July 2023 and the company may seek to restart the process if the economics of the project improve in the future."The excitement around, and potential value of, our recently acquired lithium assets in Mali, combined with the continued low level of the iron ore price, has prompted this pragmatic decision from the board," said CEO Bernard Aylward."We are now directing the majority of the company's capital and management time towards West Africa and the areas of the business which we believe hold the most near term value for shareholders and we look forward to providing news from this core portfolio of assets in due course."
More News
30 Jan 2019 11:22

Kodal Minerals Secures Exclusive Rights To Explore Two New Concessions

LONDON (Alliance News) - Kodal Minerals PLC on Wednesday said it secured exclusive rights to explore two new concessions in Mali, where the firm is advancing its Bougouni lithium agreement is with

Read more
25 Jan 2019 08:55

Kodal Minerals upbeat on latest drilling results from Mali

(Sharecast News) - Mineral exploration and development company Kodal Minerals reported the final set of assay results for the diamond drilling completed at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Friday.

Read more
18 Jan 2019 07:59

Kodal Minerals reports further high-grade results from Bougouni

(Sharecast News) - Mineral exploration and development company Kodal Minerals reported further high-grade assay results for the diamond drilling and reverse circulation (RC) drilling completed in November and December at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Friday.

Read more
14 Dec 2018 15:49

Kodal Minerals narrows loss as it works towards production at Bougouni

(Sharecast News) - Mineral development and exploration company Kodal Minerals announced its unaudited interim results for the six months ended 30 September on Friday, with its loss narrowing to £0.34m year-on-year, from £0.53m.

Read more
26 Nov 2018 16:43

Kodal Minerals encounters 'high grade' lithium at Mali project

(Sharecast News) - Kodal Minerals' shares climbed on Monday after drilling at its Bougouni lithium project in southern Mali returned multiple mineralised intersections.

Read more
5 Sep 2018 10:48

Kodal Minerals Publishes Maiden Mali Resource Estimate

LONDON (Alliance News) - Kodal Minerals PLC on Wednesday published its maiden resource estimate for the Bougouni lithium project in Mali, showing "potential for future mining resource showed

Read more
30 Aug 2018 16:02

UK Shareholder Meetings Calendar - Next 7 Days

Friday 31 AugustHerencia ResourcesStagecoach GroupMonday 3 4 SmithMonks 5 6

Read more
22 Aug 2018 15:00

Kodal upbeat on Bougouni assay results

(Sharecast News) - Mineral exploration and development company Kodal Minerals announced all assay results had now been received for the drilling campaign completed at Bougouni in June on Wednesday.

Read more
22 Aug 2018 10:47

Kodal Minerals Finds Further Lithium As It Looks To Update Resources

LONDON (Alliance News) - Kodal Minerals PLC has found further mineralisation at Mali's Bougouni lithium project with all assay results now received, the company said Wednesday.The from

Read more
10 Aug 2018 13:03

Kodal Minerals Expects Maiden Resources Report From Mali In September

LONDON (Alliance News) - Kodal Minerals PLC said Friday it expects to publish its maiden mineral resource estimate in September after noting a jump in its share price.The stock was trading

Read more
11 Jun 2018 11:29

Kodal Minerals Raises GBP1.5 Million, Mostly From Major Shareholder (ALLISS)

LONDON (Alliance News) - Kodal Minerals PLC said Monday it raised GBP1.5 million through a share subscription and placing to advance the exploration at the Bougouni lithium project in southern and

Read more
8 Feb 2017 13:34

Kodal pleased with final drilling assays from Bougouni project

(ShareCast News) - Shares in Kodal Minerals fell more than 10% as final drilling assays from the Ngoualana prospect at Bougouni Lithium Project in Mali confirmed high-grade mineralisation. "This prospect is continuing to exceed our expectations with the wide intersections of spodumene rich pegmatite

Read more
8 Feb 2017 08:06

Kodal Shares Soar On Final Results From Bougouni Drill Programme

Read more
9 Jan 2017 12:57

Kodal Minerals raises £1m in placing

(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced on Monday that it has raised £1m, before expenses, through a placing of 666,666,667 new ordinary shares of 0.03125p each, at a price of 0.15p per share, with a range of new and existing invest

Read more
30 Dec 2016 10:36

WINNERS & LOSERS SUMMARY: NEX And TP ICAP Rise After Completing Deal

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.