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Keras Resources PLC - mine development in Togo, West Africa and US state of Utah - Mining campaign for 2021 for the Diamond Creek organic phosphate mine in Utah has been completed with 8,520 tonnes mined and delivered to the laydown area, below the forecast annual tonnage of 10,000 tonnes.
Sales since the start of the project in June 2020 totals 3,061 tonnes.
However, due to capital shortfall, operations at the Spanish Fork processing plant has been halted until funding discussions with a potential partner has been resolved.
Current stock price: 0.060 pence, down 29% on Friday
Year-to-date change: down 45%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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