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Thu, 03rd Dec 2020 15:44
Mkango Resources Ltd - exploring for rare earth elements in Malawi - Completes drilling and soil sampling programme to find rutile prospects in Mchinji licence, Malawi. "All samples have now been transported overland from Malawi to a specialist assay laboratory, Scientific Services in Cape Town, South Africa," Mkango says.
Current stock price: 12.62 pence
Year-to-date change: up 47%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
(Sharecast News) - Mkango Resources closed a private placing on Thursday, raising £0.75m in gross proceeds to support HyProMag's first commercial sales, among other objectives.
Read more(Alliance News) - Mkango Resources Ltd on Thursday said that it has closed a GBP750,000 private placement, which included a GBP150,000 investment by Chief Executive Officer William Dawes.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
Read more(Alliance News) - Mkango Resources Ltd announced on Monday that it has raised funds totalling GBP900,000.
Read moreMkango Resources Ltd - rare earth metals explorer - Says BBA USA Inc and PegasusTSI Inc have been engaged to complete a feasibility study for the HyProMag USA asset. The study concerns the engineering and design of a rare earth element magnet recycling facility. "The feasibility study is expected to be completed during H2 2024. HyProMag USA has the potential to supply the US with a sustainable, long term domestic supply of neodymium/iron/boron permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains," it says. Mkango owns around 79% of Maginitom which in turn owns all of HyProMag. Toronto-listed CoTec Holdings Corp owns around 21% of Maginitom.
Read more(Sharecast News) - Mkango Resources, alongside CoTec Holdings, announced a partnership with Maginito on Wednesday to establish HyProMag USA as a 50-50 joint venture entity.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more(Alliance News) - Mkango Resources PLC on Wednesday said that its subsidiary will partner with CoTec Holdings Corp to roll out scrap magnetic recycling technology in the US.
Read more(Sharecast News) - Mkango Resources announced on Tuesday that it has completed its first production runs of recycled rare earth magnets, marking a pivotal moment in securing essential raw materials.
Read more(Alliance News) - Mkango Resources Ltd on Tuesday announced the first production of recycled rare earth magnets on commercial scale manufacturing equipment in the UK in over 20 years.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - Mkango Resources Ltd on Wednesday said that HyProMag Ltd's rare earth magnet recycling technology has been selected by the Minerals Security Partnership for support as one of its key projects.
Read more(Sharecast News) - Mkango Resources, alongside CoTec Holdings, updated the market on the incorporation of HyProMag's rare earth magnet recycling technology in the United States on Tuesday.
Read more(Alliance News) - Mkango Resources Ltd on Tuesday said planning for the US feasibility study for its joint venture with CoTec Holdings Corp, HyproMag Ltd, has started, with completion targeted for mid-2024.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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