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Pin to quick picksMkango Res Share News (MKA)

Share Price Information for Mkango Res (MKA)

London Stock Exchange
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Share Price: 7.10
Bid: 6.70
Ask: 7.50
Change: 0.00 (0.00%)
Spread: 0.80 (11.94%)
Open: 7.10
High: 7.10
Low: 7.10
Prev. Close: 7.10
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Mkango Resources Rises As Rare Earths Miner Starts Trading On AIM (ALLIPO)

Wed, 15th Jun 2016 08:35

LONDON (Alliance News) - Mkango Resources Ltd shares rose on Wednesday morning as the rare earths miner started trading on London's AIM market.

Mkango issued 30.3 million shares at 3.3 pence per share to raise GBP1.0 million, which will be put towards progressing the company's Songwe Hill rare earths project in Malawi. Shares in the firm were trading at 3.9p on Wednesday morning, up 18%.

"Based on extensive benchmarking and industry analysis, I am confident that Mkango has the potential to be a future low capex, lowest cost quartile, sustainable producer of rare earths, thereby providing a strong foundation for entering into partnerships, marketing and offtake arrangements," said Mkango Chief Executive William Dawes.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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19 Aug 2019 09:07

Mkango reports solid progress at Songwe Hill and Thambani

(Sharecast News) - Mkango Resources updated the market on the Songwe Hill rare earths project and the Thambani uranium-tantalum-niobium project in Malawi on Monday, reporting that the feasibility study at Songwe Hill was progressing, fully-funded by its strategic partner Talaxis - a Noble Group subsidiary.

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12 Dec 2018 09:39

Mkango gets two-year licence renewal on its flagship project

(Sharecast News) - Malawi-focussed rare earths exploration and development company Mkango Resources announced on Wednesday that the Government of Malawi has granted a further two-year renewal to its flagship project.

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3 Dec 2018 14:35

Mkango boasts 'significant' intersects at Songwe Hill

(Sharecast News) - Malawi-focussed rare earths exploration and development company Mkango Resources announced results for the final 21 drill-holes from the recently-completed 10,900 metre diamond drill programme at the Songwe Hill Rare Earths Project on Monday.

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9 Aug 2018 14:10

Mkango makes good progress with drilling at Songwe

(Sharecast News) - Mkango Resources updated the market on its major diamond drilling programme underway at the Songwe Hill Rare Earths Project in Malawi on Thursday, which is a "key component" of the feasibility study for Songwe, fully funded by Noble Group subsidiary Talaxis.

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19 Dec 2016 14:02

Mkango enters collaboration agreement with Noble Resources

(ShareCast News) - Mkango Resources Ltd's shares are up almost 4% after it entered a collaboration agreement with Noble Resources International. The agreement will also allow Singapore-listed Noble -- one of the world's largest commodity traders -- to acquire up to a 12.5% interest in AIM-quoted Mka

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18 Oct 2016 10:38

Mkango Resources granted Phalombe Licence renewal

(ShareCast News) - Mkango Resources said the Government of Malawi has granted a further two-year renewal for Exclusive Exploration Licence 0284, better known as the Phalombe Licence. Mkango's flagship project, the Songwe Hill rare earth project, for which an updated pre-feasibility study was complet

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18 Oct 2016 07:51

Mkango Resources's Gets Two-Year Renewal Of Phalombe Licence In Malawi

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Mkango Resources Says Thambani Survey Confirms Significant Potential

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22 Jun 2016 15:12

Mkango joins Malawi mapping project

(ShareCast News) - Newcomer to the London markets, Mkango Resources, announced on Wednesday that it is in the process of acquiring new airborne geophysical data from the Malawi Geological Survey covering the majority of its Phalombe and Thambani exclusive prospecting licenses in Malawi. The AIM-trad

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22 Jun 2016 13:22

Mkango Resources Acquiring New Survey Data On Malawi Licences

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