Nyota Minerals has completed the sale of a 75 per cent stake in its Ethiopian subsidiary to KEFI Minerals. Nyota and KEFI are now joint venture partners in the business which owns the Tulu Kapi Gold Project in Ethiopia. The gold miner received £1m in cash and 107,081,158 ordinary shares in the ca
Read moreThe FTSE Small Caps Index closes 0.5 percent higher while the junior-listed FTSE AIM All Share Index ends up 0.3 percent, with both outperforming a 0.1 percent gain on the blue-chip FTSE 100 index The FTSE 250 Mid Caps Index, which hit fresh record highs this week, closes down 0.2 percent.<
Read moreEast African gold explorer Nyota Minerals is selling 75 per cent of its Tulu Kapi mine in Ethiopia for 4.5m pounds, hitting its shares by 0.2p to 0.72p at 12.20 in London. Nyota has entered into heads of terms with a potential new development partner for the sale of the stake in subsidiary Nyota Mi
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