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Pin to quick picksTertiary Minerals Share News (TYM)

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Tertiary Minerals shares rise as Mupala project brief approved

Thu, 09th May 2024 16:19

(Alliance News) - Tertiary Minerals PLC on Thursday said that the environmental project brief for its Mupala copper project in Zambia has been approved.

Shares in Tertiary Mminerals traded 14% higher at 0.10 pence each in London on Thursday afternoon.

Tertiary is a mineral development company focused on deposits in the US, Zambia and Northern Europe.

The approval of the EPB clears the way for the start of mineral exploration activities at Mupala, the company said.

Chair Patrick Cheetham said: "We are delighted to report the approval of the EPB which, alongside the receipt of the letter of consent from the Sailunga Chiefdom, allows us to commence exploration at the Mupala project.

"The strategic position of our Mupala and Mukai projects in the Kabompo Dome region and the Konkola West project in the traditional copperbelt, where KoBold Metals is currently drilling, places Tertiary at the heart of Zambia's mining boom and we are looking forward to providing updates on our exploration season as it unfolds."

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
Today 15:59

IN BRIEF: Tertiary Minerals progresses drilling at Konkola West

Tertiary Minerals PLC - Mineral development company focused on deposits in the US, Zambia and Northern Europe - Ongoing drilling at Konkola West Copper project in Zambia reaches a depth of 1,1341 metres. Company says: "drilling progress has been a little slower than anticipated due to use of a new drill rig and variable ground conditions". No further announcement due until first hole is completed but planning for a second drill hole is already underway.

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Today 13:16

Tertiary Minerals says Konkola West drilling slower than expected

(Sharecast News) - Tertiary Minerals updated the market on its drilling activities at the Konkola West Copper Project on Friday.

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10 Jun 2024 15:37

IN BRIEF: Tertiary Minerals starts exploration at Zambian project

Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and Northern Europe - Announces the start of exploration operations at its Mupala copper project in the Kabompo Dome in Zambia. Notes the project is located adjacent to the Anglo American/Arc Minerals joint venture project, where Anglo American has a right to earn a 70% interest through expenditure of USD88.5 million, and 12 km west of the company's Mukai project. Expects work to start this week with reporting of provisional results upon completion. Executive Chair Patrick Cheetham says: "Momentum is now building for our current exploration season. Drilling is in progress at Konkola West with KoBold Metals and Mwashia Resources and we announced last week the consolidation of three additional projects into our new subsidiary, Copernicus Minerals, where drilling plans are also being advanced."

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29 May 2024 20:46

TRADING UPDATES: Firering raises cash; CT Private Equity NAV down

(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:

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9 May 2024 13:23

Tertiary Minerals moves towards operations at Mupala

(Sharecast News) - Tertiary Minerals announced on Thursday that its Environmental Project Brief (EPB) for the Mupala Copper Project in Zambia had been approved, paving the way for mineral exploration activities to start.

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2 May 2024 16:11

TRADING UPDATES: Microsaic wins contract; Frontier inks Canadian deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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2 May 2024 10:46

Tertiary Minerals upbeat on fresh Brunton Pass findings

(Sharecast News) - Tertiary Minerals announced optimistic findings from a recent geophysical survey at its Brunton Pass Copper-Gold Project in Nevada on Thursday.

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16 Apr 2024 21:57

EARNINGS AND TRADING: J Smart boosts revenue, Tertiary starts drilling

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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9 Apr 2024 13:06

Tertiary Minerals up as Konkola deal in Zambia gets approval

(Alliance News) - Shares in Tertiary Minerals PLC rose on Tuesday, as the company's joint venture partner prepares for drilling at its Zambian copper project following the receipt of a regulatory approval.

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26 Feb 2024 14:08

Tertiary Minerals forms Zambian joint venture

(Sharecast News) - Tertiary Minerals announced the signing of a new joint venture agreement with local partner Mwashia Resources on Monday.

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26 Feb 2024 12:29

Tertiary Minerals inks new joint venture deal for Zambian licences

(Alliance News) - Tertiary Minerals PLC on Monday said it has signed a new joint venture deal with Zambia-based Mwashia Resources Ltd that will consolidate ownership of the Jacks, Mukai and Mushima North exploration licences into a new Zambian company.

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12 Feb 2024 14:28

Tertiary Minerals completes £0.38m fundraising

(Sharecast News) - Tertiary Minerals announced the successful completion of a fundraising on Monday, raising £0.38m before expenses to be used for its exploration activities.

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12 Feb 2024 09:54

Tertiary Minerals raises GBP375,000 through share placing

(Alliance News) - Tertiary Minerals PLC on Monday said that it has raised GBP375,000 through a placing in order to fund exploration activities at its various global projects.

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7 Feb 2024 15:46

UK shareholder meetings calendar - next 7 days

Thursday 8 February 
Benchmark Holdings PLCAGM
Compass Group PLCAGM
easyJet PLCAGM
Hargreave Hale AIM VCT PLCAGM
Polar Capital Global Healthcare Trust PLCAGM
Friday 9 February 
Kibo Energy PLCEGM re pre-emption rights for share issues
Victrex PLCAGM
Monday 12 February 
Arix Bioscience PLCGM re takeover by RTW Biotech Opportunities Ltd
JPMorgan UK Smaller Companies Investment Trust PLCGM re merger with JPMorgan UK Smaller Companies
Mears Group PLCGM re authority to buy back up to 10% of shares
Tuesday 13 February 
Cellular Goods PLCAGM
Iconic Labs PLCAGM
JPMorgan Indian Investment Trust PLCAGM
Tui AGAGM including London Stock Exchange delisting vote
Xtract Resources PLCGM re sale of Manica gold project to MMP
Wednesday 14 February 
GCP Infrastructure Investments LtdAGM
Gfinity PLCGM re annual report
Tertiary Minerals PLCAGM
Tritax EuroBox PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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