Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Power Metal Resources Notes Progress On Botswana Project

Tue, 18th Aug 2020 14:40

Power Metal Resources PLC - metals exploration and development company focused on North America, Australia and Africa - Announces that the environmental management plan for the Kalahari Key Mineral Exploration Pty Ltd Molopo Farms complex project in Botswana has been approved by the local government. The plan covers planned drilling operations and represented the last formal regulatory step prior to commencement of drilling. Power Metal has an 18% shareholding in Kalahari Key. Two Shields Investments PLC noted the progress and also has a 18% stake in Kalahari Key.

Current stock price: 1.24 pence

Year-to-date change: up over 100%; 0.38 pence on December 31, 2019.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Power Metal Resources PLC

Shares in this article

Related News

EARNINGS AND TRADING: Secure Trust finance chief to retire next year
2 Jun 2026

EARNINGS AND TRADING: Secure Trust finance chief to retire next year

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

Power Metal Resources reports total full-year profit of £3.2m
2 Jun 2026

Power Metal Resources reports total full-year profit of £3.2m

(Sharecast News) - Power Metal Resources reported a total comprehensive profit of £3.2m for 2025 on Tuesday, as the exploration investor said dis...

TRADING UPDATES: Redcentric launches tender offer as completes sales
1 May 2026

TRADING UPDATES: Redcentric launches tender offer as completes sales

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