Premier African Minerals CEO says new strategy and new assets have completely transformed #PREM Watch Now

Less Ads, More Data, More Tools Register for FREE
Premier African Minerals CEO says new strategy and new assets have completely transformed #PREM
Premier African Minerals CEO says new strategy and new assets have completely transformed #PREMView Video

Keras Resources upbeat after recent meetings in Togo

Tue, 24th Nov 2020 16:23

(Sharecast News) - Mineral resource company Keras Resources updated the market on progress at the Nayéga Manganese Mine in Northern Togo on Tuesday, which is wholly owned by its 85%-owned subsidiary Société Générale de Mines (SGM).
The AIM-traded firm said its chief executive officer Russell Lamming had recently returned from Lomé, Togo, where he had meetings with key government officials.

They included Mila Aziablé, the minister of mines and energy, and Kayi Mivedor, the minister of the newly-formed Ministry of Investment Promotion, which was focused on "encouraging and enhancing" investment in Togo.

Follow-up meetings were also held with the state-owned Togo Invest Corporation, which was assisting in the permitting process at Nayéga.

"Constructive meetings were undertaken with both the Ministry of Mines and Energy and the Ministry of Investment Promotion during my recent trip to Togo," said Russell Lamming, adding that he expected to get feedback in the near-term on what the pathway to final permitting at Nayéga would comprise.

"I am particularly encouraged with Togo Invest's endorsement of Keras' investment in the country, which marks the start of a constructive collaboration, in tandem with the creation of a Ministry of Investment Promotion by the new Togo Government; both are positive steps for the Nayéga Mine and Keras's further investment.

"I look forward to updating shareholders once we have further information related to permitting at Nayéga."

At 1604 GMT, shares in Keras Resources were down 8.26% at 0.12p.

Related Shares

More News

UK TRADING UPDATE SUMMARY: Schroder Funds Watch US Ban On China Deals

UK TRADING UPDATE SUMMARY: Schroder Funds Watch US Ban On China Deals

11 Jan 21 19:41

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

11 Jan 21 16:06

UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project

UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project

18 Dec 20 22:17

UK TRADING UPDATE SUMMARY: Gore Street Energy Energises Drumkee

UK TRADING UPDATE SUMMARY: Gore Street Energy Energises Drumkee

24 Nov 20 21:30

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.