19th Jan 2024 06:50
Marula Mining PLC - battery metals mine developer with projects in South Africa, Tanzania and Zambia - Nyorinyori and NyoriGreen graphite projects in Tanzania, east Africa, are granted seven new mining licenses. Takela Mining Tanzania Ltd and NyoriGreen Mining Ltd had applied for the licenses last month. They run for seven years, and Marula has a 75% commercial interest. Marula pays TMT and NML USD25,000 per license from the issue of 1.1 million new Marula shares in total at a price of 13.5 pence. Read More