(Alliance News) - Mkango Resources Ltd on Tuesday said HyProMag Ltd, which its 90%-owned subsidiary Maginito Ltd fully owns, is participating in a GBP1.5 million project called Re-RE Wind, which aims to establish the UK's first circular supply chain for rare earth magnets used in wind turbines. Read More
Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Pretax loss in the six months to June 30 narrows to USD1.6 million from USD4.2 million a year prior. The company does not generate revenue. Meanwhile, Mkango issues 280,678 shares to Bacchus Capital Advisors Ltd for CAD0.1650 each, based on the closing price of Mkango shares as at June 30 and a USD to CAD exchange rate of USD1 to CAD1.3232 that day. The shares are for strategic and financial advisory services that Bacchus provided to Mkango in the second financial quarter to June 30. Read More
(Alliance News) - Mkango Resources Ltd on Thursday said that Maginito Ltd has successfully increased its ownership in HyProMag Ltd to 100% for a cash and share consideration. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Chief Executive Officer William Dawes buys 800,000 shares at an average price of 12.85 pence each, worth GBP102,800, in London on Monday. Dawes is now interested in 9.5 million shares, a 4.4% stake. This includes 975,238 shares in his own name and 8.5 million shares controlled through Leo Mining & Exploration Ltd. Dawes is a director of Leo Mining and owns 17.3% of the issued and outstanding shares. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Mkango Resources Ltd on Monday said it has raised GBP3.5 million through a placing and subscription of 28.0 million new shares at a price of 12.5 pence each. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Mkango Resources Ltd on Thursday said it received approval for its flagship Songwe Hill rare earths project in Malawi. Read More
Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Says CoTec Holdings Corp has agreed a further GBP325,000 investment through a convertible advance note. It has also extended exclusivity until January 31, 2023. In July, CoTec had provided Mkango with a GBP500,000 initial advance, and a further GBP500,000 advance was agreed in September. Read More
(Alliance News) - Mkango Resources Ltd on Wednesday said its subsidiary HyProMag GmbH has received a EUR3.7 million grant to fund Germany's first rare earth magnets recycling plant. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Says CoTec Holdings Corp has agreed a further GBP500,000 investment through a convertible advance note. The advance is to be completed by Thursday next week. CoTec had in June provided Mkango with a GBP500,000 initial advance. Mkango also has agreed to extend CoTec's exclusivity period to November 30. CoTec may extend exclusivity to the end of December, by completing a GBP2 million convertible note to Mkango by October 15. The value of the two advances will be off-set against the convertible note. Read More
(Alliance News) - AfriTin Mining Ltd on Thursday said it has appointed Hiten Ooka as its new chief financial officer. Read More
Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Announces the results of its definitive feasibility study at the Songwe Hill rare earths project in Malawi. Notes a post-tax net present value of USD559.0 million, using a 10% discount rate, with an internal rate of return of 32%. Expects long operating life of 18 years, with mining assumed to commence in February 2025. In the first five years of production, company expects to average 5,954 tonnes per year total rare earth oxides. Initial capital expenditure anticipated at USD277 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More