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Shuka Minerals PLC (SKA) Share News

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IN BRIEF: Shuka Minerals assigns portion of Gathoni loan to investors

1st Sep 2026 15:41

Shuka Minerals PLC - Africa-focused mine operator and developer - Agrees to an assignment by Gathoni Muchai Investments Ltd of a portion of the Gathoni convertible loan to four South African strategic investors. The assignment of about GBP800,000 gross of the loan will enable new investors under the original terms of the loan to convert for up to 20.0 million new shares at 4 pence apiece. Investors intend to convert the loan shortly after the assignment, it says. Read More

IN BRIEF: Shuka Minerals strikes new ore body after final Kabwe test

26th Aug 2026 11:27

Shuka Minerals PLC - Africa-focused mine operator and developer - Identifies the new ore body after completing eleventh and final drill hole in the newly identified area south of the unmined 'speaks' and 'mine club' zones at the Kabwe zinc mine in Zambia. "Again we have extremely high grade, from surface mineralisation," Shuka Chief Executive Officer Richard Lloyd says. Adds 70% Zinc in situ grades are among the highest grades recorded worldwide at any orebody. Read More

IN BRIEF: Shuka Minerals test adds to encouraging and valuable insight

18th Aug 2026 08:02

Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the tenth drill hole KBDD10 in the newly identified area south of the unmined 'speaks' and 'mine club' zones at the Kabwe zinc mine in Zambia. KBDD10 represents the second of three exploratory drill holes, targeting this new ore body. Shuka conducted the drilling in late May. Says exploration holes continue to provide "encouraging and valuable" new insight into the broader Kabwe orebody, suggesting it is also materially larger than was first modelled, Shuka Chief Executive Officer Richard Lloyd says. Says copper grades are detected, confirming the historically reported copper mineralisation. Read More

IN BRIEF: Shuka Minerals confident of copper orebody after ninth test

13th Aug 2026 08:38

Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the ninth drill hole slightly to the south of the previously unmined 'speaks' and 'mine club' zones at the Kabwe zinc mine in Zambia. "To have zinc, lead, copper and vanadium mineralisation existing in the same intervals suggest much richer mineral bearing fluids and perhaps a zonal nature of the wider orebody," Shuka Chief Executive Officer Richard Lloyd says. "These steep exploration holes continue to give us confidence in the continuity of the Kabwe orebody." The company says it hopes to hit a lot more high-grade zinc mineralisation, as well as copper. Read More

IN BRIEF: Shuka Minerals raises GBP750,000 via share subscription

22nd Jul 2026 08:41

Shuka Minerals PLC - Africa-focused mine operator and developer - Conditionally raises GBP750,000 from a subscription for 18.75 million new shares at 4 pence each by Zambian-based investment company Menel Energy & Resources Ltd. The first tranche of GBP375,000 has been received, Shuka says, and the second one is expected by August 31. Shuka intends to grant Menel warrants to subscribe for up to a further 18.75 million new shares at an exercise price of 8p. Read More

IN BRIEF: Shuka Minerals says copper orebody expands after eighth test

14th Jul 2026 08:06

Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the eighth drill hole in the previously unmined "speaks" and "mine club" zones at the Kabwe zinc mine in Zambia. "It is encouraging to see the orebody thicken and show its copper mineralisation as we head into the more central area of Speaks/Mine Club," Shuka Chief Executive Officer Richard Lloyd says, adding: "These exploration holes are giving us confidence in north-south continuity along the entire orebody." Shuka began its phase-one drilling programme in May. Read More

IN BRIEF: Shuka Minerals completes fifth study at Kabwe mine

1st Jul 2026 12:00

Shuka Minerals PLC - Africa-focused mine operator and developer - Finishes the fifth drill hole at the number-two ore body at the Kabwe zinc mine in Zambia. Says it has started a sixth hole to intersect a different, previously unexploited orebody in the "Speaks" about one kilometre from the Pit 2 area where it has been focusing its studies to date. Read More

Shuka Minerals eyes Rukwa mine restart and Kabwe mine development

30th Jun 2026 11:59

(Alliance News) - Shuka Minerals PLC said on Tuesday it was focused on restarting Rukwa coal mine in Tanzania and the development of newly acquired Kabwe zinc mine in Zambia. Read More

IN BRIEF: Shuka Minerals fourth study confirms high grades at Kabwe

18th Jun 2026 11:34

Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the fourth drill hole at the number-two ore body at the Kabwe zinc mine in Zambia. Says it has started a fifth deep hole. The first test took place late last month. "Despite terminating the hole slightly shallower than expected, given the intersection with historical mine workings, I am delighted to report yet another positive drill result with excellent grades," Shuka Chief Executive Officer Richard Lloyd says. "The holes of our ongoing campaign continue to deliver some amazing [zinc] grades, with every hole and intersection we are learning more and more about the orebody," Lloyd adds. Read More

IN BRIEF: Shuka Minerals hits another high-grade zone at Kabwe mine

10th Jun 2026 07:49

Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the third drill hole at the No. 2 ore body at the Kabwe zinc mine in Zambia. Says latest Kabwe drilling hits another high-grade zone. Shuka finished second drilling on Wednesday last week, and the first test took place late last month. Read More

IN BRIEF: Shuka Minerals raises GBP150,000, completes second drilling

3rd Jun 2026 11:06

Shuka Minerals PLC - Africa-focused mine operator and developer - Raises GBP150,000 through a subscription for 3.75 million new shares at 4 pence each. Notes that the subscription comes after it was approached by a mining investor. The subscription is on the same terms as the placing announced in January. The new shares come with 3.75 million warrants, exercisable at 8 pence per new share. Also issues 225,000 new shares at 4p apiece to settle fees due to Marc Nally, its consultant. Read More

IN BRIEF: Shuka Minerals says first test results at Kabwe mine spot on

21st May 2026 11:57

Shuka Minerals PLC - Africa-focused mine operator and developer - Says its first drill hole at the Kabwe zinc mine in Zambia notes "high grade" results. First drill hole exceeds pre-drill expectations and second drill hole now underway, it says. The initial diamond drill hole was planned at 65 degrees at a bearing of 130 degrees and was planned to intersect the ore body below the current workings at a depth of about 220 metres to 230 metres. "With this planning and the skill of the Ox Drilling operators, we hit the target spot on and the results are well beyond our expectations," Shuka Chief Executive Officer Richard Lloyd says. Ox Drilling Ltd is the drilling contractor. Read More

IN BRIEF: Shuka Minerals starts exploration drilling at Kabwe mine

14th May 2026 11:47

Shuka Minerals PLC - Africa-focused mine operator and developer - Says it has started the phase one drilling programme at the Kabwe zinc mine. The company aims to increase the existing resource by 50%, subject to the results of this drilling programme. Late last month, Shuka said it had appointed a drilling contractor Ox Drilling Ltd. The drilling comes after Shuka in January completed its acquisition of Leopard Exploration & Mining Ltd, which owns and operates Kabwe zinc mine. Read More

Shuka Minerals to commence exploration drilling at Kabwe project

29th Apr 2026 09:46

(Alliance News) - Shuka Minerals PLC on Wednesday said it has appointed a drilling contractor, as it looks to commence exploration drilling at the Kabwe zinc mine in Zambia. Read More

WINNERS & LOSERS: Quantum Data Energy falls; Light Science loss widens

24th Apr 2026 11:21

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More

IN BRIEF: Shuka Minerals chair and two other board members resign

13th Apr 2026 08:14

Shuka Minerals PLC - Africa-focused mine operator and developer - Says Chair Quinton van der Burgh and Non-Executive Director Marcel Nally have stepped down from the board, with immediate effect. Their departure from the board comes after conclusion of an annual general meeting held on Modnay. Says Nally will remain as a technical consultant to the company. Edward Ruheni did not stand for re-election at the AGM. Richard Hawken and Margaret Mudenda joined the board as non-executive directors last month. Read More

TRADING UPDATES: Cordiant Digital looks towards FTSE 250 listing

10th Apr 2026 19:42

(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

IN BRIEF: Richard Hawken, Margaret Mudenda join Shuka Minerals board

17th Mar 2026 10:21

Shuka Minerals PLC - Africa-focused mine operator and developer - Hires Richard Hawken and Margaret Mudenda as a non-executive directors, with immediate effect. Hawken has worked with UK and European-headquartered commodity trading groups, London Stock Exchange-listed mining companies and private mining businesses, Shuka says. Mudenda is a partner at Chalwe & Kabalata Legal Practitioners and previously served as director general of the Zambia Information & Communications Authority. She is chair of Sanlam Life Insurance Zambia Ltd. Read More

IN BRIEF: Shuka Minerals' Zambia study confirms high-grade zinc, lead

27th Feb 2026 10:18

Shuka Minerals PLC - Africa-focused mine operator and developer - Says laboratory results continue to demonstrate consistently high zinc and lead grades at the surface at its newly acquired Kabwe zinc mine in Zambia. Shuka last month bought Leopard Exploration & Mining Ltd, which now owns and operates Kabwe zinc mine. Notes that it has received the assay results for certain samples from the Kabwe mine, which had previously exceeded the upper detection limits of the initial testing. Read More

IN BRIEF: Shuka Minerals reports high-grade zinc, lead at Kabwe mine

25th Feb 2026 15:23

Shuka Minerals PLC - Africa-focused mine operator and developer - Reports that samples show consistently high zinc and lead grades at surface at its newly acquired Kabwe zinc mine in Zambia. Shuka last month acquired Leopard Exploration & Mining Ltd, which now owns and operates Kabwe zinc mine. Read More

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