Shuka Minerals PLC - Africa-focused mine operator and developer - Says Gathoni Muchai Investments Ltd expects to pay Shuka an initial USD350,000 in the coming days. The balance of the funds is to be paid to the company by Gathoni Muchai before the end of this month. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Says it is yet to receive loan funds from Gathoni Muchai Investments Ltd. A week ago, Gathoni Muchai had indicated that funds would be processed by Friday last week. Gathoni Muchai reports that administrative issues prevented the payments from proceeding last week, though it is confident of payments to Shuka this week. Read More
(Alliance News) - Stock prices in London opened higher on Monday, ahead of manufacturing purchasing managers' index data due shortly, at the start of a busy week which includes a Bank of England rate decision and a swathe of earnings reports. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Expects loan funds from Gathoni Muchai Investments Ltd to proceed this week after a delay. The loan to facilitate Shuka's acquisition of Leopard Exploration & Mining Ltd in Zambia was held up due to administrative and regulatory matters in Kenya. Early in July, Gathoni Muchai agreed to increase its loan to Shuka by GBP1.5 million to GBP2 million. This extension covered the balance of USD1.35 million or GBP1.0 million due to vendors of Leopard Exploration. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Says funding to facilitate its acquisition of Leopard Exploration & Mining Ltd in Zambia has run into further delay. But Shuka says Gathoni Muchai Investments Ltd has informed it that payment is now in process. Expects funds to be cleared into its bank account next week. Read More
(Alliance News) - Shuka Minerals PLC on Tuesday indicated it sought to shake up its board as it sharpened focus on mining and development in Africa. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Says funding to facilitate its acquisition of Leopard Exploration & Mining Ltd in Zambia has experienced a further slight delay. Shuka notes that Gathoni Muchai Investments Ltd is completing an alternate means to expedite payment. Shuka says Gathoni Muchai has informed it that the remittance of the funds has been delayed again. Gathoni Muchai had said early this month delay in remittance is due to administrative matters and required regulatory clearances in Kenya. Early in July, Gathoni Muchai agreed to increase its loan to Shuka by GBP1.5 million to GBP2 million. This extension covered the balance of USD1.35 million or GBP1.0 million due to vendors of Leopard Exploration. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Says funding to facilitate its acquisition of Leopard Exploration & Mining Ltd in Zambia has been delayed. Leopard Exploration is a Zambian mining and exploration company that owns the Kabwe zinc mine. Early in July, Gathoni Muchai Investments agreed to increase unsecured, interest-free and non-convertible loan to Shuka by GBP1.5 million to GBP2 million. This extension covered the balance of the cash consideration of USD1.35 million or GBP1.0 million due to vendors of Leopard Exploration. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Says Gathoni Muchai Investments agrees to increase unsecured, interest-free and non-convertible loan by GBP1.5 million to GBP2 million. This extension covers the balance of the cash consideration of USD1.35 million or GBP1.0 million due to vendors of Leopard Exploration & Mining Ltd, which is located in Zambia. The loan will also fund the initial exploration work at the Kabwe Mine, as well satisfy general working capital requirements. Says all conditions for the Leopard Exploration acquisition have now been satisfied. Repayment will start by June 30, 2026, it says. Read More
(Alliance News) - Shuka Minerals PLC said on Monday it has secured an extra loan to fund its acquisition of Leopard Exploration & Mining Ltd after its annual loss deteriorated. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Shuka Minerals PLC said on Thursday it expects to wrap up its takeover of Leopard Exploration & Mining Ltd this month after clearing all conditions. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday, amid hopes that a potential meeting between Donald Trump and Xi Jinping his week can reduce trade policy tensions. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Receives interim unconditional authorisation from the Competition & Consumer Protection Commission in Zambia to acquire Leopard Exploration & Mining Ltd. Leopard Exploration is a Zambian mining and exploration company that owns the Kabwe zinc mine. Read More
(Alliance News) - Shuka Minerals PLC said on Thursday it plans to restart its Rukwa coal mine in Tanzania, noting that the capital expenditure required to restore production there is "modest". Read More
(Alliance News) - Shuka Minerals PLC reported on Wednesday it will debut on the Johannesburg Stock Exchange on May 22, as it seeks to broaden its potential investor pool. 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
(Alliance News) - Stock prices in London closed decidedly lower on Friday, as investors continued to digest US President Donald Trump's new tariffs and were newly rattled after China responded in kind. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More