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.
Current stock price in London: 2.82 pence, up 2.6% on Thursday morning
12-month change: down 9.0%
Current stock price in Johannesburg: 73 rand cents
12-month change: down 26%
By Artwell Dlamini, Alliance News senior reporter South Africa
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