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.
Current stock price in Johannesburg: 75 rand cents
12-month change: down 57%
Current stock price in London: 3.45 pence, up 1.5% on Thursday
12-month change: down 43%
By Artwell Dlamini, Alliance News senior reporter South Africa
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