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.
"It is encouraging to realise further high-grade laboratory confirmed results and at surface," Shuka Chief Executive Officer Richard Lloyd says. This week, Shuka reported that samples showed consistently high zinc and lead grades at surface at Kabwe.
Current stock price in Johannesburg: 78 rand cents, down 2.5% on Friday
12-month change: listed on JSE in May 2025
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12-month change: down 34%
By Artwell Dlamini, Alliance News senior reporter South Africa
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