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Mkango Resources Ltd

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Market:
LSE
Market Cap:
£9.44 m
Price
7.10 GBX
Change
-4.70%
52 weeks high
11.50
52 weeks low
6.00

In brief

Mkango Resources Ltd. (TSX-V / AIM: MKA) is a Canadian dual TSX-V and AIM listed mineral exploration and development company focused on rare earth elements (REE) and associated minerals in the Republic of Malawi, a country whose hospitable people have earned it a reputation as "the warm heart of Africa". It holds through its wholly owned subsidiary Lancaster Exploration Limited a 100% interest in two exclusive prospecting licenses in southern Malawi. The Corporation's corporate strategy is to further develop the Songwe Hill rare earth deposit and secure additional rare earth element and other mineral opportunities.

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Snapshot

An investment at the project level from major commodities trader Talaxis is helping it along.