Mkango Resources Ltd

Mkango's Will Dawes updates as Songwe Hill advances towards production decision

Will Dawes, chief executive of Mkango Resources Ltd’s (LON:MKA), caught up with Proactive London's Andrew Scott to discuss progress at its flagship Songwe Hill rare earth project in Malawi.

Commodities trader Talaxis has committed £12mln at the project level, with a view to supporting further exploration and to hitting certain development milestones.

That investment as it stands will net out at a 49% interest for Talaxis once the project is taken through the bankable feasibility stage.

Quick facts: Mkango Resources Ltd

Price: £0.06

Market: LSE
Market Cap: £8.51 m

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Lookahead to Proactive's One2One Forum - 20 June 2019

Thomas Coleman, Proactive’s Head of UK Events, outlines the details of this coming Thursday’s Proactive One2One Investor Forum. Companies presenting on the evening include Touchstone Exploration Inc (LON:TXP), Mkango Resources Ltd (LON:MKA), Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) and...

on 14/6/19

2 min read