Sell:5.50pBuy:6.50pNo change
Shuka Minerals plc is a mining and development company engaged in exploring Africa's mineral resources. The Company’s focus lies on the acquisition and development of minerals. It has an operating coal mine in Tanzania, whose capacity is under consideration for upgrading. It is also considering projects in Zambia, South Africa, and other African countries that are rich in copper, lead, and zinc. It has an agreement to acquire Leopard Exploration and Mining Limited, which is the holder of a large-scale mining license 12848-HQ-LML, which includes the Kabwe Zinc Mine (Kabwe Mine) located in central Zambia, approximately 110 kilometers (km) north of the capital city of Lusaka. Its Rukwa Project is located within the Rukwa Basin, southwest Tanzania, within a northwest southeast trending corridor which extends south into Zambia and Malawi. The Company has a mining license granted over Mkomolo.
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