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Keras Resources ( (GB:KRS) ) just unveiled an announcement.
Keras Resources plc has announced a significant milestone in its operations at the Nayéga manganese mine in Togo, with the commencement of mining activities and the first payment received under a cooperation agreement with the Republic of Togo. The mine is currently processing ore at an initial rate of 4,000 tonnes per month, expected to increase to 8,000 tonnes per month. This development is expected to bolster cash flows and support the company’s US operations, enhancing its industry positioning and providing positive implications for stakeholders.
More about Keras Resources
Keras Resources plc is a mining company listed on AIM, primarily engaged in the production of organic phosphate products through its wholly-owned Diamond Creek mine in Utah, US. The company focuses on expanding its market share in the US organic fertilizer market, aiming to establish Diamond Creek as the leading organic phosphate producer in the country.
Average Trading Volume: 118,206
Technical Sentiment Signal: Sell
Current Market Cap: £2.2M
See more data about KRS stock on TipRanks’ Stock Analysis page.