Keras Resources Advances Nayéga Manganese Mine Operations in Togo

Keras Resources ( (GB:KRS) ) has provided an update.

Keras Resources plc announced that its mining and logistics contractor, Carrieres Mines Travaux Publics SA, has completed the dry commissioning of the Nayéga manganese mine processing plant in Togo. Mining activities are set to commence by the end of June 2025, with initial ore processing expected to start in July at a rate of 4,000 tonnes per month, increasing to 8,000 tonnes thereafter. The company has a Cooperation Agreement with the Togolese state, entitling it to advisory and brokerage fees based on the mine’s revenue, which will support its US operations. This development is anticipated to enhance Keras’s cash flow and strengthen its operational capabilities.

More about Keras Resources

Keras Resources plc is a mining company listed on the AIM market, primarily involved in the production and sale of organic phosphate products through its wholly-owned Diamond Creek mine in Utah, USA. The company is focused on expanding its market share in the US organic fertilizer market through traditional milled dry rock products and a joint venture with Phosul LLC, aiming to establish Falcon Isle Resources as a leading organic phosphate producer in the US.

Average Trading Volume: 228,115

Technical Sentiment Signal: Sell

Current Market Cap: £1.29M

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