Red Rock Resources Advances in DRC Arbitration Settlement

Red Rock Resources ( (GB:RRR) ) has provided an update.

Red Rock Resources Plc has provided an update regarding its ongoing arbitration in the Democratic Republic of the Congo (DRC). A meeting on January 22, 2025, in Kinshasa, marked significant progress towards a settlement after 29 months of limited advancement. The arbitrator has instructed the parties to exchange necessary documents and attempt to reach a consensus before the arbitration is finalized. This development is seen as a positive step towards resolving the protracted legal matter, potentially impacting the company’s operations and stakeholder confidence positively.

More about Red Rock Resources

Red Rock Resources Plc is a natural resource exploration and development company focused on gold, base metals, battery metals, and hydrocarbons, with primary operations in Africa and Australia.

YTD Price Performance: 25.00%

Average Trading Volume: 57,199,646

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.84M

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