tiprankstipranks
Trending News
More News >

Shuka Minerals Appoints GeoQuest for Kabwe Mine Exploration

Story Highlights
Shuka Minerals Appoints GeoQuest for Kabwe Mine Exploration

Confident Investing Starts Here:

Edenville Energy ( (GB:SKA) ) has shared an update.

Shuka Minerals plc has appointed GeoQuest Limited as its independent geological consultant to begin exploration activities at the Kabwe Zinc Mine in Zambia. This move is part of Shuka’s strategy to advance the Kabwe project, a historically significant mine, to unlock its full potential. The initial phase of work includes reviewing historical drilling data, conducting geophysical surveys, and analyzing assay results from recent samples. The Kabwe Mine, once a top-grade zinc and lead operation, holds national economic importance for Zambia, and Shuka’s efforts could significantly impact the local mining industry.

More about Edenville Energy

Shuka Minerals plc is a dynamic and innovative mining and development company focused on exploring and harnessing Africa’s mineral resources. The company is committed to the acquisition and development of valuable minerals, aiming to contribute to the sustainable growth and development of local communities. Shuka operates a coal mine in Tanzania and is in the process of acquiring the Kabwe Mine in Zambia.

YTD Price Performance: -28.57%

Average Trading Volume: 57,040

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.61M

For detailed information about SKA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App