Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.