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Mkango Resources Ltd

Mkango reports 'excellent first set of results' from drilling at Songwe Hill

Will Dawes, chief executive of Mkango Resources Ltd (LON:MKA), tells Proactive's Andrew Scott they've hit high grade rare earths across significant widths at the Songwe Hill project in Malawi.

Among the highlights from the first eight holes were 147.2 metres grading 1.6% total rare earth oxides (TREO) and 91 metres grading 1.5% TREO.

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Price: £0.07

Market: LSE
Market Cap: £9.44 m
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Rare Earths at the fore as US/China trade spat intensifies

Mining Capital's Alastair Ford talks Rare Earths this week after China threatened to halt supplies due to the trade war with the US. China accounts for between 70% and 80% of global supply and is a key price setter.

on 10/6/19

2 min read