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Mkango Resources is 'incredibly excited' to discover new rutile and ilmenite in Malawi

Mkango Resources Ltd's (LON:MKA) (CVE:MKA) Alex Lemon talks to Proactive London about their operations in Malawi and their latest set of results.

Lemon explains how the findings show significant signs of titanium dioxide mineralisation in a soil sampling and auger drilling programme at its 869 square kilometre Mchinji licence in Malawi. He is now looking forward to completing the feasibility study. 

The company has been working in Malawi for over twelve years and enjoys a 'very strong relationship with the current government, working hand in hand to bring its exploration projects into production, generating income and economic benefit to the country, it's people and Mkango resources'.

Quick facts: Mkango Resources Ltd

Price: 13.75 GBX

LSE:MKA
Market: LSE
Market Cap: £18.29 m
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Mkango Resources invests in rare earth magnets recycler

Mkango Resources Ltd's (LON:MKA, CVE:MKA) Will Dawes talks Proactive London through the news they're to buy a stake in a company that's developed a technology to recycle rare earth magnets. Mkango's taking a 25% stake for £300,000 and will provide a £200,000 convertible loan for HyProMag -...

on 23/9/19

2 min read