Tertiary Minerals (TYM)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.063p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.18p
  • 52 Week Low: 0.060p
  • Currency: UK Pounds
  • Shares Issued: 2,574.84m
  • Volume: 13,258,340
  • Market Cap: £1.61m
  • RiskGrade: 594

Tertiary Minerals' Zambia partner gets approval for Mushima North

By Josh White

Date: Monday 16 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Tertiary Minerals announced on Monday that its local partner and licence holder Mwashia Resources had now received approval of its environmental project brief (EPB) from the Zambia Environmental Management Agency (ZEMA) for the Mushima North Copper Projects.
The AIM-traded firm said it is earning up to a 90% interest in the project.

It said Mushima North, together with the Mukai Project in Zambia, benefitted from a data sharing and technical agreement with global copper producer First Quantum Minerals as announced in September.

The company noted that the latest approval followed the approval of EPBs for the Konkola West and Lubuila projects in November, while the approval process for the EPB for the Mukai Copper Project - the final outstanding EPB - was set to be at an "advanced" stage.

Its board described EPB approval as a "key approval" required before field exploration programmes could proceed.

"I am delighted to report that we have received EPB approval for the Mushima North Copper Project where we are currently working through the shared FQM data in preparation for the coming field exploration season," said executive chairman Patrick Cheetham.

"On a recent visit to Zambia in December, our exploration manager recovered sulphide mineralised drill core from a drill hole completed in the 1960's at Mushima North which reportedly tested an extensive copper-in-soil anomaly and intersected wide zones of low-grade copper mineralisation.

"We will be assaying this core shortly to validate this early target."

At 1605 GMT, shares in Tertiary Minerals were up 9.68% at 0.17p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TYM Market Data

Currency UK Pounds
Share Price 0.063p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.18p
52 Week Low 0.060p
Volume 13,258,340
Shares Issued 2,574.84m
Market Cap £1.61m
RiskGrade 594

TYM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.19% below the market average26.19% below the market average26.19% below the market average26.19% below the market average26.19% below the market average
17.56% below the sector average17.56% below the sector average17.56% below the sector average17.56% below the sector average17.56% below the sector average
Price Trend
83.31% below the market average83.31% below the market average83.31% below the market average83.31% below the market average83.31% below the market average
66.43% below the sector average66.43% below the sector average66.43% below the sector average66.43% below the sector average66.43% below the sector average
Income Not Available
Growth
33.52% below the market average33.52% below the market average33.52% below the market average33.52% below the market average33.52% below the market average
21.88% below the sector average21.88% below the sector average21.88% below the sector average21.88% below the sector average21.88% below the sector average

TYM Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:19 1,010 @ 0.060p
15:49 1,658,197 @ 0.061p
15:32 3,500,000 @ 0.063p
15:02 750,000 @ 0.061p
14:38 717,360 @ 0.061p

Top of Page