Date: Thursday 05 Dec 2013
LONDON (ShareCast) - Tanzania-focused Kibo Mining has re-taken full ownership of a nickel project after its joint venture partner scheme pulled out.
Kibo, which has gold, nickel, coal and uranium projects, said it had moved back to having a 100% stake in the Haneti nickel-PGM project after Votorantim Metaís Participações, which was funding exploration work, opted out.
Votorantim's decision followed a strategic review of its Southern Africa exploration operations.
Kibo's Chief Executive Louis Coetzee said he expected to be able to report the laboratory results of exploration work at Haneti before the end of the year.
"We look forward to advancing the project from here on," he said. Shares closed 0.12p down at 4.88p in London.
PW
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 0.015p |
Change Today | 0.002p |
% Change | -9.09 % |
52 Week High | 0.063 |
52 Week Low | 0.014 |
Volume | 16,779,979 |
Shares Issued | 4,360.95m |
Market Cap | £0.65m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
Time | Volume / Share Price |
09:24 | 13,589,160 @ 0.014p |
08:48 | 3,190,819 @ 0.014p |
You are here: research