Mkango Resources Ltd (LON:MKA, TSX:MKA) is buying a stake in a company that has developed a technology to recycle rare earth magnets, which it hopes to employ at its Songwe Hill project in Malawi.
Iodine producer Iofina PLC (LON:IOF) notched up record half-year revenues in the first six months of 2019, with revenue up 29% to US$14.53mln and underlying earnings (EBITDA) soaring 172% to US$1.97mln.
Premier African Minerals Limited (LON:PREM) chairman Michael Foster has stepped down as the group edges closer to manganese miner MNH Holdings.
MTI Wireless Edge Ltd (LON:MWE) has won a US$1mln contract to supply military antennas to an unnamed European customer over the next 15 months.
Kosmos Energy Ltd (LON:KOS, NYSE:KOS) has revealed successful results from the Yakaar-2 appraisal well, offshore Senegal, which has confirmed “world class” gas resources.
Metal Tiger Plc (LON:MTR) chief executive Michael McNeilly has described himself “delighted” as 59.81% investee Kalahari Metals Limited (KML) landed approval for its environmental management plan for the Kitlanya projects in Botswana.
Union Jack Oil PLC (LON:UJO) executive chair David Bramhill highlighted “significant progress” across its three key projects – West Newton, Biscathorpe and Wressle – as the onshore oiler released its half yearly results.
Redx Pharma (LON:REDX) will deliver a poster presentation at the European Respiratory Society International Congress 2019 in Madrid, Spain on 28 September-2 October 2019. The poster relates to RXC006, the company’s potential treatment for the orphan disease, idiopathic pulmonary fibrosis (IPF), which is being prepared for clinical trials during the second half of next year.
Caledonia Mining Corp PLC (LON:CMCL, NYSEAMERICAN:CMCL, TSX:CAL) has appointed mining industry veteran Nick Clarke as an independent non-executive director with immediate effect.
Strategic Minerals PLC (LON:SML; USOTC:SMCDY) has made an arbitration claim for at least US$21mln plus damages against the main customer of the company’s Cobre magnetite operation in the USA.