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Kodal Minerals PLC (LON:KOD) has begun compiling documents as it prepares to lodge an application for a mining licence at the Bougouni Lithium project in Mali in mid-January.

READ: Kodal making great strides at the Bougouni Lithium Project

The mineral exploration firm said it has completed underlying engineering and appraisal work to support the application and that technical reports and documents were currently being translated into French for final review and approval before submission to the government of Mali.

The shares were 5% higher at 0.04p in mid-afternoon trading on Monday.

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