Mkango Resources Ltd. is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending September 30, 2022. The reports will be available under the Company's profile on SEDAR and on the Company's website. For further information on Mkango, please contact: [...]
HyProMag GmbH has been awarded a €3.7 million grant for a new project to further develop the local knowledge base, infrastructure and recycled NdFeB production capacity to underpin its transition to commercial production in Germany Initial capacity will be a minimum of 100tpa NdFeB, comprising recycled rare earth sintered magnets, alloy [...]
Mkango Resources and CoTec Holdings are pleased to provide an update on the transaction announced on 30th May 2022. The parties are currently finalising documentation and, in order to accommodate delayed timelines, CoTec has agreed to advance a further £222,500 to Mkango by way of a convertible advance note and Mkango has agreed to extend the [...]
Mkango Resources Ltd. is pleased to announce that shareholders have approved all resolutions at the Annual General Meeting held in Toronto today. All business put forth at the Meeting was approved by shareholders of the Company, including: the election of Derek Linfield, William Dawes, Alexander Lemon, Stephen Motteram, Susan Muir and Shaun Treacy [...]
Mkango Resources Ltd. has granted a total of 350,000 stock options over 350,000 common shares of the Company to Mr Robert Sewell, Chief Financial Officer of the Company, in accordance with the Company's existing Option Plan. The Options have an exercise price of $0.185 CDN per common share, being the TSX-V close price of Mkango shares on 7 [...]
Mkango Resources Ltd. and CoTec Holdings Corp. are pleased to announce that, further to the announcements on 30 May and 21 June 2022, CoTec has agreed to advance a further £500,000 to Mkango by way of a convertible advance note and Mkango has agreed to extend CoTec's exclusivity period with respect to the proposed transaction, announced on 30 May [...]
Mkango Resources Ltd. is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending June 30, 2022. The reports will be available under the Company's profile on SEDAR and on the Company's website. For further information on Mkango, please contact: Mkango Resources Ltd. William [...]
Mkango Resources Ltd. is pleased to announce that it has filed a Technical Report in relation to the Definitive Feasibility Study for the Songwe Hill Rare Earths Project in Malawi previously announced on July 5, 2022. The press release in relation to the DFS is available to be downloaded from Mkango's website via the following link [...]
Mkango Resources is pleased to announce the results of the definitive feasibility study for the Songwe Hill Rare Earths Project. Highlights: US$559.0 million post-tax net present value, using a 10% nominal discount rate, with an internal rate of return of 31.5%, payback period of 2.5 years from full production and post-tax life-of-operations [...]
Mkango Resources is pleased to announce that Robert Sewell has joined the Company as CFO of the Company, subject to the approval of the TSX-V. The role will be a non-board position. Mr Sewell joins the Company from AfriTin Mining Limited where he was CFO during the construction and commissioning of its Uis tin mine in Namibia. He received a [...]
Mkango Resources and CoTec Holdings are pleased to announce that, further to the announcement on May 30th, 2022, binding legal documentation for the £500,000 unsecured convertible advance note has now been completed. Under the terms of the Advance, CoTec will transfer £500,000 to Mkango within 7 business days of conditional TSXV approval, which is [...]
Mkango Resources Ltd is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending March 31, 2022. The reports will be available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website