Sovereign Metals Ltd is listed on the ASX and has obtained a secondary quotation on AIM ahead of a scoping study for the Kasiya rutile project that is promised in the next few days. The AIM quotation will provide a higher profile in Europe ahead of investment requirements to develop the Malawi-based project.
An updated mineral resource estimate is expected, and additional drilling could increase the figure in the coming years. Rutile prices have been increasing.
AIM-quoted Mkango Resources (LON: MKA) has a nearby licence in the Mchinji district. Mkango completed a drilling and soil-samp...
