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Vox Markets 11:28, 4th May 2021 Mkango Resources (MKA FOLLOW) said recent results from a flotation pilot plant programme have proven effective in scaling up a new, optimised flotation regime for the Songwe Hill Rare Earths Project ("Songwe") located in Malawi of which the Group holds a 51% interest in.  Mkango is developing the 51% owned Songwe Hill rare earths project in Malawi with the ongoing Feasibility Study funded through a £12m investment by partner, Talaxis Limited.  The flotation piloting programme demonstrated that the flotation process is robust and straightforward to scal...

5,360 1 TREO – total rare earth oxides The ongoing feasibility study envisages doubling the scale of the mining and processing operations at Songwe to one million tonnes per year of RoM feed to the mill. Due to the higher flotation concentrate grade, there would be 36% less tonnes of concentrate entering the hydrometallurgy plant, containing approximately double the quantity of rare earths, versus the pre-feasibility study. The results of the pilot programme, together with variability and other batch scale flotation test work, will be used to determine the flotation parameters over the life...

Market Report: Travel stocks take off as runway for summer holidays looks more promising FTSE 100  made a bright start as airlines and  other travel stocks got a lift from the holiday resumption talk over the weekend. London’s blue-chip index rose 38 to 7,008.   Pandora says it will no longer sell natural diamonds and instead will switch exclusively to synthetic lab-made diamonds. CEO The group, which is world’s biggest jeweller, said the move was part of a broader sustainability drive.   Warren Buffett has named his successor at Berkshire Hathaway Inc (NYSE:BRK.A) but the legendary i...

Proactive news headlines: Samarkand Group, Live Company, MGC Pharmaceuticals, Greatland Gold... A glance at some of the day's highlights from the Proactive Investors newswire Samarkand Group PLC (LON:SMK) said it has acquired Zita West Products Limited (ZWPL), a UK nutritional supplement brand for the fertility and pregnancy market, as well as a 51% stake in mother and baby nutritional product and probiotics maker Babawest Ltd for a total consideration of around £2.4mln. Live Company Group PLC (LON:LVCG) said it has acquired a 16.3% stake in Start Art Global Ltd, an online and digital art sa...

TRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal Tue, 4th May 2021 19:13 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Supreme PLC - maker of fast-moving consumer goods - Expects 30% revenue hike in year ended March 31 to GBP121 million from GBP92.3 million, in line with management expectations. Adjusted earnings before interest, tax, depreciation and amortisation tipped to rise 20% to GBP19 million from GBP16.2 million. "I am delighted to provide our first trading update ...