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Thursday, May 17, 2018

Globe Metals & Mining Limited has exclusive prospecting licence for niobium in Malawi renewed

Globe Metals & Mining Limited has exclusive prospecting licence for niobium in Malawi renewed: "Globe Metals & Mining has exclusive prospecting licence for niobium in Malawi renewed
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15:37 17 May 2018
The company’s shares have jumped 23% on news of the renewal for a further two years.

The prospecting licence is next to the company’s mining lease application
Globe Metals & Mining Limited (ASX:GBE) shares jumped on news that an exclusive prospecting licence for the Kanyika Niobium Project in Malawi has been renewed.

The company is a leading ASX gainer today with shares up 23% to 1.6 cents.

Malawi’s Minister of Natural Resources, Energy and Mining has formally notified the company the EPL0421/15 has been renewed for a further two years from May 22, 2018."



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