Mkango's Will Dawes updates as Songwe Hill advances towards production decision

Mkango's Will Dawes updates as Songwe Hill advances towards production decision: Mkango's Will Dawes updates as Songwe Hill advances towards production decision
Share
09:40 08 May 2019
Will Dawes, chief executive of Mkango Resources Ltd’s (LON:MKA), caught up with Proactive London's Andrew Scott to discuss progress at its flagship Songwe Hill rare earth project in Malawi.

Commodities trader Talaxis has committed �12mln at the project level, with a view to supporting further exploration and to hitting certain development milestones.

That investment as it stands will net out at a 49% interest for Talaxis once the project is taken through the bankable feasibility stage.