An update from Kazera Global plc ( (GB:KZG) ) is now available.
Kazera Global plc has announced its unaudited interim results for the six months ended 31 December 2024, highlighting significant progress across its projects. The company has received necessary permits and authorizations for its Whale Head Minerals and Deep Blue Minerals projects, allowing the commencement of commercial production. Additionally, Kazera has strengthened its board and increased its stake in key projects, positioning itself for long-term growth. The company is also pursuing legal proceedings to recover outstanding payments related to its divestment of African Tantalum. With these developments, Kazera is poised to begin receiving operational cash flows and expand its operations, potentially benefiting the local community and enhancing shareholder value.
More about Kazera Global plc
Kazera Global plc is a global investment company focused on developing early-stage mineral exploration and development assets towards meaningful cash flow and production. Its principal investments include alluvial diamond mining through Deep Blue Minerals in South Africa, heavy mineral sands mining through Whale Head Minerals also in South Africa, and tantalite mining in South-East Namibia, which is currently in the process of divestment.
YTD Price Performance: -15.71%
Average Trading Volume: 3,442,811
Technical Sentiment Signal: Sell
Current Market Cap: £14.21M
Learn more about KZG stock on TipRanks’ Stock Analysis page.