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Shuka Minerals PLC - Africa-focused mine operator and developer - Reports that samples show consistently high zinc and lead grades at surface at its newly acquired Kabwe zinc mine in Zambia. Shuka last month acquired Leopard Exploration & Mining Ltd, which now owns and operates Kabwe zinc mine. ‘Whilst we are planning for deeper drilling, the Shuka team has realised there is significant material remaining at surface and we will be able to use this material to analyse the metallurgical characteristics of the ore body, which will assist us in consideration of plant designs whilst also advancing our resource statements,’ Shuka Chief Executive Officer Richard Lloyd says. ‘The planned exploration programme is now underway following our capital raise and completion of the Kabwe acquisition earlier this quarter,’ Lloyd adds. Current stock price in Johannesburg: 80 rand cents 12-month change: listed on JSE in May 2025 Current stock price in London: 3.20 pence, up 1.6% on Wednesday 12-month change: down 33% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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