Red Rock Resources plc has been granted a second gold licence, for an initial four years, in Côte d’Ivoire. YAMOUSSOUKRO Covering 380.94km2 in the departments of Yamoussoukro and others, the licence is one of · the company’s four applications totalling 1,404.86km2 south of the capital Yamoussoukro. The project lies 245km north of Abidjan, 10km northwest of […]
Tag: Red Rock Resources plc
Red Rock raises £500,000 via placing
Red Rock Resources plc has raised £500,000 by placing 666,666,667 new ordinary shares each at 0.075 pence. DRC ARBITRATION Proceeds will be used for the company’s lithium production and export operations in Zimbabwe, gold studies and development in Burkina Faso, accounting and audit costs, and working capital. Following the issue of the placing shares, Red […]
Red Rock receives £110,000 from high net worth investor
Red Rock Resources plc received £110,000 via a subscription of 100,000,000 ordinary shares at £0.0011 per share by a high net worth investor. COSTS The company said that the investor had provided personnel to help bring its lithium assets in Zimbabwe and gold assets in Burkina Faso into production and establish an export pipeline for […]
Red Rock granted second gold licence in Côte d’Ivoire
Red Rock Resources plc has been granted a second gold licence, covering 380.94km2, in Côte d’Ivoire. INTEREST The initial four-year licence, awarded to the company’s subsidiary LacGold Resources SARLU, is in the departments of Yamoussoukro and others. Red Rock’s granted licences now total 725.44km2 with three more applications pending for licences in the north of […]
Red Rock to export 200 tons lithium ore from Zimbabwe
Red Rock Resources plc said it had prepared 200 tons of lithium ore for export from its operations in Zimbabwe. BUSINESS GROWTH The first truck has left Harare for the port of Beira in Mozambique destined for a buyer and destination unnamed by the company. “We are now beginning to export lithium ore from Zimbabwe and […]
Red Rock to maximise short-term value of Zimbabwe lithium
Red Rock Resources plc aims to maximise the short term value of its lithium assets in Zimbabwe to benefit from the metal’s current high demand. OPERATIONS The company’s licences, near Bikita and Arcturus, are under discussion with several potential off-take partners and include possible sales to China. Chief executive officer Andrew Bell, currently in the […]