Finance Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Company Moves Metals & Minerals News

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 […]

Equipment & Logistics Metals & Minerals News

Red Rock sends lithium oxide samples to potential overseas buyers

Red Rock Resources plc has sent high grade lithium oxide sampling results from its Zimbabwe project to potential overseas buyers for review. POTENTIAL Last month the company reported it had opened talks on possible sales to agents in China. Three samples each approximately 2kg from the pegmatite at the first permitted area were first sent […]

Metals & Minerals News

Red Rock issues 26m shares for £52,500 CLNs

Red Rock Resources plc issued 26,000,000 ordinary shares each at a price of £0.0020196 after receiving notice to convert £52,509.60 of convertible loan notes, including interest. The company has also issued 50 million warrants exercisable into new ordinary shares for two years at 0.2p to an unsecured lender, subject to approval at the next general […]