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    <title>Shuka Minerals Plc — News on 6ix</title>
    <link>https://6ix.com/company/shuka-minerals-plc</link>
    <description>Latest news and press releases for Shuka Minerals Plc on 6ix.</description>
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    <lastBuildDate>Fri, 10 Apr 2026 17:21:00 GMT</lastBuildDate>
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      <title>Result of AGM and Directorate Changes</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/result-of-agm-and-directorate-changes-5</link>
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      <pubDate>Fri, 10 Apr 2026 17:21:00 GMT</pubDate>
      <description>Shuka Minerals Plc announced that all resolutions were passed at its Annual General Meeting, with Marcel Nally and Quinton van der Burgh stepping down from the Board, while Edward Ruheni did not seek re-election. The company has completed the acquisition of Leopard Exploration and Mining Limited, which holds a significant mining license for the historical Kabwe Mine in Zambia, and plans a three-phase exploration and development program to recommence mining operations. Shuka Minerals is also expl</description>
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      <title>Directorate Changes &amp; Notice of AGM</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/directorate-changes-and-notice-of-agm</link>
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      <pubDate>Tue, 17 Mar 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has announced two new Non-executive Directors, Richard John Hawken and Margaret Mudenda, with immediate effect, bringing extensive experience in commodity trading and Zambian legal and regulatory affairs respectively. These appointments coincide with the company&apos;s notice of its Annual General Meeting, scheduled for April 10, 2026. The company also highlighted the recent completion of the Kabwe acquisition and its ongoing exploration and development programs, aiming to unlock s</description>
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      <title>Laboratory Results of Field Samples at Kabwe Mine</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/laboratory-results-of-field-samples-at-kabwe-mine</link>
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      <pubDate>Fri, 27 Feb 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has announced updated laboratory results from the Kabwe Zinc Mine, confirming consistently high zinc and lead grades at surface, with zinc reaching up to 42.89% and lead up to 6.10%. These findings support previous analyses and indicate the presence of substantial high-grade material, comparing favourably to historical mining averages. The company is awaiting further results from samples currently being tested.
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      <title>Results of Field Samples at Kabwe Mine</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/results-of-field-samples-at-kabwe-mine</link>
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      <pubDate>Wed, 25 Feb 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has announced encouraging results from field samples at its Kabwe Zinc Mine, with handheld XRF testing revealing consistently high zinc grades up to 36.13% and lead grades up to 9.63%, alongside tungsten mineralization. These surface grades compare favorably to historical averages, confirming the presence of substantial high-grade material. Further independent verification and analysis for other elements will be conducted by ALS laboratory. The company is proceeding with its e</description>
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      <title>Change of Nominated Adviser</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/change-of-nominated-adviser-21</link>
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      <pubDate>Mon, 23 Feb 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has appointed Cairn Financial Advisers LLP as its new nominated adviser with immediate effect, a move the CEO believes will help realize value as the company grows its Kabwe asset and restarts operations at Rukwa. This change in nominated adviser is the primary focus of the announcement, with no other financial figures or operational updates provided.
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      <title>Issue of Shares</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/issue-of-shares-5</link>
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      <pubDate>Tue, 03 Feb 2026 12:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has announced a slight delay in the admission to trading on AIM for 6,562,500 new ordinary shares, now expected around 4 February 2026, due to a pending trading application. The company confirmed that upon admission, its total voting rights will remain as previously stated in the announcement from 23 January 2026.
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      <title>Issue of shares – settlement of historic fees</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/issue-of-shares-settlement-of-historic-fees</link>
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      <pubDate>Fri, 23 Jan 2026 16:20:00 GMT</pubDate>
      <description>Shuka Minerals Plc has issued 6,562,500 new ordinary shares to settle historic fees and remuneration, with 2,762,500 shares going to Gathoni Muchai Investments Limited for loan establishment fees and consultancy services, and 3,800,000 shares issued to Chief Executive Richard Lloyd and Non-Executive Director Marc Nally for contracted remuneration. The shares were issued at a reference price of 4 pence each, consistent with a recent equity fundraise. Following admission to trading on AIM, expecte</description>
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      <title>Holding(s) in Company</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/holdings-in-company-250</link>
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      <pubDate>Fri, 23 Jan 2026 15:37:00 GMT</pubDate>
      <description>RAB Capital Holdings Limited, through its controlled entities including RAB Special Situations (Master) Fund Ltd, has reduced its holding in Shuka Minerals PLC. The notification indicates a decrease in voting rights from 12.57% to 4.90%, representing 5,900,000 shares. This change in major holding occurred on January 19, 2026, and was formally notified on January 23, 2026. There are no financial instruments with similar economic effects or direct financial instruments that would alter this voting</description>
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      <title>Completion of LEM and Kabwe Mine acquisition</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/completion-of-lem-and-kabwe-mine-acquisition</link>
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      <pubDate>Fri, 16 Jan 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has completed its acquisition of 100% of Leopard Exploration and Mining Limited, thereby gaining full ownership of the Kabwe Zinc Mine. The mine, which has historical production averaging 25% zinc and grades up to 43%, still holds over 14.56 million tonnes of ore resources valued at over US$2 billion. A phase 1 development of a portion of these resources is projected to generate pre-tax cash flows of US$1.84 billion and a Net Present Value (NPV10) of US$561 million. Following </description>
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      <title>Placing and Operational Update</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/placing-and-operational-update</link>
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      <pubDate>Tue, 13 Jan 2026 10:46:00 GMT</pubDate>
      <description>Shuka Minerals Plc has successfully raised £1,000,000 through a placing of 25,000,000 new ordinary shares at 4 pence per share, with participants receiving warrants exercisable at 8 pence. These funds, along with a GMI Loan, will facilitate the acquisition of the Kabwe Zinc Project in Zambia, a historically significant mine with estimated remaining resources valued at over US$2 billion. The company also plans to invest in further exploration and development at Kabwe and is progressing its Rukwa </description>
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      <title>Receipt of funding for Kabwe transaction</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/receipt-of-funding-for-kabwe-transaction</link>
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      <pubDate>Tue, 13 Jan 2026 10:45:00 GMT</pubDate>
      <description>Shuka Minerals Plc has received £815,000 from Gathoni Muchai Investments Limited under an increased loan, bringing the total drawn to £1.115m, with £385,000 remaining. The company is preparing to pay the remaining $1.05m cash consideration and issue 22,275,588 Consideration Shares, priced at 7.817 pence each and subject to a one-year lock-in, to the vendors of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine. Application has been made for the Consideration Shares to be admitted to </description>
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    <item>
      <title>Update on financing for Kabwe transaction</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/update-on-financing-for-kabwe-transaction</link>
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      <pubDate>Tue, 13 Jan 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has announced an update regarding the financing for its proposed acquisition of the Kabwe Zinc Mine. The company is still awaiting the receipt of £815,000 from Gathoni Muchai Investments Limited, which was due under an increased loan agreement. Gathoni Muchai Investments Limited has confirmed that payment has been instructed and provided remittance advice, with a further announcement to follow upon fund receipt.
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      <title>Update on Kabwe transaction completion</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/update-on-kabwe-transaction-completion</link>
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      <pubDate>Fri, 02 Jan 2026 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has extended the long stop date for its acquisition of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine to January 15, 2026, due to a delay in receiving funds from Gathoni Muchai Investments Limited. The company initially secured a 22.2% stake on November 19, 2025, with further tranches planned to reach 100% ownership. GMI has verbally advised that funds will now be provided in the week commencing January 5, 2026.
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      <title>Receipt of initial tranche of financing for Kabwe</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/receipt-of-initial-tranche-of-financing-for-kabwe</link>
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      <pubDate>Tue, 11 Nov 2025 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has received an initial tranche of $300,000 from Gathoni Muchai Investments Limited as part of the financing for its proposed acquisition of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine. GMI has confirmed that the remaining funds required to meet the $1.35 million acquisition consideration will be advanced before the end of November 2025.
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      <title>Update of financing for Kabwe transaction</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/update-of-financing-for-kabwe-transaction</link>
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      <pubDate>Mon, 10 Nov 2025 07:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc has provided an update on the financing for its acquisition of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine, stating that Gathoni Muchai Investments Limited expects to pay an initial c.$350,000 in the coming days, with the remaining acquisition funds to be paid before the end of November 2025. The company is in regular contact with GMI regarding the fund status, and the LEM vendors remain supportive of the transaction&apos;s completion, which is contingent on the </description>
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      <title>Interim Results for the six months to 30 June 2025</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/interim-results-for-the-six-months-to-30-june-2025-2</link>
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      <pubDate>Tue, 30 Sep 2025 08:00:00 GMT</pubDate>
      <description>Shuka Minerals PLC reported interim results for the six months ended June 30, 2025. Gathoni Muchai Investments committed a further £1.5 million investment through an unsecured loan facility, bringing their total commitment to £2 million. The £2 million Convertible Loan Note from AUO Commercial Brokerage LLC has been extended by 12 months to March 2026, with repayment or conversion extended to March 2027. The company reported a loss after taxation of £376,370 and a total comprehensive loss for th</description>
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      <title>Update on Financing for Kabwe Transaction</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/update-on-financing-for-kabwe-transaction-1</link>
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      <pubDate>Thu, 18 Sep 2025 06:00:00 GMT</pubDate>
      <description>Shuka Minerals Plc announced a slight delay in the remittance of funds from Gathoni Muchai Investments Limited (GMI) related to the acquisition of Leopard Exploration and Mining Limited (LEM) and the Kabwe Zinc Mine. The funds are intended to cover the $1.35 million balance of cash consideration owed to the LEM vendors. GMI anticipates resolving the matter before the end of September 2025 and has affirmed its financial capacity to meet its obligations under the increased GMI loan facility. The L</description>
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      <title>Update re Kabwe transaction and Operational update</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/update-re-kabwe-transaction-and-operational-update</link>
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      <pubDate>Thu, 04 Sep 2025 08:50:00 GMT</pubDate>
      <description>Shuka Minerals announced an update regarding the acquisition of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine. While conditions for the acquisition&apos;s sale and purchase agreement are met, the remittance of $1.35 million from Gathoni Muchai Investments Limited, intended for the cash consideration balance and working capital, is delayed due to administrative and regulatory matters in Kenya, expected to be resolved within 10 business days. Discussions with potential purchasers for 6</description>
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      <title>Financing agreement for LME and Kabwe update</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/financing-agreement-for-lme-and-kabwe-update</link>
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      <pubDate>Tue, 01 Jul 2025 07:07:00 GMT</pubDate>
      <description>Financing agreement for LME and Kabwe update.</description>
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      <title>Annual Results for the year ended 31 December 2024</title>
      <link>https://6ix.com/company/shuka-minerals-plc/news/annual-results-for-the-year-ended-31-december-2024-2</link>
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      <pubDate>Mon, 30 Jun 2025 06:00:00 GMT</pubDate>
      <description>Annual Results for the year ended 31 December 2024.</description>
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