Adavale Resources: Expands Kabanga Jirani project, Tanzania

Adavale Resources Expands Kabanga Jirani project, Tanzania

  • Adavale Resources (ADD) increases its quality nickel exploration tenure in Tanzania
  • The company’s Tanzanian subsidiary has been granted the Kabanaga Southeast Wedge prospecting licence
  • Adavale also triggered the acquisition of 65 per cent of the Luhuma farm-in prospecting licenses
  • All up, the company now holds roughly 1311 square kilometres of land in the East African Nickel Belt
  • ADD shares are up 4.55 per cent and trading at 2.3 cents at 2:02 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...