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

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability.Highlights: Gemini stock drops significantly after three executives resign.Executive departures...

UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns

Financial institutions explore options for payment processing independence.Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise...