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Armadale Capital plc (AIM:ACP) is an investment company focussed on resource projects in Africa. Its primary interest is the high grade Mahenge Liandu Graphite Project, located in a highly prospective region in south-east Tanzania. The project has a high-grade JORC compliant Inferred mineral resource estimate of 51.1Mt @ 9.3% TGC including 38.8Mt which is classified as Indicated. This resource establishes Mahenge Liandu as one of the largest high-grade projects in Tanzania, and work to date has demonstrated Mahenge Liandu’s potential as a commercially viable deposit.

A Definitive Feasibility Study (DFS) is underway to confirm a 400,000 tonnes per annum plant over a 32-year mine life, representing only 25pc of the overall resource. The company is on track to deliver the DFS in Q4 2019 and is aiming to commence production in 2021.

Latest Articles

Armadale CapitalMiningMaven
Tuesday saw Armadale Capital (LSE:ACP) confirm its 100%-owned Mahenge Liandu project as a “large, long-life, low-cost graphite deposit” in its long-awaited definitive feasibility study (“DFS”)...

Armadale CapitalMiningMaven
Armadale Capital (LSE:ACP) is primed and ready to launch into its transformation from explorer to emerging producer after confirming that its Mahenge Liandu asset is among the highest-grade graphite p...

Armadale CapitalMiningMaven
Towards the end of October, Ben Turney from our sister site ValueTheMarkets hosted Armadale Capital’s (LSE:ACP) technical director Matt Bull in a recorded presentation and interview. Bull provided a...

Armadale CapitalMiningMaven
Armadale Capital’s (LSE:ACP) primary interest is its 100pc-owned Mahenge Liandu project in Tanzania– one of the world’s highest-grading, large-flake graphite resources. Throughout summer 2019, ...

Armadale CapitalMiningMaven
Armadale Capital (LSE:ACP) enjoyed a 3.2pc lift to 1.29p on Thursday morning after confirming that premium quality, high-value graphite concentrates can be produced from its flagship Mahenge Liandu de...

Armadale CapitalMiningMaven
Shares in Armadale Capital (LSE:ACP) sat at 1.1p on Tuesday morning after the graphite-focused firm revealed several areas of substantial progress at its flagship Mahenge Liandu project in Tanzania. ...

Armadale CapitalMiningMaven
Last month saw Black Rock Resources (ASX:BKT) reveal binding sales agreements for graphite produced at its Mahenge project in Tanzania. The Australian miner has agreed to supply ‘premium’ graphite...

Armadale CapitalMiningMaven
Shares in Armadale Capital (LSE:ACP) advanced 1.5pc on Wednesday morning after the business announced that it is fast-tracking plans to commercialise its flagship Mahenge Liandu graphite project. With...

Armadale CapitalMiningMaven
Graphite-focused firm Armadale Capital (LSE:ACP) sat at 1.36p a share on Wednesday after announcing steady progress at its flagship Mahenge Liandu project and favourable commodity market conditions. T...

Armadale CapitalMiningMaven
Armadale Capital (LSE:ACP) rose 2.13pc to 1.2p on Friday morning after announcing progress towards the completion of a definitive feasibility study (DFS) for its flagship Mahenge Liandu graphite proje...