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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 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 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...

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. ...

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...

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...

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 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...

Armadale Capital (LSE:ACP) has enjoyed a strong start to the year, with its shares rising from 0.85p to their current 1.16p. Aside from favourable macro conditions, the business - which is currently f...

Armadale Capital (LSE:ACP) advanced 3.9pc to 1p on Friday after finalising the sale of its non-core project in the Democratic Republic of Congo (DRC). The Africa-focused natural resources business has...