Maamba Collieries Ltd receives exploration licenses for Lithium and other minerals in Zambia

Maamba Collieries Limited (MCL), NAVA Ltd's Zambian Step Down Subsidiary has been issued two Large Scale Exploration Licenses for Lithium and other Minerals (Amethyst, Aqua Marine, Tantalum and Tin) in the Southern Province of Zambia.

The Exploratory Licenses are valid for a period of four years during which period MCL plans to carry out detailed exploration of the license areas aggregating to about 8200 Ha to ascertain the mineable resources and to prepare an appropriate business plan for implementation.

Shares of Nava Bharat Ventures Limited was last trading in BSE at Rs. 724.80 as compared to the previous close of Rs. 753.35. The total number of shares traded during the day was 15740 in over 1326 trades.

The stock hit an intraday high of Rs. 775.00 and intraday low of 721.05. The net turnover during the day was Rs. 11542332.00.

Source : Equity Bulls

Keywords

Nava INE725A01022 MaambaCollieries Zambia ExplorationLicenses Lithium Minerals