Sula Iron & Gold, active in Sierra Leone and DRC, changed name to African Battery Metals (ABM). The company, which started trading its shares under the new name last Wednesday, wants to focus on developing its cobalt exploration licenses (Kisinka and Sakania) in DRC.
According to Roger Murphy, its CEO, this new name “better reflects” the company's new focus and strategy to produce cobalt and others battery metals for the electric vehicle market (report of Mining Weekly). However, the company will continue to operate its Ferensola gold project due to its high gold assets in Sierra Leone.
African Battery Metals is listed on the Alternative Investment Market, London stock exchange.
Louis-Nino Kansoun
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Funding would modernize signaling on Tema–Mpakadan line Upgrade aims to allow simultaneous train movements Project tied to broader push to...
Morocco selected under $226 million USDA program for 2026 Initiative blends farm support with expansion of U.S. exports Could back...
France expects 2,500 Tunisian workers under THAMM+ by 2029 Programme targets labour shortages, promotes circular migration model Expansion...
Plan includes recovery commission, audits and possible asset seizures Move aims to strengthen governance and support industrial...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...