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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Savannah Resources Plc | LSE:SAV | London | Ordinary Share | GB00B647W791 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.30 | 3.20 | 3.40 | 3.30 | 3.30 | 3.30 | 3,640,198 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -2.86M | -0.0016 | -20.63 | 60.33M |
From Apr 2019 to Apr 2024
LONDON--Savannah Resources PLC (SAV.LN) Monday reported maiden resource estimate of 900 million tons at 4.1% total heavy minerals for the Ravene deposit located in Mozambique.
The Ravene deposit is a part of the Mutamba Mineral Sands Project, being jointly developed by Savannah and Rio Tinto (RIO.LN).
The exploration company said the new resource estimate represents a 26% increase in the global mineral resource of Mutamba and an 8% increase in total heavy minerals, grade compared to the overall resource.
Shares of Savannah at 0848 GMT trading 10% higher at 6 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
March 27, 2017 05:05 ET (09:05 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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