Galileo Resources Plc

GLR

GB00B115T142

Diversified Mining

Delayed London S.E. Other stock markets 11:35:15 2024-05-24 EDT			5-day change	1st Jan Change
1.05 ^GBX	0.00%		-2.33%	0.00%

05-02	EARNINGS AND TRADING: Trident Royalties swings to profit	AN
03-19	Galileo drill results show lithium enhancement at Kamativi	AN

Galileo Resources enters joint venture in Zambia

September 05, 2023 at 02:44 pm

Galileo Resources PLC - mining company focused on Zambia, Zimbabwe, Botswana, South Africa and the US - Announces the company has entered into a joint venture agreement with Cooperlemon Consultancy Ltd in relation to the exploration for copper at large scale exploration license 28001-HQ-LEL in northwest Zambia. Colin Bird, executive chair said: "This acquisition is consistent with our policy of acquiring opportunity projects where potential outweighs entry in reliable jurisdictions."

Current stock price: 1.18 pence

12-month change: down 13%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES SOUTH AFRICA(ZAR)	2,067 PTS	+0.05%	-1.20%	-
DOW JONES AFRICA TITANS 50 INDEX	478.9 PTS	+0.15%	-3.79%	-
S&P AFRICA 40 INDEX	164.7 PTS	+0.18%	-4.25%	-
GALILEO RESOURCES PLC	1.05 GBX	0.00%	-2.33%	15.57M

Latest news about Galileo Resources Plc

EARNINGS AND TRADING: Trident Royalties swings to profit	05-02	AN
Galileo drill results show lithium enhancement at Kamativi	03-19	AN
Galileo Resources plc Informs Shareholders Regarding Full Phase 1 Drill Assay Results Received for the 80% Owned Kamativi Lithium-Tin Project in Zimbabwe	03-19	CI
United Oil adds Jamaica expert; Vaalco makes buy	02-29	AN
Genflow wins new research grants; Seeen margin rises	02-01	AN
Galileo Resources Plc Announces New Kalahari Copper Belt Targets Defined on PL039/ 2018 and PL040/ 2018	02-01	CI
Lexington completes Bothaville drilling phase	01-30	AN
Galileo Resources Identifies Three Copper Targets in Botswana	01-30	MT
Galileo Resources plc Announces Three Copper Targets Discovered on Licence PL253/2018 in Kalahari Copper Belt	01-30	CI
Galileo Resources loss narrows in first half as expenses fall	12-28	AN
Galileo Resources Plc Reports Earnings Results for the Half Year Ended September 30, 2023	12-28	CI
Galileo Resources Shinganda drilling progressing as expected	11-07	AN
Galileo Resources pleased with Kamativi drilling programme	23-10-17	AN
Galileo Resources plc Informs Shareholders Regarding Progress on Drilling and Further Exploration on the Kamativi Project in Zimbabwe	23-10-17	CI
Galileo Resources completes soil sampling programme in Botswana	23-10-11	AN
Galileo Resources plc Provides Shareholders with an Update on the Kalahari Copper Belt Project in Botswana, Shinganda Copper-Gold Project and the Star Zinc Project, Zambia	23-10-11	CI
EARNINGS: Rockfire interim loss widens due to increased expenses	23-09-29	AN
Galileo Resources Plc Reports Earnings Results for the Full Year Ended March 31, 2023	23-09-29	CI
Thor Energy fundraise to support drilling activities	23-09-20	AN
Galileo Resources plc Provides Exploration Update At Shinganda, Zambia	23-09-20	CI
Materials Drop as Dollar Rallies -- Materials Roundup	23-09-05	DJ
Galileo Resources enters joint venture in Zambia	23-09-05	AN
FTSE 100 Closes Down 0.2% Despite Rebound Driven -2-	23-09-05	DJ
Sterling Weakens as China Concerns Grow -2-	23-09-05	DJ
Galileo Resources Plc Enters into Joint Venture Agreement with Cooperlemon Consultancy Limited	23-09-05	CI

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Company Profile

Galileo Resources PLC is a United Kingdom-based exploration and development mining company. The Companyâs projects include the Luansobe Copper Project, Kamativi Lithium and Bulawayo Gold Projects, Shinganda Copper and Gold Project, Kashitu Zinc Project, Kalahari Copper Belt Project, Ferber Project, Star Zinc Project, and Glenover Rare Earth Project. The Company holds about 75% interest in the Luansobe project. The Luansobe area is situated about 15 kilometers (km) to the northwest of Mufulira Mine in the Zambian Copperbelt. Kamativi Lithium Project covers about 520 square kilometers and lies on the Kamativi Belt. Bulawayo Gold Project covers about 1,300 square kilometers license area near Bulawayo. The Kashitu is situated approximately 7-kilometers (km) south-east from the Kabwe mine and processing plant, and immediately adjacent to and south of the town of Kabwe. It has also entered into a joint venture agreement with the option to earn a 65% interest in the Western Foreland Project.

Sector

Diversified Mining

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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Sector Integrated Mining

	1st Jan change	Capi.
GALILEO RESOURCES PLC	0.00%	15.57M
RIO TINTO PLC	-3.20%	123B
GLENCORE PLC	+2.51%	74.97B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-1.13%	46.88B
GRUPO MÉXICO, S.A.B. DE C.V.	+10.66%	48.55B
ANGLO AMERICAN PLC	+32.70%	40.43B
HINDUSTAN ZINC LIMITED	+126.42%	37.72B
TECK RESOURCES LIMITED	+25.32%	26.67B
VEDANTA LIMITED	+78.75%	20.6B
IVANHOE MINES LTD.	+50.89%	17.95B

Integrated Mining

Galileo Resources Plc

Equities

GLR

GB00B115T142

Diversified Mining

Galileo Resources enters joint venture in Zambia

Stocks mentioned in the article

Latest news about Galileo Resources Plc

Chart Galileo Resources Plc

Company Profile

Income Statement Evolution

Sector Integrated Mining