Mkango shares jump on Talaxis investments

The share price of Mkango Resources on the LSE surged by up to 135% on Thursday afternoon after the company reported securing a £12-million direct investment that will enable the funding of a bankable feasibility study (BFS) for its Songwe Hill rare-earth project, in Malawi. The company’s shares peaked at 10.88p on Thursday afternoon, compared with the 3.88p at closing on Wednesday.