Buy Mkango Resources Shares

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How COVID-19 has impacted Mkango Resources and measures they’ve taken as a business to combat it. Read on below.

Mkango Resources Shares

Our aim is to help you buy Mkango Resources shares armed with as much research and information as possible.

Below we’ve aggregated up to date information on Mkango Resources including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Mkango Resources shares.

About Mkango Resources

Mkango is a company that specializes in mineral exploration and development, primarily rare earth elements. A rare earth element is one of 17 elements (except for radioactive promethium) found in the earth’s crust. Mkango has a 51% owned subsidiary (Lancaster Exploration) with interests in Malawi, Africa. Projects include Songwe Hill, Thambani, Chimime Hill and Mchinji.

Mkango has made a commitment toward responsible environmental impact and to conduct their business with the local communities respectfully and openly to maintain an ongoing compatible and genial relationship.

Established in 2007, Mkango is headquartered in Vancouver, British Columbia, Canada, and trades stock under the symbol MKA on the London exchange. Its subsidiaries are Lancaster Exploration, Lancaster Exploration Limited, Maginito Limited.

How Coronavirus has impacted Mkango Resources' share price

The health and safety restrictions imposed are expected to impact the rare earth market through its initial quarters and then lessen as progress ensues. The global market for this product is expected to grow by billions of dollars over the next four years.

FEBRUARY 12TH

Results from the Thambani project were announced to include findings of uranium, tantalum and niobium. The surveys better defined the deposits and provide data for drill sites.

MARCH 31ST

Mkango completed its feasibility study for Songwe and analysis of opportunities in Maginito Limited projects. Most Songwe operations can be handled offsite and employees are instructed to work from home as much as possible. All travel has ceased.

APRIL 13TH

Reuters reported that rare earth exports rose over 19% in March 2020 after a sharp decline in the previous two months.

April 29TH

The company released its 2019 year-end statements.

How to buy Mkango Resources shares

It’s a very simple and straightforward process to getting started and owning a share of Mkango Resources. Our step by step guide below will show you just how easy.

1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).

2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.

3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.

4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.

5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.

And that’s it, you’re now a shareholder. Congratulations!

Always remember that the value of your investments can go down as well as up. There’s a chance you may end up with less than you begin with. Capital is at risk.

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