Shuka Minerals Plc (SKA) SENS Announcements
Every announcement Shuka Minerals Plc has filed on the JSE, newest first, each with SENS-AI's analysis.
SENS Announcements — Page 1
1–34- 20 Oct Issue of Equity
SHUKA MINERALS PLC - Conversion of Loan, Creditor Settlement & Issue of Equity
Shuka converts a £63,334 loan and settles a £61,000 invoice with 3.1m new shares, plus warrants.
NEUTRAL -12 - 16 Oct Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD06-11) - Drilling results from ALS Laboratories
Shuka reports up to 49.7% Zn from the new Sperm Whale target — a genuine new discovery, not a restatement.
NEUTRAL +15 - 06 Oct Director Dealings
SHUKA MINERALS PLC - Conversion of Loan & Issue of Equity - Director/PDMR Shareholding
CEO converts £100,000 loan into 2.5m shares at 4p, receives matching warrants at 8p.
NEUTRAL 0 - 30 Sep Results
SHUKA MINERALS PLC - Interim Results for the Six Months to 30 June 2026
Shuka reports zero revenue, a widened total loss, and per-share improvement driven by 74.5% share dilution.
NEUTRAL 0 - 23 Sep Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD01-05) ALS Laboratories Confirm Scale and High-Grade Drilling Results at Pit 2 of the Kabwe Project
ALS confirms high-grade zinc at Kabwe Pit 2, with the Board targeting a 50% resource increase — confirmation rather than new information.
NEUTRAL +12 - 18 Sep Other Administrative
SHUKA MINERALS PLC - Assignment of GMI Loan / Related Party Transaction
Remaining GMI loan of £163k assigned to Australian investor and CEO for conversion to equity, wiping debt to nil.
NEUTRAL 0 - 14 Sep Shareholder Notice
SHUKA MINERALS PLC - TR-1: Standard Form For Notification of Major Holdings
Menel Energy now holds 10.84% of Shuka Minerals, but the TR-1 omits the prior position and direction of the change.
NEUTRAL +10 - 03 Sep Subscription
SHUKA MINERALS PLC - Further Re Subscription
Shuka confirms receipt of the £375,000 second tranche from Menel, completing the £750,000 subscription announced in July.
NEUTRAL 0 - 03 Sep Debt Notice
SHUKA MINERALS PLC - Assignment of GBP400,000 of GMI Loan to RAB Capital
Shuka assigns £400k of GMI loan to RAB Capital, which will convert it into 10.49M shares at 4p.
NEUTRAL +15 - 02 Sep Capital Raise / Equity Issuance
SHUKA MINERALS PLC - Conversion of Loan & Issue of Equity
Shuka converts £796,439 of loan into 19.9m shares at 4p, with matching 8p warrants attached.
NEUTRAL +8 - 01 Sep Debt Notice
SHUKA MINERALS PLC - Assignment of GBP800,000 of GMI Loan to Strategic Investors
Shuka assigns £800k of GMI loan to strategic investors, cutting debt to ~£560k, but conversion is not yet completed.
BULLISH +32 - 26 Aug Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD11) The New Ore body identified at Kabwe returns a max grade of 70% Zn
KBDD11 confirms up to 70% Zn from the new Kabwe ore body — a strong result, but one the market had already…
NEUTRAL +15 - 18 Aug Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD10) The New Ore body returns 61.5m of mineralisation from surface at grades of up to 68% Zn
Shuka's KBDD10 hits 61.5m at 3.96% Zn with a 68% Zn peak in a new surface ore body — positive, but the market had already run up ahead of the announcement.
NEUTRAL +15 - 13 Aug Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD09) New Ore body identified at Kabwe including Copper and Vanadium
KBDD09 hits new multi-element orebody at Kabwe with zinc up to 64.95%, peak Cu and vanadium — XRF readings pending lab verification.
NEUTRAL +15 - 07 Aug Director Dealings
SHUKA MINERALS PLC - Director/PDMR Shareholding
CEO buys £19,930 of Shuka shares on market; inside-information disclosure, not a strategic event.
NEUTRAL 0 - 23 Jul Issue of Equity in lieu of Director's Fees
SHUKA MINERALS PLC - Issue of Equity in lieu of past Director's Fees
Shuka issues 375,000 shares at 4p to settle a former director's fees — a routine equity-for-debt swap with no new investment signal.
NEUTRAL 0 - 22 Jul Subscription
SHUKA MINERALS PLC - Subscription with Strategic Investor to raise 750,000 GMI Loan Update
Shuka raises £750k via premium-priced subscription at 4p, bringing Menel in at 12.3% and extending GMI loan to end-2027.
NEUTRAL +15 - 14 Jul Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD08) 3% Copper mineralisation identified with most recent drilling
Kabwe's eighth drill hole hits up to 3% copper alongside strong zinc grades — fresh data on a share that had already run hard on the drilling news.
NEUTRAL +15 - 10 Jul Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD06 and KBDD07) Initial northerly exploration holes confirm continued mineralisation
KBDD06/KBDD07 confirm mineralisation in northern extension with a high-grade peak hit, but the +18% pre-announcement run and weaker average grades make this confirmation rather than a fresh surprise.
NEUTRAL +15 - 01 Jul Drilling Results
SHUKA MINERALS PLC - Kabwe Drilling (KBDD05) deep hole confirms ore body open at depth
KBDD05 hits 38.90% Zn over 3.5m — positive geology but already priced in, XRF unverified.
NEUTRAL +15 - 30 Jun Results
SHUKA MINERALS PLC - Short Form SENS Announcement - Audited Financial Statements for the Year Ended 31 December 2025
Shuka Minerals posts zero revenue in FY25 vs £2,305 prior year; per-share loss narrowed but the business has no income and faces Tanzania compliance risk.
NEUTRAL -15 - 25 Jun Shareholder Notice
SHUKA MINERALS PLC - TR-1: Standard form for notification of major holdings
A 20.04% holder reduced to 2.95% in one event — a major conviction exit with no disclosed buyer.
BEARISH -32 - 18 Jun Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD04) shallower hole hits western extension
Kabwe drilling yields high-grade preliminary zinc results, but early termination and assay risks remain.
BULLISH +30 - 10 Jun Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD03) hits another High-Grade zone
Shuka reported high-grade zinc intersections based on preliminary XRF readings, outperforming historical resource grades.
BULLISH +35 - 03 Jun Rights Offer / Follow-on
SHUKA MINERALS PLC - Subscription for 150,000
Shuka Minerals raised £150,000 via a share subscription, securing liquidity while diluting existing shareholders.
NEUTRAL +10 - 03 Jun Operational Update
SHUKA MINERALS PLC - Kabwe Drilling (KBDD02) continues to deliver
Shuka reports preliminary high-grade zinc intercepts at Kabwe, pending independent laboratory confirmation.
BULLISH +35 - 21 May Operational Update
SHUKA MINERALS PLC - Completion of Maiden Diamond Drill Hole at Kabwe ("KBDD01")
Maiden drill hole yields high-grade preliminary zinc results, though laboratory verification is still required.
BULLISH +25 - 14 May Operational Update
SHUKA MINERALS PLC - Commencement of Drilling at Kabwe
Shuka Minerals begins Phase 1 drilling at Kabwe targeting a 50% resource expansion.
NEUTRAL +15 - 29 Apr Operational Update
SHUKA MINERALS PLC - Appointment of Drilling Contractor and Commencement of Exploration Drilling at Kabwe
Shuka Minerals initiates Phase 1 drilling at Kabwe targeting a 50% resource increase.
NEUTRAL +15 - 13 Apr Meeting Results
SHUKA MINERALS PLC - Result of AGM and Directorate Changes
Shuka Minerals passed all AGM resolutions and formalized three board departures amid ongoing funding requirements.
NEUTRAL -5 - 17 Mar AGM Notice
SHUKA MINERALS PLC - Directorate Changes and Notice of Annual General Meeting ("AGM")
Board appointments strengthen African expertise, but Kabwe mine development remains dependent on securing additional funding.
NEUTRAL +5 - 27 Feb Operational Update
SHUKA MINERALS PLC - Laboratory Results of Field Samples as Kabwe Mine
High-grade zinc results at Kabwe Mine but project remains speculative and funding-dependent.
NEUTRAL +12 - 25 Feb Operational Update
SHUKA MINERALS PLC - Results of Field Samples at Kabwe Mine
Shuka Minerals reports high-grade Kabwe samples; independent lab verification and resource updates are still pending.
BULLISH +25 - 23 Feb Other Administrative
SHUKA MINERALS PLC - Change in Nominated Adviser
Shuka Minerals appoints new London Nominated Adviser amid asset restart and growth focus.
NEUTRAL +5