SVM
Director Trades
| Date | Director | Value |
|---|---|---|
| M. Pearce | $240,218 |
Company News
Sovereign Metals Delivers Exceptional First-Year Results from Kasiya Land Rehabilitation Program
Sovereign Metals (ASX: SVM) has reported outstanding results from first-year rehabilitation trials at its Kasiya rutile-graphite project in Malawi. The trials demonstrated maize yields five times higher than regional averages, validating the company’s progressive land rehabilitation model. Management said the outcomes provide critical empirical data to de-risk the Definitive Feasibility Study and strengthen the project’s […]
Sovereign Metals steps on the accelerator at Kasiya graphite development
Sovereign Metals (ASX: SVM) has stepped up key activities at its world-class Kasiya project in Malawi as it prepares to demonstrate the commercial viability of its graphite product to the world. Backed by strategic development partner Rio Tinto (ASX: RIO) and a highly supportive local government, Sovereign is fast-tracking a number of aspects in its […]
Sovereign Metals advances world-class Kasiya rutile-graphite project
Sovereign Metals (ASX: SVM) has completed a company-changing quarter with major breakthroughs in its progression of the world-class Kasiya project in Malawi. The company’s two headline achievements in the reporting period included completing a pre-feasibility study (PFS) which confirmed Kasiya’s market leading potential for producing two highly sought after critical metals and receiving a $40.6 […]
Sovereign Metals appoints new CEO, advances massive rutile-graphite project with Rio Tinto
Experienced Africa-based mining executive Frank Eager has been promoted to chief executive officer at Sovereign Metals (ASX: SVM) as the company moves forward with its massive Kasiya rutile-graphite project in the southern African state of Malawi. This comes on the heels of the decision in July by Rio Tinto (ASX: RIO) to back what is […]
Market wrap: a positive Wall Street lead produce gains amid a bleak outlook
A rare positive lead from Wall Street helped the Australian share market to a positive close but it was not enough to erase the memories of what has been the worst quarterly performance since early 2022. By the close on Friday the ASX 200 was up 0.3%, or 23.8 points to 7048.6 points, although that […]
Sovereign Metals receives world-class results from Kasiya pre-feasibility study
Sovereign Metals (ASX: SVM) is positioned to become one of the world’s largest rutile and natural graphite producers after receiving exceptional results from a pre-feasibility study (PFS) of the Kasiya project in Malawi. Kasiya, located in central Malawi, is the largest natural rutile deposit and second largest flake graphite deposit in the world. The proposed […]
Rio Tinto invests $40.4m in Sovereign Metals to secure stake in Malawi rutile-graphite project
Rio Tinto (ASX: RIO) is backing what is claimed to be the biggest source of rutile ever discovered by investing $40.4 million to give the global miner an “initial” 15% stake in Sovereign Metals (ASX: SVM), owner of the Kasiya project in Malawi. In addition, options issued as part of the deal will allow Rio […]
Russia’s war on the Ukraine puts more pressure on global titanium mineral supplies
The world is not running short of paint, but it might soon face a squeeze on titanium dioxide supplies as Russia continues waging war on the Ukraine – possibly triggering a wake-up call for Australian producers of the material which is mainly used as pigment in paint. While best-known in the commodities world for its […]
Sovereign Metals drilling expands Nsaru rutile footprint
Assays from Sovereign Metals’ (ASX: SVM) phase two drilling program at the recently-discovered Nsaru deposit in Malawi’s prolific rutile province have increased the deposit’s mineralised footprint by 15 square kilometres. Step-out drilling was completed on 98 exploration holes to depths of 14m, with 94 holes showing rutile with “very high grades” within 5m from surface. […]
Sovereign Metals’ high-grade Kasiya rutile project attracts full Malawi Government support
Sovereign Metals (ASX: SVM) has added another feather to its cap as it advances the high-grade Kasiya rutile project in Malawi with the country’s Minister of Mining paying the project a site visit. The company’s managing director Dr Julian Stephens hosted the official Malawian government delegation at the site. Malawi’s Honourable Minister of Mining Rashid […]
