UK 18:44 Tuesday, 27 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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Iron ore hopeful Beowulf Mining (BEM) takes heart from encouraging assay results at its Kallak South and Kallak North projects in northern Sweden, despite snags over local mining authorisation, as it prepares to produce new formal resource estimates in a few months and talk about future off-take agreements with iron users. Emboldened by evidence of high grades and long intersections, the AIM listed company, whose shares have flickered from a year’s low of 2.28p to 2.7p while remaining well down from their 7.99p 12-month peak and a small fraction of 60p-plus levels reached in 2011, intends to start a pre-feasibility study in the New Year on Kallak, where earlier estimates suggested a potential overall deposit of more than 120 million tonnes.
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Comments
wildrides
some nice grades ……… but ……….its Iron ore .
on the other hand , its not Africa ………