The interim statement from Kalahari Minerals is highly encouraging. There are positive results from both the copper projects in eastern Namibia and the attempt to bring the old Namib Lead Mine (involving lead, zinc and silver) back to life. The big uranium project at Rossing South, now being undertaken by Extract Resources and in which Kalahari has a 36.4 per cent holding, is also moving ahead. Kalahari still has £4.27 million of the £6 million raised when it came to AIM 18 months ago. Down from my August recommendation of 26.5p to 22.25p now, Kalahari gets a hold/buy status.

Kalahari Minerals	AIM	£50.8m	30.50p	0.00p
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Other company articles:
Kalahari in Namibia merger plan			05/09/2008
Rossing target for Kalahari			31/07/2008
Rossing rouses Kalahari			14/05/2008
Rossing boost for Kalahari			01/02/2008
Uranium cheer for Kalahari			23/01/2008