Red Rock Resources sees minimal impact from Covid-19

Natural resource development company Red Rock Resources said on Monday that it had experienced only a minimal impact to operations as a result of the Covid-19 pandemic.

Red Rock said although the pandemic had impacted all the key locations in which it operates, the group was now able to plan trips to the majority of its sites but did note that the travel situation remained difficult.

The AIM-listed firm added that grant and renewal processes for key licenses had continued, with government departments trying to keep operating with reduced staff levels.

"It is gratifying to be able to report that we can now plan for a resumption of work after a gap of some years in our Kenyan licenses after their recent renewal," said chief executive Andrew Bell.

"We thank the authorities for their assistance in finally resolving this matter despite the difficulties caused by Covid-19, and look forward to resuming immediately our work on the ground."

As of 0930 BST, Red Rock shares were up 2.42% at 0.64p.