Arafura Resources increases mine life, lowers operating costs: Hartleys source:Proactive Investors Australia-Arafura Resources Limited (ASX:ARU) recently updated the ore reserves for its 100% owned Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory.The ore reserves have increased by 54% to 29.5 million tonnes at 2.9% total rare earth oxides (TREO), 13% phosphorus pentoxide and 26.4% NdPr enrichment.Importantly, the increase now supports 33 years of production – an increase of 10 years on the definitive feasibility study base case.Hartleys has maintained its speculative...
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source：FinfeedAusQuest Limited (ASX:AQD) has intersected a carbonatite intrusion in the course of diamond drilling at the Telegraph Prospect, part of its Balladonia Project in the Fraser Range area of Western Australia.Management explained that this lies beneath the intense weathering/alteration that was reported from earlier air-core and reverse circulation (RC) drilling.The Balladonia Project is subject to the company’s Strategic Alliance Agreement (SAA) with South32.Carbonatite complexes are a major source of rare earth elements (REE) world-wide and are also known to contain base metal mine...
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2020
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source：MorningstarNews Rainbow Rare Earths Interim Loss Narrows, But Revenue Down On Output (Alliance News) - Rainbow Rare Earths Ltd on Monday said its interim loss narrowed due to lower ...Alliance News30 March, 2020 | 3:44PM Email Form (Alliance News) - Rainbow Rare Earths Ltd on Monday said its interim loss narrowed due to lower depreciation expenses, despite a sharp decline in revenue from a drop in production.Shares in Rainbow Rare Earths were 19% lower at 1.54 pence on Monday in London.For the six months to the end of December, the rare earth element miner reported a pretax ...
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source：Redmond RegisterSLAM Exploration Ltd. (CVE:SXL)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 19000 shares changing hands. The stock had previously closed at C$0.02.The stock has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market capitalization of $814,000.00 and a P/E ratio of -0.91.About SLAM Exploration (CVE:SXL)Slam Exploration Ltd., a resource company, engages in the acquisition, exploration, and development of mineral properties in N...
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2020
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