source:Proactive Investors UKCompletion of a feasibility study for the firm's Malawi rare earth mine is presently targeted in the second half of next year.Mkango Resources Ltd’s (LON:MKO) full-year results have confirmed it had a US$9.53mln cash position at the end of 2019, whilst the company also noted that work on the Songwe rare earth project’s feasibility study is continuing.Workstreams for the study are ongoing though the company noted that because of the impacts of the coronavirus (COVID-19) pandemic it is inevitable that some elements will be impacted and the precise extent of the d...
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2020
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source:International MiningUcore Rare Metals says it has executed a binding share purchase agreement with Innovation Metals Corp and its shareholders that will see it acquire 100% of IMC and its RapidSX? accelerated solvent-extraction-based separation technology.IMC is a privately held Canada-based company that has developed RapidSX for the separation and purification of critical metals including rare earth elements (REEs), lithium, nickel and cobalt. An accelerated solvent-extraction-based separation technology, it has been developed and successfully piloted by IMC.Among other test work, Rapi...
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2020
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source：Creamer Media's Mining WeeklyTSX-listed graphite exploration company Focus Graphite has signed a letter of intent (LoI) to sell its 50% interest in the Kwyjibo rare earth elements project to Investissement Québec for C$7.2-million.The project, totalling 116 map-designated claims and covering 6 283.5 ha, is located a few kilometres north of Manitou Lake, about 125 km northeast of Sept-?les, in the C?te-Nord administrative district of Québecclaim block is also located 25 km east of the Québec North Shore and Labrador rail line and is accessible by air from float plane a...
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2020
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source：MacauhubThe project to extract rare-earth minerals in Angola is still underway, despite the current state of emergency, in order to ensure that the country will become a supplier in a market dominated by China and Australia.Pensana Rare Earths, the Australian company promoting the first rare-earth mineral project in Longonjo, said that the president of Angola had approved an investment contract, valid for 35 years, for exploration in that area of Huambo province.According to information from Pensana, cited by the CLBrief.com website, the license “was granted with attractive tax terms,” ...
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2020
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