Altona Rare Earths plc is reassess the potential for fluorspar production at Monte Muambe in Mozambique and for diamonds at its Zambia copper project. VEINS The move follows results from initial flotation rougher tests which included rare earths recovery of 69.3% and “good selectivity of rare earth minerals versus fluorite”. Legacy exploration mainly focused on […]
Day: 11 November 2024
Anglesey raises £220,000 via direct subscription
Anglesey Mining plc has raised £220,000 via a direct subscription of 22 million ordinary shares at a price of 1 pence per share. USES Following admission, the total number of ordinary shares in the capital of the company in issue will be 483,593,017, with voting rights. Net proceeds will go towards developing Parys Mountain in […]
Karelian completes Kuhmo follow-up excavation
Karelian Diamond Resources plc has completed follow-up excavation up-ice of the green diamond previously discovered in the Kuhmo region of Finland. TARGETS Karelian said that the thickness of the glacial till cover increased up-ice to the northwest towards a swampy area, accessible to an excavator only when the ground is frozen. “The indicator mineral train […]