Metals & Minerals News

Cadence completes sale Yangibana rare earths interest

Cadence Minerals plc said it had completed the sale of its working interests in the Yangibana rare earths project tenements to Hastings Technology Metals. TERMS For its 30% stake the company received AUS$9 million (£5.1m) in 2.45m new ordinary shares in owner and operator Hastings. The shares represent approximately 1.9% of the current issued share […]

Equipment & Logistics Metals & Minerals News

Altona results show high levels of Monte Muambe NdPr

Altona Rare Earths plc reported “significant” total rare earth oxide (TREO) grades including high levels of neodymium-praseodymium (NdPr) at Monte Muambe project in Tete Province, Mozambique. TARGET DRILLING Since February, Altona has collected and assayed more than 1,700 soil samples, refining the orebodies boundaries and identifying four new, rare earth element (REE)-rich drilling targets. Results […]