Mining exploration company, Altona Energy plc, is looking to raise up to £500,000 for its new strategic focus on rare earth elements (REEs) in East Africa. The company has signed heads of agreements with two African mining companies, to acquire a majority stake in two REE projects, one in Malawi and the second in Uganda. […]
Tag: rare earth elements
Power Metal signs 50% Botswana SJV with Kavango
Power Metal Resources plc has acquired a 50% interest in a 2,680 km2 strategic joint venture (SJV) portfolio of base and strategic metal project in Botswana. The acquisition involves four Botswana prospecting licences previously 100% owned by Kavango Resources, and forms a new SJV between the companies. Two prospecting licences for copper–silver cover 1,294.2km2 in […]