Altona Rare Earths plc has estimated an exploration target of up to 56.6 million tonnes at up to 1.65% total rare earth oxide (TREO) at its rare earth element (REE) Monte Muambe project in Tete Province, northwest Mozambique. MRE AND PEA Altona said its estimate included 11.5 million tonnes at 2.41% TREO, corresponding to a “well […]
Tag: rare earth elements
Kavango’s Ditau rare earth and KCB projects valued at $8 million
Kavango Resources plc said it had received an independent valuation of US$8 million for its rare earth element (REE) Ditau Camp and Kalahari Copper Belt (KCB) joint venture in Botswana. VALUATION The 50-50 JV, under Kanye Resources plc, is between Power Metal Resources plc and operator Kavango which intends to regain 100% control of the […]
Power Metal-Kavango report further progress at Botswana projects
Power Metal Resources and Kavango Resources’ joint venture reported further progress from their rare earth element (REE)-base metals projects in southwest Botswana. JOINT VENTURE The 50-50 partners operating as Kanye Resources have assets comprising Ditau Camp and in the Kalahari Copper Belt (KCB). DITAU CAMP At Ditau, operator Kavango completed four diamond drill holes across […]
Kavango to acquire Power Metal share of Botswana JV
Kavango Resources plc is to acquire Power Metal Resources’ 50% share of their two-year joint venture and regain control of its rare earth element (REE)-base metal projects in Bostwana. KANYE RESOURCES The partners’ company Kanye Resources owns working interests in 10 prospecting licences in the Kalahari copper belt (KCB), covering 4,257km2. Kanye also owns two prospecting […]
Cadence sells Yangibana rare earth interest for £5m
Cadence Minerals plc said it had sold its interests in the Yangibana rare earth elements (REE) project in Gascoyne, Western Australia for A$9 million (£5.1m) to joint venture partner Hastings Technology Metals. TRANSACTION The company added that its 30% working interest in the tenements covered a small portion of Yangibana and potentially represented one year of the […]
Kavango-Power Metal start fourth Ditau drill hole
Kavango Resources plc said it had completed the third diamond drill hole on the i1 target and started drilling the next target at the Ditau Camp joint venture (JV) rare earth element (REE)-base metal project in southwest Botswana. DITAU CAMP The 50-50 JV, under the name of Kanye Resources, is between Kavango as the operator […]