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 […]
Tag: REEs
Altona extends fundraise for African REEs
Altona Energy said it had extended its fundraising round due to ongoing interest as it continues its development plans for its rare earth elements (REEs) mining portfolio in Africa. The company said in September 2020 that it aimed to raise up to £500,000 for its REE projects in Uganda and Malawi. (bit.ly/356Hyx5) Altona announced this […]
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 […]