Power Metal Resources plc expects to complete the listing in the coming weeks of its 2021 Australia acquisition held in First Development Resources plc. ASSETS FDR owns three prospective copper-gold projects of Wallal, Ripon Hills & Braeside West in the Paterson Province, Western Australia. The company also holds the Selta uranium and rare earth elements project in […]
Tag: rare earth elements
Altona finds higher grade gallium at Monte Muambe
Altona Rare Earths plc has discovered a 137% increase in grade from near surface gallium at its Monte Muambe project in Tete Province, northwest Mozambique. SETTINGS Returns are from a now completed in-fill soil sampling campaign across several anomalies identified in April. More than 700 soil samples were collected, prepared and assayed using portable XRFtechnology […]
European Green CEO steps down
European Green Transition plc’s chief executive officer Aiden Lavelle has stepped down on mutal agreement with the board, and will leave the company at the end of this month. STRATEGY Mr Lavelle declined to seek re-election as a director at the forthcoming general meeting. The company said that its strategy to move from mining assets […]
Alba progresses Clogau-Finnsbo
Alba Mineral Resources plc continues to progress operations at its Clogau-St David’s gold mine in north Wales and the gold-rare earth elements (REE) farm-in prospect in Finnsbo, eastern Sweden. HIGH GRADE The company has finalised plans for the next phase of underground blasting in the lower Llechfraith shaft at Clogau. Specifications to the technical blasting […]
Altona positive on fluorspar tests and discoveries
Altona Rare Earths plc returned “very encouraging” fluorspar metallurgical test results along with new fluorspar discoveries at its Monte Muambe rare earths project in Tete Province, northwest Mozambique. OUTCROPS Initial flotation tests of ore samples showed a concentrate at 93.62% calcium fluoride, with impurities reduced to “acceptable or near-acceptable levels” for hydrofluoric acid production. “These […]
EGT secures more time for Olserum
European Green Transition plc has secured a four-year extension until June 2029 for its Olserum No. 21 licence at the Olserum rare earth elements project in southeast Sweden. MONETISATION The 10.99km2 licence has a historic resource estimate of 4.5 million tonnes grading 0.6% total rare earth oxides (TREO) in the indicated category and 3.3Mt grading 0.63% […]