Metals & Minerals News

Altona includes gallium in fluorspar MRE

Altona Rare Earths plc plans to include gallium in its fluorspar JORC mineral resource estimate at Monte Muambe in Tete Province, northwest Mozambique. DRILLING The decision follows metallurgy work on a sample of gallium-bearing fluorspar ore, which confirmed that the “flotation process would lead to a separation of fluorspar (in the concentrate) and gallium (in […]

Finance Metals & Minerals News

Altona Energy share placing to raise £523,000

Altona Energy plc announced it had received subscription letters in respect of a further fundraising of approximately £523,000 before expenses, at an issue price of 6.5 pence per share. The company today said it had received £168,214 from the new investors and issued 2,587,909 new ordinary shares. The balance of the funds, £355,139, is expected […]