14:31 Fri 21 Jul 2017
Rainbow Rare Earths - Gakara Rare Earth Mine Inauguration Ceremony
FOR IMMEDIATE RELEASE
Mine Inauguration Ceremony
Rainbow, the rare-earth element mining company, is pleased to announce that it hosted His Excellence The President of the
Guests attended a series of speeches and traditional Burundian cultural celebrations in the town of Mutambu, located close to Rainbow's first mining area at Gasagwe, where first production and sales of rare earth concentrate is targeted in Q4 2017. Speeches were delivered by His Excellency Mr
"Our mining activity at Gasagwe continues to make great progress in readiness for the commissioning of our processing plant and first sales of rare earth concentrate as planned in Q4 this year. The commencement of production at Gakara is timely as market prices for rare earths have strengthened significantly in the period since Rainbow's IPO and these increases will directly impact our anticipated sales revenues."
**ENDS**
For further information, please contact:
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Tel: +44 (0) 20 3910 4550 |
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Susie Geliher |
Tel: +44 (0) 20 7236 1177 |
Notes to Editors:
Rainbow's focus is the
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