Arafura Resources’ rare earth project has significant catalysts in the current year: Patersons
Production is targeted for 2022, with the company actively seeking offtake partners and funding.
Company
Arafura Rare Earths Ltd
ASX:ARU
Arafura Rare Earths Ltd is developing the Nolans rare earths project in the Northern Territory of Australia.
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More encouraging tungsten and copper results from Thor Mining’s Bonya deposits
Thor is making good progress with exploration work at Bonya
Arafura Resources posts high-grade tungsten and copper results from drilling and XRF analysis at Bonya project
The results are preliminary and subject to confirmation in laboratory work, expected to be complete within four weeks.
Arafura Resources chairman buys 150,000 shares on-market
The company’s flagship asset is its Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory.
Arafura Resources interim drill results from Bonya better than expected
Preliminary drill results measured with a portable XRF gun show broad high-grade tungsten.
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Thor Mining posts encouraging initial results from drilling at Bonya
Assay results are likely to be available within four weeks
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Thor Mining commences drilling at the Bonya tungsten project
Bonya lies adjacent to Thor's flagship Molyhil project
Arafura Resources welcomes partner's first RC drilling at Bonya Tungsten Project
Bonya is adjacent to Thor's Molyhil Tungsten Project which comprises tungsten, copper and vanadium.
Arafura Resources raises $3 million in placement for Nolans Nd-Pr Project
The company has signed two non-binding offtake MoUs for rare earth products from the flagship NdPr project in the Northern Territory.
Arafura Resources has capital raising news imminent and is in a trading halt
The company’s securities will remain in a halt until Tuesday, April 16, 2019, or when an announcement is released to the market.
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Arafura Resources updates on rare earth offtake agreements
Arafura has signed two non-binding offtake memoranda of understanding (MoUs) for its three rare earth products to date.
Arafura Resources receives clearance to drill Bonya tungsten
The Bonya project is held in joint venture with operator Thor Mining Plc (ASX:THR) who owns 40%.
Thor Mining says drilling to commence at Bonya deposits after clearance from the Aboriginal Areas Protection Authority
The company said drilling is now expected to commence in early April, with further updates expected on drilling progress, preliminary on-site x-ray fluorescence analysis) followed by formal laboratory assays
Arafura Resources appoints experienced executive Mark Southey as chairman
The company published the results of a definitive feasibility study at the Nolans Rare Earths Project in February 2019 indicating a strong return on investment.
Arafura Resources’ DFS for Nolans models an NdPr supply alternative to China
The project has the potential to be a competitive low-cost source of NdPr oxide for the clean energy industry.
Arafura Resources director makes initial on-market share purchase
Non-executive director Mark Southey has demonstrated his confidence in the company’s magnet metals strategy.