Company
Lindian Resources Ltd
ASX:LIN
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Lindian Resources makes strong drilling progress at Kangankunde Rare Earths Project in Malawi
“I reiterate that the Kangankunde Rare Earths Project is globally significant and the drilling program now underway can be expected to confirm and build on previous historical work,” said CEO Alistair Stephens.
Lindian Resources kicks off maiden drilling for rare earths at Kangankunde
“This is the first drill program at Kangankunde since the 1990s. It will form the basis toward a mineral resource estimate under the 2012 JORC code, or at a minimum, an exploration target,” said CEO Alistair Stephens.
Lindian Resources mobilising equipment for 12,500 metres of drilling next month at Kangankunde REE Project
“The Lindian team has completed a substantial amount of the initial planning for the upcoming drill program. Kangankunde is the world’s best undeveloped rare earths project and this program is instrumental in the assessment of the extent an
Lindian Resources shareholders approve Malawi rare earths acquisition
Exploration and project development works will kick off within the next few weeks along with Lindian’s maiden drill program.
Lindian Resources buoyed by community endorsement of Kangankunde work plan; seeks shareholders' approval tomorrow
Company chief executive officer Alistair Stephens has secured a unilateral directive to advance Kangankunde after holding a series of meetings with authorities during a site visit to the district.
Lindian Resources acts quickly to assess Kangankunde Rare Earths Project acquisition target in Malawi
Planning is underway for the first phase of exploration and project development works which will kick off next month along with Lindian’s maiden phase drill program.
Lindian Resources completes first payment for Kangankunde Rare Earths acquisition
Lindian has the right, but not the obligation, to make the remaining payments sooner, to accelerate the acquisition.
Lindian Resources appoints new CEO to help drive Malawi rare earths acquisition to JORC resource
The company hopes its new CEO with his advanced strategic tactical perspective to project development and operational implementation can help it take big strides in progressing operations.
Lindian Resources snaps up coveted rare earths project in Malawi; shares up 44.5%
The deal, which would see Lindian purchase the controlling company of the rare earth project in Malawi, has been bolstered by a $3 million share placement to a single investor, and shares in the company are today riding high on the news.
Lindian Resources to raise $2 million to position itself for Rift Valley Acquisition
“We are pleased to have secured this investment at a premium to the company’s current market price, and the confidence that it demonstrates regarding Lindian’s ability to successfully close negotiations regarding the potential acquisition o
Lindian Resources reaches out-of-court settlement and can focus on rare earths acquisition
“I am pleased that we have been able to reach agreement to settle these legal proceedings, which were a significant ongoing distraction to the company’s activities,” Lindian chairman Asimwe Kabunga says.
Lindian Resources completes $1 million share placement, offsets $300,000 loan
The $1 million placement offsets a $300,000 loan from Kabunga Holdings Pty Ltd and frees the company of debt. Lindian believes it is now well placed to advance its other assets with low monthly costs and modest forecast project expenditure.
Lindian Resources secures short-term loan to continue advancing bauxite projects in Guinea
The company is advancing its three-bauxite exploration and development projects in Guinea - Gaoual, Woula and Lelouma.
Lindian Resources builds ‘world-class’ African bauxite portfolio as aluminium market outlook strengthens
The company secured eight more highly prospective bauxite tenements over the financial year, culminating in a 'world-class' African bauxite portfolio well placed to leverage growing aluminium demand.
Lindian Resources continues to advance three bauxite projects in Guinea
Lindian has a complementary blend of bauxite assets with favourable attributes: some are close to the coast, they are exceptionally high quality with high grades, and they are massive untapped resources.
Lindian Resources makes solid progress towards bringing Guinea bauxite projects to production
“Lindian has a complimentary blend of bauxite assets with excellent attributes: some are close to the coast, they are exceptionally high quality with high grades, and they are massive untapped resources," says chairman.
Lindian Resources to fuel the future with 1 billion+ tonne Guinean bauxite resources
Lindian is the only ASX-listed junior with access to such rich bauxite resources in Guinea, the world’s second-largest producer.
Lindian Resources appoints Shannon Green to the role of managing director
The company advises that current director Steve Formica has resigned from the board to pursue other business opportunities.