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Proactive mining news: Harvest Minerals ends year with a flourish
Also featured: Alecto Minerals, KEI Minerals, Kibo Mining, Mariana Resources, Mkango Resources, Vast Resources
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CVE:MKA
Mkango Resources Ltd is moving towards production at its rare earth recycling venture in the UK, Germany and the USA. The company’s HyProMag venture uses Hydrogen Processing of Magnet Scrap (HPMS) to recycle rare earths. HyProMag’s technology has been selected by the transnational association Minerals Security Partnership (MSP) for support as one of its key projects. The rare earth magnet recycling technology was selected by MSP due to its strong potential to contribute towards the development of responsible critical mineral supply chains.
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Also featured: Alecto Minerals, KEI Minerals, Kibo Mining, Mariana Resources, Mkango Resources, Vast Resources
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A glance at some of the stories on the Proactive newswire today
Will Dawes, chief executive of Mkango, said the deal should transform the company.
Mkango Resources Ltd, the rare earths explorer, reported a jump in total assets with its third quarter earnings on Monday
Outlined at Songwe Hill is already an inferred and indicated resource of 32mln tonnes of rare earths
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A look at some of the news stories from the junior mining sector last week
The results are the first since it listed on London's AIM on June 15, raising £1mln in the process.
Mkango Resources investor Christopher Williams on June 15 acquired 4,257,754 common shares of the company at a price of six cents per common share ($255,465 in total)
The survey covered Mkango's Phalombe licence though not the flagship Songwe Hill project
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A round up of the week's mining headlines from Proactive.
Cello reports "noticeable impact" from Brexit, Tern reports a big jump in total assets, and Green Dragon has a production boost in China.
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A weekly round up of the mining news from the world of Proactive.