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Rainbow Rare Earths looking at break-even and beyond from second half 2019

Martin Eales, chief executive of Rainbow Rare Earths Ltd (LON:RBW), tells Proactive London's Andrew Scott they've got a plan in place to take the miner's financial performance to break-even and beyond.

Eales says a lot's been learned about their mining operation from the first full year of production and it now makes sense to further de-risk the  project and improve production by adding additional mining areas.

Quick facts: Rainbow Rare Earths Limited

Price: 3.9 GBX

LSE:RBW
Market: LSE
Market Cap: £14.83 m
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Rainbow Rare Earths CEO talks Kiyenzi drilling results and new Zimbabwe licenses

Rainbow Rare Earths (LON:RBW) CEO George Bennett caught up with Proactive London's Andrew Scott at Mines and Money 2019. RBW's recently acquired 10 mining claims covering a total of 12.6km² secured in northern Zimbabwe. Bennett also updates on recent drilling at Kiyenzi in Burundi.

on 25/11/19

2 min read