All tagged Northern Minerals ASX:NTU
Australian heavy rare earths producer Northern Minerals (ASX: NTU) has recommenced exploration drilling at Browns Range following the recent successful program at Dazzler. Dazzler is part of the Browns Range Project in the East Kimberley region of Western Australia.
Australian heavy rare earths producer Northern Minerals (ASX: NTU) has announced that final assays from reverse circulation drilling at Dazzler have confirmed the high-grade nature of the deposit. A program of RC drilling was completed in May, with 17 holes for 1143m completed at Dazzler and 5 holes for 300m at Iceman.
Against the backdrop of a turbulent and uncertain global economic climate, Australia’s resources sector hosts the commodities that are both shielded from and most exposed to fallout from the rising geopolitical tensions we face today. So, what then, can we expect in the years to come?
Australian heavy rare earths producer Northern Minerals (ASX: NTU) has announced assay results from recently completed diamond drilling at the Dazzler and Iceman prospects, part of the Browns Range Project in the East Kimberley region of Western Australia.
In a worrisome week for worldwide economies, there were still pockets of good news to be found on the Australian market – even outside of the gold sector.
Australian heavy rare earths producerNorthern Minerals (ASX: NTU) has entered into a subscription agreement with Baogang Group Investment (Australia) Pty Ltd (BGIA) to raise $20 million under a private placement.
Australian heavy rare earths producer Northern Minerals (ASX: NTU) has commenced a Scoping Study to the investigate separation technology on intermediate mixed rare earths materials produced at Browns Range. If adopted, this technology will allow Northern Minerals to produce separated rare earth oxides, including dysprosium oxide and terbium oxide for sale directly to permanent magnet makers globally, rather than a mixed heavy rare earth carbonate that currently requires separation in China.
Northern Minerals (ASX: NTU) has announced that, further to recent announcements in relation to the Company’s $30 million placement, it has received a further $7.86 million in subscription funds.
Northern Minerals (ASX: NTU) has entered into an offtake agreement with thyssenkrupp Materials Trading Gmbh (thyssenkrupp), one of the world’s leading raw material distributors from the Materials Services business area, for 100% of offtake from the Browns Range Pilot Plant Project.
Northern Minerals (ASX: NTU) has terminated the Rare Earths Carbonate Offtake Agreement with Lianyugang Zeyu New Materials Sales Co., Ltd (JFMAG) announced on 6 April 2017 due to JFMAG being in breach of the agreement and not rectifying the breach within the required timeframe.