3rd Feb 2021 13:50
Rainbow Rare Earths Ltd - Burundi, East Africa-focussed rare earth element miner - Says grades of up to 50% rare earth oxide identified at Burima and Kivungwe, two targets at Gakara asset, Burundi. "These very positive exploration results further reinforce Gakara's significant potential as a 10,000 to 20,000 tonnes per annum concentrate producing operation," Chief Executive Officer George Bennett says.
Current stock price: 11.51 pence
Year-to-date change: up 7.1%
By Eric Cunha; [email protected]
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