Arafura Resources has announced a strategic agreement with a major Korean multinational, to potentially develop its Australian rare earths deposits in joint venture.
Perth companies Arafura Resources and Raisama have both slashed the size of their board of directors, in order to cut costs as they continue long-running negotiations over the funding and developme
Stocks in Perth-based miner Arafura Resources rose after the company announced exploration drilling had uncovered a substantial new rare earths discovery near its Nolans Bore deposit in the Norther
Arafura Resources stocks have soared after it signed a letter of intent with ThyssenKrupp Metallurgical Products to develop a long-term commercial agreement for the sale of rare earth oxide product
Perth-based Arafura Resources has secured a site for processing plant for its Nolan's rare earths project, with the purchase of 800 hectares of land at Whyalla in South Australia from OneSteel.
Perth-based engineering and project management firm AMEC Minproc has won a contract to produce a bankable feasibility study for Arafura Resources' Nolans rare earths project in South Australia.
Rare earths company Arafura Resources has denied that the decision by East China Exploration & Development Bureau not to support the company's $90 million capital raising has left a gap in its future funding requirements.
Arafura Resources' plans to raise $90 million via a share placement to progress its Nolans project north of Alice Springs have suffered a blow after East China Exploration and Development Bureau declined an offer to acquire shares in the placement.
Arafura Resources has unveiled plans to raise more than $35 million to advance studies at its Nolans project in the Northern Territory in a bid to meet growing demand for rare earths.
Rare earths project developer Arafura Resources has appointed current non-executive director and Cristal Global executive Dr Stephen Ward as its new managing director.
Arafura Resources has further strengthened its ties with its major Chinese shareholder, which has agreed to take a 51 per cent stake in the Jervois iron-vanadium project in the Northern Territory.
Chinese company, East China Exploration, is set to take a 25 per cent in Perth-based Arafura Resources after subscribing to $24 million worth of shares at a significant premium.
Perth-based Arafura Resources has become the latest miner to sign an investment deal with a Chinese company, which has agreed to inject at least $8 million in return for a major shareholding.
Perth-based explorer Arafura Resources Ltd has accepted a $20 million loan from US-based investment fund YA Global Investments for the progression of the feasibility study into its Nolans rare earth-phosphate project.
Investors trying to pick the next big thing in the resources boom poured their money into a diverse group of Western Australian companies last year, including iron ore, coal and phosphate stocks.
Perth-based mineral explorer Arafura Resources NL has raised around $18.5 million through a placement to fund the operation of a rare earths treatment plant and further drilling at its Nolans project.
Perth based mineral explorer Arafura Resources NL has won Federal Government approval to mine gold at its Mt Porter gold project in the Northern Territory, clearing the way for it to commence opportunity assessments.
Perth company Arafura Resources NL is to spin-off its Northern Territory uranium projects into a new, as yet unnamed, company. The move will leave Arafura as a gold and rare earths company based on its substantial Nolans Bore rare earths, phosphate and ur
Arafura Resources Ltd today announced it had raised $5.6 million to pursue exploration and development programs of its rare earths, uranium and gold projects.
