News Articles for Northern Minerals

Local heavy rare earths producer, Northern Minerals, has executed a letter of intent with Soluna Australia to develop a renewable energy power plant and battery storage facility at Northern's Browns Range mine in the East Kimberley region of Western Australia. Soluna Australia is the energy storage division of ASX-listed Lithium Australia and Chinese joint venture partner, DLG Energy.

The Australian Government Foreign Investment Review Board's rejections of Chinese investments into ASX-listed mining and exploration companies is confounding and building a looming dark cloud over a sector that often lives or dies on the back of Chinese investment. Northern Minerals lost $20m Chinese investment is a good case in point after FIRB, who looks to be captured by anti-Chinese sentiment right now, rejected that application.

Rare earth explorer Northern Minerals is seeking up to $27 million from a capital raising to fund its development projects, as well as cover costs associated with the Browns Range pilot plant.

Panoramic Resources has announced the temporary closure of its Savannah nickel mine in the East Kimberley.

Local heavy rare earths producer, Northern Minerals has upgraded the mineral resource estimate for its Dazzler deposit in north-eastern WA by 50 per cent to 214,000 tonnes and delivered a small uplift in grade to 2.33 per cent total rare earth oxides. The company said Dazzler is now the second largest deposit at its Browns Range heavy rare earths project, behind the Wolverine resource.

Local heavy rare earths developer, Northern Minerals, has sold its second shipment of the year to trading company, Thyssenkrupp, with 114 tonnes exported from Darwin and bound for separation facilities in China. Northern also sold 22 tonnes of heavy rare earth carbonate back in January this year from its pilot plant in north-eastern WA, signalling an increase in output from its Browns Range project.

Heavy rare earths developer, Northern Minerals has hit more solid heavy rare earths intersections at its Dazzler deposit in WA, with one hole returning 15m grading 2.72 per cent TREO from 20m at its Browns Range Project in the East Kimberley region. The ASX listed company continues to build the case for a full-scale plant with its ongoing success with the drill bit.

In a stunning turnaround, AusIndustry has reversed its decision to deny Northern Minerals' $24.16m research and development tax offset grant relating to its Browns Range heavy rare earths plant in the Kimberley. The ATO will now review the claim and it looks likely that the outcome will be so profound that it will allow Northern Minerals to thrive and possibly even submit a further multi-million dollar claim for FY19.

ASX-listed rare earth's producer, Northern Minerals, looks to be potentially onto something in the East Kimberly with some solid results from rock chip sampling, grading up to 2.92% copper at its John Galt Project, located 200 kilometres south of Kununurra in WA. The rock chip sampling program covered an area of 2 kilometres by 500 metres with half of all samples returning high copper grades of 1% or greater.

Heavy rare earths developer and miner, Northern Minerals, has been making good headway with a scoping study into the commercial properties of its rare earths deposit at the Brown's Range project in the East Kimberly region of WA. Consistent with recent radical advancements in science, rare earth's are becoming increasingly valuable sources of materials that are used in electronic, optical, magnetic and catalytic technologies.

The mining sector has welcomed an agreement signed by Geoscience Australia and the United States Geological Survey to collaborate on developing critical minerals assets, which include commodities such as lithium and rare earths.

Northern Minerals has kicked off an RC drill campaign in search of rare earths at its Brown's Range project in the East Kimberly of Western Australia. The company is confident that its new targets are underpinned by strong predictive science and will sink approximately 4000 meters of RC into the Gambit West and Cyclops deposits whilst undertaking more regional drilling at the Rouge target, located about six kilometres along strike from Dazzler-Iceman

Northern Minerals has hit more high-grade dysprosium at its Dazzler prospect just 15km from its Browns Range mine. Assays received by the company following an RC infill and step-out drilling program at Dazzler returned some impressive, near surface intercepts including 7.71% total rare earths oxide, including 7,502 parts per million dysprosium. Dysprosium is typically only mined in China and is in demand from the EV sector.

XiaoHua Liu has resigned as non-executive director of Northern Minerals.

Heavy rare earths producer, Northern Minerals, has started exploration drilling at its Browns Range project in the Kimberley region of WA to follow up recent successes at the emerging Dazzler prospect. The company will carry out 3,000m of reverse circulation drilling at the Dazzler and Iceman prospects and a further 1,500m at the Banshee South, Cyclops, Longshot and Rogue prospects.

Northern Minerals has delivered its best-ever drilling result at the Browns Range project near Halls Creek, WA, with an exceptional 52-metre wide intercept grading 4.15% TREO recorded at the emerging Dazzler prospect. The company also discovered a new ore position just 350m to the southeast of Dazzler and will kick off further drilling in the region starting early next month.

Northern Minerals has delivered high grades of rare earth element mineralisation from drilling its regional prospects at the Browns Range operation near Halls Creek in WA. Results include 16.59m @ 7.53% TREO from 27m at the Dazzler deposit and 4.43m @ 8.07% TREO from 21m at Iceman, up to 10 times the total mineral resource grade currently being mined from the operation 15km to the north.

Northern Minerals is set to raise $20 million via a private placement, the latest in a string of significant capital raisings the rare earths hopeful has undertaken this year.

Northern Minerals has signed an offtake agreement with Thyssenkrupp, replacing its deal with Lianyugang Zeyu New Materials Sales.

Northern Minerals has signed an offtake agreement with German raw material distributor thyssenkrupp Materials Trading for the purchase of all heavy rare earth carbonate produced from its Browns Range pilot plant project near Halls Creek, WA. The offtake agreement will commence immediately, with all current stockpiled product and future production included in the agreement.

Northern Minerals is ramping up the development of its Browns Range heavy rare earths project near Halls Creek, WA, by purchasing an ore sorting module to upgrade mill feed, potentially doubling the ore grade and reducing operating costs. The company recently obtained commitments for a $30 million placement split into three roughly equal tranches, the first of which totalled $11.9m and was received last week.

Northern Minerals is preparing to ramp-up ore sorting, product separation and exploration initiatives for its Browns Range heavy rare earth project, near Halls Creek in the East Kimberley region of WA. The move to progress the project comes after the company received commitments for a $30 million placement priced at 6.2 cents per share split into three roughly equal tranches, the first of which is due to be received on 23 July.

Northern Minerals is set to raise $30 million via a private share placement as it seeks to advance its Browns Range rare earths project in the east Kimberley.

Zelda Therapeutics has announced that on of its directors Mara Gordon, has sold 35.5 million shares.

Krakatoa Resources has announced a capital raising $275,000 by way of a placement at 2.2 cents a share.

ASX-listed Strike Energy will not receive its federal government research and development tax credits for the 2018 financial year, a week after West Perth-based Northern Minerals was ordered to pay back 50 per cent of its $21.56 million R&D rebate for the same financial year.

Northern Minerals has returned encouraging preliminary rare earth element results from portable XRF assaying completed on infill, extension and exploratory RC drilling samples at the Dazzler and Iceman prospects near its Browns Range operation in the East Kimberley region of WA. The company said the results also outlined a new target area just to the northwest of Iceman that is anomalous in the pathfinder element yttrium.

The WA Government's plan to carry out $51m in major road upgrades in the Eastern Kimberley region will directly benefit Northern Minerals' Browns Creek heavy rare earths mine, by providing virtually year-round access to the project tenements from Halls Creek. This will also provide greater certainty for the company to ramp future production from Browns Creek, knowing the product can be transported from site on a regular basis.

Free to read: From resources projects to rooftops, the technological revolution under way in energy will have a lasting impact on Western Australia.

Northern Minerals has kicked off a program of drilling at the high-grade, heavy rare earth Dazzler and Iceman prospects, located south of its Browns Range mining and pilot processing operations near Halls Creek, WA. The short campaign will target infill and extensional positions at both prospects, which will potentially upgrade the existing Dazzler resource and facilitate the estimation of a maiden mineral resource for Iceman.

Northern Minerals has raised $10m via a placement to ramp up exploration and development activities at its high-grade Dazzler and Iceman prospects on the back of positive sentiment for the emerging rare earth sector. The company points to key commodity price increases and the recent unsolicited $1.5b takeover approach by Wesfarmers to rare earth producer Lynas Corporation, as evidence of an increased interest in the sector.

Northern Minerals and Venturex Resources have announced share placements of $20 million and $3.65 million, respectively.

Northern Minerals is raising up to $20m through multiple subscription agreements with a number of sophisticated investors to ramp up exploration at the Dazzler and Iceman prospects in the East Kimberley, WA. The company recently released a maiden resource estimate of 144,000 tonnes grading 2.23% TREO for the Dazzler prospect and expects to release an estimate for the Iceman prospect later this year.

Northern Minerals has generated a maiden mineral resource estimate for its Dazzler rare earths deposit, located 15km south of the Browns Range mining and pilot processing operations in the Kimberley region of WA. The inferred resource contains 144,000 tonnes grading 2.23% total rare earth oxides, which is the equivalent of about 3,200 tonnes of TREO and includes a significant quantity of the sought-after element dysprosium.

West Perth-based Northern Minerals and ASX-listed Golden Rim Resources have announced share placements of $3 million and $2.25 million, respectively.

Northern Minerals is ramping up rare earths output at its Browns Range pilot plant in the East Kimberley region of WA to steady state levels to assess the quality of the rare earth carbonate produced. Data collected from the production of 7.2 tonnes of rare earth carbonate to date has provided the company with a better understanding of its ability to produce rare earths at the required specification.

Crusader Resources is pleased to announce the following updates in relation to the Company's funding position.

Three local junior resources companies are undertaking capital raisings, with Sovereign Metals to raise up to $5.3 million, Global Energy Ventures up to $5 million, and Northern Minerals to raise $3 million.

Threat Protect Australia is pleased to announce that it has recently completed a capital raising of $1.0m through a placement of 4,761,905 fully paid ordinary shares in the Company at an issue pric

Northern Minerals has produced its first heavy rare earth carbonate product for export from its Browns Range pilot plant project, located near Halls Creek in the East Kimberley region of WA. The near 2.6 tonne ore parcel is being sent to Darwin Port for shipment to customers in China. According to the company, the first product shipment meets the high-quality specifications required by its offtake partners.