News Articles for Peak Rare Earths

In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. In this second part of an occasional series, Bulls N' Bears takes a look at some of those companies which have prospered after jumping into the business bed with a major partner.

Our board moves wrap includes Phillip Gallagher, Jean-Sebastien Boutet, Alistair Cowden, Brett Fraser, Mike Sutton, David Greig, Russell Scrimshaw, Tony Pearson, and Bardin Davis.

Peak Rare Earths shares lifted as much as 13 per cent on the news that former Fortescue Metals Group deputy chief executive Russell Scrimshaw would become the junior's new chair.

Shenghe Resources is set to become a major shareholder in Tanzania-focused Peak Rare Earths after buying a 19.9 per cent stake in the company for well above market price.

Strandline Resources' shares rose 7 per cent this afternoon, as the company and two other WA-based junior miners finalise agreements with the Tanzanian government.

Western Australian companies OreCorp, Black Rock Mining and Peak Rare Earths will finalise agreements with the Tanzanian government this month to develop their projects.

Shares in Perth-based Hot Chili have risen by more than 20 per cent after the copper explorer said it had secured funds to complete its purchase of an overseas project.

Our board moves wrap includes Brad Adams, Rob Jorden, Giselle Collins, Rebecca Morgan, Jonathan Murray, Leon Kemper, and Richard Davis.

Today's board moves wrap includes Wilson Lim, Bruce McFadzean, Bradley Marwood, Anthony Rovira, Trevor Benson, Brett Dickson, Jonathan Murray, Dev Shetty, Tara Robson, and Phillip Coulson.

Today's board moves wrap includes Daniel Madden, Philip Rundell, Graeme Scott, Matthew Foy, David McEntaggart, and Anil Sabharwal.

Our board moves wrap includes Juan Santamaria, Marcelino Fernandez Verdes, Adolfo Valderas, Angel Muriel, Dale Ginn, Robert Jewson, Phil Warren, Mark Ewing, Greg Boulton, David Turvey, Craig Hart, Richard Little, Sean Gregory, Robert Klug, Abdullah Mwinyi, Jessamyn Lyons, Julia Beckett, Shaun Menezes, and Ian Hobson.

Our board moves wrap includes Dimitri Bacopanos, Anthony Pearson, Bardin Davis, Andrea Sutton, and Jason Greive.

Our board moves wrap includes Phil Schwan, Charles Ramsden, and Rocky Smith.

Our board moves wrap includes Brent Cook, Neil Norris, Peter Meurer, Anthony Pearson, and Robert Sennitt.

Blackstone Minerals is raising $6.8 million from a share placement to an overseas nickel manufacturer, as part of an agreement to co-develop a nickel processing facility in northern Vietnam.

Centaurus Metals' chief financial officer, John Westdorp, has taken over the role of company secretary from Paul Bridson.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Liontown Resources, Genesis Minerals, Peak Resources, and Marindi Metals have all made capital raising announcements today as they seek to advance exploration projects.

Noel McAuliffe has been appointed chief financial officer and company secretary of Birimian. He replaces Nick Longmire who has served in those roles on a part-time basis since November 2017.

ResApp Health, a digital health company developing smartphone applications for the diagnosis and management of respiratory disease has appointed Nathan Buzza as non-executive director.

David Hammond has been appointed chief operating officer and director of Rift Valley Resources.

Chris Evans has been appointed chief operating officer, a newly created position, at Altura Mining. He has been Altura's general manager of operations since July 2015.

Mining executive Darren Townsend has left the top job at Peak Resources to become the chief development officer at Neometals, though he will continue at Peak as a non-executive director.

Six local resources companies have announced capital raisings of around $26 million for projects including in lithium and rare earths, with one of the businesses, Okapi Resources, planning to join the ASX bourse.

Peak Resources has progressed its majority owned Ngualla rare earth project in Tanzania with the release of a bankable feasibility study today, which revealed a development capex of $US356 million ($A475 million).

Rare earths miner Peak Resources plans to restructure its funding arrangements to increase its stake in the Ngualla joint venture, with a $7 million capital raising put forward to investors.

Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.

Jonathan Murray has been appointed as a non-executive director of Vietnam Industrial Investments.

SPECIAL REPORT: The potential for mass production of electric cars is among a number of high-technology trends sparking interest in Western Australia's lithium sector, with a series of companies touting projects to meet a forecast surge in demand.

Western Australia has an opportunity to break the Chinese stranglehold on the rare earths industry, but the state needs a success story to build investor confidence.

Peak Resources has appointed engineering firm Amec Foster Wheeler for its Ngualla rare earth project in Tanzania after locking in a $5 million interim loan.

Peak Resources says it has received an investment proposal from International Finance Corporation, which wants to join a consortium with Appian Natural Resources Fund in its $US25 million funding deal.

Peak Resources has secured a $28.6 million funding deal with mining and metals equity investor Appian Natural Resources Fund, to assist in financing a bankable feasibility study at its Ngualla rare earth project in Tanzania.

Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.

Darren Townsend has been appointed managing director of Tanzanian minerals explorer Peak Resources.

Peak Resources has released a revised scoping study for its Ngualla rare earth project in Tanzania, which flags significant reductions in costs and an option to double planned production from the m

Junior mining stocks Orinoco Gold and Peak Resources have bolstered their coffers with capital raising that will raise a total of $6.1 million.