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05-15	Africa Oil First-Quarter Profit Drops on Lower Production	MT
05-15	Africa Oil Brief: Q1 Net income basic per share US$0.01	MT

Altona Rare Earths mineral resource estimate as hoped

September 25, 2023 at 06:16 pm

Altona Rare Earths PLC - mining exploration company focused on the evaluation, acquisition and development of projects in Africa - Announces its maiden JORC compliant mineral resource estimate for its Monte Muambe rare earths project in Mozambique. Says this shows 13.6 million tonnes at 2.42% rare earth oxide using a cut-off grade of 1.5% rare earth oxide. Says the estimate, which is focused on the high-grade zones of the deposit, is in line with its expectations.

Current stock price: 4.25 pence

12-month change: down 29%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	487 PTS	-0.09%	+3.18%	-
S&P AFRICA 40 INDEX	167.9 PTS	+0.56%	+3.76%	-
ALTONA RARE EARTHS PLC	1.375 GBX	+3.77%	+3.77%	1.45M

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