EXPLORATION & DEVELOPMENT

Peak optimistic about Tanzania 

Peak Resources (AU:PEK) has submitted the mining licence for its 75%-owned Ngualla rare earths project in Tanzania and is optimistic about receiving approval despite Tanzania's changing attitude towards foreign mining companies. 

Once running, the Ngualla project will produce around 8,000tpa of NdPr product

Once running, the Ngualla project will produce around 8,000tpa of NdPr product

According to its completed bankable feasibility study update, the US$201 million Ngualla project will produce around 8,000 tonnes per annum of neodymium-praseodymium (NdPr) product at a break-even cost...

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