IM Rare Earths News in Brief 21 – 27 October
Published: Monday, 27 October 2014
Lynas Corp. raises over $60m to continue production; Alkane Resources addresses public concerns over its Dubbo Zirconia project; Northern Minerals receives environmental approval for Browns Range in Western Australia.
earths miner Lynas Corp. has completed a
pro-rata renounceable entitlement offer to shareholders,
raising Australian dollar (A$) 71m ($62.5m*).
Under this offer, the companys shareholders are
entitled to subscribe for five new ordinary fully paid Lynas
shares for 14 existing shares held as of 3 October, and...