IM Rare Earths News in Brief 10 – 16 November

By Myles McCormick
Published: Monday, 16 November 2015

PFS results for Songwe Hill and Yangibana; Frontier reports increased loss for Q3; Goa among Indian states to be mapped for rare earths reserves.

TSX-V-listed Mkango Resources Ltd released the results of a pre-feasability study (PFS) for its Songwe Hill Rare Earths project, which estimated the site’s after tax net present value (NPV) at $345m with an internal rate of return (IRR) of 37%, based on a long term rare earth basket value of $59.8/kg rare earth oxide...

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