Australian is the world's biggest free online database of information on Australian resource companies.

This website has up-to-date details on over 1000 separate listed and unlisted organisations, including what they mine (or explore) for, how much of any given resource they have in the ground, or in reserve, the location of their operations, corporate details, news, links and history. Find out more

Australian Shares

Australian Shares Sparty's Blog

Comments on this blog should never be taken as investment advice

Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.

Main ForumGreenland Energy update: Unique non-refractory ore minerals, readily liberate middle - heavy REEs

  • June 2015 Quarterly Report



    • Kvanefjeld Feasibility Study complete, confirms the project can be developed to become a cost-advantaged, diversified producer of rare earth products, uranium, zinc and fluorspar
    • Key advantages of the project include:
      • A world class resource ba se that remains open to expansion and further development opportunities
      • Unique non-refractory ore minerals, that readily liberate middle - heavy rare earths and uranium
      • A simple process flow-sheet that has been rigorously developed, backed by pilot plant operations
      • Clear potential to become a dominant producer at the low of the cost-curve, for multiple decades
    • Maiden Ore Reserve Estimate established - 108 million tonnes, sufficient to underpin initial 37 year mine-life (factors in Q1, 2015 metal prices)
    • Large-scale beneficiation pilot plant operation successfully operated in Finland in association with the EURARE program that processed 26 tonnes of ore to generate 2 tonnes of mineral concentrate
    • Independent Danish experts visit south Greenland to provide facts in relation to uranium, rare earths, radioactivity and the environment
    • Regulatory developments - international safety conventions associated with radioactive materials now in public hearing in Greenland
    • Company focus now on finalising the Environmental and Social impact Assessments that supplement the Feasibility Study which will complete material for a mining license application

    To read full ASX Announcement go to: 

Want to take part in this discussion? Click one of these: Sign In Apply for Membership

Australian Shares Forum Options


Howdy, Stranger!

It looks like you're new here. If you want to take part in the discussions, click one of these buttons!

Sign In Apply for Membership