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TRADING UPDATES: Rainbow Rare Earths Burundi exports suspended Wed, 14th Apr 2021 21:40 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Rainbow Rare Earths Ltd - rare earth metals projects in Burundi and South Africa - Notes suspension order from Burundi government on the export of concentrate produced from trial mining and processing operations at its Gakara project in Burundi, which is focues on bastnaesite and monazite. Says development does not impact on Rainbow s ongoing exploration, trial mining and processing operations. Whilst we are currently uncertain of the origins of this development in Burundi, I am in Burundi, undertaking ongoing, constructive discussions with the Ministry and other stakeholders to resolve this issue and allow exports to recommence. Whilst we have suspended the shipment of concentrate from Gakara, we plan to continue to conduct exploration, trial m

Glasgow
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United-kingdom
Botswana
Serowe
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Burundi
Sweden
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Gakara
Makamba
Switzerland