Peak Resources advised that drilling operations have commenced at the Ngualla Rare Earth Project in Tanzania. Peak's Managing Director Darren Townsend commented: "Peak is pleased with the solid progress being made with the development work programs that support the Bankable Feasibility Study and work towards establishing Ngualla as a low cost [...]
PERTH, Australia, February 3, 2015 /PRNewswire/ -- Peak Resources Ltd. ("Peak" or "the Company"; ASX Code: PEK) is pleased to announce signing of formal agreements related to its previously announced funding transactions with Appian and IFC for ~A$29.5 million, which is expected to fully fund Peak's Bankable Feasibility Study ("BFS") for the [...]
PERTH, Australia, Oct. 27, 2014 /CNW/ - Peak Resources Ltd. ("Peak" or the "Company"; ASX Code: PEK) is pleased to announce that International Finance Corporation ("IFC"), a member of the World Bank Group, is proposing an investment in Peak and the Ngualla Rare Earth Project in Tanzania, by joining a consortium with Appian Natural Resources Fund [...]
Dear Shareholder,As outgoing Executive Chairman moving to a Non-Executive role with the commencement of Mr Darren Townsend as your Company's new Managing Director on 3rd February 2014, I am writing to thank you for the continued support you have given the Company and the Ngualla Rare Earth Project. This is most recently reflected by your [...]
Peak Resources is a Perth based mineral exploration and development company whose primary focus is the development of the 100% owned Ngualla Rare Earth Project in Tanzania.The Ngualla discovery is the highest grade of the large undeveloped rare earth deposits and is capable of supporting a mine life of over 50 years at a 10,000tpa rare earth oxide [...]
Perth, Australia (ABN Newswire) - Peak Resources Ltd. (ASX:PEK) (OTCMKTS:PKRLY) is pleased to advise the appointment of Mr. Darren Townsend to the role of Managing Director effective 3rd February 2014.Mr. Townsend has a Bachelor of Engineering Degree (Mining Engineering - Honours) from the West Australian School of Mines as well as an Executive [...]
Peak Resources advises that it has extended the closing date for its current non-renounceable entitlement issue from 13 January 2014 to 20 January 2014As announced on 5 December 2013, the Company offered a non-renounceable entitlement issue of approximately 55,111,377 fully paid ordinary shares (New Shares) on the basis of one (1) New Share plus [...]
Peak Resources is pleased to advise that the Company dispatched today the Entitlements Issue Prospectus dated the 5 December 2013 together with personalised Entitlement and Acceptance Forms to all eligible shareholders.The Company is offering one (1) fully paid ordinary share in the capital of the Company (Share) for every five (5) Shares held by [...]
Peak Resources is pleased to advise that it has executed a Memorandum of Understanding (MoU) with a Chinese rare earth producer for the objective of developing the 100% Peak owned Ngualla Rare Earth Project.The Chinese company is an established rare earth producer based in a port city in northeast Jiangsu Province, with facilities and technical [...]
Peak Resources is pleased to provide a progress report on the development of the Company's 100% owned Ngualla Rare Earth Project and the key studies now nearing completion.Highlights- The Preliminary Feasibility Study (PFS) is well advanced and on track for completion in the first Quarter 2014- A maiden Reserve estimate will follow shortly [...]
Perth, Australia (ABN Newswire) - Peak Resources Ltd. (ACN 112 546 700) (ASX:PEK) (OTCMKTS:PKRLY) (Company) advises that it intends to undertake a one (1) for five (5) pro rata non-renounceable entitlement issue (Entitlement Issue or Offer) of approximately 55,111,377 fully paid ordinary shares (New Shares) at an issue price of $0.06 per New Share [...]
Peak Resources AGM Presentation with the following Investment HighlightsStrategic Materials- Magnet and Critical Rare Earths- High Value Growth MarketsRobust Project Economics - Low OPEX U S$10.18/kg - Low CAPEX U S$373 M (including SX Plant) - Average Annual Revenue US$378 M - Payback in 2nd year - >50 year mine lifeLarge Quality Resource - High [...]
