In a series of company-making deals, Northern Minerals has secured $54m in funding for its emerging Browns Range rare earths project

In a series of company-making deals, Northern Minerals has secured $54m in funding for its emerging Browns Range rare earths project. The company is our sole Portfolio rare earths exposure and its massive ~10,500 sq km acreage package within the Gardiner-Tanami province has enormous potential to develop into a robust mining operation, supplying high-quality rare earths to a burgeoning Asian market. The company has over the past week announced important funding developments, including a $4m loan facility with Macquarie Bank, along with a potential new $49.5m funding partnership with Jien Mining. Northern Minerals' share price performance has defied poor sentiment within the broader junior resource sector.


Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.