Northern Minerals (ASX: NTU) is well-managed, with an outstanding project, generating strong gains in an unloved sector (rare earths)
MineLife
Northern Minerals (ASX: NTU) is well-managed, with an outstanding project, generating strong gains in an unloved sector (rare earths). The company is the sole rare earths company in our coverage. Its share price has firmed from a recent low of $0.11 during May to a recent high of $0.285 this month on the back of extremely strong trading volumes. Not bad for a stock in a sector (rare earths) that hasn't received much positive press of late (think Lynas Corp). What it shows of course is that high-quality companies with expert management teams and robust projects can still provide outstanding returns for investors. The recently completed PFS has confirmed robust project economics for its Browns Range Project in WA, where the aim is to commence rare earths production by H2 2016.
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).
Expertise
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).