Iron ore price weakens as Australia flags return to sub-$100 prices
Futures dropped for a fourth day in Singapore, to trade about 3% lower for the week.
Crossland Uranium Mines (ASX:CUX) plans to issue a report next month on an illuvial heavy mineral rare earth element resource at its 50% owned Charley Creek project in Northern Territory.
A 16.7 tonne quantity of alluvial material has been obtained from the Cockroach prospect for testwork to investigate a heavy mineral process flowsheet and to generate samples of heavy mineral product for initial marketing and additional process development tests.
Crossland says that the Charley Creek alluvials should be low cost sources of heavy mineral concentrates with high concentrations of REE and/or zircon.
