Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
In an interview with ProEdgeWire, Donald Burton, President, Namibia Rare Earths Inc. (TSX: NRE) described the Lofdal rare earths project in the northern region of the country as a “…brand new rare earth mineral district on a scale of about 200 square kilometres.”
The project has an estimated 75-80% heavy rare earth oxide content of the deposit.
Frontpage image courtesy Nambia Rare Earths Inc.
