Hastings to acquire Cadence’s 30% stake in Yangibana rare earth project
Hastings will have a 100% stake across the Yangibana rare earth tenement package after the acquisition.

Hastings will have a 100% stake across the Yangibana rare earth tenement package after the acquisition.
The LOI enables a business combination of QNB Metals and Analog.
At present, LPI has a 51.55% stake in the project while MSB and Bearing have holdings of 31.31% and 17.14%,…
The sale includes one prospecting licence, seven mining leases and one miscellaneous licence that make up the Gunga West project.
The Chulbatkan project has potential to produce around 2Moz of gold during its mine life of seven years.
The deal’s joint sponsors include China International Capital, Morgan Stanley, and CMB International Capital.
Payne Gully’s assets include the Warrambie and Murchison Domain projects in WA, as well as the Tennant Creek project in…
The Canadian firm has received $300m in cash and is due to receive a $40m deferred payment.
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