Rare-earth element mining company Rainbow Minerals on Monday said its mining and plant construction timetable at the Gakara deposit, in Burundi, remains on track to deliver first rare earth concentrate for sale in the fourth quarter. Mining to remove overburden started at initial mine site Gasagwe in April, ahead of stockpiling the high-grade material from the main vein, with the discovery of several unrecorded veins at Gasagwe further supporting the company’s confidence of significant upside to the known mineralisation.
