PEK 2.78% 18.5¢ peak rare earths limited

Ann: Ngualla SML being considered by Mining Commission, page-73

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    Dr Bideko .. new mining minister - Peak had dealings back in early 2018:


    At a meeting with Peak’s General Manager of Development, Lucas Stanfield on Wednesday 18 April 2018, the same day thatthe appointments were announced, the Deputy Minister, Hon. Dotto Biteko confirmed his previous affirmations thatthere is a large backlog of mining licence applications that need to be considered by the Mining Commission once itbegins work. Due to this backlog the Deputy Minister confirmed that they would adopt a fast track process to clearas many applications in as short a time as possible. The Deputy Minister Hon. Nyongo had previously also confirmedat a meeting with Peak’s CEO in December that due to their strategic importance to the country the SML applicationswill be given priority over standard Mining Licence Applications. At the same meeting the Assistant Commissionerfor Minerals confirmed that as of December there were only three pending SML applications of which Peak’s is one.   DYOR

 
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