PM8 0.00% $1.66 pensana plc

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    Metallurgical programmes progressing well with operation of the
    beneficiation pilot plant set to commence in August 2020.
     Optimisation of process parameters to produce an NdPr – rich rare
    earth carbonate is advancing positively, and results will feed into the
    BFS.
     Bankable Feasibility technical studies on track for completion mid
    October 2020

    During the quarter the Company continued with testwork to optimise the
    processing parameters to produce a carbonate. Results will feed into the BFS
    engineering and cost study once completed.
    https://pensana.co.uk/wp-content/uploads/2020/08/30-June-2020-Quarterly-Activities-Report.pdf

    27 July 2020
    Appointment of Paradigm Project Management to
    accelerate mine development
    Pensana Rare Earths Plc (LSE: PRE, ASX: PM8) is pleased to report the engagement
    of Paradigm Project Management Pty Ltd ("Paradigm") as the owner’s
    representative for the Longonjo NdPr Project in Angola, monitoring the on ground
    development of the project on behalf of Pensana.
    Paradigm brings an Afri-centric engineering capacity to the team and will coordinate the Bankable Feasibility Study and deliver the Front End Engineering
    Design ("FEED") for Longonjo's power, water and waste services, offices,
    workshops, camp infrastructure and off-mine facilities including the rail and port
    side facilities.
    Paradigm will work alongside Wood Group’s specialist rare earth process
    engineering team who are managing the metallurgical pilot plant test work
    underway at ALS Metallurgy in Perth, Australia.
    SRK Consulting is working towards a revised Mineral Resource estimate due in
    September and Snowden is preparing the open pit mine optimisation, design and
    cost studies for the Bankable Feasibility Study which is due mid-October.
    https://pensana.co.uk/wp-content/uploads/2020/09/27-July-2020-Appointment-of-Paradigm-Project-Management-to-accelerate-mine-development.pdf
 
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