ST GEORGE MINING ORD
St George Mining Reports High-Grade Drilling Success at Araxá Project in Brazil
St George Mining (ASX: SGQ) has identified significant upside with high-grade diamond drilling results at its new Araxá rare earths and niobium project in Brazil. The company only acquired Araxá in late February, and through a calculated exploration strategy has already de-risked what it believes is a potentially world-class project in an area containing significant niobium mining […]
St George Mining’s Capital Raise for Araxá Project in Brazil Sees Big-Name Backing
St George Mining (ASX: SGQ) can count Australia mining figurehead Gina Rinehart’s Hancock Prospecting among those backing a $72.5 million capital raising to support development of its Araxá rare earths-niobium project in Brazil. The placement will see St George issue 725 million new ordinary shares at a price of $0.10, with Hancock Prospecting taking up 225 […]
St George Mining Unveils Major Rare Earths Discovery at Araxá Project in Brazil
St George Mining’s (ASX: SGQ) ambitions to be a key link in the US rare earths and critical minerals supply chain have been boosted by the confirmation of a major discovery at the Araxá project in Brazil, which it acquired in February. Drilling at the project’s East Araxá target has confirmed thick intervals of high-grade […]
St George Mining gains local backing for Araxá rare earths and niobium project in Minas Gerais
St George Mining (ASX: SGQ) has received backing from government officials in Brazil for its plans to hunt for high-value rare earths in the country. After signing an initial co-operation agreement with the State of Minas Gerais in Brazil, the company is now attracting strong support from the local community. The agreement with Minas Gerais […]