trending Market Intelligence /marketintelligence/en/news-insights/trending/lg0hRnnvvoTnrJIH0fsKoA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Hastings Technology raises A$12M for rare earths project in Australia

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020


Hastings Technology raises A$12M for rare earths project in Australia

Hastings Technology Metals Ltd. raised A$12 million in a share placement for its Yangibana rare earths project in Western Australia and for general working capital.

Having received firm commitments, the company will now offer 83,916,084 new shares at 14.3 Australian cents apiece and 41,958,042 free-attaching options, with each option to be granted for every two new shares subscribed.

The options are exercisable for 25 cents apiece until April 12, 2022. The settlement of the placement is expected Dec. 16.

Hastings said Dec. 11 that long-term shareholders, including Chairman Charles Lew, supported the capital raising, with Lew agreeing to subscribe to 3,183,000 shares, subject to shareholder approval.

Canaccord Genuity (Australia) Ltd. was lead manager of the placement.

A November revised estimate increased Yangibana's probable ore reserves by 18% to 12.2 million tonnes and extended its mine life to 13 years from 11 years.