Arafura Increases Groundwater Monitoring at Nolans

Arafura is an Australian-based miner focused on its Nolan’s rare earths project.

Arafura Resources Limited (ASX:ARU) has announced it has increased water monitoring and management activities at its wholly owned Nolans neodymium‐praseodymium project near Alice Springs in Australia’s Northern Territory. Arafura is an Australian-based miner focused on its Nolan’s rare earths project.

As quoted from the press release:

The process of increasing water monitoring activities has included increasing the number of hydrographic stations in local water courses, installing data loggers into monitoring and production bores to provide continuous groundwater data and increasing the frequency of sampling to assess water quality.

Arafura has invested more than Arafura has invested more than AU$3 million to delineate and define the Southern Basin groundwater resource and establish its own bore infrastructure for exploration and project development purposes. The company is now actively monitoring 81 bores in the area, including 22 that have dataloggers permanently installed.

The frequency of regional monitoring has also been increased to provide additional baseline groundwater data. Once finalized, the water management plan will be an integral part of the Mining Management Plan (MMP) required for the grant of the Nolans mining leases.

“The company has spent over AU$3 million delineating and defining this previously undiscovered water system. To date our studies, which were incorporated in the environmental approvals process, have shown the system can support Arafura’s operations in a sustainable manner. This ongoing and expanded monitoring program will reinforce our understanding of the Southern Basin and provide guidance to how we can efficiently manage it for our operations and local communities,” said Gavin Lockyer, Arafura’s managing director.

Click here to read the full press release

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Pink and red diamonds are among the most special gems on earth. The value of these highly sought-after natural stones speaks for itself, but their rarity has arguably increased since the closure of Rio Tinto’s (ASX:RIO,LSE:RIO,NYSE:RIO) Argyle mine.

The asset, which ceased mining activity on November 3, 2020, had been in operation since 1983. In that time, 865 million carats of rough diamonds were produced.

The unique geological chemistry of the Western Australia location birthed the rarest hues, including champagne, cognac, blue, violet and of course, the coveted Argyle pink and red diamonds. Millions of carats of white diamonds were produced at the prolific property as well.

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