Gakara — project

rainbowrareearths

Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.

Mining

Type

Suspended

Status

🇧🇮 Burundi

Country

Project information

Aggregation level: Asset

Report standard: -

Ownership %: 90

Operator: Yes

Extraction: Underground

Description

High-grade vein-hosted rare-earth project in Burundi, held through subsidiary Rainbow Mining Burundi with a non-controlling interest held by the Government of Burundi. The project remained on care and maintenance throughout the year at the request of the Government of Burundi; the RMB bank account remains suspended by the government and ongoing care-and-maintenance costs of about US$0.1 million were incurred. No current mineral resource is reported in the period.

Mining metrics

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