Rainbow is fast tracking the development of the high grade Gakara project in Burundi, seeking to bring this into production in the near term whilst continuing to scope out the potential of the wider project area. With its high grade ore, simple mineralogy and low cost mining requirements, Gakara is well positioned to provide a high quality product to the global rare earth market.
Rainbow’s board, technical team and consultants have extensive experience in mining and exploration in Africa. Between them, they have a strong track record of bringing mines into production and have in-house expertise in the processing of rare earths, knowledge of the rare earth markets and a wide range of contacts with potential offtakers.
Rainbow forms part of Pella Resources Limited, an Africa focused natural resource and energy group with over 50 years’ experience in successfully developing mineral and energy projects across the continent. Pella has an emphasis on socially responsible investment and the promotion of local partnerships, and has a proven track record in mine discovery, development and value creation.