https://staging3.creamermedia.com
R/€ = 20.3637 Change: -0.0184
R/$ = 19.1342 Change: 0.0403
Au 2347.97 $/oz Change: -43.87
Pt 934.00 $/oz Change: -9.50
 

Rare Earth Minerals News

Rainbow produces first mixed rare earth sulphate from pilot plant in South Africa

By: Marleny Arnoldi     5th September 2023 London-listed Rainbow Rare Earths has achieved successful first production of mixed rare earth sulphate at the Phalaborwa pilot plant, in South Africa. This validates Rainbow’s process flow sheet to recover rare earths from phosphogypsum.  

It’s getting harder to find mining engineers a green world needs

By: Bloomberg     1st September 2023 Digging up the metals that go into power grids and electric cars is crucial to the energy transition. While the mining industry has plenty of reserves to tap, it faces a worrying shortage of young workers needed to get materials out of the ground. In regions like Canada and the US, enrollment or... 

People working at a mine site

Resource-rich countries facing a double transition

By: Darren Parker     1st September 2023 Resource-rich countries face a double transition – the transition in their energy supplies and the transition in their mining sectors, German Institute for International and Security Affairs senior associate Melanie Müller has said. The growing drive to confront the issues of climate change and... 

Cobalt is one of the critical minerals needed for the energy transition

Risks rise in critical minerals boom

1st September 2023 New environmental and social challenges are likely to arise as the energy transition gains traction and demand for critical minerals increases, reports environmental, social and governance (ESG) insights, tools and data provider Sustainable Fitch. The firm – in its ‘Critical mineral development... 

Medallion appoints interim CEO 

By: Creamer Media Reporter      29th August 2023 Rare earth elements company Medallion Resources on Monday announced the appointment of Gabriel Alonso-Mendoza as interim CEO, following the resignation of Alfredo Ramos Plasencia as CEO and director. Alsonso-Mendoza is the founder and managing partner of Amvest Capital, a specialist investment... 

Pensana announces promising soil sampling results on Coola licence

By: Marleny Arnoldi     29th August 2023 London-listed Pensana says results from a soil sampling programme at the Sulima West target, at its Coola licence, in Angola, clearly identifies an area of about 500 m by 300 m, or 15 ha, with total rare earth oxides (TREO) grading more than 2%. Notably, the area contains a core zone of... 

Soil sampling at Sulima West has identified a 500 m x 300 m zone with greater than 2% TREO, with high-grade core of more than 4% TREO
Soil sampling at Sulima West has identified a 500 m x 300 m zone with greater than 2% TREO, with high-grade core of more than 4% TREO

Canada Rare Earth set to become majority owner of Brazil tailings project

By: Creamer Media Reporter      29th August 2023 TSX-V-listed Canada Rare Earth has obtained the right to increase its ownership in the Bom Futuro tailings property in Brazil to a controlling 53% and to become the operator for the project. The company currently owns 20% of Bom Futuro and will increase its interest by arranging financing for... 

Lynas unveil cost increases at Kalgoorlie

By: Esmarie Iannucci     29th August 2023 Rare earth miner Lynas has announced a cost-blow out at its Kalgoorlie rare earths processing facility, while falling revenue and inflation pressures have eaten into profits for the year ending June. Lynas CEO and MD Amanda Lacaze said on Tuesday that an updated project budget for the Kalgoorlie... 

Image shows the Kalgoorlie facility under construction

RareX redefines Cummins Range plans

By: Esmarie Iannucci     22nd August 2023 An enhanced scoping study for the Cummins Range rare earths project, in Western Australia, has identified a direct shipping ore (DSO) phosphate project as a potential Stage 1 operation. ASX-listed RareX on Tuesday reported that enhanced scoping study built on the 2022 scoping study, which... 

Pensana progresses upfront cost reduction of planned Longonjo mine

By: Marleny Arnoldi     21st August 2023 London-listed Pensana has advised that it is on track to re-engineer the Longonjo project, in Angola, to reduce its upfront capital cost to $200-million and complete financial due diligence for main financing of the project in the coming quarter. The redesign will see Longonjo produce a... 

Pensana's Longonjo mine

In-country partnership boosts project progress

By: Nadine Ramdass     18th August 2023 Partnership with Namibia-based company KDN Geo Consulting CC has significantly improved the progress made at Australia-based explorer and developer Cazaly Resources’ two projects in Namibia, says Cazaly Resources MD Tara French. Cazaly’s projects in Namibia consist of the Abenab North project,... 

Altona hits best rare earths intersection at Mozambique project to date

By: Marleny Arnoldi     16th August 2023 London-listed Altona Rare Earths has drilled ten reverse circulation holes at its Monte Muambe rare earths project, in Mozambique, for a total 790 m. So far, drilling at Target 3 has confirmed the presence of high-grade ore, while drilling at Target 4 returned a find of 76 m grading 3.4% total... 

Peak signs offtake deal for Ngualla

By: Esmarie Iannucci     9th August 2023 ASX-listed Peak Rare Earths has inked a binding offtake agreement for all of the rare earth concentrate from its Ngualla project, in Tanzania, for an initial seven-year term. The company on Wednesday said subject to subsequent binding offtake agreements, Singapore’s Shenghe Resources would also... 

Japan signs deal with Namibia to explore for rare earth minerals

By: Reuters     8th August 2023 Japan on Tuesday signed an agreement with Namibia to jointly explore for rare earth minerals as part of its broader plan to develop supply chains for cobalt and other minerals used in making electric vehicle batteries. The Japan Organization for Metals and Energy Security (JOGMEC) will... 

Board approval for first new US rare earths mine in 70 years 

By: Mariaan Webb     8th August 2023 Initial mine development work on the Brook rare earths mine, in Wyoming, will start in the fourth quarter, Nasdaq-listed coal miner Ramaco Resources announced on Monday. This will be the first new rare earths mine in the US since the Mountain Pass mine in California in 1952. Currently, Mountain... 

Ramaco CEO Randall Atkins says Brooke will be the US' first carbon ore and rare earth mine.
Ramaco CEO Randall Atkins says Brooke will be the US' first carbon ore and rare earth mine.

Lynas remains committed to Malaysia - Lacaze

By: Esmarie Iannucci     8th August 2023 Rare earths miner Lynas has no plans to abandon its Malaysian operations with the start of refining activities in the US. Speaking on the sidelines of the Diggers & Dealers conference, Lynas MD and CEO Amanda Lacaze the Malaysian operations would remain an integral part of the Lynas business,... 

Image shows product from the Lynas Malaysia plant

Globe to raise A$8m for Malawi work

By: Esmarie Iannucci     4th August 2023 ASX-listed Globe Metals & Mining will raise up to A$8-million in a three-for-seven entitlement offer to fund work at its Kanyika niobium project, in Malawi. Under the entitlement offer, Globe will offer up to 217.1-million shares at a price of 3.7c a share, with the company on Friday saying that... 

Image shows stacked coins

Lindian reports maiden resources in Malawi

By: Esmarie Iannucci     3rd August 2023 Rare earths hopeful Lindian Resources has reported a maiden mineral resource of 261-million tonnes at its Kangankunde rare earths project in Malawi, making it one of the world’s largest rare earth deposits. Grading at 2.19% total rare earth oxides, the project is estimated to host some... 

World battles to loosen China's grip on vital rare earths for clean energy transition

By: Reuters     2nd August 2023 Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. The world's two biggest rare earths companies outside of China are facing challenges turning rock from their mines into the building blocks for magnets used across the global economy, from Apple's... 

An artist image of MP Materials planned magnet manufacturing facility in the US.
An artist image of MP Materials planned magnet manufacturing facility in the US.

Lynas gets more support from the DoD

By: Esmarie Iannucci     1st August 2023 Rare earths miner Lynas has signed an updated contract with the US Department of Defence (DoD) for the construction of its heavy rare earth processing facility in Texas. Lynas was in 2022 awarded a $120-million contract from the DoD to build a commercial heavy rare earths facility in the US. 

image shows product from the Lynas Malaysia plant

Lynas revenues tumble

By: Esmarie Iannucci     31st July 2023 Rare earths miner Lynas has reported a solid quarter of production in the three months to June, however, lower market prices saw a significant decline in sales revenue. Lynas on Monday reported that total rare earth oxide production for the three months to June had reached 4 475 t, up slightly... 

IonicRE advances work on Makuutu demonstration plant

By: Cameron Mackay     28th July 2023 Construction has started on a demonstration plant at rare earth minerals developer Ionic Rare Earths’ (IonicRE’s) 60%-owned Makuutu heavy rare earths project, in Uganda. The installation contract is being carried out by local Ugandan operating entity Rwenzori Rare Metals (RRM). 

Magnet metals miner thankful for ongoing support

28th July 2023 London-listed magnet metals miner Pensana chairperson Paul Atherley has lauded the ongoing support from the government of Angola, the sovereign wealth fund of Angola – Fundo Soberano de Angola (FSDEA), financial services provider Absa, and others, for their assistance in the development of the... 

Three large mine dump trucks carrying ore to a processing plant owned by Pensana in Angola
METAL CONNECTION Magnet metals miner Pensana continues to develop the Longonjo rare earths project in Angola

Ugandan rare earths project progressing to plan

28th July 2023 Minerals exploration company Ionic Rare Earths (IonicRE) reports that the Phase 5 drill programme at its 60%-owned Makuutu rare earths project in Uganda, is advancing to plan with the rotary air blast (RAB) drilling now completed on two of its exploration licences. IonicRE MD Tim Harrison says... 

A box of rare earth core samples in a box ready for analysis owned by Ionic Rare Earths in Uganda
ICONIC FIND Ionic Rare Earths has made a substantial find in its initial core drilling programmes on its exploration licenses

Copper mine files geological findings

28th July 2023 Africa-focused mining and development company Marula Mining reports promising initial findings from the exploration work completed by the company’s independent geological consultants Geofields Tanzania, at the Kinusi copper mine in Tanzania. Marula Mining currently holds a 75% commercial interest... 

Power failures impact Sierra Rutile quarter

By: Esmarie Iannucci     27th July 2023 ASX-listed Sierra Rutile has closed the door on a tough quarter, with the miner forced to revise its full year production guidance. Rutile production in the three months to June dropped to 25 000 t, from the 32 000 t produced in the previous quarter, while ilmenite production dropped from 12 000... 

Australia to add to critical minerals list

By: Esmarie Iannucci     27th July 2023 The federal government has launched consultations with industry members and stakeholders to update Australia’s critical minerals list. An updated critical minerals list was made a priority with the June release of Australia’s Critical Minerals Strategy, which highlighted six focus areas to help... 

Image shows Australian flag and coat of arms

Challenge of producing green hydrogen economically has been met – Natascha Viljoen   

By: Martin Creamer     26th July 2023 The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.) 

Anglo American Platinum CEO Natascha Viljoen.
Outgoing Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly's Martin Creamer. Video: Dalene Creamer.

Blackstone and ASM join forces in Vietnam

By: Esmarie Iannucci     26th July 2023 ASX-listed Australian Strategic Materials (ASM) and Blackstone Minerals has inked a three-way memorandum of understanding (MoU) with rare earth element refiners Vietnam Rare Earth Company (VTRE) to cooperate on opportunities to develop a fully integrated rare earths mine to metals value chain in... 

Iluka ups output in June quarter

By: Esmarie Iannucci     26th July 2023 Rare earths miner Iluka has reported higher production and sales volumes in the June quarter, with revenues nearly doubling. Zircon, rutile and synthetic rutile production in the Junee quarter increased to 216 700 t during the three months to June, up from the 150 900 t produced in the March... 

Montero welcomes Indiana’s Tanzania compensation claim victory

By: Mariaan Webb     21st July 2023 Canada-based Montero Mining and Exploration has welcomed the news that Australia-based Indiana Resources had won its compensation claim against the government of Tanzania over the seizure of a nickel mine. Montero has an arbitration case under way against the Tanzania government for the... 

Lindian completes capital raise

By: Esmarie Iannucci     20th July 2023 Rare earths developer Lindian Resources has completed it’s A$35-million placement, issuing some 106.06-million shares at a price of 33c each. The ASX-listed company earlier this month flagged the capital raise to fund the third-tranche payment of its acquisition of the Kangankunde rare earths... 

No more plundering: Can Africa take control in green mineral rush? 

By: Reuters     19th July 2023 From Zimbabwe's lithium-rich rocks to the Democratic Republic of Congo's cobalt, minerals critical for clean energy technologies are increasingly in demand from Africa's trade partners as part of the global green transition from planet-warming fossil fuels. Yet on a continent long blighted by the... 

South Africa is an important supplier of manganese – just one of the critical minerals needed for global decarbonisation efforts.
Photo by Creamer Media
South Africa is an important supplier of manganese – just one of the critical minerals needed for global decarbonisation efforts.

Lindian to publish maiden MRE for Malawi project imminently

By: Marleny Arnoldi     17th July 2023 ASX-listed Lindian Resources expects its latest set of results from exploration on the Kangankunde rare earths project, in Malawi, to impact positively on its maiden mineral resource estimate (MRE), which will be published soon. The latest, and final, batch of assay results from the Phase 1... 

Rainbow partners with Brazil-based Mosaic to develop REE extraction from phosphogypsum

By: Marleny Arnoldi     17th July 2023 London-listed Rainbow Rare Earths has signed a memorandum of understanding (MoU) with the Mosaic Company to jointly conduct a preliminary economic assessment (PEA) related to the extraction of rare earth elements (REE) from Mosaic’s phosphogypsum stack, in Brazil.  Mosaic is an integrated... 

The gypsum stacks at Rainbow's Phalaborwa project in South Africa (pictured) are said to have a similar grade to that of the phosphogypsum stacks owned by Mosaic in Brazil
The gypsum stacks at Rainbow's Phalaborwa project in South Africa (pictured) are said to have a similar grade to that of the phosphogypsum stacks owned by Mosaic in Brazil

Canada unveils criteria for C$1.5bn funding for critical mineral projects

By: Mariaan Webb     17th July 2023 Canadian Innovation, Science and Industry Minister François-Philippe Champagne has announced the criteria for projects eligible for funds available through the Strategic Innovation Fund (SIF) that aims to accelerate investments in critical mineral projects. The proposed fund, announced in the... 

Innovation, Science and Industry Minister François-Philippe Champagne
Innovation, Science and Industry Minister François-Philippe Champagne

Rare earths prices sink to lowest since 2020 as China ramps up supply

By: Reuters     13th July 2023 Prices for rare earths sank to their lowest since late 2020 this week as soft demand from green energy companies and the automotive sector combined with rising supply from top producer China, analysts said on Thursday. Concerns have grown that China could further restrict exports of the strategic... 

Rare earths prices sink to lowest since 2020 as China ramps up supply

Lindian raises cash for Rift Valley buy

By: Esmarie Iannucci     12th July 2023 Rare earths developer Lindian Resources will raise A$35-million in a share placement to fund the third-tranche payment of its acquisition of the Kangankunde rare earths project, in Malawi. The ASX-listed company has received binding commitments for the placement of 106.06-million shares, at a... 

2 3 4 5
6
7 8 9 10

Latest News

more

Latest Videos

more

Company Announcements

more

 
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now