R/€ = 20.3644 Change: -0.0177
R/$ = 19.1348 Change: 0.0409
Au 2344.46 $/oz Change: -47.38
Pt 935.10 $/oz Change: -8.40

Rare Earth Minerals News

Australian Rare Earths raises cash

By: Esmarie Iannucci     21st April 2023 Junior Australian Rare Earths has announced a A$11.1-million capital raise to accelerate exploration activity at its Koppamurra project, in South Australia and Victoria. Under the placement, the company would issue 24.6-million new shares at a price of 45c each, representing a 14.5% discount to... 

Platinum-based hydrogen production is in competitive upscale mode, Heraeus’ Walter reports  

By: Martin Creamer     20th April 2023 Platinum group metals- (PGM-) based proton exchange membrane (PEM) electrolysis is a competitive technology in upscale mode and is making its mark in electrolysis for hydrogen production as well as in the use of hydrogen for vehicle mobility. PEM electrolysers have distinct advantages when... 

Heraeus Precious Metals Executive Vice-President New Business Philipp Walter.
Heraeus' Philipp Walter interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

VBR overshoots target with $650m fundraising

By: Mariaan Webb     18th April 2023 Battery minerals investor Vision Blue Resources (VBR) has raised more than $650-million from investors seeking exposure to its strategy of supporting companies that will help drive the global transition to clean energy. Following strong support from specialist mining, private and large... 

Mick Davis
Mick Davis

Tanzania advances three critical minerals projects

By: Esmarie Iannucci     18th April 2023 The government of Tanzania has inked three framework agreements with Australian resources companies, which could result in the development of three critical mineral projects. ASX-listed Peak Rare Earths has inked a binding framework agreement over its Ngualla rare earths project, which sets out... 

The Tanzanian flag

Green hydrogen investment pledge hits conference’s top spot at R105bn 

By: Martin Creamer     17th April 2023 The investment into green hydrogen was the biggest investment pledge by far to be announced at the fifth South African Investment Conference (SAIC) in Sandton. The R105-billion energy investment commitment of Hive Hydrogen knocked the socks off the other top-ten pledges by coming in R45-billion... 

Hive Hydrogen South Africa executive chairperson Thulani Gcabashe.
Hive Hydrogen South Africa executive chairperson Thulani Gcabashe.

Assays point to high-grade zones in rare earth exploration of Kangankunde

By: Donna Slater     17th April 2023 Exploration at rare earth and bauxite resources developer Lindian Resources’ Kangankunde rare earths project, in Malawi, has returned long intersections of high-grade, non-radioactive rare earths, with mineralisation found in all holes drilled to date. In a statement, Lindian states that the... 

Public sector opacity, emerging private sector silence are curbing mining’s growth prospects 

By: Martin Creamer     14th April 2023 The lack of public sector transparency and emerging private sector silence from companies opting not to list are combining to limit South Africa’s knowledge of the mining sector, and thus curb its growth prospects, Mining Weekly can today report. Public sector opacity and private sector delisting... 

SA Mining Map published by AmaranthCX and 1Map.
SA Mining Map published by AmaranthCX and 1Map.

How South Africa could have 21 new mining listings 

By: Martin Creamer     13th April 2023 South Africa could have 21 new mining listings if foreign mining companies that already operate in this country would also list on the Johannesburg Stock Exchange, the largest stock exchange in Africa, but one that is shrinking. The 21 companies are all listed elsewhere, with no listing in South... 

AmaranthCX founder and director Paul Miller, when he listed Keaton Energy on the JSE many years ago, well before the delistings issue arose.
AmaranthCX founder and director Paul Miller, when he listed Keaton Energy on the JSE many years ago, well before the delistings issue arose.

International partnerships critical to critical minerals - King

By: Esmarie Iannucci     13th April 2023 Federal Resources Minister Madeleine King has highlighted the importance of international partnerships, specifically those with Japan and the US, in developing Australia’s critical minerals industry. Speaking at the Australian Strategic Policy Institute (ASPI) on Thursday, King said that the... 

Ionic increases stake in Makuutu

By: Esmarie Iannucci     13th April 2023 ASX-listed Ionic Rare Earths’ shareholding in the Makuutu rare earths project, in Uganda, has increased to 60% following the completion of the Stage 1 definitive feasibility study (DFS) and approval from the Ugandan Ministry of Energy and Mineral Development to progress the construction of a... 

Stunning online mining map highlights far-reaching remaining mining potential   

By: Martin Creamer     12th April 2023 AmaranthCX and its technology partner 1Map have collaborated to publish a comprehensive, online South African Mining Map, with electronic, all-commodity depiction. The governments of other mining jurisdictions, including the governments of neighbouring African States, provide this information... 

AmaranthCX founder and director Paul Miller, who is moving into the renewable energy business.
AmaranthCX's Paul Miller, interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

India’s rare-earths miner eyes 400% expansion for clean energy

By: Bloomberg     12th April 2023 India’s sole rare-earths producer wants to boost its mining capacity by 400% in the coming decade to help the country lock in supplies of key minerals for its clean-energy transition. State-owned IREL (India) aims to mine 50-million tons a year of rare-earths bearing ore by end-2032, up from... 

Ionic gets approval for demonstration plant in Uganda

By: Esmarie Iannucci     11th April 2023 The Ugandan Ministry of Energy and Mineral Development (MEMD) has granted ASX-listed Ionic Rare Earths approval for its demonstration plant at the Makuutu rare earths project. The demonstration plant is expected to validate and optimise results from the Stage 1 definitive feasibility study... 

Another offtake deal struck at Nolans

By: Esmarie Iannucci     11th April 2023 Rare earths developer Arafura Rare Earths has inked an offtake agreement with wind turbine manufacturer Siemens Gamesa Renewable Energy for the supply of neodymium and praseodymium (NdPr) from the Nolans project, in the Northern Territory. Under the five-year term, Arafura will supply 200 t/y... 

Coal, discard seen as potential viable sources of rare earth elements 

By: Martin Creamer     5th April 2023 Coal is being spotlighted as a potential source of rare earth elements, critical raw materials that are vital for many clean technologies being implemented globally. The information derived from a study published on the mineralogy and distribution of rare-earth elements in the high-ash coals of... 

Coal ash seen as potential viable source of rare earth elements.
Coal ash seen as potential viable source of rare earth elements.

Anglo signs another green steel deal involving South African iron-ore  

By: Martin Creamer     4th April 2023 Mitigating climate change, the biggest challenge of our time, requires a new, clean industrial revolution, says H2 Green Steel of Sweden, which on Tuesday announced the signing of a memorandum of understanding (MoU) with Anglo American to advance green steelmaking. The London- and... 

Kolomela iron-ore operation of Anglo group company Kumba Iron Ore, inNorthern Cape.
Kolomela iron-ore operation of Anglo group company Kumba Iron Ore, inNorthern Cape.

Mine waste finds new life as source of rare earths

By: Reuters     4th April 2023 Sweden, South Africa and Australia are at the forefront of a push to transform piles of mine waste and by-products into rare earths vital for the green energy revolution, hoping to substantially cut dependence on Chinese supply. Prices of the minerals used in products from electric cars to wind... 

WA invests A$40m in critical minerals

By: Esmarie Iannucci     4th April 2023 The Western Australian government on Tuesday announced a A$40-million investment to accelerate critical minerals discoveries. The Sustainable Geoscience Investments package, included in the 2023-24 State Budget, addresses the ever-increasing demand for critical minerals used in technologies... 

Trackless mobile machinery one of mining’s burning issues, ENSafrica webinar hears  

By: Martin Creamer     3rd April 2023 South Africa’s new trackless mobile machinery (TMM) regulations published five months ago are one of mining’s burning issues and perhaps an undeclared state of national disaster for some, ENSafrica webinar attendees heard on Monday. TMM is defined as any self-propelled mobile machine used at a... 

ENSafrica's safety and health webinar team.
ENSafrica health and safety webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Pensana close to finalising $550m financing for Saltend, Longonjo

By: Darren Parker     3rd April 2023 Magnet metals company Pensana is at an advanced stage in its financing of both the Saltend rare earth separation facility, in the UK, and the Longonjo mine, in Angola, the company said on April 3.   The total capital requirement for both projects is $550-million.  

Rainbow marks strong progress in South Africa

By: Tasneem Bulbulia     31st March 2023 Rare earths company Rainbow Rare Earths made considerable progress at its Phalaborwa project, in South Africa, in the six months ended December 31, 2022, with the successful publication of a preliminary economic assessment (PEA) underscoring the project’s “enormous” potential, CEO George Bennett... 

RareX shuffles management

By: Esmarie Iannucci     31st March 2023 Junior RareX has announced a number of management and board changes to drive the development of its Cummins Range rare earths and phosphate project, in Western Australia. The company on Friday announced that COO James Durrant would be appointed as CEO, effective from April 3, leveraging his... 

Critical metals for low-carbon economy being studied across 12 universities  

By: Martin Creamer     30th March 2023 A consortium across a dozen South African universities has the spotlight on critical metals for a low-carbon future. At a time when the mining world is focused firmly on the availability of critical metals to arrest global temperature increases, South Africa’s Centre of Excellence for Integrated... 

Professor Judith Kinnaird, the Visiting Professor of the School of Geosciences, and the co-director of Cimera at the University of the Witwatersrand.
Cimera's Professor Judith Kinnaird interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Mining needs truth-and-reconciliation approach to ESG, says Rifle-Shot’s Naidoo  

By: Martin Creamer     29th March 2023 Mining companies need to approach environmental, social and governance (ESG) principles on a truth and reconciliation footing and be honest about where they are on a scale of one to 10, says Rifle-Shot Performance business development director Dilley Naidoo. Naidoo, who spoke to Mining Weekly on... 

Rifle-Shot Performance Business Development Director Dilley Naidoo.
Rifle-Shot’s Dilley Naidoo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nolans draws German funding interest

By: Esmarie Iannucci     29th March 2023 German export credit agency Euler Hermes Aktiengesellschaft has provided rare earths developer Arafura Rare Earths a non-binding letter of in-principle support for a untied loan guarantee of up to $600-million to support the Nolans project, in the Northern Territory. The untied loan guarantee of... 

Globe clears MDA hurdle in Malawi

By: Esmarie Iannucci     29th March 2023 The government of Malawi has approved the Mining Development Agreement (MDA) for the Kanyika niobium project being developed by ASX-listed Globe Metals & Mining. Globe said on Wednesday that the approval of the MDA was a significant milestone for the company, and with all other approvals in... 

Mining necessary for green future - Minister

By: Esmarie Iannucci     29th March 2023 Federal Resources Minister Madeleine King has highlighted the significant role that the resources sector would play in global decarbonisation efforts, in a statement to Parliament. “In order to decarbonise, the world needs our resources industry and our critical minerals,” Minister King said. 

Image shows a mining haul truck

Platinum group metals can add million South African jobs plus R8-trillion to economy  

By: Martin Creamer     28th March 2023 Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity. The combination of green hydrogen displacing natural gas and fuel cell electric... 

Platinum group metals can boost South African jobs and economic growth.
PGM Industry Day covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

Lindian raises funds for Malawi rare earths project

By: Esmarie Iannucci     27th March 2023 ASX-listed Lindian Resources will raise A$9-million in a private placement to fund the acquisition of key equipment and long-lead time items for its Stage 1 concentrate processing facility at the Kangankunde rare earths project, in Malawi. The company will raise A$8.5-million through the... 

Ministers agree to coordinate critical minerals efforts

By: Esmarie Iannucci     24th March 2023 Australia’s federal, state and territory resources and mining ministers have agreed to coordinate efforts to support the development of Australia’s critical minerals sector following a critical minerals roundtable in Perth. Resources Minister Madeleine King said on Friday that the development of... 

Sierra Rutile replaces 2022 production

By: Esmarie Iannucci     24th March 2023 ASX-listed Sierra Rutile Holdings has replaced its 2022 production from its Area 1 operation, in Sierra Leone, following pit optimisation and pit design work. “Thanks to optimisation work on our future mine plan updated for current market pricing, we are in the favourable position of having... 

WA opens investment platform for global investors

By: Esmarie Iannucci     24th March 2023 The Western Australian government is launching a new online platform that promotes investment-ready projects with a value above A$10-million. Launching with more than 35 projects that have a combined value of approximately $6 billion, WA Investments provides global audiences easy access to the... 

Galileo identifies four lithium, tin, rare earth anomalies on Kamativi licence

By: Marleny Arnoldi     23rd March 2023 London-listed Galileo Resources has delineated four significant lithium, tin and rare earth element anomalies on the Kamativi licence, in Zimbabwe, that warrant further investigation. The licence covers an area of 520 km2 in western Zimbabwe.  

Marula appoints technical consultant, lawyers in preparation for Aim listing

By: Donna Slater     23rd March 2023 Africa-focused miner and developer Marula Mining is preparing to list on the LSE’s Aim and has appointed mining and environmental consultancy MSA Group as the technical consultant for the listing process. MSA Group, which provides services such as exploration, geology, mineral resource and... 

Exploration licence granted for Kvanefjeld

By: Esmarie Iannucci     23rd March 2023 ASX-listed Energy Transition Minerals has been granted a three-year renewal of the exploration licence covering its Kvanefjeld rare earth element project, in Greenland. Greenland’s Mineral License and Safety Authority has confirmed that the Act banning uranium prospecting, exploration and... 

Galileo expects Glenover disposal to be finalised by end-July

By: Marleny Arnoldi     22nd March 2023 London-listed Galileo Resources has advised that the South African Competition Commission has granted approval for Galileo to sell all shares in its 36%-owned Glenover Phosphate subsidiary to diversified miner Afrimat for R300-million, or £13.3-million. The remaining suspensive conditions for... 

Kenmare reports ‘record year’ in 2022 financial results

By: Darren Parker     22nd March 2023 London-listed titanium minerals and zircon producer Kenmare Resources MD Michael Carvill says the company’s preliminary results for the 12 months to December 31, 2022, were driven by steady production volumes and record product prices, which saw the company’s mineral product revenues increase by... 

WA eager to maintain critical minerals status

By: Esmarie Iannucci     22nd March 2023 Western Australia is hoping to maintain its position as a major producer of critical minerals into the future. Speaking at the second day of Paydirt’s Battery Minerals conference, in Perth, Western Australian Minister for Mines and Petroleum Bill Johnston said that the government was investing... 

Image shows a hand holding rare earth ore
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