R/€ = 16.27 Change: 0.01
R/$ = 15.00 Change: 0.00
Au 1643.00 $/oz Change: 11.31
Pt 972.06 $/oz Change: -9.43


Canada Rare Earth studies location for South American refinery

By: Creamer Media Reporter      19th February 2020 TSX-V-listed Canada Rare Earth has narrowed its search for a location to base its refinery to six regions in South America. The Vancouver-headquartered company, which sources and sells rare earths, says it has launched a study to consider refinery permitting, logistics and government support,... 

Rio punts refinery technology

By: Esmarie Iannucci     14th February 2020 Mining giant Rio Tinto and aluminium equipment supplier STAS have agreed to terms to commercialise Rio’s advanced compact filtration (AFC) technology for aluminium cast houses. The ACF technology developed by Rio will now be manufactured and sold under license by equipment manufacturer STAS... 

First Cobalt upsizes placement, stock jumps

By: Creamer Media Reporter      3rd February 2020 Toronto-headquartered cobalt company First Cobalt has upsized its previously announced nonbrokered private placement to accommodate demand. The offering increased from 10 715 000 units at C$0.14 a share, for gross proceeds of up to C$1-5-million, to 14 300 000 units at the same price, for... 

Sasol to finalise scope of LCCP unit's repairs in Feb 

By: Tasneem Bulbulia     24th January 2020 Integrated energy and chemicals company Sasol expects to finalise the scope of, and time needed for, repairs to the low-density polyethylene (LDPE) unit, at its Lake Charles Chemicals Project (LCCP), in Louisiana, in the US, during the second half of February. “Limited” damage was done to a small... 

First Cobalt upgrades cobalt resource at Idaho project

By: Creamer Media Reporter      16th January 2020 TSX-V-listed First Cobalt has announced a new high-grade mineral resource estimate for the Iron Creek project, in Idaho, US, following an infill drill programme focusing on converting inferred resources to indicated resources. The infill drilling and limited step-out drilling resulted in a 49%... 

Elikhulu exemplifies South Africa’s project panache

By: Martin Creamer     17th December 2019 If ever a project exemplified South Africa’s project panache, it is the gold-from-tailings project, Elikhulu, which means ‘The Big One’ in Zulu. This ‘Big One’, which is the fourth and largest tailings endeavour of the London- and Johannesburg-listed Pan African Resources, attained the objective... 

Neometals secures pilot funding

By: Esmarie Iannucci     17th December 2019 The Innovative Manufacturing Cooperative Research Center (IMCRC) has agreed to co-fund a A$2.5-million collaborative research project with the Queensland University of Technology to establish a synthetic zeolite manufacturing plant. ASX-listed Neometals has been optimising its patent pending... 

Texas rare earths mine developers to build US refinery

By: Reuters     16th December 2019 Developers of a Texas rare earths mine said on Monday they will build a pilot plant to refine the strategic minerals, the latest domestic processing project announced at a time when more Americans are voicing concern about China's control over the sector. China is the largest global processor of... 

Lundin exports first gold from Ecuador

By: Creamer Media Reporter      13th December 2019 Vancouver-based Lundin Gold has shipped its first gold from Fruta del Norte to Finland, marking the first exports from a large-scale mining operation in Ecuador. The first shipment of concentrate totalling eight containers, containing about 180 t of concentrate, left the Port of Guayaquil on... 

Newcrest and Chevron strike gas deal

By: Esmarie Iannucci     13th December 2019 The Western Australian Chamber of Minerals and Energy (CME) has welcomed an agreement between gold miner Newcrest and US energy major Chevron, for the delivery of natural gas from the Wheatstone, Gorgon and North West Shelf projects. Chevron Australia MD Al Williams was quoted on Friday as... 

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