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Rare-Earth Minerals

Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


An aerial view of Peak Resources Ngualla project.
Peak slashes costs at Tanzania rare earths project
30th November 2023 By: Mariaan Webb

Despite global inflationary pressures, Australia-listed Peak Rare Earths has successfully reduced its capital and operating cost estimates for the Ngualla project, in Tanzania. The project, which... 


India launches first part of critical minerals auction worth $5.4bn
30th November 2023 By: Reuters

India on Wednesday launched the first part of its critical minerals auction worth an estimated 450-billion rupees ($5.40-billion), the country's mines minister said. Mines Minister Pralhad Joshi... 


Ionic receives support towards mining licence grant in Uganda
29th November 2023 By: Marleny Arnoldi

ASX-listed Ionic Rare Earths Limited says its Ugandan subsidiary now has land access agreements in place for 95% of the mining licence area for the Makuutu rare earths project. Owing to support... 


Godolphin applies to extend Narraburra REE foothold
28th November 2023 By: Creamer Media Reporter

Exploration company Godolphin Resources has applied for an exploration licence that surrounds its Narrabura rare earth project, in New South Wales, in three directions. The licence, named Trungley,... 


QREE buys more land near Lynx project
28th November 2023 By: Creamer Media Reporter

CSE-listed Quebec Rare Earth Elements (QREE) is buying additional lands abutting the Lynx rare earth elements (REE) project, in Quebec. The additional property abutting Lynx was acquired by... 


Former Nedbank investment banker Paul Miller.
New Utshalo has potential to boost mining IPOs, enliven public markets
24th November 2023 By: Martin Creamer

South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far... 


An aerial view of load haul dump trucks carrying sand and rubble from the construction site of Pensana's Longonjo Mine in Angola
Angolan rare earth project construction progressing
24th November 2023

Magnet metals miner Pensana, continuing with the site development works for its rare-earth elements Longonjo project, in Angola, reported towards the end of August that it was progressing with site... 


A scientist sieves a sample of tin placer tailings in Cassiterite Creek on the western Seward Peninsula of Alaska
Investigating tailings dumps for in-demand minerals
24th November 2023

US State geology department the US Geological Survey (USGS) has invested more than $2-million into studying the potential to source critical mineral resources in mine waste such as mine tailings,... 


Drilling at Ionic’s Uganda project shows extension potential
23rd November 2023 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths announces that initial drill results from the Phase 5 resource infill and extension drilling at its 60%-owned Makuutu heavy rare earths project, in Uganda, shows... 


ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
African Rainbow Minerals provides R20-million for Wits University research
23rd November 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg.... 


Access to talent is becoming an increasing challenge in Australia.
Australia's potential share of critical minerals investments worth A$20bn/y, report shows
22nd November 2023 By: Mariaan Webb

To meet the temperature targets of the Paris Agreement necessitates not only the rapid and widespread deployment of clean energy technologies, but also a monumental scaling up of mineral... 


Nick Curtis
China-linked fund seeks ouster of Australia rare earths miner's chairman
22nd November 2023 By: Reuters

A China-linked fund that is a major shareholder in Australia's Northern Minerals has filed a motion to oust the rare earth developer's chairman after the fund's move for a higher stake was rejected... 


IonicRE to raise $5.9m through share placement
20th November 2023 By: Darren Parker

ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $5.9-million by way of a share placement of about 281-million fully paid ordinary shares at an issue price of $0.021.... 


Pensana, Yorkshire Energy Park sign letter of intent for magnet metal facility in the UK
20th November 2023 By: Tasneem Bulbulia

Pensana and The Yorkshire Energy Park (YEP), at an on-site event on November 17, signed a letter of intent for the site of a future permanent magnet metal facility within the park. The YEP is... 


Integrated Geoscience Solutions Technical Director Dr David Khoza.
Imperative that exploration plan be implemented as matter of urgency – Khoza
17th November 2023 By: Martin Creamer

If South Africa is not to be left out of the exploration boom, spurred by the immense mineral resources required to develop technologies needed to achieve net zero, it is imperative that the... 


Sibanye-Stillwater CEO Neal Froneman.
Renewables now critical part of metal mining thinking, says Sibanye-Stillwater
14th November 2023 By: Martin Creamer

Renewables have become a critical part of metal mining thinking, the Sibanye-Stillwater Battery Metals Investor Day 2023 audience heard on Tuesday. “If you look at electricity, renewables are... 


Neodymium is a key rare earth mineral in EVs
Automakers' drive to avoid China's EV rare earth as dominance gathers speed
14th November 2023 By: Reuters

The auto industry's drive to make electric vehicle motors with little to no rare earth content has hit high gear, with European, US and Japanese automakers and suppliers racing for alternatives in... 


Lynas withdraws court request to review Malaysia licence conditions
14th November 2023 By: Reuters

Australia's Lynas Rare Earths has withdrawn its application for a judicial review of its operating licence conditions in Malaysia, a Malaysian government lawyer said on Tuesday. Lynas withdraw the... 


Mkango to build 25 MW of solar at Songwe Hill
13th November 2023 By: Darren Parker

Rare earth element (REE) mining company Mkango aims to build three solar photovoltaic plants with a combined capacity of 25 MW at its Songwe Hill project, in Malawi, to provide sustainable... 


Ionic secures over 90% of land access agreements for Ugandan project
13th November 2023 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths has achieved progress in securing land access agreements for the mining licence application (MLA) for the Stage 1 development of the Makuutu rare earths project over... 


IonicRE expects first product at Makuutu early next year
10th November 2023 By: Darren Parker

ASX-listed Ionic Rare Earths (IonicRE) expects it will produce its first mixed rare earth carbonate from its new demonstration plant at the Makuutu rare earths project, in Uganda, early in the... 


The Olympics, Phalaborwa, Harmony Gold make headlines
The Olympics, Phalaborwa, Harmony Gold make headlines
10th November 2023

Mining Weekly Editor Martin Creamer discusses next year's Olympics, which aims to showcase platinum-based hydrogen technology as a net-zero solution; Phalaborwa's potential to become one of the... 


A handful of Western critical mineral explorers plan to command premium prices for key metals used in EVs.
Western miners seek premium pricing for rare earth metals to break China grip
9th November 2023 By: Reuters

A handful of Canadian, German and Australian critical mineral explorers plan to command premium prices for key metals used in electric vehicles, promising quality and consistency in exchange for... 


TechMet chairperson and CEO Brian Menell
South Africa’s Phalaborwa rare earths project hailed as enviro friendly and low cost
8th November 2023 By: Martin Creamer

An extensive due diligence process has confirmed the potential of South Africa’s Phalaborwa project as one of the lowest cost producers of separated rare earth oxides in development, London Stock... 


MP Materials' adjusted profit beats; rare earths prices sag
3rd November 2023 By: Reuters

Rare earths miner MP Materials posted a better-than-expected adjusted quarterly profit on Thursday as it worked to offset a sharp drop in prices for the strategic minerals and rising operating... 


Ionic Rare Earths aims for Uganda project decision late next year
31st October 2023 By: Reuters

Australia's Ionic Rare Earths hopes to make a final investment decision by the second half of next year on its Uganda project and could spend $120-million to develop it after that decision has been... 


Meteoric’s gold project sale initially terminated, now completed
31st October 2023 By: Creamer Media Reporter

The $20-million sale of the Juruena gold project, in Brazil, to Keystone Resources has been successfully completed, ASX-listed Meteoric Resources reported on Tuesday. The parties agreed to the... 


Penansa makes headway on Longonjo financing
31st October 2023 By: Darren Parker

Rare earths and magnet metals mining company Pensana's engineering team has successfully completed a modular redesign of the Longonjo neodymium and praseodymium mine and processing facility in... 


Northern Minerals delays AGM on China influence concern
31st October 2023 By: Reuters

Australian rare earths miner Northern Minerals has pushed back a shareholder meeting to allow regulators time to assess whether a Chinese national nominated to the board by top shareholder Yuxiao... 


Rainbow sets 2024 priorities, including to raise $3.4m
30th October 2023 By: Marleny Arnoldi

As London-listed Rainbow Rare Earths reports to shareholders on having achieved various milestones in the financial year ended June 30, it is set to focus on the production of separated rare earth... 


China’s Shenghe takes stake in troubled Vital
China’s Shenghe takes stake in troubled Vital
27th October 2023 By: Mariaan Webb

China-based rare earths company Shenghe Resources has agreed to take a cornerstone stake in troubled rare earths developer Vital Metals, which owns the Nechalacho project in Canada’s Northwest... 


Afrimat group CEO Andries van Heerden
Afrimat continues to weather economic shocks through diversification
26th October 2023 By: Darren Parker

Mid-tier mining and materials company Afrimat’s strategy to diversify between commodities and revenue streams, coupled with stringent capital allocation, has enabled the group to continue to... 


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Universal Storage Systems (SA)
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