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Rare Earth Minerals News

Arafura sets sights on A$40m raise

By: Esmarie Iannucci     24th June 2021 Rare earths developer Arafura Resources has received firm commitments for a A$40-million share placement. The ASX-listed company on Thursday reported that it would place more than 333.3-million shares, at a price of 12c each, in two tranches. 

Energy transition metals poised for uneven, explosive run higher

By: Reuters     22nd June 2021 Buoyed by powerful demand expectations as the world moves away from reliance on fossil fuels, prices of many industrial metals rocketed, but future price rises are likely to be limited to a select few energy transition ingredients. The narrative of a synchronised upswing, characterised by some... 

Energy transition metals poised for uneven, explosive run higher

Rare earths developer Arafura to raise $30m for Australian project - document

By: Reuters     22nd June 2021 Arafura Resources Ltd is set to raise at least A$40 million ($30.04 million) as it seeks to develop its Nolans rare earths project in central Australia, according to a term sheet obtained by Reuters on Tuesday. The capital raising will be in exchange for shares priced at 12 Australian cents... 

Pensana says enjoys strong support from shareholders for equity raise

By: Simone Liedtke     21st June 2021 Rare earths producer Pensana continues to enjoy strong support from its existing shareholders, raising £15-million to progress early-stage construction at its Saltend facility, in the UK, and at its Longonjo mine in Angola, ahead of the main financing, which is currently targeted for the fourth... 

Pensana raises £15m for early works in Angola

By: Marleny Arnoldi     18th June 2021 London-listed rare earths miner Pensana has successfully raised £15-million, or $21-million, through the issue of 12.5-million new shares, at a price of 120p apiece. Some uptakers of the latest fundraising include SI Capital, WH Ireland and Angolan sovereign wealth fund Fundo Soberano de Angola... 

Northern Cape manganese ready to be mined

By: Halima Frost     18th June 2021 Specialist mining advisory company Ukwazi Mining engineer Jaco Mans tells Mining Weekly that South Africa has the capacity and capability to meet the increasing global demand for manganese. He explains that the Northern Cape holds more than 70% of the global manganese reserves and that the area... 

Northern Cape manganese ready to be mined
MANAGING MANGANESE Ukwazi is able to help manganese mines optimise their processes and operations

Maiden estimate points to larger inferred resource at Rainbow’s Phalaborwa project

By: Donna Slater     17th June 2021 Rainbow Rare Earths reports that the maiden Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimate for its Phalaborwa project has an inferred estimate of 38.3-million tonnes at 0.43% total rare earth oxides, which is larger than the 35-million tonnes initially expected from the... 

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director Sarah Bell... 

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM
International Council on Mining and Metals’ Sarah Bell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Ionic starts Phase 4 of drilling programme at Uganda project

By: Simone Liedtke     15th June 2021 ASX-listed Ionic Rare Earths has started Phase 4 of its drill programme at its majority-owned Makuutu rare earth project, in Uganda. Ionic owns 51% of the project. 

Medallion says former CEO has died unexpectedly

By: Creamer Media Reporter      15th June 2021 Don Lay, former CEO of rare-earths company Medallion Resources, has passed away at the weekend. The TSX-V-listed firm states that Lay’s passing was unexpected. “It is with tremendous sadness that we share the passing of our colleague and friend Don Lay. Don was the strength and drive behind... 

Pensana welcomes Roskill’s acknowledgment

By: Donna Slater     14th June 2021 Magnet metal and rare earths miner Pensana says it is pleased with critical materials supply chain intelligence company Roskill continually keeping track of the progress at Pensana’s UK-based Saltend rare earths processing facility and the Longonjo rare earths mine, in Angola. Earlier this... 

White House highlights manganese as potential preferred battery element contender  

By: Martin Creamer     14th June 2021 The White House document on revitalising American manufacturing and fostering broad-based economic growth pays particular attention to South Africa as the world’s largest supplier of manganese, and to manganese as a potential preferred battery element contender, Mining Weekly can today report.... 

White House highlights manganese as potential preferred battery element contender
Photo by Creamer Media
The White House on building supply chains.

Allow geologists from surrounding African countries to boost SA's exploration rebirth, top explorer advises  

By: Martin Creamer     11th June 2021 Exploration geologists from surrounding countries should be allowed into South Africa to boost exploration. That is the view of Exploration Geology Consultants exploration manager Thinus Jordaan, who believes that South Africa’s planned exploration thrust should focus on commodities required in... 

Allow geologists from surrounding African countries to boost SA's exploration rebirth, top explorer advises
Exploration manager Thinus Jordaan interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Regenerative coal mining crucial part of just transition to green economy – Bevan Jones 

By: Martin Creamer     9th June 2021 A shift to “regenerative mining” of coal reserves is a crucial part of a solution to a greener, cleaner future, said African Source Markets CEO Bevan Jones on Wednesday. Jones, a former commodity trader at Macquarie and Rand Merchant Bank, who cofounded the global coal market in London in the... 

Regenerative coal mining crucial part of just transition to green economy – Bevan Jones
African Source Markets CEO Bevan Jones

US must work with allies to secure electric vehicle metals - White House

By: Reuters     8th June 2021 The United States must work with allies to secure the minerals needed for electric vehicle batteries and process them domestically in light of environmental and other competing interests, the White House said on Tuesday. The strategy, first reported by Reuters in late May, will include new... 

US must work with allies to secure electric vehicle metals - White House

Mining firms with higher ESG ratings outperform market – PwC  

By: Martin Creamer     8th June 2021 Mining companies with higher environmental, social and governance (ESG) ratings outperformed the broader market during the peak of the Covid-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index,  PwC... 

Mining firms with higher ESG ratings outperform market – PwC
PwC Mine 2021 Report covered by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd

Funds flood into Australian battery mineral explorers - report

By: Reuters     7th June 2021 Australian minerals explorers have raised the most cash in nearly a decade as investors rush into gold as well as lithium and copper explorers expected to boom in the global energy transition, a report by advisor BDO showed on Tuesday. The quarterly report showed that Australian-listed explorers... 

Globe Metals’ stock surges on Malawi licence news

By: Simone Liedtke     7th June 2021 Malawi’s Mineral Resources Committee (MRC) has recommended the granting of a mining licence for Globe Metals & Mining’s Kanyika niobium project, the ASX-listed junior reported on Monday, sending its stock up nearly threefold. Approval by the MRC is a critical and formal step in the process of... 

Pensana joins Humber Business Week to boost Saltend exposure

By: Donna Slater     7th June 2021 Magnet metal and rare earths miner Pensana is supporting business promotion platform Humber Business Week to boost its Saltend rare earths facility. Pensana says the facility will be transformational in bringing back high-value manufacturing jobs and creating a sustainable UK supply chain for... 

Mkango, partner to establish a rare earths hub in Poland

By: Tasneem Bulbulia     7th June 2021 Canadian junior Mkango Resources and Grupa Azoty Zakłady Azotowe PULAWY have agreed to work together towards the development of a rare earth separation plant, in Poland. Mkango, which is listed on the TSX-V and Aim, has established a new wholly owned subsidiary Mkango Polska, to be led by Mkango... 

Mkango, partner to establish a rare earths hub in Poland

Biden’s electric vehicle plan includes battery recycling push

By: Reuters     7th June 2021 President Joe Biden’s strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials. As Biden makes fighting climate change and competing with China centerpieces of... 

Biden’s electric vehicle plan includes battery recycling push
US President Joe Biden

Australia poised to benefit from increased commodity demand - MCA

By: Esmarie Iannucci     2nd June 2021 A new report by the Minerals Council of Australia (MCA) has shown that Australia was poised to take advantage of the predicted increase in global demand for commodities. The MCA’s Commodity Demand Outlook 2030 has predicted that seaborne iron-ore demand would rise moderately, from 1.5-billion... 

Australia poised to benefit from increased commodity demand - MCA

Council for Geoscience goes live with digital geoscience data

By: Martin Creamer     1st June 2021 South Africa’s Council for Geoscience went live on Tuesday with making geoscience data digitally available. During a panel discussion on the first day of the Junior Indaba, Council for Geoscience CEO Mosa Mabuza invited all to go on to the council’s website to find this data, the bulk of which,... 

Council for Geoscience goes live with digital geoscience data
Photo by Creamer Media
From top clockwise, ENSafrica COO Otsile Matlou, Geoscience CEO Mosa Mabuza, Orion Minerals CEO Errol Smart, DMRE DG Advocate Thabo Mokoena and AmaranthCX director Paul Miller.

Tender for new modern cadastre system to be invited next week   

By: Martin Creamer     1st June 2021 A tender for a new modern cadastre system to provide exploration information will be invited by the end of next week, Department of Mineral Resources and Energy (DMRE) director-general Advocate Thabo Mokoena said on Tuesday. In his opening keynote address on initiatives to ignite the exploration... 

Tender for new modern cadastre system to be invited next week
Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Kvanefjeld's public consultation extended

By: Esmarie Iannucci     1st June 2021 The Greenland government has extended the public consultation period for the Kvanefjeld rare earth project from June 1 until September 13. ASX-listed Greenland Minerals on Tuesday told shareholders that the government has stated the extension was to enable further public meetings to take place... 

Kvanefjeld's public consultation extended

Battery material value-add consolidation in South Africa under consideration by Mick Davis-linked NextSource  

By: Martin Creamer     31st May 2021 South Africa, which has the wherewithal to provide the value-add consolidation advantage to battery materials that the world’s electric vehicle original equipment manufacturers (OEMs) want, is being seriously considered for the role, NextSource president and CEO Craig Scherba said on Monday.... 

Battery material value-add consolidation in South Africa under consideration by Mick Davis-linked NextSource
NextSource President and CEO Craig Scherba interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Peak moves on UK refinery

By: Esmarie Iannucci     28th May 2021 ASX-listed Peak Resources has exercised its £1.8-million option for a 250-year lease to develop a rare earth refinery in the Tees Valley, in the UK. The company intends to construct its Teesside refinery on the site to receive high-grade rare earth concentrate from its Ngualla rare earth... 

Biden's EV metals import plan unlikely to match climate goals - executives

By: Reuters     27th May 2021 The Biden administration's plan to rely on ally nations for most of the metals needed to build electric vehicles (EV) ignores the complexity of modern mining and could keep the US from meeting aggressive climate goals, according to industry executives. Reuters reported on Tuesday that President... 

Biden's EV metals import plan unlikely to match climate goals - executives
Senator John Barrasso: "We have these minerals here. We should produce them and use them for American workers and consumers."

Concern over lack of JSE listings ahead of Junior Indaba  

By: Martin Creamer     27th May 2021 In anticipation of next week's Junior Indaba virtual conference, AmaranthCX director Paul Miller has updated statistics on the change in the number of listed mining companies on the JSE over time. (Also watch attached Creamer Media video.) It is not a pretty picture. (See attached chart.) 

Concern over lack of JSE listings ahead of Junior Indaba
AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Govt-Minerals Council team established to promote exploration – Mgojo  

By: Martin Creamer     26th May 2021 The Department of Mineral Resources (DMRE) and Minerals Council South Africa have established a task team to promote exploration, outgoing Minerals Council president Mxolisi Mgojo said on Wednesday. The exploration task team, Mgojo said during his address to the council’s 131st annual general... 

Govt-Minerals Council team established to promote exploration – Mgojo
Minerals Council South Africa AGM covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nolitha Fakude first woman mining industry president in 131 years 

By: Martin Creamer     26th May 2021 The board members of Minerals Council South Africa on Wednesday elected the first female president in 131 years. New president Nolitha Fakude, a former Minerals Council VP who is the chairperson of Anglo American South Africa, said she would be focusing on ensuring that mining contributes... 

Nolitha Fakude first woman mining industry president in 131 years
Top right, clockwise are Nolitha Fakude, Paul Dunne, Peter Steenkamp and Themba Mkhwanazi.

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential  

By: Martin Creamer     25th May 2021 The renowned exploration geologist linked to the colossal and still-thriving diamond discovery against all odds at the Venetia diamond mine in Limpopo, believes there is no reason why new battery and other specialist minerals cannot be discovered in South Africa, using the techniques that he... 

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential
Exploration geologist Bill McKechnie interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Rainbow notes ‘highly positive’ initial metallurgical results for Phalaborwa project

By: Tasneem Bulbulia     24th May 2021 Aim-listed Rainbow Rare Earths has recorded initial results from the ongoing metallurgical test work programme at the Phalaborwa project, in South Africa. The test work programme is being undertaken by Australian company ANSTO Minerals. 

USA Rare Earth now fully funded for DFS, demonstration plant

By: Mariaan Webb     21st May 2021 Critical minerals miner USA Rare Earth is fully funded through the completion of a definitive feasibility study for the Round Top heavy rare-earth and lithium project, in Texas, the company announced on Thursday. USA Rare Earth has completed funding of $50-million and said that it had exercised... 

USA Rare Earth now fully funded for DFS, demonstration plant
Historical drill roads at Round Top, Texas

Site works start on pioneer sustainable rare earth separation facility in the UK

By: Tasneem Bulbulia     19th May 2021 Following the easing of Covid-19 restrictions, team members from UK-based Pensana, construction engineering company pxGroup and engineering consultants Wood Group have started site works at the Saltend Chemicals Park to establish the world's first sustainable rare earth separation facility. The... 

Hire jobless geologists to capture much-needed exploration data – LEI   

By: Martin Creamer     19th May 2021 A strong call for unemployed geology graduates to be contracted to capture historic exploration data electronically has been made by Letaba Elihle Investments (LEI) principal geology consultant Siphelele (Siphe) Ntshangase. In a Zoom interview with Mining Weekly Ntshangase also called on South... 

Hire jobless geologists to capture much-needed exploration data – LEI
LEI Principal Geology Consultant Siphelele Ntshangase interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

No place for new coal in $5tr/y transition to net-zero by 2050 – IEA study 

By: Terence Creamer     18th May 2021 A new and far-reaching study of how to transition the global energy system to one with net-zero carbon emissions by 2050 highlights the need for a dramatic acceleration in the pace and scale of renewable-energy and grid investment, while simultaneously halting new fossil-fuel supply projects and... 

No place for new coal in $5tr/y transition to net-zero by 2050 – IEA study

New technologies transforming mining, metals industry – ICMM 

By: Martin Creamer     14th May 2021 New technologies are transforming the mining and metals industry, making it cleaner and safer, says the International Council on Mining and Metals (ICMM), which is progressing an 'innovation for cleaner, safer vehicles' initiative. The initiative brings together 28 of the world’s leading mining... 

New technologies transforming mining, metals industry – ICMM
An innovation for cleaner, safer vehicles initiative has been introduced.
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