R/€ = 17.06 Change: -0.10
R/$ = 16.74 Change: -0.22
Au 1763.73 $/oz Change: -41.48
Pt 862.73 $/oz Change: -14.17

Rare Earth Minerals News

Mkango celebrates Songwe Hill DFS completion milestone 

By: Schalk Burger     5th July 2022 Rare earth elements mineral exploration and development company Mkango Resources has completed a definitive feasibility study (DFS) for its Songwe Hill rare earths project, in Malawi, which estimates that the company will have to invest $277-million in the project’s development. The TSX-V- and... 

GGG secures arbitration funding

By: Esmarie Iannucci     5th July 2022 ASX-listed Greenland Minerals (GGG) has secured litigation funding from Woolridge Investments, a wholly-owned subsidiary of Burford Capital, to fully fund the arbitration costs in the dispute with the government of Greenland and the government of the Kingdom of Denmark. GGG earlier this year... 

Mine haulage transition to electric offered without disruption   

By: Martin Creamer     1st July 2022 If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating what would take 46 000 trees to absorb. That mammoth sustainability benefit was driven home firmly... 

Creamer Media screenshot.
ABB's Erik Pretorius interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

AfriTin's Robert Sewell joins Mkango as CFO

By: Creamer Media Reporter      30th June 2022 Aim- and TSX-V-listed Mkango Resources has appointed Robert Sewell CFO.  Sewell joins the company from AfriTin Mining, where he was CFO during the construction and commissioning of its Uis tin mine, in Namibia.  

Pro-China agents posed as activists to protest US, Canada mines

By: Bloomberg     29th June 2022 Pro-Chinese agents posed as concerned local residents on social media to try and spark protests over the opening of rare earth mines in the US and Canada, cybersecurity researchers said in a new report. The fake Twitter and Facebook accounts were created to give China, the largest producer of... 

South Africa in a position to export energy – Anglo American Platinum 

By: Martin Creamer     28th June 2022 South Africa is one of only four countries that has more renewable energy available to it than what it needs for itself, which places the country in a very strong position to be able to export energy, with hydrogen in the form of ammonia, hydrogen gas or liquid hydrogen among the best ways of... 

Anglo American Platinum CEO Natascha Viljoen.
Anglo American Platinum CEO Natascha Viljoen.

Rainbow to patent innovative rare earth extraction method

By: Marleny Arnoldi     28th June 2022 London-listed Rainbow Rare Earths has completed a process flowsheet to efficiently extract rare earth elements from the phosphogypsum stacks at its Phalaborwa project, in South Africa. Rainbow developed the extraction process alongside US-based K-Technologies, following extensive test work by the... 

Renewables plans poised to slash Scope 2 emissions at Grootegeluk coal mine by up to 90%  

By: Martin Creamer     27th June 2022 Going forward, combined renewables plans already in place are poised to slash Scope 2 emissions at Exxaro Resources’s Grootegeluk coal mine in Limpopo by up to 90%. The renewable strategy being executed by coal miner Exxaro’s wholly owned green energy arm – Cennergi – is the key driver of the... 

Exxaro/Cennergi MD Energy Roland Tatnall
Exxaro/Cennergi MD energy Roland Tatnall interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer,

High-purity manganese facing phenomenal demand growth, PDAC hears 

By: Martin Creamer     24th June 2022 The commitment of at least six major motor companies to manganese-based batteries for battery electric vehicles (BEVs) is elevating the demand outlook for high-purity manganese phenomenally, a Prospectors & Developers Association of Canada (PDAC) conference has been told. CPM Group lead manganese... 

Creamer Media screenshot.
CPM Group lead manganese analyst Andrew Zemek.

Deeming could bring regulatory certainty to much-needed minerals investment – NSDV  

By: Martin Creamer     23rd June 2022 The detraction of the South African investment market is the uncertainty around approval timelines and the implementation of a deeming provision could change all that by treating applications as approved after the passing of a set period of time. Many want to invest in exploration and mining... 

NSDV advisory head Mark Gilbert.
NSDV Advisory Head Mark Gilbert interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hastings takes full ownership of Yangibana tenements

By: Esmarie Iannucci     23rd June 2022 Rare earths developer Hastings Technology Metals has struck a A$9-million deal with Cadence Minerals to acquire its 30% interest in the Yangibana joint venture (JV) tenements, in Western Australia. Following the acquisition, which would be satisfied by the issue of fully paid ordinary shares in... 

Iluka awards FEED contract at Eneabba

By: Esmarie Iannucci     22nd June 2022 ASX-listed miner Iluka has awarded a front-end engineering and design (FEED) contract to Fluor Australia at its Eneabba rare earths refinery, along with a contract to undertake engineering, procurement and construction management (EPCM) services. Iluka in April took a final investment decision... 

Yellen urges less dependence on other nations for key supplies

By: Bloomberg     21st June 2022 Treasury Secretary Janet Yellen said the US should work on shifting dependence on some nations for supplies of critical inputs as global supply-chain logjams have hurt the domestic economy. “We saw during the pandemic that our supply chains were very brittle and really lacking in resilience,”... 

Kazera signs heads of terms to acquire 71% of Kenyan rare earths company

By: Marleny Arnoldi     21st June 2022 Aim-listed Kazera Global has signed a binding heads of terms with Great Lakes Graphite to acquire 71% of its share capital for a total consideration of £750 000 to be paid in three stages. This will provide the company exposure to three highly prospective exploration licences in Kenya.  

Imperial unveils PEA for Crater Lake scandium/REE project

By: Mariaan Webb     20th June 2022 The Crater Lake TG Zone project, northeast of Schefferville, Quebec, has the potential to be a long-term provider of critical scandium and magnet rare earth to world markets, a preliminary economic assessment (PEA) has confirmed. The PEA, conducted by WSP Canada, calculated that the project has... 

Green hydrogen’s business case significantly strengthened, summit hears 

By: Martin Creamer     17th June 2022 Green hydrogen, when earlier identified as a necessary clean energy source to help the world achieve net-zero emissions in the coming decades, was higher up the cost curve than fossil fuels. Now that has changed with this week’s Financial Times Hydrogen Summit emphasising that green hydrogen’s... 

Creamer Media screenshot
FT Hydrogen Summit panel discussion.

Vital starts commissioning of Canadian REE plant

By: Esmarie Iannucci     17th June 2022 Canadian rare earths miner Vital Metals has started commissioning its rare earth extraction facility in Saskatoon, Canada, starting ore feed into the dense media separation (DMS) plant. Vital will commission the Saskatoon facility incrementally over coming months with plans to produce a 2.5 t of... 

ESG provides profitable returns from smart capital allocation – analyst

By: Martin Creamer     15th June 2022 Environmental, social and governance (ESG) frameworks not only help businesses and the communities in which they operate but can also generate positive returns as mining companies reduce operating expenses and receive favourable investor interest and cheaper finance. When it comes to ESG, the... 

Picture supplied.
Nedbank mining equity analyst Arnold van Graan.

Lynas wins $120m HRE contract in the US

By: Esmarie Iannucci     14th June 2022 Rare earths miner Lynas has been awarded a $140-million contract with the US Department of Defense (DoD) to establish a first of its kind commercial heavy rare earths (HRE) separation facility in the US. “The development of a US HRE separation facility is an important part of our accelerated... 

Image shows Lynas CEO Amanda Lacaze
Lynas CEO Amanda Lacaze

All Star completes due diligence on South African, Zambian projects

By: Darren Parker     13th June 2022 AQSE-listed mining investing company All Star Minerals has announced the successful completion of its due diligence over the Blesberg lithium and tantalum project in South Africa and the Nkombwa Hill tantalum, rare earth elements and phosphate project in Zambia. This followed All Star’s... 

Future metals beneficiation bonus on way for already hugely endowed Northern Cape 

By: Martin Creamer     10th June 2022 Modern technology and global decarbonisation demand is positioning South Africa’s already incredibly well-endowed Northern Cape with big beneficiation bonanza potential, in addition to being a green minerals, green metals and green energy haven. Rapidly developing clean beneficiation technology... 

Creamer Media screenshot.
Future-facing metals in abundance in Northern Cape.

Southern Palladium, Steenkampskraal, Rocsole, Kal Tire make headlines   

10th June 2022 Mining Weekly Editor Martin Creamer unpacks Southern Palladium's listing on the JSE; Steenkampskraal's rare earths development; and Rocsole stressing the need for increased efficiency to cut carbon emissions and Kal Tire tackling mine tyre waste through the circular economy approach.   

Photo of Martin Creamer
Southern Palladium, Steenkampskraal, Rocsole, Kal Tire make headlines

Small remaining equity needed for restart of rich old copper mine in Northern Cape 

By: Martin Creamer     9th June 2022 A mine that produced some of South Africa’s best copper and zinc concentrates back in the day is capable of being brought back into production in 19 months after reconstruction go-ahead. Only a very little portion of equity is still required for the restart of the Prieska copper/zinc mine, which... 

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Where Orion Minerals is developing mines.

Phase 2 exploration programme at Altona’s Monte Muambe on track

By: Creamer Media Reporter      8th June 2022 Exploration company Altona says the Phase 2 exploration programme at its flagship Monte Muambe rare earths project, in Mozambique, is progressing on schedule for the completion of a maiden Joint Ore Reserves Committee resource statement by the first quarter of 2023 and a preliminary economic... 

Increased efficiency cuts carbon, advances net-zero path, research finds  

By: Martin Creamer     8th June 2022 Like all other key industries, mining is having to advance along a net-zero path as part of the global decarbonisation drive. Gone are the days when innovation and financial improvement can be sold on their own without a carbon advantage. (Also watch attached Creamer Media video.) 

Creamer Media screenshot.
Rocsole CEO Mika Tienhaara interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Rare earths mining marking time amid prospecting bid to explore on same site 

By: Martin Creamer     7th June 2022 A rare earths development is marking time owing to a prospecting right appeal to explore where a mining right has already been granted, Steenkampskraal chairperson Trevor Blench disclosed at last week’s Junior Indaba. The Steenkampskraal mine contains all fifteen rare earths, including those that... 

Picture supplied
Steenkampskraal chairperson Trevor Blench.

Hasting having a blast at Yangibana

By: Esmarie Iannucci     7th June 2022 Rare earths developer Hastings Technology Metals has marked the first construction blast at its A$658-million Yangibana project, in Western Australia. The company said on Tuesday that the blast represented the start of the next phase of infrastructure development works at Yangibana, on the way... 

MoU formed to pursue rare earths extraction from phosphoric acid manufacturing

By: Donna Slater     6th June 2022 Rare earths miner Rainbow Rare Earths has entered into a memorandum of understanding (MoU) with a diversified chemicals group to investigate extracting rare earth elements from a nitro phosphate process stream at the chemicals group’s phosphoric acid production plant near Johannesburg. The... 

Circular economy prompting steel, oil, carbon recovery from end-of-life mine truck tyres  

By: Martin Creamer     6th June 2022 Highest and best use of ultra-large end-of-life mine truck tyres is being brought about by a change to the model in which resources are mined, made into products, and then become waste. Just one of these giant tyres can weigh 4.5 t and stand 14 feet tall. Put five of the 63-inch variety into a... 

Picture supplied.
Kal Tire’s Dan Allan speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Energy transition will require many times more metals than are currently mined

By: Darren Parker     3rd June 2022 Given the rate of population growth, a 10% penetration of electric vehicles (EVs) into the automotive market by 2030 would require the mining industry to produce about ten times more metals than what it currently produces, Rainbow Rare Earths CEO George Bennett has said. “Most people don't... 

Ionic plans for further rare earths exploration in Uganda

By: Darren Parker     1st June 2022 Rare earth elements (REE) developer Ionic Rare Earths has conducted a review to establish further exploration potential at its Makuutu project, in Uganda, and plan the work programmes to be conducted over the next 12 months. This followed on the back of a May 3 update to the Makuutu mineral... 

Far-reaching JSE reforms highlighted at exploration-focused Junior Indaba 

By: Martin Creamer     1st June 2022 The June 1 launch of the JSE’s new Cutting Red Tape initiative to make listing on the JSE considerably easier, faster and more sustainable is twinning with JSE’s recent private placements inventiveness that provides for the raising of capital in the private market for minerals exploration and the... 

Picture supplied by JSE.
JSE head of origination and deals Sam Mokorosi.

Australian Rare Earth raises funds

By: Esmarie Iannucci     1st June 2022 ASX-listed Australian Rare Earths will raise A$8.1-million in a share placement to domestic and global institutional investors. The company on Wednesday announced that it had received firm commitments for the placement of 18.5-million shares, priced at 44c each, representing a 6% discount to its... 

UK govt provides support to Pensana’s Saltend refinery

By: Marleny Arnoldi     30th May 2022 London-listed Pensana’s plans to develop a £150-million rare earths refinery at the Saltend Chemicals Park, in the UK, have been approved by the East Riding of Yorkshire Council (ERYC). Pensana seeks to create a magnet metals supply chain in the UK, especially considering that 90% of the... 

Mkango, CoTec to collaborate on downstream rare earth technologies

By: Tasneem Bulbulia     30th May 2022 Aim- and TSX-V-listed Mkango has signed a nonbinding term sheet with environment, social and governance-focused company CoTec Holdings, in relation to investments by CoTec into Mkango and Mkango’s subsidiary, Maginito, and in collaboration in downstream rare earth technologies. The transactions... 

JV stalls, but still on offer

27th May 2022 Diamond exploration company Botswana Diamonds (BOD) announced earlier this month that, despite intensive advanced and ongoing discussions with interested parties, the board has been unable to secure a new joint venture (JV) partner to acquire the Ghaghoo mine, in Botswana before the extended... 

A mine vehicle moving into the mouth of the Ghaghoo mine in Botswana which is up on offer by Gem Diamonds
GOING GOING GHAGHOO Botswana Diamonds continues ts discussions with potential JV partners to acquire the Ghaghoo mine in Botswana

South Africa must reform its regulatory environment, make itself investor-friendly – simple  

By: Martin Creamer     26th May 2022 South Africa must reform its regulatory environment and make itself investor-friendly – simple. That is the straight-forward view of Dr Mathews Phosa, who was speaking to Mining Weekly in his capacity as the non-executive vice-chairperson of the high-flying Jubilee Metals Group plc, a London Aim-... 

Picture supplied
Jubilee's Dr Mathews Phosa interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Hydrogen can be stored in existing fossil fuel infrastructure for years, world webinar hears  

By: Martin Creamer     26th May 2022 Hydrogen can be stored in existing fossil fuel infrastructure for years if need be, giving it the potential to become a universal energy carrier in the same way as oil is now but without the environmental impact, World Hydrogen Leaders webinar heard this week. Allowing hydrogen to make use of... 

Picture provided.
Hydrogenious LOHC Technologies strategy and implementation head Dr Andreas Lehmann.
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