R/€ = 17.18 Change: -0.02
R/$ = 14.15 Change: -0.01
Au 1851.11 $/oz Change: 17.93
Pt 1231.50 $/oz Change: 7.00

Rare Earth Minerals News

Pensana applies for UK’s first rare earth processing facility

By: Esmarie Iannucci     25th January 2021 Rare earths developer Pensana has submitted a planning application for its rare earth oxide separation facility in Yorkshire. The company told shareholders on Monday that the application could take up to three months to review. The $125-million facility is expected to employ some 100 direct... 

Pensana seeks to change name ahead of ASX delisting next month

By: Simone Liedtke     22nd January 2021 Ahead of the company’s delisting from the ASX next month, Pensana Rare Earths is considering changing its name to Pensana. In a statement on January 22, the rare earth oxide producer confirmed that it will be holding a general meeting on February 8 and has urged shareholders to vote on the name... 

Lynas gets going on US project

By: Esmarie Iannucci     22nd January 2021 Australian rare earths major Lynas has reached an agreement with the US government to build a commercial light rare earths separation plant. The US Department of Defence in July last year told Lynas of its intent to award the company with a Phase 1 contract for a US-based heavy rare earths... 

Pensana to delist from the ASX

By: Donna Slater     18th January 2021 LSE-listed rare earth and magnet metals developer Pensana Rare Earths plans to delist from the ASX. It has requested a trading halt while it makes an application to the ASX about the proposed delisting.  

Rio Tinto enters scandium market with Canada plant

By: Mariaan Webb     15th January 2021 Diversified major Rio Tinto is set to become North America’s first producer of scandium oxide, with the construction of a commercial scale demonstration plant at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. Rio Tinto is investing$6-million in the construction... 

China's annual rare earths exports slump to 5-year low

By: Reuters     14th January 2021 China's rare earths exports fell to a five-year low last year, customs data showed on Thursday, after the coronavirus hit overseas demand and as more supply was used in domestic industries. Shipments reached 35 448 t, down 23% from 46 330 t in 2019 and the lowest since 2015, according to Reuters... 

Kenmare records strong fourth-quarter output on the back of higher-grade ore

By: Marleny Arnoldi     13th January 2021 London-listed Kenmare Resources says it experienced a pivotal time in the fourth quarter of last year, benefitting from higher ore grades and higher ilmenite prices. During the quarter under review, the company started mining the Pilivili orezone at its Moma titanium minerals mine, in... 

Montero secures funding for lawsuit against Tanzanian government

By: Creamer Media Reporter      10th January 2021 Junior exploration company Montero Mining and Exploration has completed a litigation funding agreement with Omni Bridgeway Canada to draw down $2.32-million from a financing facility to meet fees and expenses relating to Montero's pursuit of legal claims against the government of Tanzania.... 

Rainbow completes drilling at Phalaborwa rare earths project

By: Tasneem Bulbulia     7th January 2021 Aim-listed Rainbow Rare Earths has completed an auger drilling programme at the Phalaborwa rare earths project, in South Africa. The programme was aimed at delivering an inferred Joint Ore Reserves Committee-compliant resource classification, within the 35-million-tonne gypsum stacks. 

Power Metal accelerates payment for JV with Kavango

By: Tasneem Bulbulia     6th January 2021 London-listed Power Metal Resources has elected to immediately pay its initial $150 000 cash contribution towards exploration into the strategic joint venture (SJV) with fellow listed  Kavango Resources.  The SJV covers precious, base and strategic metal opportunities in Botswana. 

Critical Metals closing in on potential investment opportunities in Africa

By: Marleny Arnoldi     6th January 2021 Investment company Critical Metals says it stands ready to drive its strategy forward, despite the uncertainty around the supply of and demand for critical metals, as the need to invest in a stable supply becomes increasingly apparent. Despite 2020 being considered a difficult year by the... 

Additional drill results at Namibia Critical Metals’ project confirm multiple dysprosium zones

By: Simone Liedtke     6th January 2021 Additional drill results from TSX-V-listed Namibia Critical Metals’ Area 2B satellite deposit on the Lofdal heavy rare earth project, in northern Namibia, confirm multiple dysprosium zones to 190 vertical meters. “Continuing positive drill results from Area 2B are confirming the importance of... 

Medallion commissions life cycle assessment for monazite process

By: Tasneem Bulbulia     5th January 2021 Canada-based Medallion Resources has engaged UK-based life cycle assessment (LCA) provider Minviro to deliver an International Organisation for Standardisation (ISO)-compliant gate-to-gate LCA model for its proprietary Medallion Monazite Process which extracts rare-earth elements (REE) from... 

Major Mkango shareholder agrees to cashless exercise of warrant

By: Marleny Arnoldi     4th January 2021 TSX-V- and Aim-listed Mkango Resources has announced that a significant shareholder Talaxis has agreed to amend the terms of a warrant held by it to enable a cashless exercise, in an effort to minimise dilution to Mkango shareholders. The warrant had been due to expire on December 31. 

Kavango completes first stage of Ditau orientation work

By: Donna Slater     4th January 2021 Botswana-focused explorer Kavango Resources has completed the first stage of orientation work on one of the I10 ring structures at its Ditau project, which includes two prospecting licences (PL169/2012 and PL010/2019) in a strategic joint venture with Power Metal Resources. The ring structures... 

Rainbow completes Phalaborwa due diligence

By: Creamer Media Reporter      18th December 2020 LSE-listed Rainbow Rare Earths has completed an initial due diligence of the Phalaborwa rare earths project, in South Africa. Rainbow and Bosveld Phosphates in November entered into a co-development agreement for the Phalaborwa project, which holds about 35-million tonnes of gypsum resulting from... 

Energy Fuels to enter commercial REE business in Q1

By: Mariaan Webb     14th December 2020 US-based Energy Fuels is set to become a rare earth producer in the first quarter of 2021, announcing on Monday that it had entered into a supply agreement to process monazite at its White Mesa mill, in Utah. The company signed a three-year supply deal with the Chemours Company to acquire 2 500... 

Energy Fuels to enter commercial REE business in Q1
The White Mesa mill, in Utah

Rare earth producers aim to agree global environment standards in 2021

By: Reuters     14th December 2020 Producers of rare earths, under increasing pressure from their industrial buyers over longstanding pollution issues, are hammering out a single set of global environmental standards, the head of the industry association has told Reuters. Manufacturers of products such as electronic goods and... 

Steps South Africa needs to take to attract global exploration investment 

By: Martin Creamer     10th December 2020 Countries wanting to attract exploration investment need readily available geophysics data to offer to prospective investors. “Geophysics is now key to the exploration industry, particularly for metalliferous-type deposits, which have the largest value,” Exploration Geological Consultancy MD... 

Steps South Africa needs to take to attract global exploration investment
Photo by Creamer Media
Exploration Geological Consultancy MD Regina Molloy

Pensana selects location for UK rare earth processing facility

By: Donna Slater     7th December 2020 ASX- and LSE-listed magnet metal and rare earth miner Pensana Rare Earths reports that the Saltend Chemicals Park in the Humber Local Enterprise Partnership has been selected as the proposed site to build the UK’s first rare earths processing facility aimed at creating a sustainable magnet metal... 

Arcadia seeks JV partners or buyers for Wyoming prospect

By: Marleny Arnoldi     4th December 2020 Wyoming-based rare earths explorer Arcadia Minerals has asked EnerCom to assist in identifying potential joint venture (JV) partners or buyers for its properties. Arcadia owns two proven resource blocks on 1 133 ha located in Wyoming, containing zirconium, titanium and rare earths.  

Arcadia seeks JV partners or buyers for Wyoming prospect
Rare earth oxides

Kenmare nears grid-connected operations, startup of pump system

By: Marleny Arnoldi     3rd December 2020 London-listed Kenmare Resources expects operations at its Pilivili deposit, at the Moma titanium minerals mine, in Mozambique, to be running on grid power before the end of the year, after having been run on diesel-powered generators during its recommissioning. This while the project’s heavy... 

Mkango sends rare earths samples for testwork

By: Marleny Arnoldi     3rd December 2020 Aim-listed Mkango Resources’ Malawian subsidiary has completed an extensive hand-auger drilling and soil sampling programme to identify rutile prospects within the 869 km2 Mchinji licence, in Malawi. The samples have been transported to a specialist assay laboratory Scientific Services in Cape... 

Trump taps loan programme he tried to kill to help mineral mining

By: Bloomberg     1st December 2020 The Trump administration is tapping an Energy Department clean-energy loan program it tried to kill to help uranium producers, as well as miners of other minerals deemed critical by the administration. The Energy Department announced Tuesday that it will issue guidance giving preference to... 

Trump taps loan programme he tried to kill to help mineral mining
US President Donald Trump

Mkango announces grant-funded project for recycling audio products’ rare earths

By: Marleny Arnoldi     30th November 2020 Aim-listed Mkango Resources has announced that its indirect subsidiary HyProMag and partners, European Metal Recycling (EMR) and the University of Birmingham, have been awarded a grant by the Industrial Strategy Challenge Fund, delivered by UK Research and Innovation, for a new project called... 

Rainbow raises £2.56m for drilling, testwork and trial mining on two projects

By: Marleny Arnoldi     27th November 2020 London-listed rare earths producer Rainbow Rare Earths has conditionally issued about 43-million new ordinary shares at a price of 6p apiece, thereby raising gross proceeds of £2.56-million. The company will use the proceeds for general working capital purposes, including an initial $250 000... 

Lynas Kalgoorlie planned for 2021 construction

By: Esmarie Iannucci     26th November 2020 Rare earths miner Lynas is hoping to start construction of its Kalgoorlie cracking and leaching facility by mid-2021, subject to approvals. “The team has completed the high level design and they are currently completing detailed engineering design and procurement,” Lynas CEO Amanda Lacaze told... 

US rare earths miner MP profit surges in first results post listing

By: Reuters     24th November 2020 MP Materials Corp said on Monday its third-quarter profit jumped more than fivefold, days after the US rare earths miner went public on the New York Stock Exchange through a deal with Fortress Value Acquisition Corp. The Pentagon awarded $9.6-million to MP Materials last week, to help boost... 

Coal mine on point of turning acid mine drainage into potable water at no cost  

By: Martin Creamer     23rd November 2020 An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about R11... 

Coal mine on point of turning acid mine drainage into potable water at no cost
Trailblazer Technologies director John Bewsey interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Bluejay joins alliance for sustainable critical metals

By: Marleny Arnoldi     23rd November 2020 Aim-listed Bluejay Mining has joined the European Raw Materials Alliance (Erma). Erma was launched in September by the European Commission, as part of its action plan on critical raw materials.  

Numerous studies will inform construction decisions for Pensana in the new year

By: Marleny Arnoldi     16th November 2020 LSE- and ASX-listed Pensana Rare Earths reports that it continues to progress two studies towards becoming a rare earths miner and establishing a magnet metal supply chain to meet rare earths demand from the electric vehicle and offshore wind industries. The company has appointed consultants... 

Nigerian billionaire plans to dig platinum mine in Zimbabwe

By: Bloomberg     11th November 2020 Bravura Holdings, owned by Nigerian billionaire Benedict Peters, has $1-billion available for the development of a platinum mine in Zimbabwe, its country manager said. The 3 000 ha concession where it plans to dig the mine is in Selous, 80 km south of Zimbabwe’s capital Harare and close to... 

Tanzania finalising permit for its first rare-earth metals mine

By: Bloomberg     5th November 2020 Tanzania is in the final stages of approving a permit for the country’s first rare earths mine to Australian company Peak Resources as the government seeks a bigger share of revenue from natural resources. The State is also finalising a gold-mining license for another Australian company, OreCorp... 

Energy Fuels produces REE concentrate at White Mesa 

By: Mariaan Webb     4th November 2020 Uranium miner Energy Fuels on Tuesday announced a “major” milestone in US rare earth element (REE) production, with the company successfully producing REE concentrate at it White Mesa mill, near Blanding, Utah. The REE concentrate was produced using existing infrastructure and technologies at... 

Energy Fuels produces REE concentrate at White Mesa
The White Mesa mill, in Utah

Exploration is priority, says Mineral Resources Minister Gwede Mantashe  

By: Martin Creamer     3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe
The Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Rainbow, Bosveld to co-develop South African rare earths project

By: Tasneem Bulbulia     3rd November 2020 Aim-listed Rainbow Rare Earths has signed a binding agreement for the co-development of the Phalaborwa rare earths project, in South Africa, with Bosveld Phosphates. The project comprises about 35-million tonnes of gypsum resulting from historic phosphate hard rock mining, containing rare earth... 

Rainbow, Bosveld to co-develop South African rare earths project
Photo by Bloomberg
Rare earth elements

Mkango starts drilling for rutile, ilmenite at Malawi licence

By: Marleny Arnoldi     3rd November 2020 TSX-V- and Aim-listed rare earths developer Mkango Resources has started with an extensive hand-auger drilling and soil sampling programme to identify rutile prospects within its 869 km2 Mchinji licence, in Malawi. The programme follows up on reconnaissance work, which resulted in the discovery... 

Flow-through must not only incentivise exploration but also market participation – Miller 

By: Martin Creamer     2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... 

Flow-through must not only incentivise exploration but also market participation – Miller
Photo by Creamer Media
Mining supply sales consultancy AmaranthCX director Paul Miller
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