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Rare Earth Minerals News

Rainbow starts PEA to refine new flow sheet for Phalaborwa project

By: Donna Slater     29th July 2021 LSE-listed Rainbow Rare Earths reports that work has started on the preliminary economic assessment (PEA) for its Phalaborwa rare earths project, in Limpopo. The PEA will compare a conventional route to produce a cerium-depleted mixed rare earths carbonate against an alternative flow sheet that... 

Critical minerals present investment opportunities

By: Tasneem Bulbulia     27th July 2021 Various minerals are critical inputs in new technology and, therefore, present opportunities for investors, research geologist Byron King said during the Green Energy Investment Opportunities virtual conference on July 27. He expounded that rare-earth minerals were used to make high-tech weapons,... 

Hastings adds to Yangibana reserves

By: Esmarie Iannucci     27th July 2021 Rare earths developer Hastings Technology has reported a 37% increase in the total rare earth oxide reserve estimate at its Yangibana project, in Gascoyne region. The company on Tuesday said that the ore reserve estimate at Yangibana now stands at 16.7-million tonnes, grading 0.95% total rare... 

Lynas reports record revenues

By: Esmarie Iannucci     26th July 2021 Rare earths miner Lynas has reported record sales revenues for the quarter ended June, on the back of strong market pricing. The ASX-listed company on Monday noted that sales revenue for the three months to June reached A$!84.9-million, up from the A$110-million reported in the fourth quarter.  

Metals make climate change mitigation possible – Citi Research 

By: Martin Creamer     23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... 

A graphic compiled the Citi Research on the fast and moderate way of meeting the Paris climate change accord.
Complying with the Paris agreement on climate change mitigation.

Hudson says Greenland projects unaffected by legislative changes

By: Creamer Media Reporter      23rd July 2021 Proposed legislation changes to ban uranium prospecting, exploration and exploitation in Greenland will not affect Hudson Resources’ projects in that country, president Jim Cambon said on Thursday. The ban does not cover other radioactive elements, such as thorium, although the proposed Bill... 

Tanzanian govt approves licence application for Peak’s rare earth project

By: Marleny Arnoldi     22nd July 2021 ASX-listed Peak Resources has announced that the Tanzanian government has approved the application for a special mining licence for the Ngualla rare earths project. Peak is now working with the government to finalise an economic framework agreement, shareholders’ agreement and other... 

Miners benefit from new govt grant

By: Esmarie Iannucci     22nd July 2021 A number of resources companies will benefit from the federal government’s near A$50-million in funding for projects that will help grow Australian businesses and create new jobs. The matched funding from the A$1.3-billion Modern Manufacturing Initiative will support eight companies in the... 

Exploration trailblazer Orion cracks retail investor code with 14 000-plus SA backers  

By: Martin Creamer     21st July 2021 More than 14 000 South Africans now own shares in the discovery and development mining company Orion Minerals, which is reflective of retail investment that can be stimulated in South Africa to support essential local minerals exploration. What is also extremely promising is that the dual listed... 

This is a picture of Errol Smart, CEO of Orion Minerals, who is also chair of Minerals Council junior miner leadership forum.
Orion Minerals CEO Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Recent Makuutu drilling points to significant rare earth deposit – Ionic

By: Donna Slater     20th July 2021 ASX-listed rare earth mineral explorer Ionic Rare Earths reports that recent results of a Phase 3 rotary air blast (RAB) exploration drill programme at its 51%-owned Makuutu rare earths project, in Uganda, provide significant upside for additional resource expansion at the project. The explorer... 

Ionic appoints Max McGarvie to board

By: Tasneem Bulbulia     19th July 2021 ASX-listed Ionic Rare Earths, further to its planned progression towards development and production at the Makuutu rare earths project, in Uganda, has appointed Max McGarvie as nonexecutive director. McGarvie is a senior mining executive with an extensive portfolio of technical and managerial... 

Mine achieves massive earnings boost after employing four more people  

By: Martin Creamer     19th July 2021 Guided by a value driver tree (VDT) study, an opencast mine increased its earnings massively after employing four additional operators at comparatively negligible cost. The operation’s earnings before interest, taxes, depreciation and amortisation (Ebitda) soared hugely from $634.3-million to... 

Gary Lane is also a director of SiMine
Value Driver Tree case study covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

China frictions steer electric automakers away from rare earth magnets

By: Reuters     19th July 2021 As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution - permanent magnets, sometimes smaller than a pack of cards, that power electric engines. Most are made of rare earth metals from... 

China frictions steer electric automakers away from rare earth magnets

Rainbow Rare Earths’ Phalaborwa project development continues unabated

By: Marleny Arnoldi     16th July 2021 London-listed Rainbow Rare Earths as assured its shareholders that its Phalaborwa project has not been impacted by the civil unrest in South Africa. The company confirmed in a statement on July 16 that its work continues unabated, which, at the moment, entails an optimised process flow sheet... 

Portfolio growth spurs construction projects

By: Anna Moross     16th July 2021 The East Manganese mine construction project, in the Northern Cape, is part of investment company Menar’s strategy to diversify its mineral portfolio, says Menar head of projects Gerhard Cronje.  

EAST MANGANESE MINE
Construction at the manganese mine began in September 2020 with various civil infrastructure components
EAST MANGANESE MINE Construction at the manganese mine began in September 2020 with various civil infrastructure components

Drill programme shows potential of Makuutu

By: Tasneem Bulbulia     14th July 2021 ASX-listed Ionic Rare Earths has received assays from the Phase 3 rotary air blast (RAB) exploration drill programme at its 51%-owned Makuutu project in Uganda, with these indicating positive results. Clay and saprolite mineralisation intersections above the cut-off grade of 200 ppm total rare... 

Life in mining-dependent countries significantly improved – ICMM 

By: Martin Creamer     14th July 2021 Life in mining-dependent countries has improved significantly in the 23 years leading up to 2018, with strong governance the key to improving socio-economic well-being, the International Council on Mining and Metals (ICMM) said on Wednesday. A report that analysed 41 social metrics grouped under... 

A picture of the CEO of the International Coiuncil on Mining and Metals
ICMM CEO Rohitesh Dhawan

Exploration is quick foreign investment ‘no brainer’, says Minerals Council’s Smart  

By: Martin Creamer     13th July 2021 Exploration is one of the quickest ways to secure foreign direct investment into South Africa for the generation of desperately needed jobs and wealth during the country's hour of need, said Minerals Council South Africa junior and emerging miners’ leadership forum chairperson Errol Smart on... 

Picture of Errol Smart, who is also CEO of Orion Minerals.
Minerals Council Junior Leadership Forum chair Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

WA miners contributed A$83bn to economy in 2019/20 - survey

By: Esmarie Iannucci     12th July 2021 A new survey by the Chamber of Minerals and Energy (CME) for Western Australia has found that the state’s mining, oil and gas, energy and contractor industries contributed a direct A$83-billion to Australia’s economy in 2019-20 and directly provided more than 94 000 full-time jobs. The survey... 

Detection device useful in African exploration

By: Darren Parker     9th July 2021 German environmental technology company InterEnviroCon’s spectrometric device for the detection of rare-earth oxides is useful in African mining and exploration because it can be successfully operated by less qualified personnel while relaying detailed information for expert analysts. Samples... 

SPECTOMETRIC DETECTION The special design of the device features a bendable measuring head with a diameter of 15 cm
SPECTOMETRIC DETECTION The special design of the device features a bendable measuring head with a diameter of 15 cm

Ionic makes strategic directorship appointment

By: Marleny Arnoldi     8th July 2021 The board of Australia-listed Ionic Rare Earths has appointed Jill Kelley executive director to drive engagement with key stakeholders and potential end-users in the US. This is in keeping with the company’s strategy of increasing its presence in North America. 

White Mesa mill ships rare earths to Neo’s Estonia facility

By: Mariaan Webb     8th July 2021 The first container of about 20 t of mixed rare earth carbonate produced at Energy Fuels’ White Mesa mill, in Utah, has been shipped to Neo Performance Materials’ rare earth separations facility in Estonia, the companies announced on Wednesday. The shipment – the first of an expected 15... 

Worker loading rare earth carbonate processed at Energy Fuels' White Mesa, Utah plant into a shipping container for transport to Neo Performance Materials' rare earth separations facility in Estonia, Europe.
The first shipment of rare earth carbonate processed by Energy Fuels at its Utah plant is heading for Neo Performance Materials' rare earth separations facility in Estonia, re-establishing a US-Europe supply chain.

Vital starts Canadian rare earth production

By: Esmarie Iannucci     6th July 2021 Junior Vital Metals has produced its first rare earth product at its Nechalancho project, in Canada. Mining operations started in May, and blasting activities were accelerated in June after wet weather delays. 

Vital starts Canadian rare earth production

Pensana starts development of pioneer Freeport rare earth processing hub

By: Tasneem Bulbulia     5th July 2021 Aim-listed Pensana says that, following the recent £15-million premium equity raise which was strongly supported by the company’s major shareholders, early-stage development has started on the establishment of its rare earth processing hub at the Saltend Chemicals Park in Humber, in the UK. The... 

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Another Kavango project shows drilling potential

By: Marleny Arnoldi     2nd July 2021 London-listed rare earths explorer Kavango Resources has identified seven drill-ready targets at its joint venture (JV) Ditau project, in Botswana. Ditau is held in 50:50 JV with fellow-listed Power Metal Resources, with Kavango being the operator.  

Decarbonisation, hydrogen, mine dump value make headlines   

2nd July 2021 Mining Weekly Editor Martin Creamer unpacks the Anglo American partnership that has seen the use of sustainable biofuel to power a chartered capesize ship during a voyage from Singapore to South Africa as part of a decarbonisation initiative; hydrogen being touted as a huge moment of opportunity... 

Decarbonisation, hydrogen, mine dump value make headlines
Decarbonisation, hydrogen, mine dump value make headlines

Pensana’s role in development of sustainable global rare earth supply chain recognised

By: Simone Liedtke     28th June 2021 US think tank Foreign Policy Research Institute (FPRI) has named London-listed Pensana among the companies and developments critical to creating a sustainable global rare earth supply chain independent of China. In an essay, titled ‘America’s Critical Strategic Vulnerability: Rare Earth... 

Ionic appoints Mincore as engineering manager for Makuutu feasibility study

By: Simone Liedtke     28th June 2021 The board of rare earth developer Ionic Rare Earths Limited (IonicRE) has awarded Melbourne-based Mincore the engineering manager role for the completion of a feasibility study for its 51%-owned Makuutu rare earths project, in Uganda. IonicRE has started the study and will now work closely with... 

EFA gives tentative backing to Dubbo

By: Esmarie Iannucci     28th June 2021 Export Finance Australia (EFA) has conditionally offered financial support to secure A$200-million in debt funding for the Dubbo rare earths project, in New South Wales, being developed by ASX-listed Australian Strategic Materials (AMS). The EFA has advised AMS that it will commence detailed... 

Iron-ore drives Aus exports to record highs

By: Esmarie Iannucci     28th June 2021 New data from the Office of the Chief Economist has estimated that Australia’s resources and energy exports would reach a record A$310-billion in 2020-21, with nearly half of the earnings coming from iron-ore alone. Exports are expected to increase further to A$334-billion in 2021-22, before... 

Iron-ore drives Aus exports to record highs

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

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... 

MANAGING MANGANESE
Ukwazi is able to help manganese mines optimise their processes and operations
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... 

ICMM health, safety and product stewardship director Sarah Bell
International Council on Mining and Metals’ Sarah Bell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
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