Ionic wins licence to mine rare earths in Uganda
Australia’s Ionic Rare Earths (ASX: IXR) on Friday secured a large-scale mining licence for its the Makuutu heavy rare earths project in Uganda. The permit was granted by the Ugandan Directorate…
Australia, NZ & South Pacific
IsoEnergy closes $36.6M private placement for uranium hunt
IsoEnergy (TSXV: ISO; US-OTC: ISENF) has closed its previously announced private placement raising $36.6 million to continue its hunt for economic uranium deposits. The company issued about 8.1 million subscription…
Paladin becomes sole owner of Michelin uranium project in Labrador
Shares in Australia’s Paladin Energy (ASX: PDN) rose Wednesday after the company announced it had increased its interest in the Michelin uranium project, in Labrador to 100% from 75% previously. As…
Codelco makes first foray into lithium with US$245M deal for Aussie developer
Chilean state-owned copper miner Codelco, the world’s largest copper producer, has reached a deal with Lithium Power International (ASX: LPI) to buy the Australian producer of the battery metal for…
Rio Tinto cuts Canadian iron ore guidance
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has once again cut iron production targets for its iron ore operations in Canada, citing extended plant downtime and conveyor belt failures. Output from…
CMS: Catherine McLeod-Seltzer blazes a trail from the board room to the drill bit
Among the few women in mining, especially during her early years, Catherine McLeod-Seltzer often found herself in rooms full of grey-haired men named John. Yet, she has shattered glass ceilings in the industry, leaving an indelible mark on the global mining landscape.
As the independent chair of Kinross Gold (TSX: K, NYSE: KGC), one of the world’s gold majors, her story recounts perseverance, vision, and a passion for geology and exploration, The Northern Miner’s Canadian Mining Symposium heard Friday in London. Instead of seeing it as a hurdle, she turned it into an opportunity to be heard.
PNG government approves Porgera mine restart for Barrick
Barrick Gold (TSX: ABX; NYSE: GOLD) has received the go-ahead from the government of Papua New Guinea to restart the Porgera mine, which has been placed on care and maintenance…
CMS: Bring new openness to innovation, diversity, future-of-mining panel says
The future of the industry depends less on creating everything anew and more on using what is already known in new ways, mining leaders said on Thursday in London. Innovation…
CMS: Frank Giustra sees gold juniors like ‘a kid in a candy store’
Western investors have been “asleep at the wheel” with seizing on investments in the exploration and junior gold sector, entrepreneur and philanthropist Frank Giustra told The Northern Miner’s Canadian Mining…
JV Article: Novo Resources digs into the Pilbara
Western Australia’s Pilbara region is traditionally known for its massive iron ore deposits. But over the last 10 years, exploration for gold in the region has taken off and Novo…
X-Batt and Consol collaborate on coal-based battery tech
Battery material innovator X-Batt has partnered with Consol Innovations, an offshoot of Consol Energy (NASDAQ: CEIX), to fast-track their coal-based anode technology.
The two companies announced Tuesday their C-Batt Innovations joint venture, formed to push forward the development of battery materials sourced from coal.
Which critical mineral will China ban next?
Virtually every stock tied to the rare earth group of elements (REE’s) are trading around multi-year lows. Investor outlook continues to wane despite the commodities key role in neodymium magnet…