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HomeRare Earth Minerals

Rare Earth Minerals

Hudbay Minerals
Critical Minerals

Hudbay Minerals shares rise on record revenue for 2023

February 23, 2024 Mariel Alumit

Hudbay Minerals (TSX, NYSE: HBM) shares rose on Friday following the company’s announcement of record quarterly and annual revenue of $602.2 million and $1.69 billion, respectively. Cash flow (before changes in non-cash working capital) also […]

Montage Gold
Rare Earth Minerals

Montage Gold gains on Lundin-backed financing

February 23, 2024 Stu Turley

  Montage Gold (TSXV: MAU) this week hired a new CEO and doubled a Lundin Group-backed stock offering to fund the $712 million Koné gold project in Côte d’Ivoire. Toronto-based Montage is increasing the fundraising […]

carbon
AI

AI to help determine best carbon capture material

February 23, 2024 Mariel Alumit

  US-based researchers are working on speeding up the process of identifying metal-organic framework materials (MOFs) that are suitable for carbon capture and storage. MOFs are porous materials that can selectively absorb carbon dioxide and […]

Sibanye-Stillwater
Rare Earth Minerals

Sibanye-Stillwater to cut 2,600 jobs in South Africa

February 23, 2024 Stu Turley

  Sibanye-Stillwater (JSE: SSW)(NYSE: SBSW) said on Friday it had reduced the number of planned job cuts across its South African platinum group metal (PGMs) operations to 2,600 after talks with stakeholders, including labour unions. […]

China
Critical Minerals

Zijin to expand Tibet copper mine expected to be world’s largest

February 23, 2024 Mariel Alumit

China’s Zijin Mining Group announced on Friday that is going ahead with the second phase of a major expansion at its Julong copper project in Tibet, as it has received government approval. The permit will allow […]

Iron ore
Critical Minerals

Iron ore boom of the 2000s repeating – this time with critical metals

February 23, 2024 Mariel Alumit

  A headline published in The Age back in July 2003 reads: “[Andrew] Forrest has a grand $1.2bn plan for tiny Perth mining company.” That company was called Allied Mining and Processing and you’ve probably never heard of it. But […]

Critical Minerals

Surge Battery declares highest-grade lithium clay resource in US

February 22, 2024 Mariel Alumit

Surge Battery Metals (TSXV: NILI) said on Thursday that its flagship lithium project in Nevada is host to the highest-grade US clay resource, containing 4.7 million tonnes (inferred) of lithium carbonate equivalent (LCE) grading 2,839 […]

British
Energy Policy

British Columbia will not proceed with proposed amendments to Land Act, minister says

February 21, 2024 Mariel Alumit

  British Columbia’s Ministry of Water, Land and Resource Stewardship announced on Wednesday that it will not be proceeding with the proposed amendments to the province’s Land Act. In January, the Ministry posted on its […]

Wesdome
International News

Wesdome drills more high grades at Eagle River gold mine in Ontario

February 21, 2024 Mariel Alumit

Wesdome Gold Mines (TSX: WDO) continues to drill the recently discovered high-grade Falcon 311 zone at its Eagle River gold mine with bonanza results. Hole 857-E-24 returned 269.6 g/t gold over 2.3 metres, including 1,261 […]

SQM
Rare Earth Minerals

SQM makes $9.4m follow-on investment in UK battery recycling firm

February 21, 2024 Stu Turley

  Sociedad Química y Minera (SQM), through its corporate venture arm SQM Lithium Ventures, announced Wednesday a follow-on investment of $9.43 million in Altilium, a UK-based technology company that focuses on decarbonization of automotive supply chains. […]

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