source:SmallcapsFurther lab analysis has confirmed the potential for Eclipse Metals’ (ASX: EPM) Ivittuut project in Greenland to contain high-grade rare earth elements (REE) along with zinc and tin.A week ago, the Perth-based explorer announced it had returned high-grade REE results from a review of historical drilling data from the Ivittuut mine precinct and nearby Gronnedal-Ika carbonatite area.In today’s announcement, Eclipse revealed core sample analysis from Gronnedal-Ika returned high-grade results of up to 1,245 parts per million praseodymium with anomalous zinc values, while samples fr...
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2021
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source:ProactiveThe subsidiary's portfolio is being finalised in advance of a planned spin-out and London IPO.Power Metal Resources PLC (AIM:POW) has struck a deal to acquire the Selta project, in Australia’s Northern Territory.The project is being acquired by the company’s subsidiary First Development Resources (FDR), buying the URE Metals vehicle which owns Selta. The transaction to acquire Selta will be paid in FDR shares, not Power Metal equity.It is envisaged that FDR may will subsequently be listed in London’s capital markets and the business is, in the meantime, seeking further proj...
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2021
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source：proactiveThe company is exploring the potential to re-establish a port facility at the land-backed wharf – a jumping-off point for future exports of quartz, cryolite and fluorite mineralisation through redeveloping the historical Ivittuut pit in southwest Greenland.Samples collectedDuring helicopter reconnaissance, samples were collected from the Ivittuut mine dumps and tailings and the Gronnedal-Ika carbonatite intrusive. These have now been received in Perth and sent to local laboratories for detailed chemical and mineralogical analysis.The XRF results taken from outcrops at Gronnedal...
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2021
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source:Phys.orgRare earth elements from ore are vital for modern life but refining them after mining is costly, harms the environment and mostly occurs abroad.A new study describes a proof of principle for engineering a bacterium, Gluconobacter oxydans, that takes a big first step towards meeting skyrocketing rare earth element demand in a way that matches the cost and efficiency of traditional thermochemical extraction and refinement methods and is clean enough to meet U.S. environmental standards.'We're trying to come up with an environmentally friendly, low-temperature, low-pressure...
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2021
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