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source:AuManufacturingA patch of dirt in Dubbo, NSW and a lot of hard work are starting to pay off as a second Australian rare earths producer becomes a reality in the form of Australian Strategic Materials.In the past week ASM received firm commitments from sophisticated investors to raise $65 million to kick-start its Dubbo project and the first of a value-added metals production facilities in key markets.An entitlement offer to existing shareholders is now underway to raise a further $41 million.There are few more strategic resources than rare earths, zirconium, niobium, hafnium, tantalum a...
Release time: 2021 - 03 - 29
source:North of60 Mining NewsRacing to become Canada's first miner of rare earth elements, Vital Metals Ltd. had clocked another milestone by producing a 12-kilogram sample of rare earth carbonate in a bulk sampling program at its Nechalacho rare earths project located 100 kilometers (62 miles) southeast of Yellowknife, the capital of Northwest Territories.Vital is hoping to begin production of rare earth oxide at Nechalacho in the second quarter of 2021, with early production from a North T starter pit. The miner has completed detailed engineering for an ore sorting plant, and defined cap...
Release time: 2021 - 03 - 26
source:Creamer Media’s Mining WeeklyRainbow Rare Earths reports that key global macroeconomic trends are expected to drive a strong and diversified demand for neodymium and praseodymium (NdPr), which analysts suggest will lead to a significant supply deficit over the medium term underpinning strong pricing.To meet this deficit, Rainbow has signed a codevelopment agreement with Bosveld Phosphates to develop the Phalaborwa rare earth project in South Africa, recovering rare earths from gypsum stacks resulting from historic phosphate hard rock mining.Phalaborwa represents an “exciting near-term g...
Release time: 2021 - 03 - 25
source:InvestorIntelMarch 23, 2021 (Source) — Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce the significant discovery of Scandium (Sc), Rubidium (Rb), and Cesium (Cs) on the Big Claim of the Granada Gold Mine property, in Quebec, Canada.Results are preliminary and full core lengths have not yet been assayed in two holes drilled at the north of the Big Claim. The company encountered unusual facies of altered rock which has been sampled in portions of the drill core. The mineralized portions of the core have been assayed for 56 metals. Additional assays a...
Release time: 2021 - 03 - 24
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