source:wionewsThe Indian government on Wednesday approved the selling price as well as the royalty on lithium and rare earth elements (REEs), thereby enabling the first auction of their recently-discovered blocks, and kept royalty at “reasonable” rates to encourage private sector participation in their commercial mining.For lithium, the Indian Cabinet approved a royalty rate of three percent based on the London Metal Exchange price chargeable on the “contained lithium metal”, since the newly-discovered resources would require proper technology and quantum investment to profitably extract lithi...
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2023
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source:SMALL CAPSNickel sulphide explorer Nordic Nickel (ASX: NNL) has intersected more broad zones of disseminated nickel sulphide mineralisation during its maiden drilling program at the Pulju nickel project in northern Finland.The Perth-based company – which was selected earlier this year to participate in the inaugural BHP Xplor Program – has released assay results for a further three diamond holes, following some initial wide intercepts reported from its first hole in May.Nordic’s maiden drill campaign is focused on the Hotinvaara prospect, historically explored by mining giant Outokumpu....
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2023
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source:Prairie Public NewsRoomThey have been found in what is called the Rhame bedThe North Dakota Geological Survey has identified a second interval of rocks that contain elevated concentration of critical minerals.Those critical minerals are defined as essential to the economic or national security of the United States.The Geological Survey has been looking at the recovery of critical minerals from lignite coal beds in North Dakota.Right now, the US has little or no domestic production of those minerals – and has to import them from other countries, such as China.'Recently, China and Rus...
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2023
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source:SMALL CAPSAustralia’s emerging zero carbon copper and gold developer, QMines (ASX: QML), reports that three large anomalous copper gossans near its Mt Chalmers flagship project in Queensland have been identified using electromagnetic surveys.Analysis of the outcropping gossans returned readings of up to 0.68% copper.The large gossan outcrop extends over 700m, with an adjacent zinc soil anomaly measuring 400m by 250m.30 holes planned for new discoveryQMines says the new discovery remains undrilled.The company has planned a 30-hole drill program and is ready to begin work.The initial find...
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2023
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