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source:ShareCastAn initial resource estimate confirmed the large scale and potential 'substantial value' of Polymetal's niobium and rare-earth metals project at Tomtor.The resource estimate of 13.2 metric tonnes of ore available for open pit mining was based on data obtained from the drilling of 652 holes since 1990 with a total length of 42 kilometres.Located in the north-west of Yakutia, in the Russian Federation, the project is one of the largest and highest grade rare earth projects in the country and the highest grade development stage project for niobium in the world.The proj...
Release time: 2020 - 09 - 08
source:The Market HeraldHammer Metals (HMX) and its joint venture partner Japan Oil, Gas and Metals National Corporation (JOGMEC) will expand on exploration at the Mount Isa Copper-Gold Project in QueenslandIt follows positive results from drilling, including from two holes at the Shadow prospect, which revealed a wide zone of copper mineralisationAs such, Hammer Metals and JOGMEC have decided to expand upon exploration in the areaHowever, the latest drill hole at the Toby prospect failed to explain the presence of conductors and a downhole electromagnetic (EM) program will be carried out at t...
Release time: 2020 - 09 - 07
(Bloomberg) -- U.S. House lawmakers introduced a bipartisan bill aimed at reducing dependence on China for rare earths used in everything from electric vehicles to missiles to wind turbines.The legislation co-authored by Republican Lance Gooden and Democrat Vicente Gonzalez, both of Texas, is similar to that introduced in May by Senator Ted Cruz. The measure would give tax incentives for companies involved in the mining, reclaiming and recycling of critical minerals and metals from deposits in the U.S.The bill is part of a push in Congress to shift supply chains, particularly in industries cri...
Release time: 2020 - 09 - 03
source:Farmington Daily TimesAZTEC — Coal mining in northwest New Mexico may be a bit more stable going into the future despite uncertainties about when the local coal-fired power plants will close.A company based in Los Alamos hopes to receive federal funding to explore extracting rare earth elements from coal and coal ash in the San Juan Basin.Bill Redmond, a former U.S. congressman who now works at TechSource Inc., attended the San Juan County Commission meeting virtually on Sept. 1 to ask for a letter of support as the company submits an application for a U.S. Department of Energy grant.Th...
Release time: 2020 - 09 - 03
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