Ionic wins licence to mine rare earths in Uganda
The Makuutu project has a geology similar to southern China's clay-type deposits, the cheapest and most accessible source of heavy REEs.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Atlantic Lithium granted 15-year permit for Ghana mine
It comes as Ghana seeks to diversify away from gold production to tap into the multibillion-dollar battery metals industry.
Erdene gets $40m on revised deal for Mongolia gold project
It comes as Erdene amended its strategic alliance with the Mongolian Mining Corporation for the development of the Bayan Khundii project.
Paladin becomes sole owner of Michelin uranium project
With its JV partners now out of the picture, Paladin will work on defining a path forward for the project in Labrador, Canada.
Codelco to buy Lithium Power for $244 million
The acquisition would mark the Chilean copper giant's first foray into the lithium space, as part of the country's new public-private model for the sector.
Rio Tinto cuts Canadian iron ore guidance
The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July.
Newmont starts ramp-up at Peñasquito as strike ends
Return to normal operations at Mexico’s largest gold mine is expected to take several weeks, and Newmont vowed to update markets next week.
Scotgold in advanced funding talks to avoid default
The embattled miner, which operates Scotland’s only gold mine, is close to securing enough funding from a new strategic investor.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.