Lucapa Diamond achieves debt-free status
The diamond producer is now interest-bearing debt free, having repaid about $20 million over an 18-month period.
Cecilia Jamasmie , Editor-in-Chief
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Develop Global to buy Essential Metals for $102 million
Develop Global, an Australian base metals explorer backed by lithium miner Mineral Resources, said Essential’s board had ok'd the deal.
Glencore offers to buy rest of PolyMet for $71m
The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine.
Endeavour sells non-core Burkina Faso gold mines for $300 million
Endeavour sold Boungou and Wahgnion gold mines, but is keeping Houndé, as the operation is one of its cornerstone assets.
French-British venture to develop UK’s largest lithium deposit
France's Imerys and junior miner British Lithium have teamed-up to open a mine with capability to supply lithium for 500,000 EVs by 2030.
Mining the Moon to lift off within ten years — NASA
The US space agency is looking to operate a pilot processing plant for lunar resources by 2032, as part of its planned Artemis missions.
Rainbow Rare Earths reaches deal for 100% of Phalaborwa
Agreement with Bosveld Phosphates gives the company an immediate 85% stake and the option of acquiring.
Appian Capital takes majority stake in Namibian zinc mine
The Rosh Pinah underground zinc mine, in southern Namibia, is a 2,000 tonnes per day milling operation, open since 1969.
US widens lead over Europe in critical minerals race: WSJ
US critical minerals spending is outpacing Europe, raising fears EU manufacturers may stay reliant on China for key raw materials.