Uganda grants ASX-listed Ionic licence to mine rare earths
Australia’s Ionic Rare Earths (ASX: IXR) said on Thursday the government of Uganda had granted it a mining licence for the Makuutu heavy rare earths project in the East Africa nation. The…
Africa
Lotus Resources eyes 2025 Malawi uranium mine restart
Australia-based Lotus Resources (ASX: LOT; US-OTC: LTSRF) is on track to revive the mothballed Kayelekera uranium mine in Malawi by late 2025 while it works to tap into the longer…
Montage hikes Koné gold project economics in Africa
Montage Gold (TSXV: MAU; US-OTC: MAUTF) plans to start building its US$712 million Koné gold project in Côte d’Ivoire late this year after an updated feasibility study nearly doubled its net…
TNM Drill Down: Apollo rises at Collective Mining’s Guayabales project
Our TNM Drill Down features highlights of the top gold assays from Dec. 29- Jan. 12. Drill holes are ranked by gold grade x width, as identified by data provider…
Centamin propels modern mining rules in Egypt
Centamin (TSX: CEE; LSE: CEY) has helped Egypt develop a new mining law due for passage within weeks as it seeks to expand the Sukari gold mine in the ancient land’s…
Energy metals snapshot: Eight companies hunting for green technology metals
Green metals are critical to new decarbonization technologies including lithium-ion batteries, electric and hybrid vehicles, while rising demand for nuclear energy projects is spurring the increase in uranium prices. Here…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Exclusive: Ivanhoe’s Congo copper is what everyone’s after, Cloete says
Ivanhoe Mines (TSX: IVN) receives a constant stream of peers keen on learning its secrets of success in the Democratic Republic of Congo but it won’t sign a partnership deal…
Gem Diamonds and Lucara find first big stones of 2024
Africa-focused miners Gem Diamonds (LSE: GEMD) and Lucara Diamond (TSX: LUC) have recovered big, high-quality Type IIa diamonds at their respective operations. Gem Diamonds said on Thursday it had unearthed…
Gemfields says rubies making headway in Chinese market
Rubies are becoming the favourite coloured stones among Chinese consumers, with about 61% of the population considering them a “desirable” item and about 55% buying rubies in the past year,…
De Beers to spend US$1B on Botswana mine expansion
De Beers, the world’s largest diamond producer by value, said on Wednesday it’s going ahead with a planned US$1 billion investment to extend the life of its flagship Jwaneng mine…
Saudi Arabia forum looks to boost Middle East, Africa exploration
Saudi Arabia is attracting global mining companies to its third annual Future Minerals Forum in Riyadh on Wednesday as it invests its vast oil wealth into mining exploration with some…