Former Fortescue execs launch green iron start-up

The Australia-based green materials platform company, Element Zero, has raised $10 million in seed funding.

Cecilia Jamasmie | January 18, 2024 | 5:59 am

Uganda grants Ionic licence to mine rare earths

Permit for the Makuutu heavy rare earths project is the first large scale mining licence awarded in the East African nation.

Cecilia Jamasmie | January 18, 2024 | 3:39 am

Major miners pledge no exploration-related activities at world heritage sites

Top miners including Freeport, Teck and Newmont committed to taking urgent action to support a "nature-positive future" by 2030.

Reuters | January 18, 2024 | 3:15 am

Foreign-backed nickel hub in Indonesia causing mass deforestation – report

Climate Rights International says the Weda Bay Industrial Park operators have cut down more than 5,300 hectares of tropical forest.

Reuters | January 17, 2024 | 5:31 pm

Australia’s Energy Transition asked to give payment security for Greenland case

Energy Transition, formerly Greenland Minerals, has been fighting for the Kvanefjeld rare earths project licence since late 2021.

Reuters | January 17, 2024 | 5:24 pm

BHP flags possible writedowns at nickel unit on low prices

Production from Western Australia on a 100% basis was 72.7 million tonnes.

Reuters | January 17, 2024 | 1:54 pm

Montage hikes Koné gold project economics in West Africa

The project 470 km northwest of coastal Abidjan, the West African country’s largest city, has a net present value of $1.1 billion at a 5% discount rate with a 31% internal rate of return.

Colin McClelland | January 17, 2024 | 1:47 pm

McLeod Lake band takes stake in Defense Metals’ rare earth project in British Columbia

The agreement calls for Defense and the band to collaborate on the design of the Wicheeda project to assure the band’s interests and priorities are addressed.

Staff Writer | January 17, 2024 | 11:12 am

Sumitomo participates in FPX Nickel financing to gain 9.9% stake

FPX owns 100% of the Baptiste nickel project in the Decar nickel district of British Columbia.

Staff Writer | January 17, 2024 | 11:08 am

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