Viridis in Advanced Talks for Brazil Rare Earths Project
Viridis Mining and Minerals is in advanced negotiations with European and U.S. buyers for off‑take of its Colossus rare‑earths project in Minas Gerais, Brazil. The company has explicitly ruled out Chinese partners, positioning the venture as a Western‑focused supply source. Viridis recently opened a research and processing centre capable of handling 100 kg of ore per hour and aims for steady‑state production by late 2028. The project’s capital estimate is $360‑$370 million, potentially rising to $400 million, with financing slated for completion in Q3.
University of Edinburgh Grants E-Waste Metals Recovery Rights
The University of Edinburgh has granted Lithium Universe exclusive rights to a low‑temperature, organic‑ligand process called Gold Copper Diamide Extraction (GCDE) for recovering gold and copper from e‑waste. The method avoids cyanide, mercury and high‑energy smelting, delivering high‑purity metals with...
Q&A: Thunderstone’s CEO on Whether Mining Can Extract More Metal with Less Rock
Thunderstone, a U.S. startup, is developing electrified in‑situ mining technology that uses high‑voltage discharges to manipulate fluid permeability in ore bodies. Early laboratory work on high‑porosity nickel laterite shows leach‑solution concentrations that match or exceed conventional benchmarks, especially in previously...
GoldMining Starts Exploration Drilling at Colombia’s Yarumalito Project
GoldMining has launched a fully funded 1,200‑meter diamond core drilling program at its wholly‑owned Yarumalito gold‑copper project in Colombia’s Antioquia region. The drill campaign targets the under‑explored P‑1 porphyry unit, building on historic intervals that returned more than 250 m of...
China’s Rare Earth Grip Exposes UK Critical Minerals Vulnerabilities
A UK parliamentary economic‑security inquiry highlighted Britain’s heavy reliance on China for rare‑earth elements, noting that over 80% of global supply comes from Beijing. The testimony warned that any disruption in Chinese exports could jeopardise critical‑mineral‑dependent sectors such as defence,...
Aben Gold Secures Yukon Mining Licence for Five-Year Exploration
Aben Gold has secured a five‑year Class 3 Quartz Mining Land Use Approval from the Yukon government for its 7,400‑hectare Justin Gold Tungsten Project. The licence spans 375 mineral claims and authorises diamond drilling, rotary air‑blast drilling, mechanised trenching and the...
Helix Buys 50% Stake in Weerianna Gold-Lithium Project
Helix Resources has bought a 50% interest in Western Australia’s Weerianna Gold‑Lithium Project for A$1.33 million (≈US$0.88 million), split between shares and cash. The deal gives Helix control of a JORC‑inferred gold resource of 975,700 t at 2 g/t (about 62,700 oz) and access to...
Tungsten West Secures $25m Loan for Hemerdon Mine Restart
Tungsten West has secured a $25 million (≈£18.6 million) unsecured bridging loan from a shareholder‑controlled entity to restart the Hemerdon tungsten‑tin mine in Devon. The loan, priced at SOFR + 4.5% and renewable quarterly, funds the phased refurbishment that will see fines gravity processing...
IonicRE and Nth Cycle Partner to Boost Rare Earth Refining
Ionic Rare Earths (IonicRE) has entered a joint development and licensing agreement with Nth Cycle to introduce electro‑extraction technology into its U.S. rare‑earth recycling and refining operations. The new process replaces oxalic‑acid‑based chemistry with an electricity‑driven method that regenerates hydrochloric...
Kavango Concludes Ore Sample Tests at Hillside Project
Kavango Resources has finished a metallurgical test programme on ore from Zimbabwe’s Hillside Gold Project, targeting a 50‑tonne‑per‑day carbon‑in‑leach plant with a future upgrade to 250 tpd. Laboratory results showed more than 95% gold recovery on Nightshift and Bill’s Luck ores,...
Corazon to Acquire Chalice Gold Project for $18.3m
Corazon Mining has signed a binding agreement to acquire 100% of the Chalice Gold Project for A$25.7 million (US$18.3 million). The asset carries a JORC‑2012 resource of 191,000 oz at 2.7 g/t gold and a historic production record of roughly 650,000 oz. The deal transforms...
Talisman Reveals Findings From Fougnar Sampling in Morocco
Talisman Metals reported stream‑sediment results from its Fougnar project in Morocco, confirming existing drill targets and uncovering a new 4‑km corridor of anomalous mineralisation. The program analysed 132 samples, delivering peak assays of 200 ppm copper, 6,510 ppm barium, 502 ppm lead and...
Australia Orders Six Northern Minerals Investors to Divest Stakes
Australia’s treasurer ordered six China‑linked shareholders of Northern Minerals to divest roughly 17% of the rare‑earth miner within two weeks, citing national‑interest concerns. The move follows earlier 2024 interventions aimed at limiting Chinese control over the company’s Browns Range heavy...
Rokeby Announces 20-Year Licence Renewal for Omeo Gold Project
Rokeby Resources secured a 20‑year renewal of Mining Licence MIN 4921, extending its control over the Omeo Gold Project in Victoria until May 2044. The licence covers the Mt Wills goldfield, which hosts the Maude and Sunnyside deposits and a historical resource of...
Nobel Begins Drilling at Chile’s Pampa Austral
Nobel Resources has begun diamond drilling at its Pampa Austral property in Chile, targeting a historic 70‑metre interval that returned 0.70% copper and a 14‑metre zone of 2.1% copper. The initial two holes will test an induced‑polarisation (IP) chargeability anomaly...