Rare Earth Minerals - Copperbelt Katanga Mining

Peak Rare Earths and Shenghe Forge Partnership to Develop Tanzanian REE Project 1

Australia’s Peak Rare Earths has signed a non-binding term sheet with Chinese miner Shenghe Resources to support the development and funding of the Ngualla rare earth elements (REE) project in Tanzania. The agreement outlines Shenghe’s plan to acquire a 50% stake in the entity that holds an effective 84% interest in the Ngualla project by subscribing for new shares worth AUD 96 million. This valuation implies a post-transaction share price of AUD 0.36, which Peak notes is more than double its current share price on the ASX. Upon completion, Peak… Read More Here

International Rare Earth Minerals

African Mines to Supply Nearly 10% of Global Rare Earths by 2029

July 11, 2024July 11, 2024 Constance

African mines are set to supply almost 10% of the world’s rare earth elements within the next five years, climbing from zero today and introducing new players into a market currently dominated by China. According to Benchmark Mineral Intelligence, eight mines in countries like Tanzania, Angola, Malawi, South Africa, and Uganda are expected to start production by 2029, contributing to 9% of the global supply. China currently mines about 70% of the world’s rare earths and refines almost all of them. These 17 elements are essential for producing magnets used… Read More Here

Mining in Zambia Rare Earth Minerals

Zambia’s Minister of Mines Sheds Light on Sugilite Discovery in Luapula Province

July 18, 2023July 18, 2023 Constance

Zambia’s Minister of Mines, Hon Paul Kubuswe, addressed the media on Friday, July 14th, to provide insights into the recent discovery of the precious gemstone, Sugilite, in Luapula Province. The Minister highlighted the significance of this finding and the government’s commitment to responsible and sustainable management of this valuable mineral resource. Sugilite has been found in two locations in Mansa, and the Ministry of Mines is developing a comprehensive strategy to explore and exploit this gemstone, aiming to maximize benefits for Zambian citizens. He said, “Under the leadership of President… Read More Here

Mining in Zambia Artisanal mining Copper Gold Rare Earth Minerals

Zambia’s Mines Minister Provides Updates on Mopani, KCM and Several Mining Positions

July 14, 2023July 16, 2023 Constance

In a recent press briefing, Zambia’s Mines Minister, Paul Kabuswe, provided updates on several important issues related to the country’s mining sector. The briefing aimed to inform the nation about the progress and plans of the Ministry of Mines and Mineral Development. The minister discussed topics such as the status of Mopani Copper Mine (Mopani) and Konkola Copper Mines (KCM), the suspension of the exploration license for Kasenseli Gold Mine (KGM), the discovery of Sugilite in Luapula Province, the formalization of artisanal and small-scale mining (ASM), the establishment of the… Read More Here

Mining in Zambia Precious Stones Rare Earth Minerals

Sugilite: A Captivating Gemstone with Unique Properties

July 10, 2023July 10, 2023 Constance

Sugilite is a rare pink to purple mineral discovered by Ken-ichi Sugi, a Japanese petrologist, in Japan in 1944. This cyclosilicate gemstone, known for its vivid purple color and rarity, has garnered immense interest among gem enthusiasts and collectors. Its distinct properties set it apart from other gemstones, such as amethyst, despite their similar appearances. When comparing sugilite and amethyst, one notable difference lies in their color variation. While both gemstones feature purple hues, sugilite tends to showcase a broader range of shades, including vibrant pinks and deeper purples. Amethyst,… Read More Here

Rare Earth Minerals International

Namibia, EU reach provisional deal on rare earth minerals

October 21, 2022October 21, 2022 Janet

Namibia has provisionally agreed on a deal with the European Union to sell its rare earth minerals, critical to the renewable energy sectors, mines and energy minister Tom Alweendo said on Thursday. EU and Namibian officials told Reuters in July they were planning a deal on hydrogen and minerals as the bloc works to reduce its dependence on Russian energy. “In principal we have agreed on conditions, whatever the materials, we are going to process them here,” Alweendo said about the approaches being taken to ensure the southern African country reaps… Read More Here

Mining in Zambia Lithium New Mining Projects Rare Earth Minerals

All Star completes due diligence on South African, Zambian projects

June 14, 2022June 20, 2022 Janet

AQSE-listed mining investing company All Star Minerals has announced the successful completion of its due diligence over the Blesberg lithium and tantalum project in South Africa and the Nkombwa Hill tantalum, rare earth elements and phosphate project in Zambia. This followed All Star’s announcement on April 21 that it had entered into a heads of agreement (HoA) with mining investment firm Gathoni Muchai Investments. The due diligence process included site visits, analyses of the technical aspects of the underlying deposits and their Joint Ore Reserves Committee- (Jorc-) and South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves- (Samrec-) compliant resources,… Read More Here

Gemstones Rare Earth Minerals You got to know this

Chrysoberyl: One of the World’s Most Exotic and Expensive Gems

September 4, 2021September 4, 2021 Chilombo MahambaGemstones

The mineral or gemstone chrysoberyl is an aluminate of beryllium with the formula BeAl2O4. Despite the similarity of their names, chrysoberyl and beryl are two completely different gemstones, although they both contain beryllium. Chrysoberyl is the third-hardest frequently encountered natural gemstone and lies at 8.5 on the Mohs scale of mineral hardness, between corundum (9) and topaz (8). Chrysoberyl belongs to the orthorhombic crystal system, forming with tabular crystals in slender prisms. Crystal twins and triplets are quite common. Common chrysoberyl is colored by iron, while color change varieties obtain their color through chromium.… Read More Here

Rare Earth Minerals You got to know this

You got to know this about Rare Earth Minerals

August 18, 2021August 18, 2021 majorie_ckm

Stanley Mertzman, a geologist whose specialty is X-ray analysis of rocks and minerals to determine their chemical composition, and who teaches mineralogy at Franklin and Marshall College, explains more about these little-known and fascinating elements called Rare Earth Minerals and the modern electronics they make possible. What are rare earth elements? These are elements like others on the periodic table – such as carbon, hydrogen and oxygen – with atomic numbers 57 to 71. There are two others with similar properties that are sometimes grouped with them, but the main rare earth… Read More Here