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Lynas Feeds First Material to Its Kalgoorlie Rare Earths Processing Facility, Australia
December 8, 2023
Australia-based Lynas Rare Earths has introduced the first feed of material into the Kalgoorlie rare earths processing facility located in Western Australia from the company’s Mt. Weld rare earth mine. The first feed to the facility comes after the completion
Deep-sea Mining in Arctic Ocean Gets Green Light from Norwegian Lawmakers
December 8, 2023
Norway’s minority center-left government and two large opposition parties made a deal Tuesday to open the Arctic Ocean to seabed mineral exploration despite warnings by environmental groups that it would threaten the biodiversity of the vulnerable ecosystems in the area.
Venezuelan Presiden Maduro Orders Immediate Exploitation of Oil, Gas and Mines in Guyana’s Essequibo
December 8, 2023
Venezuelan President Nicolás Maduro on Tuesday ordered the country’s state-owned companies to “immediately” begin to explore and exploit the oil, gas and mines in Guyana’s Essequibo region, a territory larger than Greece and rich in oil and minerals that Venezuela
Barrick Named Tanzania’s Employer of the Year
December 8, 2023
The North Mara Gold Mine has been crowned Employer of the Year at the prestigious 2023 Association of Tanzania Employers (ATE) Awards ceremony. North Mara is operated by Barrick and is jointly owned with the Tanzanian Government through Twiga Minerals
U.S. Gives $50 Million Boost to Critical Minerals Investor TechMet
December 7, 2023
TechMet, a global critical minerals investment company, has secured a further $50 million commitment from the U.S. International Development Finance Corporation (DFC) as part of its latest fundraising round. A ceremonial signing of the commitment letter for the extra $50
Evolution Mining to Acquire 80% Interest in Northparkes Mine for $475 Million, Australia
December 7, 2023
Evolution Mining said it has entered into a binding agreement to acquire an 80 percent interest in the Northparkes copper-gold mine from CMOC Group. Evolution said it will acquire Northparkes mine, located in New South Wales, for total cash consideration
Saudi Energy Minister Challenges Plan to Phase Out of Fossil Fuels at COP28
December 7, 2023
A draft agreement to phase out the use of fossil fuels that’s being deliberated at the global climate summit, COP28, in Dubai this week was met with firm opposition from Saudi officials. Energy Minister Abdulaziz bin Salman, half brother of
John Kerry Unveils Nuclear Fusion Strategy as a Source of Clean Energy at COP28
December 7, 2023
The United States will work with other governments to speed up efforts to make nuclear fusion a new source of carbon-free energy, U.S. Climate Envoy John Kerry said Tuesday, the latest of many U.S. announcements the last week aimed at
COP28 Head: No Science to Suggest Phasing Out Fossil Fuels Will Achieve Key Climate Target
December 6, 2023
Climate leaders have reacted with fury after the controversial head of COP28 claimed there was “no science” to suggest phasing out fossil fuels will help limit global warming to 1.5C. The president of the Dubai climate change summit, Sultan al
Rio Tinto Approves $77 Million to Advance Rhodes Ridge Project to PFS, Australia
December 6, 2023
Rio Tinto has approved a $77 million (A$110 million) pre-feasibility study (PFS) to progress development of the Rhodes Ridge project, one of the world’s best undeveloped iron ore deposits, in the East Pilbara in Western Australia. The commencement of a
