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Horizonte to raise £61.7 mil for Araguaia

Horizonte to raise £61.7 mil for Araguaia

The fundraise is to allow Horizonte to complete construction, which is on schedule for Q1 2024

Base metals

05 OCT 2022
Namibia Critical Metals

Namibia Critical Metals' Lofdal gets NPV5% of $391 mil

The PEA views average annual production of 2,000 t TREO, with 117 t dysprosium and 17.5 t terbium

Feasibility

04 OCT 2022
Rainbow

Rainbow's Phalaborwa PEA views 'robust' project

The post-tax NPV10% is viewed as US$627 million with an IRR of 40%

Feasibility

04 OCT 2022
RCF to takeover cash-strapped NorZinc

RCF to takeover cash-strapped NorZinc

The transaction with major shareholder RCF is aimed at addressing debt and capital funding needs

Worker dies at Lundin

Worker dies at Lundin's Neves-Corvo

The operation is suspended while the "isolated incident underground" is being investigated

Copper News

04 OCT 2022
CanAlaska

CanAlaska's West McArthur results 'highly impressive'

Company believes it has found the controlling structure

Ero makes nickel discovery

Ero makes nickel discovery

Company adds nickel potential to copper

Blencowe starts Ugandan Orom-Cross graphite DFS

Blencowe starts Ugandan Orom-Cross graphite DFS

The start of the DFS phase comes two months after a PFS showed a post-tax NPV8% of $482 million

Feasibility

27 SEP 2022
DOE-backed REE demonstration plant design 60% complete

DOE-backed REE demonstration plant design 60% complete

The US Department of Energy is funding about US$21.9 million, or about one-half, of the project

Base metals

27 SEP 2022
Atlantic moves closer to producing Ghana

Atlantic moves closer to producing Ghana's first lithium

The capex has been lifted from US$70 mil to $125 mil, due to bringing the crushing circuit in-house

Feasibility

23 SEP 2022
Electra to sell refined cobalt to LG Energy

Electra to sell refined cobalt to LG Energy

US inflation act offers tax incentives

Pensana joins Polestar

Pensana joins Polestar's climate-neutral car project

The Polestar 0 is targeted to roll out by 2030 and be "truly" climate neutral

Base metals

21 SEP 2022
Trident appoints Richard Hughes as CFO

Trident appoints Richard Hughes as CFO

He will succeed Martin Page from 20 September

Base metals

21 SEP 2022