Sovereign Metals announced that incorporating rare earth recovery into its Kasiya project in Malawi could add an incremental pre-tax net present value (NPV) of $722 million, requiring about $29 million in capital to reach production. A scoping study estimates a 151% pre-tax internal rate of return and a payback period of roughly 1.5 years. The project could produce around 2,626 tonnes of rare earth concentrate annually, including valuable elements like neodymium-praseodymium, dysprosium, terbium, and yttrium. Next steps include variability testing, product qualification, marketing efforts, and potential offtake discussions ahead of a targeted pre-feasibility study in 2027. The study is preliminary and does not yet confirm Ore Reserves or economic viability.
First Hydrogen Corp. has signed an agreement to acquire a 60% stake in Exodus Actuation Solutions Inc. (RoboticsCo), gaining access to advanced robotics and actuation technologies. This move supports First Hydrogen's expansion into AI, autonomous sys...
The Gym Group reported a 48% increase in first-half pre-tax profit for 2026, driven by a 5% rise in average membership to around 1 million and a 5% increase in revenue per member. Revenue grew 10% to £133.1 million, and adjusted EBITDA less normalise...
Questcorp Mining announced successful Phase 2A drilling results at its La Union project in Sonora, Mexico, revealing near-surface gold and polymetallic mineralization at Union Norte and confirming historic mineral systems at Union Mine. The campaign ...
Hi-View Resources Inc. will present its portfolio of gold, silver, and copper exploration projects in British Columbia's Toodoggone District at the Resource Connector North event in Prince George on September 10. The company is advancing five project...
IAMGOLD has scaled down its planned expansion at the Côté mine, reducing near-term capital expenditures by $500–$700 million. This move, along with efforts to increase processing capacity through debottlenecking, has strengthened the company's balanc...
