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US, Saudi Arabia in talks to secure metals in Africa

The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal reported on Sunday, citing people with knowledge of the talks. A state-backed Saudi venture would buy stakes in mining assets worth $15-billion in African …

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Newly listed Allied Gold board approves $500m Ethiopia project

Africa-focused Allied Gold, which on Monday listed on the TSX, has approved the expanded Kurmuk project, in Ethiopia, earmarking $500-million for a two-phase development plan. Kurmuk is now planned as a 240 000-oz/y gold mine with all-in sustaining costs (AISC) targeted below $950/oz, with a strategic mine life extending for …

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We are harnessing our technology to accelerate mining: Ionic MD

Ionic Rare Earths have revealed that their partnership with Ford Technologies, Less Common Metals (LCM) and the British Geological Survey will harness technology to accelerate the mining, refining and recycling of magnet and heavy rare earths critical for energy transition, advanced manufacturing, and defence. ASX-listed Ionic Rare Earths has inked …

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