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It is estimated that upwards of US$13.8 billion of rare earth magnets are imported into the United States each year, which is creating a stockpile of some of the most widely used rare earth elements. These powerful REE magnets are used in a wide variety of applications – high-performance motors in electric vehicles, wind turbines and generators, medical magnetic resonance imaging (MRI), and high-fidelity speakers to name a few. Canada-based Geomega Resources Inc. has d...
Penn State scientists have developed a process that could transform acid mine drainage from an environmental liability that is costly to an asset that produces rare earths and other valuable minerals. "We are currently incurring costs just to treat the water, and in many cases, we are not even collecting all these minerals," said Sarma Pisupati, professor of energy and mineral engineering at Penn State. "Now we are able to turn what had been considered a waste product into a v...
In its ongoing support of a clean, sustainable, and competitive mining sector, the Canadian government is investing C$2.1 million into a project to recover and recycle cyanide after the chemical is used to recover gold from mined ore. Cyanide is a chemical compound used to recover gold by dissolving the metal into a solution that is run through processes that extract the dissolved gold. The leftover cyanide is potentially hazardous and many mining operations incorporate a...
VanadiumCorp Resource Inc. Aug. 11 reported the final results from magnetic separation tests carried out on composite core samples from the 2019 drill program at the company's Lac Doré vanadium project in Quebec, Canada. Situated about 17 miles (27 kilometers) southeast of the mining town of Chibougamau, Lac Doré lies in a particularly vanadium-rich area of Quebec that is host to BlackRock Mining Inc.'s adjacent Blackrock property; and Vanadium One Iron Corp.'s Mont Sorcier p...
GoldSpot Discoveries Corp. Aug. 11 said it has been hired to apply its artificial intelligence driven mineral exploration expertise to identify new targets on AEX Gold Inc.'s large portfolio of high-grade gold properties in southern Greenland. "We are delighted to be partnering with GoldSpot in this venture, a company with a stellar reputation and a wealth of experience in helping mining companies identify new exploration targets," said AEX Gold Executive Vice President and...