Canada Rare Earth Corp.[TSXV-LL] announced the signing of a supply agreement between Simba Essential Minerals S.A.S which will be a wholly owned subsidiary of Canada Rare Earth and Sakima SA, a Congolese state-owned mining company. This agreement will enhance Canada Rare Earth’s supply chai...
Its partner in the project is owned La Generales de Carrieres et des Mines (Gecamines), a state-owned mining company in the DRC. Katanga said the presence of uranium was recently detected in the cobalt hydroxide produced at the Kamoto Project in levels that exceed the acceptable limit allowed...
Ivanhoe is led by Singapore-based mine financier Robert Friedland, who holds a 17% interest in the company. CITIC Metal Co. Ltd., a subsidiary of the Chinese state-owned CITIC Group, recently agreed to invest an additional $612 million in Ivanhoe at $3.98 a share, raising its stake in ...