Latest Ionic Adsorption Clay News

Magnum Mining has completed a 10,000-metre auger programme at its Piracanjuba North ionic adsorption clay rare earths project in Brazil, shifting its focus to a 32.5km² plateau zone. The company is targeting a maiden JORC 2012 Mineral Resource Estimate in November, but the project remains at an early exploration stage with no declared resource or reserve.

Enova Mining reduced its half-year loss to $790,000, but an explicit going-concern warning puts future funding at the centre of its rare earth exploration story. The company ended June with $723,000 in cash while advancing several high-grade exploration targets across Brazil and Australia.

Magnum Mining has defined a connected 32.5km² Plateau Zone at its Piracanjuba North project in Brazil after positive results from another 86 auger holes. The company is targeting a maiden JORC Mineral Resource Estimate in November 2026, but the latest desorption figures remain laboratory screening results rather than recoveries or economic data.

Viridis Mining and Minerals has secured approval for a R$77.5 million BNDES financing facility, reducing the estimated senior debt still required for its Colossus rare earth project to about US$280 million. The 16-year facility carries an indicative current cost of approximately 4.8% and supports the project’s Brazilian processing and research infrastructure.

Alvo Minerals has secured an earn-in agreement for a 656-hectare tenement adjacent to its Bluebush Heavy Rare Earth Element project in Brazil, extending its footprint over the prolific Northern Serra Dourada granite.

Brazilian Critical Minerals (ASX: BCM) has engaged Altris Engineering to spearhead the Front-End Engineering and Design (FEED) phase of its Ema Rare Earth Project, aiming to advance the project from feasibility towards financing and construction readiness.

Enova Mining delivers promising metallurgical results from its Poços de Caldas project, revealing neodymium-praseodymium recoveries up to 79% and confirming high-grade near-surface rare earth mineralisation.

Eminence Minerals has lodged exploration licence applications for a nearly 3,700-hectare rare earths project in southern Bahia, Brazil, positioning itself alongside major peer IMC Rare Earths in a promising district. The company plans a measured exploration approach amid technical uncertainties around the underlying geology.

Alvo Minerals has secured 100% mineral rights over a 575-hectare tenement contiguous with its Bluebush Heavy Rare Earth Element project in Brazil, expanding its footprint along the northern Serra Dourada HREE province and consolidating the Boa Vista prospect area.

Enova Mining’s latest auger drilling results at East Salinas confirm significant near-surface rare earth element mineralisation, reinforcing the project’s potential as a large saprolite-hosted REE system in Brazil.

Magnum Mining has reported robust rare earth element results from 92 new auger holes at its Piracanjuba North project in Brazil, confirming widespread mineralisation across multiple centres and accelerating its 10,000m drilling program ahead of schedule.

Enova Mining has unveiled significant rare earth element mineralisation at its Santo António Do Jacinto Project in Minas Gerais, Brazil, with initial auger drilling returning high-value grades averaging 25% NdPr in near-surface saprolite.