Latest news with #mineralrights
The Australian
04-08-2025
- Business
- The Australian
Break it Down: Heavy Rare Earths primed for Prospect Hill tin perforation
Stockhead's Break it Down brings you today's leading market news in under 90 seconds. In this episode, host Tylah Tully looks at news from Heavy Rare Earths (ASX:HRE), who have entered a new deal with major shareholder Havilah Resources (ASX:HAV) and secured the rights to all minerals at Prospect Hill - South Australia's most advanced and largest known tin project. Watch the video to learn more. While Heavy Rare Earths is a Stockhead advertiser, it did not sponsor this content. Sponsored Nova Minerals has released a conceptual processing flowsheet for its 1.24Moz RPM deposit in Alaska. Sponsored Rhythm Biosciences has announced that its second-generation ColoSTAT blood test detects colorectal cancer consistently across all stages of the disease.
Bloomberg
22-07-2025
- Business
- Bloomberg
Trump Gets a US Toehold in Congo's Mines as Peace Deal Nears
Welcome to our guide to the commodities markets powering the global economy. Today, reporter William Clowes assesses US efforts to access critical minerals in the Democratic Republic of Congo. President Donald Trump has said the US stands to get 'a lot of the mineral rights' from the Democratic Republic of Congo for brokering a peace agreement with Rwanda. Some of those potential American investments are beginning to take shape.
Yahoo
11-07-2025
- Business
- Yahoo
Rising Phoenix Capital Expands Midland Basin Position with Strategic Maroon Bells Fund Acquisition
DALLAS, July 11, 2025--(BUSINESS WIRE)--Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland Basin. The mineral rights, located in Ector and Midland Counties, TX, are operated by ConocoPhillips and were acquired through the firm's Maroon Bells Fund, an income-focused mineral portfolio that has delivered consistent cash distributions. The acquisition includes both producing wells and near-term permitted development, increasing Rising Phoenix's footprint in the country's most prolific basin and aligning with its mission to deliver monthly income and long-term capital preservation for accredited investors. "We underwrite for predictability, not hype," said Jace Graham, CEO and Founder of Rising Phoenix Capital. "Our focus remains on acquiring top-tier mineral assets in core basins, leased to highly capable operators. This deal strengthens our position in the heart of the Midland and supports our strategy of dependable cash flow and upside potential." This marks the firm's fourth Midland Basin acquisition in 2025, building on a disciplined acquisition strategy that emphasizes direct sourcing and in-house underwriting, without the use of leverage. For accredited investors seeking exposure to energy income, Rising Phoenix Capital is currently accepting subscriptions into its newest fund, La Plata Peak Fund — a diversified mineral portfolio offering immediate cash flow and long-term upside. Learn more at or call 214.214.4268. About Rising Phoenix Capital Rising Phoenix Capital is a privately held investment firm specializing in direct, alternative asset investments across oil and gas minerals, royalties, non-operated working interests, and real estate. With four generations of experience in energy and real estate, we combine industry expertise with a hands-on approach to deliver strong, stable returns. Our in-house team sources, analyzes, and acquires high-value assets, leveraging off-market deal flow to uncover the best opportunities. By focusing on cash-flowing mineral rights and strategic investments, we provide investors with consistent income and long-term financial growth. At Rising Phoenix Capital, we believe in transparency, efficiency, and integrity—ensuring that every investment decision is backed by data, experience, and a commitment to delivering real value. Photography, B roll, and additional assets are available on the company's Media Kit here. View source version on Contacts Media Contact:Aquila Mendez-Valdezaquila@ 210.606.5251
Sky News
28-06-2025
- Politics
- Sky News
Democratic Republic of Congo and Rwanda sign US-brokered peace deal - but doubts over success linger
The Democratic Republic of Congo (DRC) and Rwanda have signed a peace deal which Donald Trump said he brokered - resulting in the US getting "a lot" of mineral rights in the process. The deal has been touted as an important step towards ending the decades-long conflict in eastern DRC which has caused the deaths of six million people. US secretary of state Marco Rubio called it "an important moment after 30 years of war". Earlier on Friday, President Trump said he was able to broker a deal for "one of the worst wars anyone's ever seen". "I was able to get them together and sell it," Mr Trump said. "And not only that, we're getting for the United States a lot of the mineral rights from Congo." The Rwanda -backed M23 rebel group, the most prominent armed group in the conflict, has suggested that the agreement won't be binding for them. It hasn't been directly involved in the planned peace deal. DRC foreign minister Therese Kayikwamba Wagner invoked the millions of victims of the conflict in signing the agreement with Rwandan foreign minister Olivier Nduhungirehe. The agreement, signed by the foreign ministers during a ceremony with Mr Rubio in Washington, pledges to implement a 2024 deal that would see Rwandan troops withdraw from eastern DRC within 90 days, according to a copy seen by Reuters. "Some wounds will heal, but they will never fully disappear," Ms Wagner said. "Those who have suffered the most are watching. They are expecting this agreement to be respected, and we cannot fail them." Mr Nduhungirehe noted the "great deal of uncertainty" because previous agreements were not put in place. "There is no doubt that the road ahead will not be easy," he said. "But with the continued support of the United States and other partners, we believe that a turning point has been reached."
CTV News
27-06-2025
- Business
- CTV News
Congo and Rwanda sign a U.S.-mediated peace deal aimed at ending decades of bloody conflict
Residents listen to Tom Fletcher, Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator at the Office for the Coordination of Humanitarian Affairs, during his visit to North Kivu's town of Buhumba, Democratic Republic of the Congo, Thursday, June 26, 2025. (AP Photo/Moses Sawasawa) WASHINGTON — The Democratic Republic of Congo and Rwanda on Friday signed a peace deal facilitated by the U.S. to help end the decades-long deadly fighting in eastern Congo while helping the U.S. government and American companies gain access to critical minerals in the region. Secretary of State Marco Rubio called it 'an important moment after 30 years of war.' Earlier Friday, U.S. President Donald Trump said at a news conference that he was able to broker a deal for 'one of the worst wars anyone's ever seen.' 'I was able to get them together and sell it,' Trump said. 'And not only that, we're getting for the United States a lot of the mineral rights from Congo.' The deal has been touted as an important step toward peace in the Central African nation of Congo, where conflict with more than 100 armed groups, the most potent backed by Rwanda, has killed millions since the 1990s. It's also at the heart of Trump's push to gain access to critical minerals needed for much of the world's technology at a time when the United States and China are actively competing for influence in Africa. Analysts see the deal as a major turning point but don't believe it will quickly end the fighting. Congo and Rwanda send top diplomats to sign Congo's Foreign Minister Therese Kayikwamba Wagner invoked the millions of victims of the conflict in signing the agreement with Rwandan Foreign Minister Olivier Nduhungirehe. Both expressed optimism but stressed significant work still to do to end the fighting. 'Some wounds will heal, but they will never fully disappear,' Wagner said. 'Those who have suffered the most are watching. They are expecting this agreement to be respected, and we cannot fail them.' Nduhungirehe noted the 'great deal of uncertainty' because previous agreements were not put in place. 'There is no doubt that the road ahead will not be easy,' he said. 'But with the continued support of the United States and other partners, we believe that a turning point has been reached.' They, along with Rubio, lauded the support of the Gulf Arab nation of Qatar in facilitating the agreement, which Doha has been working on for months at the request of the U.S. and others. The agreement has provisions on territorial integrity, prohibition of hostilities and the disengagement, disarmament and conditional integration of non-state armed groups. The peace deal is not likely to quickly end the conflict The Rwanda-backed M23 rebel group is the most prominent armed group in the conflict, and its major advance early this year left bodies on the streets. With 7 million people displaced in Congo, the United Nations has called it 'one of the most protracted, complex, serious humanitarian crises on Earth.' Congo hopes the U.S. will provide it with the security support needed to fight the rebels and possibly get them to withdraw from the key cities of Goma and Bukavu, and from the entire region where Rwanda is estimated to have up to 4,000 troops. Rwanda has said that it's defending its territorial interests and not supporting M23. M23 rebels have suggested that the agreement won't be binding for them. The rebel group hasn't been directly involved in the planned peace deal, although it has been part of other ongoing peace talks. Corneille Nangaa, leader of Congo River Alliance -- known by its French acronym AFC -- which includes M23, told The Associated Press in March that direct peace talks with Congo can only be held if the country acknowledges their grievances and that 'anything regarding us which are done without us, it's against us.' An M23 spokesperson, Oscar Balinda, echoed that to the AP this week. Rwanda also has been accused of exploiting eastern Congo's minerals, used in smartphones, advanced fighter jets and much more. Rwanda has denied any involvement, while analysts say that might make it difficult for Rwanda not to be involved in the region. The deal is at the heart of the U.S. government's push to counter China in Africa. For many years, Chinese companies have been a key player in Congo's minerals sector. Chinese cobalt refineries, which account for a majority of the global supply, rely heavily on Congo. What the U.S. role looks like in ending the conflict Analysts say the U.S. government's commitment might depend on how much access it has to the minerals being discussed under separate negotiations between the American and Congolese governments. The mostly untapped minerals are estimated to be worth as much as $24 trillion by the U.S. Department of Commerce. Christian Moleka, a political scientist at the Congolese think tank Dypol, called the deal a 'major turning point' but could 'in no way eliminate all the issues of the conflict.' 'The current draft agreement ignores war crimes and justice for victims by imposing a partnership between the victim and the aggressor,' he said. 'This seems like a trigger-happy proposition and cannot establish lasting peace without justice and reparation.' In Congo's North Kivu province, the hardest hit by the fighting, some believe that the peace deal will help resolve the violence but warn justice must still be served for an enduring peace. 'I don't think the Americans should be trusted 100 per cent,' said Hope Muhinuka, an activist from the province. 'It is up to us to capitalize on all we have now as an opportunity.' The conflict can be traced to the aftermath of the 1994 genocide in Rwanda, where Hutu militias killed between 500,000 and 1 million ethnic Tutsi, as well as moderate Hutus and Twa, Indigenous people. When Tutsi-led forces fought back, nearly 2 million Hutus crossed into Congo, fearing reprisals. Rwandan authorities have accused the Hutus who fled of participating in the genocide and alleged that elements of the Congolese army protected them. They have argued that the militias formed by a small fraction of the Hutus are a threat to Rwanda's Tutsi population. Since then, the ongoing conflict in east Congo has killed 6 million people, in attacks, famines and unchecked disease outbreaks stemming from the fighting. Chinedu Asadu, Matthew Lee and Ellen Knickmeyer, The Associated Press Asadu reported from Dakar, Senegal. AP writers Ellen Knickmeyer in Washington, Edith M. Lederer at the United Nations, Justin Kabumba in Goma, Congo, and Ignatius Ssuuna in Kigali, Rwanda, contributed to this report.
