They previously pulled over 1B in gold out of the mine..
This Mine Produced 10 Tons Of Gold - They Say There's More
**Mentioned in CNBC article..**
Published Sun, Jul 13 2025 10:55 AM EDT
The U.S. is attempting to catch up. Before this past week's Trump administration deal, the Biden administration awarded $45 million in funding to MP Materials and the nation's lone rare earths mine, in Mountain Pass, California. **Back in April, the Interior Department approved development activities at the Colosseum rare earths project, located within California's Mojave National Preserve. The project, owned by Australia's Dateline Resources, will potentially become America's second rare earth mine after Mountain Pass.**