Glencore eyes Viterra in $6.1B deal
Swiss-based Glencore International (GLEN-L) has tabled a friendly $6.1-billion cash bid for Saskatchewan-based grain handler Viterra (VT-T, VTA-A).
Industrial/Specialty Minerals
Molycorp proposes key deal to buy Neo Material
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
Great Western arranges $80-million bond financing
Vancouver — Great Western Minerals Group (GWG-T) has secured US$80-million in a bond financing as it works to open its flagship rare earths mine in South Africa and build or upgrade several processing facilities.
Canadian companies leading the charge in Guyana
Vancouver — Guyana is looking to Canada for investment and support as the nation moves forward with a progressive natural resource development policy.
Rare Element bullish on Bear Lodge
Rare Element Resources (RES-T, REE-X) says its prefeasibility study on the Bear Lodge project in Wyoming indicates that the rare earths project is technologically feasible and offers robust returns on invested capital.
Commentary: US industry relies too much on Chinese REEs
The following letter was sent to U.S. President Barack Obama by members of congress Mike Coffman, Hank Johnson, Leonard Boswell, Cynthia M. Lummis, Dana Rohrabacher, Cathy McMorris Rodgers, Tom Latham, Walter B. Jones, Paul A. Gosar and Donald…
Malaga sitting pretty as tungsten prices soar
Three years ago when Pierre Monet went out on the road to talk to the investment community about tungsten, he would spend more than half of his time explaining what the metal was all about.
Buffet buys into tungsten mine
While tungsten promoters may want to spin a tungsten mine investment that connects back to Warren Buffet as a rousing endorsement for the metal, the main factor in the move may be far more pragmatic.
Molycorp/Neo Material deal puts upstream and downstream together
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
What’s next for Ethiopian Potash?
David Wahl, former president and chief executive of Ethiopian Potash (FED-V), in an early March interview said he aimed to keep the drills turning, construction going, and results flowing from the Danakil potash project in northern Ethiopia,…
Graphite: Hot commodity or hyped commodity?
Lithium and rare earth metals became the “it” commodities in the mining industry over the last few years, and now there is a growing consensus among industry watchers that graphite is set to take the stage in their wake.
27,000-page environmental study leaves Pebble critics unimpressed
Facing legal, political and regulatory challenges before the permitting process has even begun, the Hunter Dickinson Group’s Northern Dynasty Minerals (NDM-T, NAK-N, NAK-X) appears to be swimming against the current at its giant Pebble…