Industrial/Specialty Minerals

Facilities at Iamgold's Niobec niobium mine in 25 km northwest of Saguenay, Quebec. Photo by Iamgold

Iamgold sees capex rising

Iamgold (IMG-T, IAG-N) has reported production of 253,000 attributable gold oz. in the fourth quarter of 2011, the company’s best quarter of the year. Full-year production, including the company’s production from discontinued businesses, was…



Sirius to raise 50M for U.K. potash project

London, U.K. — In northern England, the rolling hills and purple heather of the North Yorkshire Moors are more associated with tourism these days than with the area’s long-shut iron ore mines and blast furnaces. Where mining and industrial…



Huckleberry approves mine expansion

The board of Huckleberry Mines – in which Imperial Metals (III-T) holds a 50% stake, and a consortium of Asian companies (Materials, Marubeni, Dowa Mining and Furukawa) owns the remainder – has approved a plan to extend the life of its…


A drill rig at Quest Rare Minerals' Strange Lake rare earth element project in Quebec. Photo by Quest Rare Minerals

Quest moves higher on drill results

Shares of Quest Rare Minerals (QRM-V, QRM-X) closed 25% higher at $3.23 per share on Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4% to 76.5% of rare earth oxides intersected during the company’s Strange Lake…


The Bull Hill zone at Rare Element Resources' Bear Lodge rare earth elements project in Wyoming. Photo by Rare Element Resources

More REEs at Bear Lodge for Rare Element

In an updated resource estimate that includes less than half of the new assay results from holes drilled in 2011, Rare Element Resources (RES-T) has boosted the measured and indicated resources of its Bear Lodge rare earths project in Wyoming…


Globex rises on REE results

Globex Mining (GMX-T) got a boost to its market cap after announcing results from its Turner Falls rare earth project in Quebec.


A bulldozer operator at Baja Mining's Boleo copper-cobalt-zinc-manganese project in Mexico. Photo by Baja Mining

Baja Mining updates progress at Boleo

Baja Mining (BAJ-T) has tested the first of three 2.5-megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project, and says that all three will be online before the month’s end. 


An adit entrance at Playfair Mining's Grey River tungsten project in Newfoundland. Photo by Playfair Mining

Playfair’s tungsten resource grows at Grey River

Playfair Mining (PLY-V) has increased its inferred resource at Grey River, Nfld., by 16%, to 1.2 million tonnes grading 0.73% tungsten trioxide (WO3) for 18.8 million lbs. WO3, or 853,000 metric tonne units (MTUs). (MTUs are the standard weight…


Machinery at Molycorp's Mountain Pass REE mine in California. Photo by Trish Saywell

Molycorp secures offtake agreements for 78% of REE production

In early January, Molycorp (MCP-N) announced that it had found a home for more than three quarters of its first phase of production, ahead of starting up a rare earth production facility at its Mountain Pass rare earths mine in California.


Quest surges on drill results

Shares of Quest Rare Minerals (QRM-V) closed 25% higher at $3.23 per share Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4-76.5% of the total rare earth oxide content intersected in its drill program at Strange…


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