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.
Industrial/Specialty Minerals
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.
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…
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…
Woulfe starts outlining Muguk’s charm
Woulfe Mining, (wof-v) pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Rare Element Resources adds to resource
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, REE-X) has boosted by 38% the measured and indicated resources of its Bear Lodge rare earths…
Molycorp secures off-take agreements for 78% of production
Before markets opened on Jan. 3 Molycorp (MCP-N) announced that it has found a home for more than three quarters of its Phase I production ahead of the start up of its rare earth production facility at its Mountain Pass mine in California.
Western Lithium completes prefeasibility on Kings Valley
Jay Chmelauskas bought his 100%-electric Nissan Leaf about a month ago and charges its battery at one of two charging stations across the street from the Pan Pacific Hotel in downtown Vancouver. The car gets him around town and his family to…
Matamec signs MOU with Toyota Tsusho on Kipawa
Shares of Matamec Explorations (MAT-V) have taken off following the junior’s announcement that it signed a memorandum of understanding with the trading arm of Toyota Motor Group to fast track the development of its Kipawa rare earth deposit in…
Playfair’s tungsten resource grows at Grey River
Playfair Mining (PLY-V) has increased its inferred resource at Grey River in Newfoundland by 16% to 1.2 million tonnes grading 0.73% tungsten trioxide for 18.8 million pounds of tungsten trioxide or 853,000 metric tonne units (MTUs), the…
Lower metal prices force Moly Mines to halt project development
Lower prices and a higher Australian dollar have combined to force Moly Mines (MOL-T) to put its Spinifex Ridge molybdenum-copper project on hold.