PotashCorp reports solid Q3 earnings
Potash Corp. of Saskatchewan (POT-T, POT-N) has more than doubled its third-quarter profits compared to the year earlier on the back of rising demand for fertilizer products despite economic concerns.
Industrial/Specialty Minerals
Argex completes PEA on titanium dioxide project
The economic viability of Argex Mining’s (RGX-V) La Blache titanium dioxide project in Quebec received validation today with the results of a preliminary economic assessment, the company says.
Karnalyte Resources receives positive feasibility
A feasibility study for the Wynyard Carnallite potash project in central Saskatchewan sent shares of Karnalyte Resources (KRN-T) up to a new fifty-two week high yesterday of $17.50 apiece before closing at $17.15, a gain of 71¢ or…
Orbite Aluminae hits another milestone
Montreal-based Orbite Aluminae (ORT-T) (previously named “Exploration Orbite”) has been given the go-ahead to extract a bulk sample of up to 3,000 tonnes of aluminous clay over the next year from its Grande-Vallée claystone deposit in…
A strong quarter for Talison
Talison Lithium (TLH-T, TLH-V) got a healthy boost from higher sales and production for the period ended Sept. 30. Its shares jumped 26.5% to $3.77 on the news.
Malaga makes headway in the Andes
Before Montreal-based Malaga Inc. (MLG-T, MLGAF-O) took over the Pasto Bueno mine in 2005, private owners in Peru had turned out nearly six million tonnes of tungsten–or 42,000 tonnes of tungsten concentrate–from just five veins they had…
Rio revisits Saskatchewan’s potash scene
Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009, to help pay down its debt during the 2008–2009 recession.
Strong economics for Lithium One’s Sal de Vida
Lithium One (LI-V) is fast-tracking its Sal de Vida lithium and potash project at Salar del Hombre Muerto in Argentina based on encouraging economics that sketch out the project’s huge potential.
Montero looks to put Tanzania on REE map
Tanzania has established itself as one of Africa’s top gold-mining countries, but Montero Mining (mon-v) believes the nation could soon be known for mineralization of a different order.
Wealth Minerals focuses on rare earths
With Chinese producers choking the supply of rare earths, there’s a race to get new, cheap production from outside of China. Explorer Wealth Minerals (WML-V) is part of that hustle, touting its Rodeo de los Molles deposit in Argentina as…
Molycorp ‘rediscovers’ REE deposit
Molycorp (MCP-N) has found a near-forgotten heavy rare earth element (REE) deposit near its Mountain Pass mine in California.
Positive REE recoveries for Ucore
Metallurgical tests on Ucore Rare Metals’ (UCU-V) Bokan Mountain project in southeastern Alaska has shown encouraging recoveries for both light and heavy rare earth elements (REEs).