In the early 1900s high-grade, surface-enriched copper was mined from Mount Dore in northwestern Queensland, but production to 1961 reached just 5.9 tonnes of copper.Fast-forward nearly 50 years and in December 2008, Ivanhoe Australia (IVA-A)…
WASHINGTON, D. C. — Jack Lifton has an urgent warning for the United States when it comes to the supply of rare earth elements (REEs) — metals that are essential to everything from cell phones and LCD screens to military applications and…
Molybdenum producers and developers have been on a roller coaster ride for the past year. Between 2004 and 2008, molybdenum oxide (moly) prices seemed to have found a home in the US$30-to US$35- per-lb. range. And even as most other base metals…
Western Lithium Canada (WLC-V, WLCDF-O) has withdrawn its offer to buy Rocky Mountain Resources (RKY-V, RMRCF-O) in an all-share deal valued at $8.4 million.The two companies had signed a non-binding letter of intent whereby Rocky Mountain…
VANCOUVER– A scoping study for the Copaquire copper-molybdenum project in Chile shows the project supports a just-profitable mine as is, but suggests that owner International PBX Ventures (PBX-V, IPBXF-O) investigate how the new-found rhenium…
With its share price recently hitting new highs, Rare Element Resources (RES-V, RRLMF-O) has started a scoping study on the Bull Hill Southwest deposit at its Bear Lodge rare earth element (REE) project in Wyoming.The scoping study is…
A private gold exploration company with an interest in sub-Saharan and equatorial Africa hopes to acquire Canadian junior Axmin (AXM-V, AXMIF-O), which has gold and other assets in the Central African…
Despite trouble at both its Boroo mine in Mongolia and its Kumtor mine in Kyrgyzstan, Centerra Gold (CG-T, CAGDF-O) managed to boost profits by 19.5% during the third quarter.
Production should start by the end of the month at B2Gold’s (BTO-T) Orosi gold mine in Nicaragua and that means there will be a major increase in gold production for the company next year.
Randgold Resources (GOLD-Q , RRS-L) and AngloGold Ashanti (AU-N) are showing their faith and optimism in the recently acquired Moto gold project in the Democratic Republic of the Congo’s (DRC) northea…
Monterrey, Mexico — Canadian miner HudBay Minerals (HBM-T, HBMFF-O) picked a challenge when it chose to go …
In the coming weeks, a second drill rig will be flown by helicopter to the Miwah gold project in Indonesia’s A…
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