Vancouver – Continued cautious optimism had the S&P/TSX Venture Composite Index climbing again, up 85.11 points in the shortened October 11-14 trading period to reach 1,557.61 points. The index climbed on three trading days while dropping…
Despite warnings by European Central Bank President Jean-Claude Trichet that the European debt crisis had “reached a systemic dimension;” the defeat in the Senate of U.S. President Barack Obama’s US$447 billion job-creation package; a recent…
Over the past few years we’ve seen booms and busts for niche-market metals like uranium and molybdenum. Now it’s time for the rare earth elements (REE) subsector to endure a similar correction.
The federal government-funded Mining Industry Human Resources Council (MiHR) and the Prospectors and Developers Association of Canada (PDAC) have released a report that analyzes the labour market for mineral exploration in Canada and the human…
The following is an edited excerpt from the report Global Hedge Book Analysis Q2: 2011, which is produced by Thomson Reuters GFMS and available in full at www.gfms.co.uk.
Feuding unions at Excellon Resources’ (EXN-T) Platosa polymetallic mine in Mexico’s Durango state have staged two demonstrations in recent months and caused a total of seven days of lost production in August and September.
Anglo Pacific Group — Matthew Tack resigned as finance director.
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
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.
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 (MCP-N) has found a near-forgotten heavy rare earth element (REE) deposit near its Mountain Pass mine in California.
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).
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