United States

China sets first tranche of 2012 REE export quotas

China has determined that its first tranche of export quotas for rare earth elements in 2012 will be 10,546 tonnes, down 27% from its first tranche of export quotas in 2011, but the China Daily reported that officials at the Ministry of…


Accusations fly in Mosquito Consolidated boardroom scuffle

Weeks of mounting tension between opposing factions of the board of Mosquito Consolidated Gold Mines (MSQ-V) came to the fore at the company’s annual general meeting on Dec. 16, as shareholders finally had their say in the matter. 


International Minerals completes PEA on Converse

At a base-case gold price of US$1,300 per oz. and US$25 per oz. for silver and throughput of 45,000 tonnes per day, an open-pit mine at International Minerals’ (IMZ-T) Converse project in Nevada returns a pre-tax non-discounted cash flow of…



NovaGold, Barrick table feasibility on Donlin

A second feasibility study on the Donlin gold project in southwestern Alaska puts capital costs at US$6.7 billion – down from US$7 billion – and includes US$834 million for building a 500-km natural gas pipeline and US$984 million in…



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…


Facilities at Molycorp's Mountain Pass rare earth element mine in southeastern California. Photo by Trish Saywell

Molycorp delivers on magnet-making deal

In August Molycorp’s (MCP-N) proposed partnership with Hitachi Metals to create a joint venture that would manufacture neodymium-iron-boron (NdFeB) alloy and permanent rare earth magnets fell through when the two companies failed to reach an…


NovaGold completes feasibility on Donlin

An updated feasibility study on the Donlin gold project in southwestern Alaska puts capital costs at US$6.7 billion–down from US$7.0 billion–and includes US$834 million for the construction of a 500 km natural gas pipeline and US$984…


Rye Patch locks horns with Coeur d’Alene

Shares of Rye Patch Gold (RPM-V) surged 84.4% to close at 71¢ yesterday on news that the junior had scooped lapsed mining claims from a subsidiary of major Coeur d’Alene Mines (CDM-T, CDE-N) in the Rochester mining district of Nevada.



Mark Smith, Molycorp's president and CEO. For more than 24 years, Smith has been involved in the operation and development of the Mountain Pass rare earth element mine in southeastern California, seen in the background. Photo by Trish Saywell

Molycorp’s Mountain Pass: A made-in-America solution

In late October Molycorp (MCP-N) bused journalists from Fortune, Wired, Mother Jones and The Northern Miner, among others, down Interstate Highway 15 from Las Vegas to meet president and chief executive Mark Smith and tour the company’s…


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