Tehran Times cited Mr Rostam Qasemi Oil minister of Iranian as saying that OPEC will hold an extraordinary meeting if oil prices come down below USD 100. Mr Qasemi said that''According to projections,oil prices will remain higher than ...
Tags: Opec, Mineral, cut production ceiling
Bloomberg reported that Anglo American Plc,the mining company with operations from Africa to Chile,will resume working on a power line at its Minas Rio iron ore project in Brazil after an injunction on the line's license was lifted. ...
Tags: Brazil, a power lin, power transmission
Hubei Province based major Chinese steel producer Wuhan Iron and Steel Group has estimated that in 2012 it will achieve outputs of 35.27 million tonne of pig iron, 36.31 million tonne of crude steel and 36.9 million tonne of finished steel, ...
Tags: Chinese, steel producer, Mineral
Reuters reported that LUKoil had decided not to join the development of Iraq's West Qurna-1 oil field,citing high risks,paving the way for Chinese companies to enter the project. LUKoil oversees the largest share of oil reserves in ...
Tags: Mineral, Energy, Qurna-1 oil field
A Malaysian court dismissed an appeal against a temporary operating licence for Lynas Corp (ASX:LYC), an Australian rare earth miner, despite residents' opposition over alleged radioactive hazards, Channel New Asia reports. The decision ...
Tags: Asia, Australia, China, Lynas Corp, Lynas Corporation Ltd., Malaysia
Australia's Lynas Corp (ASX:LYC) said on Wednesday it has received a temporary operating licence for its long-delayed and controversial $800 million rare earths plant in Malaysia. The permit, which allows Lynas to start operating as early ...
Tags: Asia, Lynas Corp, Malaysia, Rare Earth
Malaysian residents opposed to a rare earths processing facility have launched a legal challenged that threatens to delay the project put forward by Australia's Lynas Corp. Reuters reports the court action would force the government to ...
Tags: Lynas Corp, Malaysia, Rare Earth, Metallurgy
China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner. According to a report by Global Times, the “mega-corporation”, named China North Rare Earths (Group) ...
Tags: Asia, China, Rare Earth, USA
New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must ...
Tags: Coal, Copper, Diamond, Gold, Iron Ore, Nickel, Oil Sands, Potash, Rare Earth
The mining and minerals industry has made major advances towards sustainability, but the sector faces new challenges as governments reassert control over their natural resources, but lack capacity to ensure mining can contribute to ...
Tags: Africa, Asia, Australia, China, Coal, Consultants News, Copper, Diamond
OTTAWA, ONTARIO–(Marketwire – March 13, 2012) - Focus Metals Inc. ("Focus" or the "Corporation") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) and partner SOQUEM Inc. ("SOQUEM") are pleased to report the results of the fall 2011 ...
Tags: Canada, Exploration, Quebec, Rare Earth
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
Oxford University researchers looking for more efficient and cheaper ways to manufacture solar panels have found a possible solution in lowly base metal zinc. For as long as photovoltaic panels have been in large-scale commercial ...
Tags: Indium, Rare Earth, Zinc, Metallurgy
China's top 10 REE producers are planning to set up a trading platform for rare earth oxides as early as next month. China mines roughly 95% of the world's rare earths and is also the globe's top consumer of the 17 elements used in ...
Tags: China, Rare Earth, Metallurgy
Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday. By lunchtime the stock was trading at $30.09, up 15.8%, on volumes already close to triple the daily average. The counter is ...
Tags: China, Finance, Molybdenum, Rare Earth, USA