TORONTO, ONTARIO–(Marketwire – March 6, 2012) – Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today announced that it has entered into a binding Purchase and Sale Agreement (the ...
Tags: rare earth mining, Mountain Pass Mine, Mountain Resources, Rare Earth
Hal Quinn, President and CEO of the National Mining Association, testified before Congress recently on new legislation that would address America's dependence on critical metals. Critical metals are materials used in so-called ...
Tags: NMA President, critical metals, metals, rare earths
U.S.-based Molycorp, Inc., one of the only non-Chinese producers of rare earths, announced today that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36%, according to a ...
Tags: rare earths, rare earth minerals, mineral reserves, mining
Chris Berry, founder of Mountain Partners asset management company, provided an interesting summary of the graphite space while speaking at the recent Graphite Express Conference in Vancouver. The conference featured a keynote address ...
Equity investing is squarely in a risk-off phase and few sectors have been hit harder than junior mining. Rare earth elements equities are no exception, but most of the materials themselves have not dropped nearly as much. The Critical ...
Tags: REE stocks, REE, junior mining, Rare earth elements, Rare earth
The USA's largest rare earth producer Molycorp (NYSE:MCP) is mounting a credible challenge to Chinese rare earth dominance by dramatically scaling up output and potentially increasing its global market share to 30% from 4% at present. ...
Tags: rare earth, rare earth producer, rare earth operations
ABC News reported that a West Australian company has been granted a lease to mine iron ore in Tasmania's Tarkine region on the west coast. Venture Minerals said that it is a significant step towards building the project at Riley Creek, ...
Tags: iron ore, mining, mining project, Australia
AXG Mining has made the decision not to proceed with its acquisition of Pinto Minerals due to a delay in the granting of three licences to Pinto. Pinto has a number of applications for exploration licences located in Zambia, and one of ...
Tags: AXG Mining, acquisition, Pinto Minerals, mining
Larsen & Toubro has secured new orders valued over INR 10.09 billion in the month of November and till date in December 2012. The buildings and factories business of L&T Construction has bagged new orders worth INR 8.52 billion for the ...
Tags: IT campus facility, minerals, steel, China, India
Regent Pacific Group Ltd, the investment company that made an unsuccessful bid for BC Iron Ltd. last year, said that it may sell its 20% stake in the Australian iron ore producer to buy stakes in other miners. According to a statement ...
Tags: Regent Pacific Group Ltd, BC Iron Ltd, iron ore producer, Iron
Reuters reported that South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy. Mr Lionel October director general of the ...
Tags: platinum, iron ore miners, domestic metal, South Africa
First Point Minerals Corp announced that it has encountered extensive nickel-iron alloy mineralization carrying promising grades during a first pass of wide-spaced exploration drilling at the 100%-owned Wale property in northern British ...
Tags: First Point Minerals Corp, nickel, iron, alloy, mineralization
Monax Mining has inked an Option to Purchase agreement with Falcon Minerals covering two tenements prospective for copper-gold in South Australia. The tenements adjoin three tenements already held by Monax’s wholly owned subsidiary, ...
Tags: Monax Mining, Falcon Minerals, copper, gold, Australia
Proactive Investors reported that Mamba Minerals will raise USD 787,500 through the private placement of 3.5 million shares at USD 0.225, in a deal arranged by Capital Investment Partners to Michael O’Keeffe. O’Keeffe was the ...
Tags: Proactive Investors, Mamba Minerals, private placement, Minerals
Reuters reported that South Africa wants to impose export curbs on minerals such as platinum and iron ore as part of a drive by the ruling African National Congress to create more jobs in industry in the continent's biggest economy. The ...
Tags: South Africa, minerals, platinum, iron ore