Industrial/Specialty Minerals

Tesla Motors   has signed a conditional agreement with joint-venture partners Bacanora Minerals   and Rare Earth Minerals    to secure long-term resources from the juniors' Sonora Lithium project, 180 km northeast of Hermosillo in northern Mexico's Sonora state. Credit: Bacanora Minerals

Patricia Mohr names lithium as one of top picks for 2016

Most mined commodities declined in price this year, but spot prices in China for lithium carbonate actually increased, rising 15% year-on-year to as high as US$7,500 per tonne, making it one of Patricia Mohr’s top picks for 2016.


A rendering of Tesla Motors' planned Gigafactory - which will produce lithium-ion batteries - currently under construction in Storey County, Nevada. Credit: Tesla Motors

Bacanora raises US$13.4M for Mexican lithium project

Just a few months after Bacanora Minerals (TSXV: BCN) and Rare Earth Minerals (LSE: REM) signed a deal with Tesla Motors (NASDAQ: TSLA) to supply the carmaker with lithium hydroxide from their Sonora lithium project in Mexico, the companies…



Aluminum cuts deepest for facilities in US

Alcoa (NYSE: AA) is idling three of its four U.S. aluminum smelters, taking out annual capacity of 500,000 tonnes of aluminum and 1.2 million tonnes of alumina to curb costs, amid low prices.


US stocks inch up, Oct. 30-Nov. 5

U.S. equities stayed in positive territory, as investors waited for the monthly jobs report and possible reasons for the Federal Reserve to hike interest rates in December. The Dow Jones Industrial Average rose 107.63 points, or 0.6%, to…


Potash Corp.'s Rocanville potash facility in Rocanville, Sask. Source: Potash Corp. of Saskatchewan

PotashCorp cuts supply to match demand

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is lowering its potash production levels in response to weaker demand and fertilizer prices for the second half of 2015.



Aberdeen shifts strategy and focus

For most of its corporate history, Aberdeen International (TSX: AAB) has taken minority, non-controlling equity stakes in mostly public junior mining companies, along with a small contingent of private companies.


The terminal station at Jorf Lasfar for OCP's 187 km slurry pipeline in Morocco, which can move 38 million tons of phosphate per year. Source: OCP

Morocco’s OCP aims to dominate phosphate industry

MARRAKESH, MOROCCO — It’s hard not to be struck by the juxtaposition of tradition and progress when sitting in the back of a worn taxi cab winding its way through the maze-like confines of the medina quarter in the high-profile…



TSX moves up, Sept.14-18

Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero. 



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