Woulfe starts outlining Muguk’s charm
Woulfe Mining, (wof-v) pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Industrial/Specialty Minerals
Rare Element Resources adds to resource
In an updated resource estimate that includes less than half of the new assay results from holes drilled in 2011, Rare Element Resources (RES-T, REE-X) has boosted by 38% the measured and indicated resources of its Bear Lodge rare earths…
Molycorp secures off-take agreements for 78% of production
Before markets opened on Jan. 3 Molycorp (MCP-N) announced that it has found a home for more than three quarters of its Phase I production ahead of the start up of its rare earth production facility at its Mountain Pass mine in California.
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 to…
Matamec signs MOU with Toyota Tsusho on Kipawa
Shares of Matamec Explorations (MAT-V) have taken off following the junior’s announcement that it signed a memorandum of understanding with the trading arm of Toyota Motor Group to fast track the development of its Kipawa rare earth deposit in…
Playfair’s tungsten resource grows at Grey River
Playfair Mining (PLY-V) has increased its inferred resource at Grey River in Newfoundland by 16% to 1.2 million tonnes grading 0.73% tungsten trioxide for 18.8 million pounds of tungsten trioxide or 853,000 metric tonne units (MTUs), the…
Lower metal prices force Moly Mines to halt project development
Lower prices and a higher Australian dollar have combined to force Moly Mines (MOL-T) to put its Spinifex Ridge molybdenum-copper project on hold.
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.
South American Silver releases first Escalones resource
Vancouver – South American Silver (SAC-V) has released a first resource estimate on its wholly-owned Escalones copper-gold-silver project in central Chile.
PEA sets out $7.7B NPV for Orbite’s alumina project
Orbite Aluminae (ORT-T) has released some hard numbers showing the potential of its patented aluminum-extraction process and corresponding project, which it promises will transform the industry.
Updated: Accusations fly in Mosquito Consolidated boardroom scuffle
Vancouver – 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 December 16 as shareholders finally had their say in the…