Molycorp discovers a new REE deposit
Molycorp (mcp-n) has found a once forgotten heavy rare-earth element (HREE) deposit near its Mountain Pass mine in California.
Industrial/Specialty Minerals
Greenlight advancing east-coast lithium project
Vancouver – Eastern Canada-focused Greenlight Resources (GR-V) is testing a new lithium extraction process that could be used at its Brazil Lake project, while it continues to expand its overall property holdings.
Ucore reports positive recoveries from Bokan Mtn REE project
Vancouver – Metallurgical testing on Ucore Rare Metals’ (UCU-V) Bokan Mountain project in southeastern Alaska has shown encouraging recoveries for both light and heavy rare earth elements.
Outlook brightens for American Vanadium’s Gibellini
American Vanadium (AVC-V) has significantly improved the economics of its Gibellini vanadium project in Nevada, thanks in small part to an improved outlook for vanadium oxide prices.
Wealth Minerals focuses on rare earths
With the Chinese recently choking the supply of rare earths, there’s a race to get new cheap production from outside of China. Specialty minerals explorer Wealth Minerals (wml-v) is part of that hustle, touting its Rodeo de los Molles deposit…
GeoMega’s Montviel is no longer a secret
“The secret will be out with the initial resource estimate,” said GeoMega’s (GMA-V) president Simon Britt, referring to the potential at the company’s Montviel carbonatite rare earth elements (REE) property in Abitibi, Que.
Rio revisits Saskatchewan’s potash scene
Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession.
Allana Potash adopts shareholder rights plan
In an effort to discourage any unsolicited and unfair takeover bids Allana Potash (AAA-T, ALLRF-O) announced yesterday that it is adopting a shareholder rights plan. But the company emphasized that while it is in talks with various strategic…
Mandalay looks for discounted properties
The strategy at gold and antimony producer Mandalay Resources (MND-T) is to find assets that can generate enough cash to grow themselves as well as fund the next acquisition. So far, that strategy appears to be working at the…
Niobec stake could be cash cow for Iamgold
Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…
Inca Pacific takes $35M buyout to end ownership dispute
A protracted ownership battle looks to be ending, with Inca Pacific Resources (IPR-V) agreeing to a $35-million buyout by Lima-listed Minera Milpo.
BC regulator flags Passport Potash
The British Columbia Securities Commission (BCSC) has scrutinized Passport Potash (ppi-v) for making several disclosures touting its Holbrook potash project in Arizona.