Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
Industrial/Specialty Minerals
China cuts 2011 export quotas on rare earths
Shares of rare earth element (REE) companies reached new heights when markets re-opened after the holidays on Dec. 29 following news that China has cut export quotas for the strategic metals by 35% year-on-year.
Three junior potash picks
With potash juniors continuing to enjoy the limelight, Mining Markets asked a few fertilizer analysts for their picks in the sector and came up with three companies that stood out.
Amazon Mining’s Cerrado Verde project could be a game changer
Any company whose stock has moved from a low of 93¢ per share to a high of $8 over the course of a year deserves a closer look and so it is with Amazon Mining Holding (AMZ-V).
Positive feasibility for Canada Lithium
Vancouver – Canada’s most advanced lithium project took a big step closer to production on mid-December when Canada Lithium (CLQ-T) produced a positive feasibility study for its Quebec Lithium project near Val d’Or.
Avanti Mining boosts Kitsault’s NPV (December 20, 2010)
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value of Avanti Mining’s (AVT-V) Kitsault project by about US$250 million, boosting it to…
Creston boosts NPV at El Creston (December 17, 2010)
Vancouver – A year of drilling and metallurgical work has given Creston Moly (CMS-V) a big bump in the net present value for its El Creston molybdenum deposit in Mexico.
Energizer Resources adds to resource at Green Giant
As demand for vanadium increases with new battery technologies, London-based Objective Capital Research believes Energizer Resources (EGZ-V) and its Green Giant vanadium project in Madagascar is undervalued.
MDN is more than just a gold play (December 08, 2010)
MDN (MDN-T) may be best known for its 30% interest in the producing Tulawaka gold mine in Tanzania operated by Barrick Gold (ABX-T, ABX-N) and a portfolio of exploration projects in the surrounding Lake Victoria gold district. But some…
Allana gets the cash to explore more Ethiopian potash
With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…
Long REE holes boost Commerce Resources
Vancouver – Two long holes, mineralized with rare earth elements (REEs) from almost top to bottom, have caused a spike in Commerce Resources’ (CCE-V) share price.
German fertilizer major offers $434 million for Potash One
Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…