Resource Investing News

Chatham Rock’s underwater mining project rejected

Mineweb reported that the second underwater mining project proposed by Chatham Rock Phosphate Ltd. (NZE:CRP) has been rejected due to the potential environmental impact to the seabed.

3 rare earths companies up over 40 percent year-to-date

Like the rest of the commodities market, the rare earths sector is definitely less exciting now than it was a few years ago.

Potash Ridge anticipates busy fall at Blawn Mountain Project

Canada’s Potash Ridge is moving forward with intentions to start large mining operations at the Blawn Mountain sulfate of potash project.

Coal 101: Sub-bituminous coal explained

Nearly half of the world’s proven coal reserves are sub-bituminous coal and lignite.

Uses of rare earths part one: Light rare earths

Rare earth elements have wide commercial applications.

Weekly round-up: Commodities higher as investor buying interest rises

Commodities gained some ground on Friday after falling early in the week due to investors' continued uncertainty over the future of the Federal Reserve's stimulus program.

5 juniors trading at big premiums to cash

Cash is king in mineral exploration, but maintaining a good market capitalization also plays on other factors, as these companies demonstrate.

Coal giants’ lay offs could be a boon to oversupplied Australia

Major miners Glencore Xstrata and Peabody Energy made large cuts to their Australian coal operations last month, but in the long-term their actions may have a positive impact on the industry.

4 World-class Coal Deposits

As a primary source of electricity and energy around the world, coal is one of the most important fossil fuels. Here's a look at four important coal deposits around the world.

Rare earth prices rise on Chinese crackdown

Offer prices of terbium, praseodymium/neodymium and dysprosium rose in China last week.

BC environmental assessment process raises questions

In September 2011, British Columbia Premier Christy Clark laid out an agenda to spur job creation in the province. As part of her plan, she promised 17 new or expanded mines in BC by 2015. […]

Is BHP’s Jansen Potash Mine destined to flop?

With wide-eyed ambition, BHP Billiton hopes its Jansen project will change the potash industry

Pinetree capital acquires 1,000,000 common shares of Potash Ridge Corporation

As of December 5, 2012 Pinetree and its joint actors collectively now hold an aggregate of 9, 500, 000 common shares of Potash Ridge.

Fed’s position on QE crushes silver

Silver moved into the second quarter displaying a pattern investors are likely becoming all too familiar with, whereby the market shows signs of strength at the opening of the week, responds negatively to a midweek disappointment, and attempts to claw its way back with the approach of the weekend.

US job growth boosts copper bulls

Copper hit its highest level in 2012 this week, boosted by strong manufacturing data from China. Steady job growth in the US too is pushing up demand, but downside risks especially in Europe remain.

Potash prices steady as contracts continue

Recent potash contract placements by some of the world’s largest buyers have raised hopes of a resurgence in the fortunes of potash companies and their investors.

Silver responds to Fed, then weakens

Silver started this week moving in a positive direction, but is now back under pressure. The metal has yet to return to its February 29 high, and it appears that many investors are deciding not to wait around.

Silver tailings: Profitable waste?

Tailings are materials produced from mining such as milled rock and effluents. In many cases, massive quantities of these materials, regarded as waste, are left from previous operations. Given the potential health and environmental risks associated with tailings, they could be viewed as problems or project deterrents, but then again, they could be viewed as a source of cash.

Arizona’s copper mining challenges

There is no doubt that copper mining is a big business in Arizona, supporting over 62,000 jobs and contributing about $7.5 billion to the state’s GDP. But for Arizona to retain its prominent position in the industry, and indeed for the United States to remain a significant producer of the metal, the way that state legislature and national regulations move forward on land and mining rights will be critical.

Ucore Working on Rare Earth Ramp-Up in Alaska

Alaska Dispatch reported on Ucore's (TSXV:UCU) progress at the Bokan rare earth project in Alaska.

The scramble for Africa's copper: Never mind the Chinese, Ivanhoe's Friedland says he has the prize asset

Serial mega-mine developer Robert Friedland said in early February that Ivanplats will be developing the Kamoa mine in the DRC, Africa’s largest copper project that will have a lifespan that can be “measured in generations as opposed to decades.”

Rare earth abundance: China could come close to doubling exports

China, the world’s largest supplier of rare earth, may almost double exports this year, meeting quotas set by the government as lower prices continue to stimulate demand.

Challenges facing the Australian diamond industry

After five years of declines, primarily attributed to low production, poor prices, and a high Australian dollar, IBISWorld’s “Industries to fly and fall in 2012” report forecasts a “revenue rebound” for Australia’s diamond and gemstone mining industry that will involve five years of growth with industry revenues climbing to $947.3 million by 2016-17.

Nova Mining Corp launches new website about its diamond mine

Nova Mining Corp. (OTCQB:NVMN) announced it has launched a new website following progress at its diamond mine.

Underground Core Mining Training Program in New Brunswick Launched by Trevali and First Nations

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) announced its support and commitment to the recently launched First Nations Underground Core Mining Training Program through the New Brunswick Community College (NBCC) in Miramichi. Trevali has partnered with the Aboriginal Workforce Development Initiative (AWDI) and the New Brunswick Department of Post-Secondary Education, Training and Labour (PETL) to train and employ 12 people from Elsipogtog, Pabineau, Eel Ground, Esgenoopetitj, Eel River Bar and Metepenagiag for Trevali's Halfmile Mine in the Bathurst Mining Camp of northern New Brunswick.