Peruvian rare earth discovery richer than initially thought
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Colombian gold CEO involved in $970m laundering case arrested
Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.
Gabriel Resources says Romania holding gold project ‘hostage’
The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.
Gold climbed past the $1,300 mark for first time in five months
But it lost its gains right after two ECB officials said policy makers would propose purchasing 50 billion euros in assets per month through the end of 2016.
Global mining sector ended 2014 on a disappointing note: report
December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.
China’s alleged intentions to mine Antarctica spark global debate
New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.
Canpotex secures potash demand from China in deal with Sinofert
Minimum of 1.9 million metric tons of red standard-grade potash over three years.
Glencore likely to slash spending on coal, oil — HSBC
The global miner and commodities has estimated spending on oil projects for this year and next of $2 billion and $1 billion on coal expansions.
Tahoe’s Escobal silver mine output at high end of 2014 expectations
The mine generated 20.3 million ounces (moz) of silver contained in concentrates recovered from 1.246 million tonnes of ore at an average grade of 585 grams per tonne (gpt).
Rio Tinto’s diamond output down 14% in 2014
The company pointed to the transition of its Argyle mine from open pit to underground, as well as a shift toward processing lower-grade ore at Diavik as the main reasons for the drop.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
