December 12, 2011

Toyota in talks to form venture with Canadian miner Matamec

Toyota Tsusho Corp., the trading company of the Asia’s largest automaker, will help accelerate production of rare-earth metals for Canadian mining company Matamec Explorations Inc. and buy all the output…

December 6, 2011

GME stocks on the rise following uranium exploration rights announcement

Australia-based Greenland Minerals and Energy Ltd (GME) stocks went up 10 per cent on the ASX from 58 cents to 64 cents on Monday, after the company announced it could…

December 6, 2011

The top 3 commodities plays for the biggest profits in 2012

A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it. Nearly everyone in the world knows what gold is, and nearly…

December 2, 2011

Goldman says commodities to rally in 2012

Goldman Sachs Group forecast that commodities may rally 15% in the next 12 months, sticking with an “overweight” recommendation on raw materials and predicting Brent crude may surge to highest…

December 1, 2011

Lynas protests spread to Sydney

A small group of protestors converged on Lynas Corporation’s annual general meeting in Sydney yesterday in opposition to the company’s rare earth refinery in Malaysia.

November 30, 2011

Stocks rally, lifting commodities

North American stock exchanges are on a tear today after central banks made more funds available to lenders, giving investors hope for a way out of the European debt debacle.…

November 29, 2011

Molycorp, Daido, Mitsubishi form next generation rare earth magnets JV

Molycorp, Daido Steel, and Mitsubishi have formed a joint venture to manufacture and sell next-generation neodymium-iron-boron (NdFeB) permanent rare earth magnets, producing greater performance with less reliance on dysprosium.

November 28, 2011

Pathe to replace Delaney as Sherritt’s retiring chief

David V. Pathe will take over as Sherritt International Corp.’s chief executive officer from the retiring Ian W. Delaney effective Jan. 1, the company said in a statement.

November 25, 2011

Samsung considering $2.2 billion investment in Australian nickel/cobalt mine

Powerful Korean conglomerate Samsung Group is said to be considering a $2.2 billion investment in an Australian nickel and cobalt mine, The Australian is reporting.

November 24, 2011

Exploration budgets up 50%- surging to new all-time high

According to Metals Economics Group’s (MEG) 22nd edition of Corporate Exploration Strategies (CES), the estimated total 2011 budget for nonferrous metals exploration surged to $18.2 billion.