July 6, 2011

Common politics muddy waters in rare earth discovery

The economics of extracting minerals from sand more than two miles underwater are unlikely to lend themselves to exploitation of the resource in the foreseeable future. The rare earths industry…

July 4, 2011

Vale’s still the only firm offer – Metorex

South African miner Metorex said on Monday that it had still received no firm offer from any party other than Brazil's Vale, which has made a $1.1 billion offer for…

July 4, 2011

Proto Resources receives mining lease in Tasmania

Proto Resources & Investments has received a mining lease from the Tasmanian Government for the firm's Barnes Hill project near Beaconsfield, Tasmania, for an initial period of 15 years.

July 4, 2011

Deep sea mud is rich in rare earth elements

A team of Japanese scientists have found large quantities of rare earth minerals on the bottom of the Pacific Ocean. In a Nature Geoscience article published on Monday, the team…

July 3, 2011

Cavan provides update on proposed financing

Cavan Ventures Inc. (“Cavan” or the “Company”) (TSX VENTURE:CVN) announced today that due to challenging market conditions, it has restructured its previously […]

July 1, 2011

Prices to spiral as top Chinese rare earth producers sign far-reaching pact

The China Post reports two of China's largest rare earths producers Rising Nonferrous Metals Share Co. and Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-tech Co. — the listed arms of…

July 1, 2011

Domestic spot cobalt prices fall further

Jinchuan Group cut refined cobalt prices from RMB 300 kt/mt to RMB 290 kt/mt, down by 3% and cut tricobalt tetroxide prices from RMB 212/kg to RMB 207/kg.

July 1, 2011

Lynas Corp sinks as Malaysia orders rare earth plant safety review

Australia's Lynas Corporation lost more than 11% of its value on Friday after it emerged the company's Malaysian rare-earth refinery may be delayed by a government review that called for…

July 1, 2011

Matamec announces 63,850 tonnes of indicated and 17,780 tonnes of inferred TREO at Kipawa

Matamec Explorations Inc. (TSX VENTURE:MAT) has an updated resource for the Kipawa Deposit. The indicated resources represent 76% of the total resources in the rare earths-enriched zones. The Kipawa Deposit's…

June 30, 2011

Number one Japanese rare earths magnetic alloy manufacturer moves production to China

Japan's Showa Denko KK will transfer some production of high-performance magnetic alloys used in hybrid vehicle motors to China this month, the Nikkei business daily said.