November 9, 2012

Lynas looking to raise AUD 200 million to launch LAMP operations

Lynas Corp. plans to raise up to AUD 200 million (USD 208 million) in order to help fund the start-up of operations at its LAMP site in Malaysia.

November 9, 2012

Molycorp downward spiral resumes as SEC casts doubt on its numbers

Rare earth producer is down more than 13% after SEC launches formal investigation into the accuracy of the company's public disclosures.

November 9, 2012

Positive drill results at Ngualla rare earth project

Peak Resources Limited the developer of a potentially low cost, long term rare earth project in Tanzania, announced additional new drill results from its 100%-owned Ngualla Rare Earth Project in…

November 8, 2012

Molycorp surges after better than expected results

Rare earth producer Molycorp reported a Q3 loss on Thursday, but investors liked top line growth that jumped 49% to $205.6 million.

November 8, 2012

Lynas wins battle against activists, gears up to start rare earths production in Malaysia

Australia's Lynas Corp (ASX:LYC) won Thursday the latest of a series of long-dragged legal battles against activists, which took the company to court for allegedly causing major health and environmental…

November 6, 2012

Molycorp sues contractor for over $45 million

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over…

November 1, 2012

Matamec receives second payment of CAD 1.1 million from Toyotsu Rare Earth Canada

Matamec Explorations Inc. today announced that it has received a second payment of CAD 1,119,776 (USD 1,120,778) from its Japanese partner Toyotsu Rare Earth Canada Inc. (TRECan), a subsidiary of…

October 30, 2012

China deeply vested in Canada, with more to come

Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to…

October 28, 2012

French scientists transform H20 into gold

Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.

October 26, 2012

Energy minister: Malawi holds over 30 million tons of rare earth minerals

Cassim Chilumpha, Minister of Natural Resources, Energy and Environment in Malawi, said today that the country holds more than 30 million tons of rare earths and a mining lifespan of…