April 9, 2012

$8.4 billion rare earth deposit discovered in Brazil

Brazilian miner World Mineral Resources (WMR) has found a large reserve of neodymium, one of the 17 rare earth elements, in the western Bahia state, which could bring US$8.4 billion…

April 9, 2012

Ready, set, go: China’s long-awaited rare earth industry group is already here

In a move to curb the rampant domestic illegal mining of rare earth, as well as to regulate its rare earths players, China launched on Sunday its industry association for…

April 8, 2012

Gold juniors available at bargain prices: Brien Lundin

What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of…

April 6, 2012

Molycorp is up 38% in 2012, but still cheap say analyst

Molycorp’s mould-breaking deal with Neo Material Technologies has sent its shares rocketing and the counter is now up 38% so far this year, but some analysts say it's still a…

April 6, 2012

Molycorp, Inc. and Rare Element Resources Ltd. rise as China hoards rare earth metals

The increasingly high prices and supply constraints have forced the US, along with Europe and Japan, to file a complaint against China with the World Trade Organization. China holds approximately…

April 5, 2012

Rare earth supplies in U.S. to meet defense needs, Pentagon says

Domestic rare earth supplies will meet the U.S. defense industry’s needs by 2013 for the materials that go into military motors and electronics, according to a Pentagon report sent to…

April 5, 2012

Lynas rare earths plant in Malaysia gets momentary red light

Malaysia's Atomic Energy Licensing Board (AELB) has postponed granting a temporary rare earths mine operating license (TOL) to Australian miner Lynas Corp. (ASX:LYC) until an outstanding appeal by residents to…

April 2, 2012

Chinese government rolls up independent miners in rare earth industry group

In a move to curb the rampant domestic illegal mining of rare earth, as well as regulate its rare earths players, China is launching an industry association for the precious…

March 31, 2012

China’s Baotou Steel Rare-Earth notches hefty profit

An annual profit of more than $A530 million for the world's biggest rare-earths producer, China's Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co, a $1.23 billion North American takeover deal, and…

March 30, 2012

C’mon Obama: Let’s mine more minerals in the US

The United States should take a cue from Canada when it comes to speeding up the environmental approval of mining and energy projects.