India’s state-owned rare earth miner heading for Odisha’s beaches
The identified area is the second coastal stretch in Odisha, where deposits of rare earth minerals have been found.
Latest Stories
Molycorp steadies itself after another brutal sell-off
Molycorp recovered somewhat on Monday after a brutal Friday when the rare earth miner was beaten down 11.8% – it was also one of the most actively traded stocks on the NYSE – after an analyst raised doubts about its Mountain Pass mine ramp-up plans.
Panama Canal expansion to change dynamics of commodity trade
When the third lane opens the canal's capacity will more than double. The largest ships will carry as many as 13,200 containers -- at least double the dry weight of bulk cargo that can pass through today.
Montana coal mining related protests reach the Capitol, no major impact
USA’s second-largest coal producer, Arch Coal, has drawn protests from activists and locals after announcing it had applied for a permit in Montana to begin tapping its massive Otter Creek coal strips.
Franco-Nevada injects $1 billion into Inmet’s copper project
Canada’s Franco-Nevada has committed a whopping $1 billion to support the development costs of Inmet's massive Cobre Panama copper project in exchange for a future precious metals stream.
Australia’s Queensland coal industry hits new wall as Yancoal reviews expansion
Already running at a loss or struggling to stay in the black, most thermal coal mines in Australia's Queensland are now facing additional challenges as exports drop and major projects wind back.
Germany’s coal revival to boost energy change
A 2200 MW coal power plant opened in Cologne is being lauded for aiding Germany’s transition from nuclear power to renewables.
Chile’s Codelco to win big in agreement with Anglo
If everything goes as planned, at the end of this week Chile’s Codelco and Anglo American will sign a long-awaited agreement that would end one of the biggest business disputes in recent decades.
Bring home profits from Nevada
Investors do not need to travel the world to make money in gold mining stocks. Nevada has world-class geology, infrastructure and a mine-friendly legal system without the substantial risks of international resource development.
