Molycorp tanks after results
Shares down 19% after hours after production at its Mountain Pass rare earth mine in California slumps 58% and costs more than double.
Latest Stories
Larson Electronics Releases New Class 1 Division 2 Offshore LED Rig Light Fixture
Leading lighting manufacturer Larson Electronics has announced the release of a powerful new LED fixture designed to provide powerful output combined with rugged construction capable of withstanding the rigors of offshore operation.
Top gold-ETF holdings fall back to Lehman levels
Rather than using the drop in the price of gold to stock up on cheap metal, investors continue to slash their exposure to the metal.
Chinese bidders line up for Eldorado Gold mines
Vancouver-based firm's three Chinese mines could fetch up to $1.5 billion ahead of a Hong Kong listing.
De Beers Diamond Jewellers launches new ceramic designs
De Beers Diamond Jewellers Launches its first ceramic designs with Enchanted Lotus Moonlight & Daylight.
Dollar crushes gold price
Gold price drops to lowest since April 2010 and is now set for the first back-to-back annual drop since 1998.
Mines minister trying to regain Alaska’s confidence in B.C.
British Columbia's Energy Minister Bill Bennett wants to show Alaskans why the province’s resource sector is not a threat to the state's environment and salmon fishery.
Ivanhoe OK to build one of world’s biggest platinum mines
South Africa’s Department of Mineral Resources has finally approved the miner's Platreef platinum project.
Enbridge swings to loss, but beats estimates on oil sands transport
The company's Line 9B reversal project has been delayed after the National Energy Board requested additional info last month.
