AEMA, coalition launch legal challenge to BLM Conservation and Landscape Health Rule
The American Exploration & Mining Association was joined by a coalition in filing a challenge last Friday in the Wyoming district court.
Rare-earth mining company Molycorp Inc.’s (MCP) first-quarter loss narrowed due to higher sales volume and a jump in rare-earth prices, although the company’s adjusted profit and sales growth missed analysts’ expectations. Shares fell 5% to $63.13 in after-hours trading, after closing the regular session down 7.2%. The stock is up 33% this year through Tuesday’s close.