Molybdenum Top Stories

China to inspect tailings dams after spill at molybdenum mine

The move comes after a spill at a molybdenum mine…

Covid-19 cuts $280bn swathe through top 50 mining companies

MINING.COM's ranking of the world's 50 largest mining companies based…

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Euphoria over Molycorp deal may soon turn to despair. China’s grip is as strong as ever and rare earth prices are still dropping

Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday and some industry observers say the tie-up creates a vertically integrated company that will transform the industry. Others see REE prices continuing to drop with some already down 70% and China's grip on the market undiminished – exports could double this year and domestic production continues to ramp up.

Mining with gas: Copper-gold mine in Yukon to be powered with LNG

A new open-pit copper-gold mine in Canada's Yukon Territory would be powered with natural gas. Releasing an update today on its Casino project, Western Copper and Gold Corp. (TSE:WRN) says the company has partnered with Yukon Energy Corp., the territory's energy utility, to evaluate strategies for supplying liquified natural gas (LNG) to the mine and the Yukon.

81% of native corp. opposed to Pebble Mine

The Pebble Mine copper-gold-moly project in Southwestern Alaska got hit with another negative poll last week. The Huffington Post reports that 81% of the roughly 2000 shareholders of the Bristol Bay Native Corporation — the regional Native corporation and largest private landholder in southwest Alaska — have rejected the mine on the basis that it will "unavoidably put at risk the 'fisheries and our Native way of life.'" The project is a partnership between Anglo American (LON:AAL) and Northern Dynasty Minerals (NYSEAMEX:NAK).