Chile okays lithium miner SQM’s plan to remedy water violations

A drop.

Molycorp says the Chlor-Alkali plant at its Mountain Pass, California rare earth mine is now operational, which should see it reach cash-flow break-even this year.

Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.

But producers Molycorp and Lynas haven't joined the rally in the rare earth sector this year.

Industry revenue grew 8%, but profits slumped 28% as China continues crackdown on illegal mining, smuggling and uncompetitive producers.

France resurrects its 17th century economic policy, sets up state miner to explore for rare earths and gold focusing on francophone Africa and South America.

And why did Forbes rank Geology as the 7th most valuable college major?

Evaluating rare earth projects is a tricky business, and the ambiguous reporting methods some companies use don't make it any easier.

Other than the tax credit deferment, Canada's new budget doesn't include any significant changes for the country’s mining and metals industry.