MINING.COM

Analysts say dump Lynas

Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced the company to halt operations in Malaysia.

Cecilia Jamasmie | August 10, 2012 | 12:25 pm

Meet China’s new rare earth mega-company

China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth producers in the provinces Shandong, Gansu and Sichuan.

MINING.COM Staff Writer | August 9, 2012 | 7:30 pm

Molycorp stock in freefall as falling cash flow forces it to find new financing

Today's decline brings Molycorp's losses since hitting a high of $77.54 on May 3 2011 to over 80% giving it a market value of $1.1 billion.

Frik Els | August 3, 2012 | 9:02 pm

Retreating ice reveals huge riches in Greenland

Business Insider has the story about Greenland and global warming, which is peeling back thick ice and uncovering vast mineral wealth.

Michael Allan McCrae | July 31, 2012 | 9:15 pm

Molycorp production push to challenge Chinese rare earth dominance

The USA's largest rare earth producer Molycorp (NYSE:MCP) is mounting a credible challenge to Chinese rare earth dominance by dramatically scaling up output and potentially increasing its global market share to 30% from 4% at present.

Marc Howe | July 31, 2012 | 2:15 am

China’s rare earth exports plunge by over 40%

The volume of rare earth minerals legally exported from China for the first half of 2012 plunged by 42.7% year-on-year to hit 4,908 tons according to statistics from China's customs authorities.

Marc Howe | July 26, 2012 | 3:24 am

China cracks down on illegal rare earth mines in Guangdong province

Police in the southern Chinese province of Guangdong announced on Tuesday that they have shut down nine rare earth mines operating illegally in Longchuan county over the past six months.

Marc Howe | July 25, 2012 | 2:49 am

WTO probe ratchets up rare earth tensions with China

The World Trade Organization will investigate China's quotas and tariffs on rare earth minerals following prompting from the US, EU and Japan, who allege the export restrictions are in contravention of international trade regulations.

Marc Howe | July 24, 2012 | 10:06 am

Rare earth mining rights in China have just been cut in half

The Chinese government has halved the number of rare earth mining rights in the country pulling 65 permits in all, according to a report by ChinaDaily USA.

Michael Allan McCrae | July 19, 2012 | 10:16 pm

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World’s top miner embracing the boom in electric car batteries

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