Miners wrote off almost one-third of investments over last decade
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
German mining and commodity group Deutsche Rohstoff AG said on Wednesday it will develop mining operations in east Germany to exploit estimated deposits of 38,000 tonnes of rare earths.
Rare Element Resources' stock was up 15.17% from its opening price today to $4.13 a share after announcing results of an updated NI 43-101-compliant mineral resource estimate showing a measured and indicated mineral resource of 6.8 million tons at 3.75% rare earth oxides at its Bear Lodge Property in Wyoming, USA.
Molycorp Inc. (MCP) reported that more than three-quarters of the Phase 1 rare-earth production at its flagship California manufacturing facility has been […]
China has set the first tranche of rare earths export quotas for 2012 with more in reserve for firms that have not yet passed inspections. The biggest producer Baotou Rare Earth is still awaiting environmental approval
The substantial capex required for the development of a rare earths mine, compounded by major miners' lack of interest in mining rare earths, may spell trouble in meeting future demand.
Rare earth producer Molycorp (MCP) said Friday it has been granted U.S. government authorization to begin exploratory drilling for heavy rare earth minerals in Mountain Pass, California.
Cows shrinking to the point they turn into cats and villagers wrapped in do-it-yourself anti-radiation suits are only some of the effects of allowingAustralia's Lynas Corporation to open a rare earths plant inMalaysia, according to not-so-subtle protest short satirical films populating YouTube these days.