Posts by Resource Investing News:

China discovers its largest molybdenum deposit

China has discovered its largest molybdenum deposit containing 2.2 million tons of the silvery metal, which ranks the second largest in the world, in east China's Anhui province. Anhui Geology and Mineral Resources Bureau estimate the deposit in Jinzhai county has 1.275 billion tons of ore which contains 2.2 million tons of molybdenum, said Wu Yulong, head of the bureau.
Resource Investing News | July 22, 2011 | 10:49 pm

Lithium Americas could produce potash by 2014

Mining Weekly reported that Lithium Americas Corp. (TSE:LAC) may be ready to produce potash at its Argentina project by 2014: In an April preliminary economic assessment (PEA) of Cauchari-Olaroz, WorleyParsons estimated the project could produce 55 500 t/y of potash, and 20 000 t/y of lithium carbonate.
Resource Investing News | July 22, 2011 | 7:03 pm

Lithium One Inc.- Low cost lithium at the Sal de Vida brine project, Argentina

Lithium One Inc. (CVE:LI) is a mineral exploration and development company positioned to be a near-term producer of low-cost lithium and potash. Its flagship property is the Sal de Vida brine project in Argentina which hosts one of the largest and highest-grade brine deposits in the world. A preliminary economic assessment of the property is due to be completed in Q3 2011.
Resource Investing News | July 22, 2011 | 6:57 pm

Research funding a key indicator of interest in Canadian province’s minerals

New Brunswick Business Journal reported that research funding for mining projects in New Brunswick has doubled over the past decade. Says the journal: Northcliff Resources Ltd. is drilling samples for metallurgical feasibility test on its Sisson property, about an hour outside of Fredericton, to determine the scope of the tungsten and molybdenum deposit there, which has shown early promise.
Resource Investing News | July 20, 2011 | 6:41 am

UK potash plans opposed by locals

Scarborough Evening News reported that test drilling has been approved for a potential potash site near Scarborough, UK. Once the test drilling is completed Sirius says it then plans to study the results alongside geological and seismic studies to determine where the mine head will be placed.
Resource Investing News | July 20, 2011 | 6:36 am

Chinese investor plans Meridian takeover

NineMSN reports that shares in Meridian Minerals (ASX:MII)jumped after a Chinese state-owned entity, revealed plans to takeover: Shares in Meridian Minerals jumped after the junior explorer's largest shareholder, a Chinese state-owned entity, revealed plans for a $67.5 million takeover offer. Meridian shares were up one cent, or 8.7 per cent, at 12.5 cents at 1343 AEST after an earlier high of 13 cents.
Resource Investing News | July 20, 2011 | 5:08 am