Critical minerals and materials
In this article I am going to take a look at three reports covering what the US and Europe consider critical or strategic minerals and materials.
In this article I am going to take a look at three reports covering what the US and Europe consider critical or strategic minerals and materials.
The prospect of mining the ocean floor may seem far-fetched, but China, motivated by its insatiable hunger for resources, has opened its eyes to the idea. According to a story in The Japan Times, China will attempt to plunge the Jialong - the world's deepest-diving manned submersible - 5,000 metres below the surface of the Pacific Ocean between Hawaii and North America, exceeding the craft's previous depth of 3,759 metres.
Australia's no. 2 nickel miner Minara Resources , which is resuming full production runs following repair work at its Murrin Murrin ore processing plant, trimmed its full-year production guidance on Wednesday. Minara, 71 percent-owned by commodities trader Glencore International , cut its guidance to 29,000-32,000 tonnes of nickel in 2011 from between 33,000 and 37,000 tonnes.
Vancouver's GGL Resources Corp. announced on Tuesday Rio Tinto Exploration Canada Inc. (formerly, Kennecott Canada Exploration Inc.) has notified GGL that it is planning to budget approximately $650,000 for diamond exploration on the CH Project claims. The CH Project Area is located some 250 kilometers north of Yellowknife in the Northwest Territories (NT) of Canada. The Property lies within an area measuring 60 km east-west by 80 km north-south, and begins 30 km west of the Diavik Diamond Mine.
Reuters reports that nickel went untraded today, but still managed to fall as copper, aluminum and zinc also fell.
Carpentaria Exploration Limited today announces a plus A$3.5 million budget for greenfields exploration in the 2011/12 financial year, continuing its aggressive exploration programs across eastern Australia
Unrest and strikes in Indonesia, Chile, Australia and Africa, a shortage of skilled workers in North America and rising labour costs all over the globe are quickly becoming the most serious downsides of a mining boom that started almost a decade ago. While a historically high overall jobless rate is masking spiking wages in the resources sector in the US, workers in emerging markets are shutting down operations of mining companies deemed not to be sharing record profits fairly.
Canada Lithium Corp. (TSX: CLQ) (OTCQX: CLQMF) announced today it has filled three senior management positions and placed key orders for both process plant and mine equipment as the $202-million Québec Lithium Project near Val d'Or, Qué., enters the construction phase.
A mine rescue agency said that Zambian mines are well equipped and can react to any eventualities. In an apparent reaction to the recent development at Zambia’s sole nickel producer, Albidon mining where a sink hold affected production at the mine for another three weeks.
First Point Minerals Corporation announced positive metallurgical results from test work completed by Cliffs Natural Resources Exploration Inc an affiliate of Cliffs Natural Resources Inc CLF +1.35% FR:CLF +6.43% for the Decar nickel project in central