MINING.COM

Lynas wins battle against activists, gears up to start rare earths production in Malaysia

Australia's Lynas Corp (ASX:LYC) won Thursday the latest of a series of long-dragged legal battles against activists, which took the company to court for allegedly causing major health and environmental damages to the Malaysian population.

Cecilia Jamasmie | November 8, 2012 | 1:41 pm

China will back the yuan with gold: Leeb

Storied investor Stephen Leeb says he is bullish on gold in the long-term due to surging demand from the Middle Kingdom and his belief that China plans to back its official currency with the precious metal.

Marc Howe | November 8, 2012 | 3:14 am

Pentagon and Toyota seek to overcome China’s rare earth strangehold

The US Department of Defense and Japanese automaker Toyota (NYSE:TM) have embarked upon simultaneous bids to overcome China's strangehold on rare earth metals via the development of North American supply sources.

Marc Howe | November 8, 2012 | 1:31 am

Obama election win boosts bullion prices and gold-related shares

Gold prices and gold-related shares have witnessed impressive gains following President Barack Obama's second-term election win.

Marc Howe | November 7, 2012 | 11:06 am

China’s overseas mining and metals M&A’s surge in value, momentum set to persist through next year

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

Marc Howe | November 7, 2012 | 6:21 am

Molycorp sues contractor for over $45 million

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over $45 million in damages.

Cecilia Jamasmie | November 6, 2012 | 7:34 pm

WTO to decide on China-EU solar power dispute

The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU with violating rules governing subsidies to its solar-components industry.

Cecilia Jamasmie | November 6, 2012 | 2:08 pm

Chinese jewelers spread inland spurred by spike in consumer demand for gold

China's jewelry stores are expanding into smaller inland cities as demand for gold rises amongst the country's increasingly affluent consumer base.

Marc Howe | November 6, 2012 | 1:48 am

B.C. unions go to court over Chinese miners

Two major unions of the Canadian province of British Columbia have applied to have the Federal Court overturn a decision to allow about 200 foreign workers work at HD Mining Ltd.’s planned Murray River underground coal mine near Tumbler Ridge.

Cecilia Jamasmie | November 5, 2012 | 7:53 pm

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