MINING.COM

From mine to finished magnets: Molycorp closes US$1.3 billion acquisition of Neo Materials

US-based rare earth miners, Molycorp (NYSE:MCP), gets a foothold in Asia after completing its US$1.3 billion acquisition of Canadian-based Neo Material Technologies Inc. (TSX:NEM).

Michael Allan McCrae | June 12, 2012 | 5:30 am

Black hole: US coal stocks now down over 60% in 2012 as thermal price hits 2-year low

Coal executives believe that as much as 10% of the production serving the seaborne market could be losing money at current prices.

Frik Els | June 11, 2012 | 6:38 pm

Copper at a six month low after fears resurface about Chinese economy

Copper dropped sharply on Friday after China's decision to cut interest rates suddenly revived fears of a slowdown in the world's second largest economy.

Cecilia Jamasmie | June 8, 2012 | 4:32 pm

China’s rate surprise digs copper out of 2012 hole. If only you could trust those GDP numbers

Copper has managed small gains every day of this week helped by the first Chinese stimulus since the great recession and a halt in exports by its number one producer. Don't get too happy though...

Frik Els | June 7, 2012 | 7:57 pm

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

Cecilia Jamasmie | June 7, 2012 | 1:50 am

Discovery of world’s largest tungsten mine sends Chinese stocks skyrocketing

Shares of China's tungsten companies climbed on Wednesday after the country’s Ministry of Land and Resources announced the discovery of the world's largest tungsten mine in east province of Jiangxi.

Cecilia Jamasmie | June 6, 2012 | 1:34 pm

Ross Beaty laments Argentina, says the commodity supercycle is still intact

Ross Beaty, the founder of Pan America Silver and Equinox Resources, is not cowed by the bad economic news. He looks at the markets and still sees opportunity.

Michael Allan McCrae | June 6, 2012 | 6:16 am

At least 30 coal carriers with unsold cargo floating off China’s coast

The drop-off in demand, exacerbated by high inventories thanks to a mild northern hemisphere winter and a surge in US exports have led to a collapse in thermal coal prices.

Frik Els | June 5, 2012 | 11:21 pm

Potash stocks led by Mosaic and Potash Corp. hit annual lows on financial worries

Stocks of major fertilizer producers Mosaic and Potash Corp hit their lowest levels in almost two years on Monday, in what is considered yet another sign the commodity “supercycle” is gearing down as slower global growth cools demand.

Cecilia Jamasmie | June 5, 2012 | 10:16 am

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US steps up efforts to limit China’s control of critical minerals

Muskmobiles running rivals off the road

First solid bitumen test shipment on its way from Alberta to China

Rio strikes deal with Chinese partners to cut steel-making emissions

Iron ore price plunges, “panic” selling of coking coal

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