MINING.COM

Chinese steel output hits all-time high in April. Should be good news, right?

While China's steel output is hitting a record rate of over 2 million tonnes per day stockpiles of iron ore are growing at a clip of 1 million tonnes per week at the country's ports.

Frik Els | April 18, 2012 | 7:18 pm

Lynas putting Malaysian opposition to its operations behind it: analysts

Australian analysts from Foster Stockbroking say confidence in rare earths miner Lynas Corporation (ASX:LYC) is returning after the Malaysian High Court dismissed an appeal against the company's Advanced Materials Plant (LAMP).

Cecilia Jamasmie | April 18, 2012 | 1:49 pm

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

CBC Ottawa | April 17, 2012 | 7:36 pm

Mongolian government tells SouthGobi Resources to stop mining

Three weeks after SouthGobi Resources' $925 million deal with Chalco, the Government of Mongolia told SouthGobi that it had to suspend exploration and mining activity on certain licenses.

Michael Allan McCrae | April 17, 2012 | 6:12 pm

Pele Mountain waves gold goodbye to focus on rare earths and uranium

Canadian rare earth explorer Pele Mountain Resources Inc. (TSX-V:GEM)(OTCQX:GOLDF) announced today that it has entered into a binding agreement to sell its Highland Gold projects to a wholly owned subsidiary of Prodigy Gold Inc. (TSX-V:PDG) for US$1.8 million.

Cecilia Jamasmie | April 17, 2012 | 4:35 pm