MINING.COM

Molycorp’s rare earth reserves jump 36%

U.S.-based Molycorp, Inc., one of the only non-Chinese producers of rare earths, announced today that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36 percent, according to a new independent estimate.

Cecilia Jamasmie | April 10, 2012 | 3:14 pm

Chile’s Codelco will decide future of its Chuquicamata underground mine this year

Chile’s state-owned copper giant Codelco will make a decision on the construction of an underground mine at its Chuquicamata operation before the end of this year, said CEO and Executive President Diego Hernandez.

Cecilia Jamasmie | April 10, 2012 | 2:22 pm

Chile’s copper exports dropped 6.5% in first quarter

Chile’s copper exports fell 6.5% to US$10.5 billion in the first three months of 2012 from $11.2 billion in the same period last year, according to figures compiled by the country’s Central Bank.

Cecilia Jamasmie | April 10, 2012 | 1:42 pm

Vedanta Group says mining ban in India hits iron ore output

London-listed diversified miner Vedanta Resources (LON:VED) announced today a significant drop in its full-year iron ore output, attributed to both a mining ban in India’s southern state of Karnataka and logistical bottlenecks in nearby Goa, which hurt one of its key profit generators.

Cecilia Jamasmie | April 10, 2012 | 1:12 pm

Three hit singles, a Grammy nomination and a diamond mine

Alianue Thiam, a rising R&B singer in the U.S.A., is just another celebrity with a side business, although this side business happens […]

Michael Allan McCrae | April 10, 2012 | 5:44 am

No bubble here: Rogers says Chinese property market is cooled down

Legendary commodity-investor and Singapore resident, Jim Rogers, told China Daily News that the property market has been slowed down and there is no crisis.

Michael Allan McCrae | April 10, 2012 | 5:16 am

Using time lapse video to show 15,272 temperature records falling across the USA

March 2012 broke all the hot weather records in the USA. It was the warmest month in the eastern two-thirds of the USA since records, going back to 1895, were kept.

Michael Allan McCrae | April 10, 2012 | 4:33 am

Castro likes Trudeau; Harper, not so much

Fidel Castro said Prime Minister Stephen Harper suffers from illusions regarding resources and the extensive claims the U.S. has on Canada.

Michael Allan McCrae | April 9, 2012 | 11:34 pm

Glasenberg – 1, Xstrata shareholders – 0

The $2.6 billion Qatari investment could provide Glencore CEO Ivan Glasenberg the necessary backing he needs to push through the deal which many Xstrata shareholders say sell them short.

Frik Els | April 9, 2012 | 11:26 pm

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Why chaos on markets isn’t moving the gold price

This tiny US mining town began burning 52 years ago and never stopped

Iron ore nose-dives, hits fresh lows of $44.6 per tonne

UN Human Rights unit roasts Canada over mining, aboriginal treatment

S. Africa campaigners jump all over Marikana killings report

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