Molycorp ties more product into purchase agreements

Rare earths miner Molycorp said on Tuesday it has signed offtake agreements for 58% of its phase-one production at the Mountain Pass mine. The company has also allocated one-fifth of the 19 050 first-phase output to produce its trademark Xsorbx...

Rare earths prices to dip, but there is medium-term upside potential for shares – Dahlman Rose

Analysts at Dahlman Rose & Company believe prices for rare-earth elements like cerium could shrink by up to 80% over the medium term, but that shares in companies set to produce them are undervalued.

Despite Japan, one of best decades ahead for uranium - Cameco's Gitzel

Cameco, which reported a 23% drop in second quarter profits on Thursday, said despite again lowering its uranium demand projections, it expects the decade ahead to be one of the industry’s best ever. “We still expect the world will have about...

Rare earths prices to dip, but not shares - Dahlman Rose

Analysts at Dahlman Rose & Co. believe prices for rare earth elements like cerium could shrink by up to 80% over the medium term, but that shares in companies set to produce them are undervalued, hey said on Tuesday. “From a fundamental...

Dahlman raises target on Molycorp, shares rise

Shares in rare-earth-elements (REE) firm Molycorp jumped 15% on Monday, after Dahlman Rose & Co analysts raised their price target on the company to $85 a share, from $49. Colorado-based Molycorp is the only rare earth oxide producer in the US...

Analysts expect sweetened Potash Corp bid, mixed on rival offer

The general consensus on Tuesday was that BHP Billiton will have to pay quite a bit more than the $130 a share it has proposed if it wants to get its hands on fertiliser products giant Potash Corp. In fact, investors pushed shares in Potash Corp...

China tightening already priced into mining equities – Dahlman

It is not likely that government moves to cool economic growth in China will result in big drops in demand for metals and minerals or the shares of the companies that produce them, analysts at New York-based Dahlman Rose & Co said on Monday....

Freeport may look at buy-back or dividend by end-2010 – analysts

Phoenix-based Freeport-McMoRan Copper & Gold could potentially buy back stock or reinstate a dividend to common shareholders before the end of 2010, after the firm announced on Tuesday it has called for the redemption of its 5,5% convertible...

Increasing rig count bodes well for moly in short term

Recent increases in the number of oil rigs in use around the world should have positive implications for molybdenum demand in the near term, say analysts at New York-based Dahlman Rose & Co. A significant percentage of molybdenum consumption is...

Moly trending up, but threat of returning supply will cap price gains

Molybdenum prices have been moving steadily higher over the last month and are now approaching $10/lb, but any significant gains in the price will be curtailed by the threat of increased supply by producers, say analysts at New York-based Dahlman...

Thompson Creek cautious on moly outlook

Miner Thompson Creek has seen a slight firming of demand and prices for its molybdenum in recent weeks, CEO Kevin Loughrey said on Friday, but he cautioned that, while this is encouraging, it is still too early to talk about a recovery....