Commerce Resources’ Ashram PEA points to ‘robust economics’

The results of a preliminary economic assessment (PEA) of rare earth junior Commerce Resources’ Ashram deposit, in northern Quebec, pointed to “robust economics” achievable from a project with significant upside. The PEA established that a...

Galaxy to buy Canada's Lithium One for C$109m

Galaxy Resources said on Friday it will take over Canada's Lithium One in a friendly, C$109-million ($109.10-million) deal that will enable the Australian miner to expand its global resources and become a top player in the lithium. Lithium One...

Company Announcement: Industrial minerals JV with Energizer Resources

Malagasy Minerals Industrial Minerals JV with Canada’s Energizer Resources Inc POTENTIAL GRAPHITE CAMP DISCOVERY Malagasy Minerals Limited (“Malagasy”) (ASX: MGY) advises that its Joint Venture Partner Energizer Resources Inc of Canada has...

Tin’s comeback sees spotlight turn on Rwanda’s cassiterite past

Tin’s comeback is being the spotlight returning once more on the cassiterite past of Central African country Rwanda. Cassiterite, the main ore from which tin is extracted, has historically been mined in many Rwandan districts. Tin traded at a...

Supply-constrained tin a compelling market story – Menell

With supply constrained and demand robust, tin is currently a compelling market story, says Tinco CEO Brian Menell. The unlisted Tinco has five producing mines in the Rutongo concession area of Rwanda, Central Africa. Its 5 000 Rwanda mine...

Frontier signs financing, offtake deal with Kores for SA rare earths mine

Frontier Rare Earths, developing the Zandkopsdrift rare earths project in South Africa, on Wednesday unveiled an agreement with Korea Resources Corp. (Kores) that would see the parastatal taking up to 20% ownership of the project, and a 10% stake...

Upside remains in rare earths sector - Ernst & Young

Demand for rare-earth elements, used in hybrid cars, consumer electronics and wind turbines, could leap by 60% by 2016, Ernst & Young said on Wednesday. Leader of the company’s mining practice in Quebec, Zahid Fazal, said that China, which...

Nuclear approval in hand, Great Western to accelerate SA rare-earths project

Rare-earths junior Great Western Minerals on Monday announced it has received a green light from South Africa’s National Nuclear Regulator for its Steenkampskraal project in the Western Cape, allowing the company to start refurbishing the mine...

Tasman to seek rare earth partners next year

Tasman Metals, which owns the Norra Kärr rare earth project in Sweden, plans on listing on the Amex in the next two or three months, and will start talking to potential partners to fund and build a processing plant at the project in mid-2012, CEO...

No end in sight to rare earth dearth

Rare earth element prices are likely going to continue heading upwards, and China, which produces about 95% of global supplies, might halt exports altogether, an industry association warned on Thursday. “The general consensus is that it...

Another lithium hopeful lists in Toronto

The TSX this week welcomed its 23rd lithium listing with the initial public offering of Lithium Americas Corp (LAC). The Argentina-focused company has Japan’s Mitsubishi Corp and Canadian automotive component-maker Magna International as...

Many new lithium entrants as electric cars, consumer goods drive demand

When the global recession spilled like hot coffee on the collective lap of consumers worldwide, sales of luxury goods spiralled downwards, dragging lithium demand with them. The lithium market is dominated by industrial applications such as...