Endako mine, Canada

A molybdenum mine situated in Canada.

Macarthur Coal picks Cordilla project to develop

ASX-listed Macarthur Coal on Monday selected the Cordilla coal deposits as the fourth operation earmarked for development. The coal miner said that it had evaluated a number of development opportunities but settled on the Cordilla project, which...

Gibraltar copper/molybdenum mine expansion project, Canada

The project involves the expansion of the existing Gibraltar copper mine, located 65 km north of Williams Lake, in British Columbia.

Australia approves Japanese investment in rare-earths miner Lynas

The Foreign Investment Review Board has given the go-ahead for Japan’s Sojitz Corporation and the Japan Oil, Gas and Metals National Corporation (Jogmec) to invest in rare-earths miner Lynas. Lynas executed a binding financing, distribution and...

Lynas inks financing and distribution deal with Japan’s Sojitz

Rare-earths-miner Lynas has executed a binding financing, distribution and availability agreement with Japanese trading giant Sojitz Corporation. Under the agreement, Sojitz was allocated a minimum of 8 500 t/y of rare-earth products for the...

Taseko sells 25% of Gibraltar mine to Japanese consortium

Vancouver-based Taseko Mines has completed the sale of a 25% stake in its Gibraltar copper mine to a Japanese consortium for about C$187-million, the company said on Friday. The consortium comprises Sojitz Corporation, with 50%, Dowa Metals &...

Taseko could get Prosperity govt approval late Q3

Vancouver-based Taseko Mines could get federal government approval for its Prosperity gold/copper project, in British Columbia, near the end of the third quarter this year, executives said on Friday. By that point, Taseko expects to have secured...

Sojitz to buy 25% of Taseko's Gibraltar mine

Vancouver-based Taseko Mines plans to sell a 25% stake in its Gibraltar copper/molybdenum mine, in British Columbia, to Japan's Sojitz Corporation for about C$180-million, the firm announced on Monday. The companies have signed a letter of intent...

Thompson Creek posts Q2 loss, to restart mill expansion

Molybdenum producer Thompson Creek Metals posted a small loss for the second quarter, but said it expects demand and pricing for the metal to improve over the remainder of the year. Thompson Creek lost $0,4-million in the second quarter, compared...

Moly price well above $10/lb needed to fund new supply, producer argues

The molybdenum price will need to rise significantly from the current level around $10/lb, if the industry is to invest in new production that will be needed to meet future demand, Thompson Creek Metals CEO Kevin Loughrey said last week....

Moly price well above $10/lb needed to fund new supply – Thompson Creek CEO

The molybdenum price will need to rise significantly from the current level around $10/lb, if the industry is to invest in new production that will be needed to meet future demand, Thompson Creek Metals CEO Kevin Loughrey said on Wednesday....

Thompson Creek sees no let up in overall molybdenum demand

Molybdenum producer Thompson Creek Metals has not seen any weakening of demand for the metal and expects the market to remain strong going forward, chairperson and CEO Kevin Loughrey said on Friday. Although some customers, such as ones that...