In the future rare earth minerals needed by many advanced technologies may literally have to come from the moon. Rare Earth Elements of REEs are quite uncommon and the supply on earth is likely to be insufficient for the demand that it generates.
By Dr. Cameron Chai
5 Oct 2010
The 33 trapped miners in Chile will be rescued before October 15 as per the president Sebastian Pinera. He hoped to be present to see the rescue before he left for a trip to Europe later this month. He is scheduled to be in Europe between October 15 and 22.
By Joel Scanlon
5 Oct 2010
West African focused iron ore company Sphere Minerals Ltd. (ASX:SPH) has confirmed that it has not received any rival bid to the one made by Xstrata to its shareholders.
By Joel Scanlon
5 Oct 2010
Talisman Mining (ASX:TLM) is selling two of its iron ore projects to a fellow Perth based company E-Com Multi Limited. The two iron ore projects are at Wonmunna and Uaroo.
Fortescue Metals Group (ASX:FMG) hit an all time high in iron ore exports last month loading more ships than it has ever done in the last two and half years of production.
Caldera Resources Inc. (TSX.V: CDR) is pleased to announce that it is proceeding with a non-brokered private placement financing to raise gross proceeds of $2,000,000 (the "Private Placement").
Niblack Mineral Development Inc. (TSX VENTURE:NIB) and joint venture partner Heatherdale Resources are pleased to announce assay results from 10 additional holes completed at the Niblack volcanogenic massive sulphide (VMS) project in southeast Alaska.
In a historical step the Pennsylvania House approved a bill for a first ever tax on natural gas extraction.
By Dr. Cameron Chai
4 Oct 2010
An Indian company is bidding for the $2 billion privatisation of the Port of Brisbane along with two other groups led by Morgan Staley Infrastructure Fund and Global Infrastructure partners respectively.
By Dr. Cameron Chai
4 Oct 2010
The Australian Environment Minister Tony Burke has delayed the decision on the coal seam gas projects in Queensland State to October 22, 2010.
Thunder Mountain Gold, Inc. (OTC Bulletin Board: THMG; TSX-V: THM), a US-based exploration company focused on discovering and defining high grade, high quality precious and base metal resources has announced that the initial drilling program has begun on its 100 percent owned South Mountain Project located in Owyhee County, Idaho.
Paladin Energy (ASX:PDN)(TSX:PDN) has announced a doubling of its uranium reserves to 134 million pounds at its Langer Heinrich mine in Namibia.
BHP Billiton's hostile takeover bid for Potash Corporation of Saskatchewan has run into its first major hurdle. The $38.6 billion deal is the focus of a key report that the Canadian government is to receive this week.
Affinity Gold Corp. (AFYG.pk) has released a corporate update regarding the Company's progress over the previous 45 days as well as a look ahead to the coming months.
TAG Oil Ltd. (TSX-V: TAO) reports a new oil discovery in New Zealand's Taranaki Basin with the Sidewinder-1 exploration well, located within TAG's 100%-controlled, 7,910 acre, Broadside exploration permit PEP 38748.