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HomeRare Earth Minerals

Rare Earth Minerals

Finance

Gold price above $1,900 on prospects of slower Fed rate hikes

January 13, 2023 Mariel Alumit

​ Gold prices scaled over an eight-month peak on Friday, surpassing the key $1,900 level, as cooling US inflation raised hopes for slower interest rate hikes from the Federal Reserve. Spot gold rose 0.9% to […]

Commodities

Copper price down after rapid rally

January 13, 2023 Mariel Alumit

C​opper prices paused their rally on Friday but were set to end the week with a 6.6% gain on hopes that a weaker dollar and China’s dismantling of covid-19 restrictions will lift demand. China’s zero-covid […]

Brazil
Rare Earth Minerals

World to face potash price crunch as Brazil Potash propels Autazes project toward production

January 13, 2023 Mariel Alumit

High potash prices will likely persist as the world scrambles to bring more production online amidst concerns over food security, privately held developer Brazil Potash says. Protectionism from some countries has been a wakeup call to […]

Teck
ESG

Teck fined $1.6 million for acid spill into Columbia River at Trail smelter operations

January 12, 2023 Mariel Alumit

​ Vancouver-based Teck Resources was ordered January 10 to pay C$2.2 million ($1.65m)for an acid spill into the Columbia River at the company’s Trail smelter operations. A Rossland provincial court judge made the order after […]

volatile
Rare Earth Minerals

And the winner for most volatile commodity this decade goes to…lithium

January 12, 2023 Mariel Alumit

​ Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China, inflation plagued the developed world and the Ukraine war upended […]

Aljazeera International

Sweden discovers largest rare earth deposit in Europe

January 12, 2023 Mariel Alumit

NewsMining Sweden’s state-owned mining company says it has identified more than 1 million tonnes of rare earth minerals in the northern area of Kiruna. LKAB said on Thursday that the deposit, found next to its […]

Superdeep
Rare Earth Minerals

Superdeep diamond reveals new info on earth’s geological processes

January 12, 2023 Mariel Alumit

​ A recent paper published in the journal Nature points to a “superdeep” diamond recovered in Kankan, Guinea, as the messenger of new information on plate tectonics, the geological processes that give rise to mountains, […]

International News

Arkle Resources finds lithium in Ireland

January 12, 2023 Mariel Alumit

​ Diversified explorer Arkle Resources (AIM: ARK) said on Thursday it had found lithium bearing pegmatites at its Mine River Block gold project in Ireland. The company, until 2019 known as Connemara Mining, said that […]

Rare Earth Minerals

Nouveau Monde Graphite issues positive PEA for Uatnan project

January 11, 2023 Mariel Alumit

​ Nouveau Monde Graphite (NYSE: NMG; TSXV: NOU) in collaboration with Mason Graphite (TSXV: LLG) have released the results of a preliminary economic assessment (PEA) for a new project covering Mason Graphite’s Lac Guéret deposit, […]

Gold
Rare Earth Minerals

Gold price eases from 8-month peak as investors await inflation data

January 11, 2023 Mariel Alumit

​ Gold halted its latest rally on Wednesday as investors positioned themselves ahead of new US inflation data that could hint at the Federal Reserve’s policy path, with expectations mounting that slower rate hikes are […]

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