source:Australian MiningBroken Hill Prospecting has completed the transfer of its interest in the Thackaringa cobalt project in New South Wales to its joint venture (JV) partner Cobalt Blue.Broken Hill will receive $6 million in cash, shares and deferred consolidation, while Cobalt Blue acquires a 30 per cent holding in Broken Hill.The company is now turning its attention to developing and commercialising the La Paz rare earths project in Arizona, United States of America.Broken Hill is changing its name to American Rare Earths to avoid confusion with Cobalt Blue’s Broken Hill interests and al...
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2020
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source:SMM - Shanghai Metals Market (press release)SHANGHAI, Jan 19 (SMM) – Rare earth prices in China little changed last week, as trades were muted and logistical services almost halted with a week to go before the Chinese New Year holiday.SMM assessed prices of praseodymium-neodymium oxide at 277,000-281,000 yuan/mt as of January 17 and those of neodymium oxide at 289,000-295,000 yuan/mt.Prices of praseodymium-neodymium metal stood at 355,000-361,000 yuan/mt, with those of neodymium metal at 365,000-370,000 yuan/mt.For medium-to-heavy rare earths, prices of dysprosium oxide were at 1.68-1.7...
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2020
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source:Yahoo Finance(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The phase one trade deal that lists the items China agreed to buy more from the U.S. includes rare earths that are already in short supply in the North American nation.Scandium, used in missile guidance systems and other defense applications, and yttrium that goes into targeting systems are among the critical minerals that the U.S. Commerce vowed to secure at the height of the trade war between Beijing and Washington. The two are included in the long list o...
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2020
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source:QS WOW News (press release)The economic potential of tailing dumps in Russia is immense. Some experts say there might be up to five thousand tons of pure gold buried inside those dumps. The world’s brightest scientists have been working on finding solutions that could improve profitability of tailing dumps development. Working in this direction has also become one of the priorities for the International Competence Centre for Mining-Engineering Education under the auspices of UNESCO. The Competence Centre based in St. Petersburg is involved, for example, in research focused on increasing...
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2020
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