Molycorp results better than expected for first quarter
US-based Molycorp Inc. (NYSE: MCP) announced its first quarter results Thursday after the market closed. The rare earth miner reported revenues of $14
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- Focus News
- Iron ore price back above $130 as Chinese steel output hits all-time high
- Copper price races ahead despite doubts over Chinese trade data
- Chinese housewives pick up 300 tonnes of gold in two weeks
- China forms major rare earth group in Ganzhou
- $45bn and counting: China's foreign mining misadventures
- Retail diamond market strong worldwide
- Industry Views
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Australia aims to be largest LNG exporter in 5 years
Australia predicts it will be the biggest exporter of liquefied natural gas (LNG) in the world within five years, the country's federal resources mini
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Gold drops below $1,400 an ounce
A sharp drop in gold hit miners and the Canadian markets, while the US markets shrugged off weak manufacturing data. Spot gold dropped 1.98% to $1,398
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China's Shenhua fails basic environmental exam in Australia
Shenhua's proposed coalmine in New South Wales lacks sufficient data for project approval and could poison two thirds of the Murray-Darling river basi
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Miners rally after finally catching up with good news from China
A surge in base metals prices on Friday on the back ofgood economic news in the US, monetary stimulus in the EU and better prospects for a pick-up in
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