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ResourceClips News

2.5 stars

130860 Reads | 22 Comments | 8 People call this a favourite

Original and independent market news on mineral exploration and mining.

  • Rare Earths Dependency Examined By CBS 60 Minutes

    19 Reads | 0 Comments | 1 day ago

    Americans discovered uses for rare earths but—in stark contrast to Chinese—only belatedly recognized their strategic value. That’s left the Western world with a supply conundrum affecting everything from high-tech gadgetry to military defence systems. CBS 60 Minutes examined how this situation came about and discussed its implications.   Although 60 Minutes paints...

  • Equitas Resources Completes State-of-the-Art VTEM Over Under-Explored Voisey's Bay-Region Project

    19 Reads | 0 Comments | 3 days ago

    Modern geophysics has come to a Voisey’s Bay-region property as Phase I VTEM exploration finishes on Equitas Resources’ [V.EQT] Garland project in Labrador. The company expects results from the magnetic and electromagnetic data in about four weeks. The 645-line-kilometre survey used industry-leading versatile time-domain electromagnetic technology exclusive to Geotech.   ...

  • South of Voisey's Bay: New Developments Put Equitas Resources In Search of Nearby Nickel Discovery

    23 Reads | 0 Comments | 6 days ago

    The greatest find of Canada’s first diamond rush failed to locate a single gemstone. Instead Robert Friedland’s Diamond Fields Resources stumbled onto nickel with cobalt and copper—much more prosaic stuff but in such magnificent quantities that, just three years after its 1993 discovery, Voisey’s Bay sold for $4.3 billion. Yet the Labrador region remains under...

  • Commerce Resources Sees Potential Cost Cuts For Its Rare Earths Metallurgy

    45 Reads | 0 Comments | 6 days ago

    Further metallurgical progress indicates potential cost reductions for Commerce Resources’ [V.CCE] Ashram rare earths deposit in northern Quebec. On March 24 the company announced bench scale testing had reduced consumption of three principal flotation reagents. Commerce describes the achievement as an additional development while working towards a mini-pilot plant demonstration of the...

  • The Stuff of Life: Little-Known But Essential Commodities Can Offer Near-Term Potential, Says MGX Minerals

    159 Reads | 0 Comments | 7 days ago

    Without them, modern life wouldn’t be very modern. A wide range of industrial minerals make possible so much of what we take for granted, from luxuries to conveniences to necessities. Although few of the commodities are familiar to investors, CEO Jared Lazerson of MGX Minerals [C.XMG] believes he’s found opportunities for potentially near-term domestic production to supply North...

  • Athabasca Basin & Beyond (to March 20) Part 2

    46 Reads | 0 Comments | 7 days ago

    FORSYS REACHES FEASIBILITY FOR NORASA PROJECT IN NAMIBIA   Forsys Metals [T.FSY] released feasibility details on March 18 for its Norasa property, consisting of the Namibplaas project and the fully permitted Valencia project. Located in west-central Namibia about 80 kilometres from the coastal town of Swakopmund, Norasa’s now forecast for improvements in tonnage, production...

  • Athabasca Basin & Beyond (to March 20) Part 1

    38 Reads | 0 Comments | 8 days ago

    STEP-OUTS RENEW FISSION'S INTEREST WEST OF PLS RESOURCE   The zone’s five previous holes found disappointingly low grades but Fission Uranium’s [T.FCU] most recent drilling brings new attention to R600W, 555 metres west of the Triple R deposit that surprised even some of the more optimistic Patterson Lake South-watchers. The most westerly of four PLS zones got five...

  • Diamonds Lift Northwest Territories Mining Revenue

    95 Reads | 0 Comments | 9 days ago

    Copper and tungsten value slipped but diamonds were enough to raise Northwest Territories’ mining revenues by 14% last year. Citing new federal government stats, the NWT and Nunavut Chamber of Mines put the territory’s 2014 mining production at $1.886 billion, a $227-million increase over the previous year. The rise came from $1.561 billion in diamond revenue, a 15% jump over...