Almonty Industries Inc. Announces It Has Entered Into A Binding Agreement To Acquire The Wolfram Camp Tungsten And Molybdenum Mine From Deutsche Rohstoff Ag For Cad$18.0 Million

The purpose of the study was to gain a better understanding of the challenges and opportunities related to the development of rare earth elements (REE) in Canada and around the world.

Molybdenum prices kept falling on Friday June 27 as “panicking” traders liquidated stocks.

Gabonese State-owned mining company Société Equatoriale des Mines (SEM) and Dubai-based group Navodaya Trading DMCC (NTDMCC) have announced a joint-venture (JV) partnership to explore and develop the manganese deposit in Okondja, in eastern Gabon.

Low capacity utilization of two subsidiaries of State-owned IDCOL (Industrial Development Corporation of Odisha Limited) has resulted in production loss of `134 crore during 2008-2013.

Production from the first furnace at the Lion ferrochrome complex Phase 2 (Lion II) expansion project, in Limpopo, South Africa, which is owned by the Glencore-Merafe chrome joint venture (JV), started on April 6, 2014.

Tata Steel Ltd’s chromium mine in Odisha must remain shut till 10 July when a case filed by its competitor for redistribution of the mine comes up for its next hearing, according to an Odisha high court order reviewed by Mint.

TSX-V-listed project developer Avanti Mining said it had started construction of its C$812-million Kitsault molybdenum mine, a significant past-producing mine, located in northern British Columbia.