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Appia Energy continues its project on rare earths in Saskatchewan
After the Saskatchewan government announced in September that it would build a $31 million domestic rare earth processing facility, Appia Energy released the results of its wholly owned Alces Lake REEs project in Saskatchewan. The 143 square kilometer property is...
Chinese economy needs to recover further
At the press conference on October 19, the spokesperson of the National Bureau of Statistics of the country, Liu Aihua, said that with the steady progress of China's national economic recovery in the last three quarters, particularly with a growth in gross domestic...
BHP sets aside the planned expansion of $2.5 billion
Mining giant BHP has shelved a planned $2.5 billion expansion of its copper, gold and uranium mine at Olympic Dam in South Australia after studies of the ore's body revealed weaker-than-expected results. While the mine produced more than 50,000 tons of copper in the...
Industrial metals rising
Copper towards the target at 7000$/ton, zinc reaches the target at 2550$/ton, nickel break up the highs at 15820$/ton and the exchange rate €/$ approaches area 1.1900. Only aluminum is missing, slightly behind the other metals. Next increases towards...