Rare Earth Miner Solo International begin prospecting in Quebec

Solo International an exploration and development mining company with a focus on deposits of rare earth metals and rare earth elements, has completed its initial survey which consisted of prospecting and locating historic apatite mine sites and sampling of the mine sites located.
 

London Commodity Markets News - Quest for Rare Earth Elements

Rare Earth Elements miner Quest Rare Minerals

Quest Rare Minerals is a well-funded Canadian-based mineral exploration and development company focused on the discovery and development of world-class Rare Earth Element (REE) deposits at its two prospective rare earth element properties located in Québec and Newfoundland, both some of the best mining jurisdictions in the world.

Oil Investment News - Large oil discovery in Ireland is good news for the North East

THE discovery of huge oil reserves in Ireland could bring a serious boost to the North East’s fast-growing oil services industry.

The region is looking for opportunities after Irish offshore exploration company Providence Resources this week announced estimates of up to 2.8 billion barrels of recoverable oil 30 miles off the Cork coast.

NOF Energy, the organisation representing more than 200 North East firms in the oil and gas sector shore renewables, believes the find will encourage significant investment in the area, which will require the support of established and robust supply chains.

Chief executive George Rafferty said: “The continued importance of oil and gas to the North East economy is undeniable and this significant discovery in Ireland demonstrates that this is an industry that is definitely of the here and now.

London Commodity Markets - India to sign rare earth metals pact with Japan

Manmohan Singh

(Times of India) NEW DELHI: Rare earth metals is the next big thing. Prime Minister Manmohan Singh is expected to sign an inter-governmental agreement with Japan if he travels to Tokyo in November. The umbrella pact is expected to start in earnest joint development of rare earths metals in India. Also as a strategic move, it brings Japan even closer to India, becoming what Singh calls a "transformational" relationship. Japan's internal politics and its election schedules, have, as a result, become a matter of deep interest in the Indian government. The only thing that could delay a PM trip is an election in Japan.But notwithstanding frequent political changes in Japan, Singh has insisted on meeting every Japanese leader because he believes the Japan relationship to be bigger than the current party in power.

London Commodity Markets: Jack Lifton on Western rare earth metal extraction

Jack Lifton

Got a rare earth metals deposit? Great. Got a mine? Even better. But do you have a processing plant? No? That could be a problem.
The market doesn't understand how complex and expensive solid-phase rare earth extraction can be, but Metals Consultant Jack Lifton is here to put it into layman's terms in this interview with The Critical Metals Report.
Jack Lifton discusses processing innovations from North America, Germany and India that are changing the cost picture. He even names some companies that could see huge changes in their bottom lines in the coming years.

Crude Oil Investment - Oil posts biggest gain in 2 months, tops $91

Tensions between Syria and Turkey gave oil prices their biggest jump in two months Thursday, while refinery outages boosted wholesale gasoline prices.

Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, on the New York Mercantile Exchange. The rise follows a decline of 4 percent on Wednesday.

Brazil starting to see the possibilities in the rare earth metals market

Brazil is aiming to take a larger slice of the rare earth metals markets of which almost 95% of is currently dominated by the Chinese, and as the export quotas newly imposed by China start to choke of supply and push up the prices for rare earth metals, specifically the group known as HREE (heavy rare earth elements) which are essential for the manufacture of a variety of high tech products from smart phones to high tech medical equipment, companies that manufacture these goods are looking to stabilise supply and so keep prices in control.

More Green Investment Necessary if America is to kick fossil fuel habit

America has a nasty addiction to fossil fuels. This addiction harms our health by spewing toxic chemicals into the air, and undercuts income mobility by disproportionately hurting poor communities and those who lack political power.

By exacerbating our trade deficit, American oil imports drag on domestic economic growth. Our dependence on fossil fuels also undermines our national security by sending hundreds of millions of dollars every day to undemocratic, sometimes hostile regimes.

Rare Earth Metals News - Malaysian court puts licence on hold for Lynas rare earth plant

A Malaysian high court put on hold until Oct. 4 a temporary operating licence granted to Lynas Corp Ltd's controversial rare earth plant near the eastern city of Kuantan, prompting an 8 percent fall in the Australian firm's shares on Tuesday.

London Commodity Market | Goldman looks to cash in on commodities

Goldman Sachs (GS 0.00%) analyst Jeffrey Currie issued an upbeat report on the global commodities market. The considerably positive outlook for commodity prices over the next 12 months will most likely result in the investment bank's increasing its focus on commodities trading soon.

Currie believes returns from commodities for the period will be more than 18%, and he expects almost half of the gain to be realized by the end of this year.

London Commodity Markets | Market Report: Investors quick to dig into gold miners

As the blue-chip index headed down, investors rushed to gold miners' shares. On the final trading day of the quarter, Mexican gold and silver miner Fresnillo glistened at the top of the leaderboard, up 75p to 1,852p, followed by Russia's Polymetal International, up 25p to 1,085.5p, while Mali-focused Randgold Resources jumped 140p to 7,615p.

London Commodity Markets | Oil futures hold to gains, off session highs

SAN FRANCISCO — Crude-oil futures held on to their advance Monday, with support from U.S. manufacturing data that showed a surprising expansion in September.

 

Prices ended off session highs, however, and were easily outpaced by natural-gas futures, which ended nearly 5% higher on expectations of colder weather ahead. Natural gas settled at its highest since early December.

London Commodity Markets | Gold and Silver Prices Outlook for October 2012

Precious metals prices resumed their upward trend mainly during the first couple of weeks of the September in anticipation of many bullion traders for another intervention of the FOMC. This bet paid off because on September 13th the FOMC announced it will commence QE3 with no time limit.

London Commodity Markets | Analysts remain bullish on gold, bearish on bonds

In April 2011, in our first column, we addressed whether it was still a good idea to invest in gold - trading at about $1,400 an ounce, at the time. The bullion price today is roughly $1,775 per ounce.

There are many currents influencing the price of this precious metal, so it's helpful to check in with a market technician or analyst who follows trading patterns and momentum of a security's price, to find out whether gold's rally still has legs.

London Commodity Markets | Corn Soars As USDA Reports Crop Devastation

U.S. corn and wheat stockpiles shrank far more this summer than grain markets thought, the government reported Friday, and corn prices soared on prospects that heavy demand and drought-decimated crops will keep markets tight.