Quaterra Resources Inc. and the Board of Supervisors of Mohave County, Arizona, have filed a lawsuit in the U.S. District Court for the State of Arizona naming as defendants the Department of the Interior and the Bureau of Land Management over withdrawal of lands in northern Arizona for uranium mining, the company reported this morning....
Nevada Copper Corp. broke ground for its underground copper mine at Pumpkin Hollow Saturday, assisted by Gov. Brian Sandovol, who turned the first shovel of dirt, and other dignitaries. Others participating at the beginning of the $1 billion copper project were Joe Dini, former Speaker of the Nevada State Assembly and lifelong resident of Yerington,...
Rep. Mark Amodei of Nevada’s 2nd Congressional District has introduced “Yerington Land Conveyance and Sustainable Development Act” in the House to transfer lands now managed by the BLM to Nevada Copper Corp., the company reported this morning. Co-sponsors of the act are Rep. Shelley Berkley and Rep. Joe Heck. The bill would convey approximately...
In response to public input, the Forest Service has restructured public hearings on the draft environmental impact statement for the Rosemont copper/moly project 30 miles south of Tucson. From the entire length of the hearing, an information area will be staffed by resource specialists to answer questions about the findings documented in the DEIS. For those...
China’s renewed warnings last week of further rare-earth export reductions and stronger in-country production controls increases the urgency for the U.S. to ramp up its own rare earth production, Mark A. Smith, Molycorp Inc.’s president and CEO, told a U.S. House Foreign Affairs Subcommittee this morning. Ironically, this testimony came a day after Molycorp...
The United States needs to create a strategic metals reserve to protect its manufacturing capabilities and defense posture in case of an embargo — especially by China — says Michael Silver, president and chairman of the board of American Elements, a global manufacturer of engineered and advanced materials, including rare earth metals and chemicals. Silver said...
Looking through ownership percentages, one sees that the Democratic Republic of Congo, through state-owned Gécamines, owns 20% of the fabulous Tenke Fungurume copper/cobalt mine there. And that Mongolia walked away with 34% of the Oyu Tolgoi copper/gold mine. And that Chile raised the royalty on copper production to as much as 9% of revenues...
