Critical Metals

Mining Weekly reported that Molycorp reported a $50.1 million quarterly loss, blaming higher costs.
As quoted in the Mining Weekly report:

Mining Weekly reported that Molycorp reported a $50.1 million quarterly loss, blaming higher costs.

As quoted in the Mining Weekly report:

The US rare earth producer is nearing the end of a $1.25-billion modernisation project at its Mountain Pass mine in California, with commercial production expected at a new processing facility by mid-year.

MARKETS

Markets
TSX19625.72-67.20
TSXV653.22+7.18
DOW32754.81-43.59
S&P 5004136.60+17.97
NASD12486.45+117.48
ASX6993.00+47.80

COMMODITIES

Commodities
Gold1775.56+3.63
Silver20.20-0.13
Copper3.52-0.03
Palladium2104.50-92.50
Platinum913.00+3.00
Oil95.80+1.91
Heating Oil3.43-0.01
Natural Gas7.84-0.45

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