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Posts from January 2012
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Tuesday, January 31, 2012
January 31, 2012 (Source: New York Times) -- The world’s largest refinery forrare earthmetals has risen out of the red mud of a coastal swamp here and could soon obtain permission to operate — a step that would help breakChina’s near monopoly on rare earths but also worsen an emerging glut of some of these strategic minerals.
Continue reading "Rare Earth Metal Refinery Nears Approval" »
January 31, 2012 (Source: Marketwire) -- Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3)(www.QuantumRareEarth.com) CEO Peter Dickie said the company is extremely pleased that the U.S. Geological Survey (USGS) has included Quantums Elk Creek, Nebraska rare earth elements (REE) site in a federally funded research project on mineral resources that are important to the economy, national security, and
Continue reading "Quantum Looks Forward to Results of USGS-Funded Study on Nebraska Rare Earths" »
January 31, 2012 (Source: Marketwire) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Pacific Wildcat Resources Corp.(TSX VENTURE:PAW) (PAW or the Company) wishes to announce the closing of the non-brokered private placement (the Financing) as previously announced in the Press Releases dated 14thDecember 2011 and January 19th, 2012. The
January 31, 2012 (Source: Marketwire) --Critical Elements Corporation(TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) is pleased to announce that they have hired AMBUCK associates for mine design and lead for the feasibility study. The mining study, part of the feasibility study will include the following items: Review block model and import into optimization software. Also import model into underground mine design software.
The full interview can be seen here
January 31, 2012 (Source: Marketwire) -- Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to announce that its wholly owned subsidiary, Less Common Metals (LCM), has successfully carried out the first full-scale melt with LCMs newly acquired furnace. The first pour was undertaken on Friday, January 27, 2012 at LCMs new
January 31, 2012 (Source: Lynas) -- HIGHLIGHTS The Lynas Advanced Materials Plant (LAMP) construction project in Malaysia achieved6,660,000 hours Lost Time Injury (LTI) free as at the end of 2011. Subsequent to the endof the reporting period, the project has now reached more than 7,000,000 hours LTI free. The Mount Weld Concentration Plant in Western Australia continues
Continue reading "Lynas Corporation: Quarterly Report For The Period Ending 31 December 2011" »
January 31, 2012 (Source: Metallica Minerals) -- has released their Quarterly Report. Click here to see the release.
January 31, 2012 (Source: Arafura) -- Highlights Exploration drilling delivers new rare earths discoveryadjacent to Nolans Bore; Resource development drilling as part of the major drillingprogram confirms deep extensions to rare earthsmineralisation at Nolans Bore; Demonstration Program advanced with the primaryobjective to confirm Arafura’s Rare Earth production flowsheet at a larger scale to reduce Nolans Project scale
Continue reading "Arafura Resources: Quarterly Activities Report and Appendix 5B" »
Yesterday’s World Trade Organization (WTO) ruling – holding that a range of China’s raw materials export policies violate its international trade obligations – has roiled the rare metals world and the rare earths sector in particular. While the WTO case, brought by the U.S., European Union and Mexico in mid-2009, involved nine industrial metals (bauxite, zinc, yellow
January 31, 2012 (Source: Northern Minerals) -- Highlights: Option agreement entered into with Mineore Pty Ltd to divest all tenements contained within the Epenarra and Amadeus Projects. Transaction with Mineore Pty Ltd includes the following: $20,000 payable on signing of option agreement Transfer of EL’s to Mineore upon completion of due diligence and transfer of licenses by
January 30, 2012 (Source: Northern Minerals) -- Northern Minerals has put outs its Investors Presentation - January 2012. Click here to see the release.
Continue reading "Northern Minerals: Investors Presentation - January 2012" »
January 31, 2012 (Source: Marketwire) -- Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) (Pele or the Company) today provided an update on its Eco Ridge Mine Rare Earths and Uranium Project (Eco Ridge or the Project) in Elliot Lake, Ontario. Pele reports significant progress toward the completion of its updated Preliminary Economic Assessment (PEA), which will feature an
January 30, 2012 (Source: Hastings) --The Quarterly Activities report lodged on 23 January 2012 made two refernces to a JORC-compliant indicated and inferred resource of 36Mt. The resource table below provides a breakdown between indicated and inferred in compliance with paragraph 25 of the JORD Code: Click here to see the full release.
Continue reading "Clarification to December 2011 Quarterly Activities Report" »
January 31, 2012 (Source: ABC) -- RareEarthIndustry A company drilling for rare earths in north east Western Australia says the industry is rapidly developing. Kimberley Rare Earths has a project in the Cummins Range, and plans to be a niche supplier of two light rare earths, cerium and lanthanum. Both are used in glass polishing and high
January 31, 2012 (Source: Marketwire) -- Dacha Strategic Metals Inc. (TSX VENTURE:DSM)(OTCQX:DCHAF) (Dacha or the Company) is pleased to announce the appointment of General (Retd) Jay Garner to its board of directors. Mr. Stan Bharti, Chairman of Dacha, commented, We are delighted to have General Garner join Dachas board, as his leadership and distinguished experience will be
Continue reading "Dacha Appoints General Jay Garner to Board" »
January 30, 2012 (Source: The China Perspective) --Baotou Rare Earth Forecasts 2011 Profit to Surge 330%Inner Mongolia Baotou Steel Rare Earth Group Co (SHA: 600111), Chinas largest rare earth producer, said it expected its net profit to surge 330% in 2011, up from ¥751 million in 2010, due to policies that curbed output and drove up prices.
Continue reading "China Corporate News: Baotou Rare Earth Forecasts 2011 Profit to Surge 330%" »
Philips’ SpeedStar luminaire, incorporating LEDGINE Greenline, was the perfect fit for this project, combining an innovative carbon neutral design with a long lifetime of 60,000 hours; signaling an end to the hassle and cost of regular maintenance. More specifically, this solution offers savings of up to £10,000 through reduced maintenance alone. SpeedStar also incorporates the easy-to-upgrade LEDGINE
Monday, January 30, 2012
The breaking news today is that the appeals panel of the World Trade Organization (WTO) has ruled that that China must dismantle its framework of export taxes and quotas for nine extensively used industrial materials. This could ultimately set a precedent for the West to challenge China’s restrictive export policies on other natural resources -- namely rare
Just be careful what you wish for. There may well be joy unconfined at the ruling by the World Trade Organisation that China must dismantle its system of export taxes and quotas for nine industrial metals - rare earths are not included in the ruling, but the implications are there for all to see. The metals that
Continue reading "A potential sting for REE in the WTO tail" »
Pele Mountain has the opportunity to produce rare earth elements at the only mining camp in Canada that has produced REE’s before, potentially changing the community enormously. Their mine is in the works at Eco Ridge near Elliot Lake, ON. If they can produce soon, it would greatly alter the town. Elliot Lake was invented when uranium
Continue reading "Rare Earth Opportunities Potential to Build Communities." »
The Technology Metals Summit (Itinerary: Download TMS-Agenda-Jan 27VFinalV3) is only 2 days away and counting...the WTO story is just out in the NY Times and emails are flooding in with interest. I am trying to edit a piece for the kick off Wednesday AM before Constantine Karayannopoulos, CEO, President and Director, Neo Material Technologies Inc. hits the
Continue reading "Technology Metals Summit Countdown Inspires Clarity." »
January 30, 2012 (Source: The Newswire) -- Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V:CAY), is pleased to announce that the audited financial statements for the fiscal year ended September, 2011 and the associated Management Discussion and Analysis have been filed on SEDAR. Highlights include: As at September, 2011: -Cash $ 956,292 -Current
Continue reading "Cache Update With Highlights of Annual Filings" »
January 30, 2012 (Source: New York Times) -- The appeals panel of theWorld Trade Organizationruled Monday thatChinamust dismantle its system of export taxes and quotas for nine widely used industrial materials. The legal setback for Beijing could set a precedent for the West to challenge China’s export restrictions on other natural resources, includingrare earthmetals that are crucial
Continue reading "W.T.O. Orders China to Stop Export Taxes on Minerals" »
January 30, 2012 (Source: Globe Metals Mining) -- Globe Metals Mining (“Globe” or “the Company”; ASX: GBE) is pleased to confirm southern strikeextensions and further infill results from its 2011 fluorite focussed drilling program at the Mount MuambeProject in Mozambique. Further analysis of historical and recent drillholes returned REE mineralisationbeneath the Main Fluorite Zone, southern extension and
Continue reading "Drilling extends fluorite zone at Mt Muambe, Mozambique" »
January 30, 2012 (Source: Japan Times) -- A Japan-China friendship group in Okinawa Prefecture has agreed to cooperate on procuring rare earth metals with a local goodwill group in Chinas Inner Mongolia Autonomous Region, sources familiar with the matter said Sunday. The region is a major production base for rare earth minerals, which are crucial to making
Continue reading "Okinawan, Mongolian groups ink deal on rare earths" »
January 30, 2012 (Source: Reuters) -- Malaysias political opposition has vowed to scrap a controversial $200 million rare-earths processing plant being built by Australias Lynas Corp if it wins national elections expected to be called within months. The plant, in Malaysias east, aims to weaken Chinas monopoly on the global supply of the metals, which are used
Continue reading "Malaysian opposition says would scrap rare earths plant" »
January 30, 2012 (Source: Fox News) -- A world in need of faster computers, smarter phones and more energy-efficientlightbulbsthreatens to strain the small supply of rare metals used by the global electronics industry. But limits on the production of such rare metals mean the supply cant easily expand to meet the demand for innovation in bothconsumer electronicsand
Continue reading "Rare Metals Shortage Could Threaten High-Tech Innovation" »
January 30, 2012 (Source: Marketwire) --Matamec Explorations Inc. (TSX VENTURE:MAT)(OTCQX:MHREF) Kipawa PEA Highlights Very strong project economics: $606 million before-tax value (NPV8%); 36.9% before-tax Internal Rate of Return (IRR); $2.8 Billion revenue; $1.67 Billion Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA); A before-tax payback period in 2.4 years; CAPEX: $315.8 million (including contingency of $63.2 million
Continue reading "Matamec PEA Study Shows Robust Economics for the Kipawa HREE Project" »
January 30, 2012 (Source: Marketwire) -- Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to announce that it has completed the first phase of the exploration program at the Companys Steenkampskraal rare earth property in South Africa. These investigations have two primary goals; firstly, to provide information in support of a
Back on January 16th, Nanomarkets.net released their very detailed update on the latest research into improvements in the anodes and cathodes of Lithium batteries. At $2,495 a copy for up to 5 readers, my Scots rational instinct kicked in, and I declined buying a copy, following the update as best I could via the mainstream media. But
Friday, January 27, 2012
I just received the best email of the day with the title: Next Week in Balmy Toronto Written by the astoundingly clever and astute Byron King, Editor, Outstanding Investments and Energy Scarcity Investor for Agora Financial; he will be a guest on the Inside and Outside China, How will the Rare Earth Market Look in 2012? panel
Continue reading "The "King" Heads North for the Technology Metals Summit" »
January 27, 2012 (Source: Marketwire) -- (TSX VENTURE:MAT)(OTCQX:MHREF) - Matamec will be hosting a conference call and webcast to discuss the PEA highlights concerning its Kipawa HREE deposit on Monday, January 30, 2012 beginning at 11:00 AM EST. Participants may join the call by dialing toll free 1-800-954-0629 or 1-416-981-9000 for local calls or calls from outside
Quest Rare Minerals of Montreal reported their most recent drilling results on Marketwire Jan 12th 2012, satisfying their estimates of viable deposits at Strange Lake B-Zone in Northern Quebec. The Preliminary Economic Assessment report delivered in 2010 and the Revised Resource Estimate in April 2011 were validated by their summer drilling. Peter Cashin, Quests President CEO said
Continue reading "Coming Scarcity of HREE’s in Modern Apps Looks Good for Canadian Companies" »
January 27, 2012 (Source: The Guardian) -- Shortages of a handful of rare minerals could slow the future growth of the burgeoning renewableenergyindustries, and affect countries chances of limiting greenhouse gas emissions, business leaders were told at the World Economic Forum in Davos this week. Last year, prices of many scarce minerals exploded, rising as much as
Continue reading "Rare minerals dearth threatens global renewables industry" »
January 27, 2012 (Source: PR-Newswire) --Medallion Resources Ltd(TSX-V: MDL) (OTCQX: MLLOF) – (Medallion or the Company) announces that it has received from SENES Consultants Limited, an internationally-recognized energy, nuclear and environmental consultancy, a report on the Companys proposed large-scale monazite rare-earth extraction facility.The report concludes that such a plant can be operated safely and effectively, while complying
Continue reading "Report Confirms Medallion's Proposed Large-Scale Monazite-Processing Strategy" »
January 27, 2012 (Source: PR-Newswire) --Commerce Resources Corp.(TSXv: CCE), (FSE: D7H), (OTCQX: CMRZF) (the Company or Commerce) is pleased to report the results for four drill holes completed during the summer/fall exploration program at the Ashram Rare Earth Element (REE) Deposit, at the Eldor Project in northernQuebec. As drilling progresses north, significant REE mineralization continues to be
January 25, 2012 (Source: Lynas) -- Lynas Corporation Limited (ASX: LYC) will hold a conference call to discuss the Quarterly Report forthe period ending 31 December 2011 that is due to be lodged with the ASX by 31 January 2012.There will be a QA session at the end of the call. Details of the call are noted
Continue reading "Lynas Quarterly Report Investor Relations Call" »
Apart for being the monopoly supplier of rare earths and metals to the global economy, China is now the marginal economy that keeps the western economies healthy or sick. Yes I know that Europe seemingly has a death wish all of its own making, and its politicians are dithering dolts incapable of facing up to the reality
Thursday, January 26, 2012
China’s rare earth sector continues to be in flux, with what consequences we cannot yet determine. We have, on the one hand, the official industry policy and the aspirations of various players while, on the other there’s the small matter of the faltering global economy that could have severe impact on metals demand. First, the latest developments.
“Rare earths are the economic and technologic foundation of a safe and secure Nation. To possess them imparts independence, immunity to coercion, and the tools to invoke scientific advancement.” -- James B. Hedrick Toronto, ON – January 26, 2012 -- Rare Earth Element World (“REE World”), in conjunction with Pro-Edge Inc. and Market Edge Media is pleased
January 26, 2012 (Source: Businesswire) -- At a hearing today before theU.S.-China Economic and Security Review Commission, Jeff Green testified that the U.S. has lost critical supply chain capabilities and significant technological capital to China and that the lack of a deliberately thought-out U.S. policy for strategic and critical materials has resulted in economic and national security
Continue reading "Jeff Green Testifies on US Inactivity regarding Strategic Materials" »
I worked till midnight, back and forth with Dudley Kingsnorth on his participation in the upcoming Technology Metals Summit in less than 1 week and counting. Dudley has been an immense supporter of mine, so I was really appreciative of the fact that he is planning on...are you ready for this...launching his 2016 and 2020 rare earths
January 26, 2012 (Source: Globe Newswire) -- U.S. Rare Earth Minerals, Inc. (OTCBB:USMN) announced today that it has posted a Shareholder Newsletter highlighting the last six months of operations for calendar year 2012 on its website atwww.us-rem.com. Shareholders and the public are invited to visit the website and go to the INVESTORS tab, go to News and
Continue reading "U.S. Rare Earth Minerals, Inc. Announces Shareholder Newsletter" »
January 26, 2012 (Source: Marketwire) -- Montero Mining and Exploration Ltd. (TSX VENTURE:MON) (Montero) has received results of the remaining infill diamond drill holes completed on the Twiga Zone on the far eastern edge of the Wigu Hill Rare Earth Project in Tanzania. The Twiga Zone makes up a portion of the existing NI 43-101 3.3Mt Inferred
January 26, 2012 (Source: TheNewswire) -- Medallion Resources Ltd (TSX-V: MDL; OTCQX: MLLOF - Medallion or the Company) announces that it has received from SENES Consultants Limited, an internationally-recognized energy, nuclear and environmental consultancy, a report on the Companys proposed large-scale monazite rare-earth extraction facility. The report concludes that such a plant can be operated safely and
Continue reading "Report Confirms Medallion's Proposed Large-Scale Monazite-Processing Strategy" »
Wednesday, January 25, 2012
January 25, 2012 (Source: FSC) -- Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF)(‘Stans’ or ‘The Company’) is pleased to announce the hiring of David Newton as its new Vice President of Mining Operations. Mr. Newton MSc. Is a graduate of the Camborne School of Metaliferrous Mining as well as a graduate Witwatersrand University. During his forty year
Continue reading "Stans Energy Hires Vice President of Mining Operations" »
January 25, 2012 (Source: Globe Metals Mining) -- Globe Metals Mining Limited (“Globe” or “the Company”; ASX: GBE) is pleased to advise that,subject to obtaining various regulatory approvals, it will undertake an on-market buy back of up toapproximately 5% of its issued capital, at a price of no more than $0.23 per share. Highlights On-market buy back
Continue reading "Globe Metals & Mining: Globe to undertake share buy back" »
January 24, 2012 (Source: USGS.gov) -- New research on mineral resources important to our economy, national security, and land-use decisions has been funded by more than $260,000 in grants from the U.S. Geological Survey. Recipients of the 2012 USGS Mineral Resources External Research Program (MRERP) grants will study rare earth elements (REE), niobium, and tellurium. The principal
Continue reading "Technical Announcement: USGS Announces Mineral Research Grants for 2012" »
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