News
Friday, February 24, 2012
February 24, 2012 (Source: Marketwire)--Quest Rare Minerals Ltd. (TSX VENTURE:QRM)(NYSE Amex:QRM)is pleased to announce that it will be featured on CEO Clips which will be aired on Bloomberg Television beginning February 27th, 2012. The feature will also be available for viewing online via this link: www.b-tv.com/media/US_QuestRareMinerals15_2012.wmv or www.b-tv.com/media/mp4/US_QuestRareMinerals15_2012.mp4 About Quest Rare Minerals Quest Rare Minerals Ltd. is
Continue reading "Quest Rare Minerals to Be Featured on CEO Clips Airing on Bloomberg Television" »
February 24, 2o12 (Source: Arafura) -- The Directors of Arafura Resources Limited (‘Company’) are pleased to offershareholders the opportunity to participate in a Share Purchase Plan (‘Plan’). Under the Plan eligible shareholders will be given the opportunity to subscribe for up toA$15,000 of ordinary shares in the Company at a 10% discount to the five-day volumeweighted average
Continue reading "Offer of Shares under Share Purchase Plan" »
February 23, 2012 (Source: Businesswire) -- HIGHLIGHTS: Molycorp announced this week the successful launch of the sequential start-up of its new Project Phoenix rare earth manufacturing facility at Mountain Pass, which is ahead of schedule. The Company confirmed that Project Phoenix remains on its accelerated schedule, with a target of achieving a Phase 1 production run rate
Continue reading "Molycorp Reports Record Fiscal Year 2011 Results" »
Thursday, February 23, 2012
February 23, 2012 (Source: Marketwire) -- NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Focus Metals Inc. (Focus Metals or the Company) (TSX VENTURE:FMS) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and
February 23, 2012 (Source: Marketwire) --Critical Elements Corporation(TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) is pleased to cordially invite you to its annual and special meeting of shareholders. The meeting will be held March 9, 2012 at 1:00 p.m. at the Saint-James Club, 1145 Union Avenue, Montreal, Quebec, for the following purposes: To submit to the shareholders the Companys financial statements for
Continue reading "Critical Elements Corporation: Annual Meeting" »
February 23, 2012 (Source: Lynas) -- Lynas Corporation Limited (ASX:LYC, OTC:LYSDY) has recently been served with various documents relating to court proceedings against Malaysia’s Atomic Energy Licensing Board (AELB), the Malaysian Department of Environment (DOE) and Lynas Malaysia regarding the Lynas Advanced Materials Plant (LAMP). The applicants in the proceedings are a group of individuals who live
Wednesday, February 22, 2012
February 22, 2012 (Source: Arafura Resources) -- Summary Share Purchase Plan (SPP) announced at 10% discount to the 5 dayVWAP, capped at A$12 million; Proceeds to be used to fund ongoing work programs includingenvironmental studies, mine planning and process flow sheetrefinement; Major Shareholder ECE confirms support. The Company reaffirms forward work stream programs; Demonstration plant showcases Rare
February 22, 2012 (Source: Marketwire) --Critical Elements Corporation(TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) (Critical Elements) and Blue Note Mining Inc. (TSX VENTURE:BNT) (Blue Note) announce results from the updated Prefeasibility and Mineral Resource Estimate (the Prefeasibility Study) for their jointly owned Croinor gold project located near Val-dOr, Quebec. The Prefeasibility Study was completed by InnovExplo Inc. with the participation and contribution
Tuesday, February 21, 2012
February 21, 2012 (Source: CNW) -- NamibiaRare Earths Inc. (NamibiaRare Earths or the Company) (TSX: NRE) is pleased to report that it has completed the first 20 holes (2,061 meters) of a planned 6,000 meter resource drilling program on the Area 4 heavy rare earth enriched1target on the Lofdal Rare Earth Project in northwesternNamibia(Figure 1). A total
February 21, 2012 (Source: Metallica Minerals) -- Feasibility studies are set to be accelerated on a major new Australian tri-metal mining developmentfollowing completion of the exploration phase at Metallica Minerals Limited’s (ASX: “MLM”) NORNICOnickel-cobalt-scandium project in North Queensland. An updated scandium and nickel-cobalt resource announced today by Metallica for the Lucknowdeposit - a key deposit within the
February 21, 2012 (Source: Metallica Minerals) -- Metallica completes exploration phase on NORNICO project, with focus nowon permitting feasibility studies for the proposed development of theNorth Queensland project Major increase in the Lucknow projects Indicated Measured ScandiumResource to 7.5 Mt @ 156g/t Sc (previously 3.3 Mt @ 176 g/t Sc) using 70 g/t Sccut-off grade (COG) –
February 21, 2012 (Source: CNW) --Frontier Rare Earths Limited(TSX: FRO) (TSX: FRO.WT) (Frontier or the Company) is pleased to announce the results of a Preliminary Economic Assessment (PEA) prepared in accordance with National Instrument 43-101 (NI 43-101) on the Zandkopsdrift rare earth element (REE) project inSouth Africa(Zandkopsdrift or the Zandkopsdrift Project). The results of the PEA indicate
February 21, 2012 (Source: Businesswire) -- Molycorp, Inc. (NYSE: MCP) today announced that the sequential start-up of the new Project Phoenix rare earth manufacturing facility at its flagship Mountain Pass, California operation will begin this week and includes the following operations and plants: Active mining at a full mine production rate of approximately 2,800 short tons of
Saturday, February 18, 2012
February 17, 2012 (Source: Marketwire) --Quest Rare Minerals Ltd. (TSX VENTURE:QRM)(NYSE Amex:QRM)announces that its Board of Directors today granted stock options in respect of 300,000 common shares to ten of Quests directors and officers. The exercise price of the options is $2.95 per share, equal to the closing price of Quests common shares on the TSX Venture
Continue reading "Quest Rare Minerals Grants Stock Options" »
Friday, February 17, 2012
February 17, 2012 (Source: BusinessWire)--Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF)(‘Stans’ or ‘The Company’) is pleased to announce that it has retained the Russian Research Institute of Chemical Technology (VNIIHT), a division of ROSATOM, the State Atomic Energy Corporation of Russia, to be the lead engineering firm for the design build process at Kutessay II. Upon completion,
Continue reading "Stans Energy Appoints VNIIHT to Oversee Design Build Process at Kutesay II" »
February 17, 2012 (Source: Marketwire) -- Over the last month Rare Earth stocks have outperformed the broader market by a large margin as demand for the 17 elements continues to skyrocket. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) is up more than 9 percent since January 17, 2012, with North American and Australian rare earth stocks
Continue reading "Rare Earth Stocks Rally -- Lynas Corp and Great Western Minerals Leading Run " »
February 16, 2012 (Source: Hastings Rare Metals) -- Australian rare earths company Hastings Rare Metals Limited (ASX Code : HAS) is pleased to announce that it has completed tranche 1 of the capital raising announced on 8 February 2012. As part of tranche 1 the Company has issued 33,200,000 shares at 10 cents per share raising $3.32
Continue reading "Hastings’ Completes Tranche 1 of Capital Raising" »
Wednesday, February 15, 2012
February 15, 2012 (Source: Arafura Resources) -- The Chair of Arafura Resources Limited (ASX: ARU) (Arafura or the Company), Mr Ian Kowalick, today announced changes to the board and management of the Company. “Arafura has, in recent times, been confronted by a global financial market, stressed by the debt crisis in Europe, that is reluctant to invest.
Continue reading "Arafura Resources: Board And Management Changes" »
February 15, 2012 (Source: Peak Resources) -- Peak Resources Limited (Peak) is pleased to report that the final remaining assay results have now been receivedfrom the recently completed resource drilling program at the Ngualla Rare Earth Project in southern Tanzania. The complete data set has been passed to resource consultants Hellman and Schofield Pty Ltd, who have
Continue reading "Final Drill Results Received From the Ngualla Rare Earth Project." »
February 15, 2012 (Source: Marketwire) -- Midland Exploration Inc. (Midland) (TSX VENTURE:MD) is pleased to report that Agnico-Eagle Mines Limited(Agnico-Eagle)has resumed drilling on the Maritime-Cadillac property, to test the extensions at depth and to the southeast of the Dyke East gold structure, discovered at shallow depth in the north part of the property. The Maritime-Cadillac property is
February 15, 2012 (Source: Marketwire) --Quest Rare Minerals Ltd. (TSX VENTURE:QRM)(NYSE Amex:QRM) - Highlights: Pre-feasibility work at the B-Zone REE deposit, Strange Lake area, Québec is advancing well Detailed definition drilling of the B-Zone on a 50 m by 50 m grid was completed in November 2011 to the limits of the pit shell established for the
February 15, 2012 (Source: Marketwire) --Quest Rare Minerals Ltd. (TSX VENTURE:QRM)(NYSE Amex:QRM)will be hosting a conference call on Wednesday, February 15that 10:00 AM EST to discuss 2011 Strange Lake rare earth project milestones and a corporate update for 2012. Participants may join the call by dialing the following numbers: +1 (416) 340-2216or +1 (866) 266-1792. Instant replay
Tuesday, February 14, 2012
February 14th, 2012 (Source: MarketWire) -- QMC Quantum Minerals Corp. (QMC or the Company) is pleased to announce that further to its news release dated December 14, 2011 the TSX Venture Exchange (TSXV) has accepted for filing the Property Option Agreement (the Agreement) dated August 10, 2011 between the Company and 4920776 Manitoba Ltd. Pursuant to the
February 14, 2012 (Source: Marketwire) -- Geomega Resources Inc. (GéoMégA) (TSX VENTURE:GMA) announces Phase 2 drilling results on its Montviel Rare Earths/Niobium project located near Lebel-sur-Quévillon, Québec. Highlights include: MVL-11-32D: 2.08% total rare earth oxides (TREO) + 0.22% Niobium oxide (Nb2O5) over 245.9 m from 52.6 m; Including: - 3.28% TREO + 0.25% Nb2O5 over 31.5 m
Continue reading "GeoMegA Drills 46.5m of 3.09% TREO + 0.60% Nb2O5" »
February 14, 2012 (Source: Kimberly Rare Earths) -- Kimberley Rare Earths has announced an 18% increase in the contained total rare earth oxides to 85,000 tonnes for its Cummins Range project located in Western Australia. The increase is the result of the reverse circulation drilling program that was completed on the project in 2011.The Cummins Range rare
Continue reading "Kimberley Rare Earths Upgrades Resource Estimate at Cummins" »
February 14, 2012 (Source: Marketwire) -- Montero Mining and Exploration Ltd. (TSX VENTURE:MON) (Montero) announces that the presence of measurable amounts of strontium (Sr) have been identified in bastnaesite bearing carbonatite dikes as highlighted in the Twiga Zone at Wigu Hill. The strontium occurs as strontianite (SrCO3) which is associated with the rare earth and gangue minerals.
Monday, February 13, 2012
February 13, 2012 (Source: CNW) --Tasman Metals Ltd. (Tasman or the Company) (TSXV - TSM;Frankfurt- T61; NYSE AMEX - TAS).MrMark Saxon, President CEO, announces that the Company has made its Interim fillings for the quarter endedNovember 30, 2011, withUnited Statesand Canadian Regulators onFebruary 13, 2012. The Company has filed its Interim Report for the quarter endedNovember 30,
Continue reading "Tasman files financial results for the three months ended November 30, 2011" »
February 13, 2012 (Source: Marketwire) --Critical Elements Corporation(TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) (Critical Elements) is pleased to report results from the 2011 exploration program completed at the BC Rare Earths Elements Property group. The $650K exploration program included airborne radiometric and magnetic surveys at the Trident-Kin, Hiren and IRC properties, helicopter assisted stream-silt geochemical surveys at the Trident-Kin, Hiren and
February 13, 2012 (Source: CNW) --Search Minerals Inc. (Search or the Company) (TSXV: SMY)and its wholly-owned subsidiary, Alterra Resources Inc., have filed an independent NI 43-101 compliant Technical Report, including a Mineral Resource Estimate, on the 100% owned rare earth element (REE) Foxtrot Project near PortHope Simpson, Labrador,Canada. The Mineral Resource estimate is based on two phases
February 13, 2012 (Source: Businesswire) -- Molycorp, Inc. (NYSE:MCP) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2011, after the market closes on Thursday, February 23, 2012. Release of Molycorp’s financial results will be followed by an investor conference call at 4:30 p.m. Eastern. Mark Smith, President
February 13, 2012 (Source: Texas Rare Earth Resources Corp) -- Texas Rare Earth Resources Corp. (the Company) (OTCQX: TRER), a heavy rare earths exploration and development company, today announced that its common stock will transition from the OTCQB platform and will begin trading on the quality-controlled OTCQXŽ U.S. Premier trading platform effective Monday, February 13, 2012.The OTCQX
Friday, February 10, 2012
February 10, 2012 (Source: Arafura) -- Arafura Resources Limited (ASX:ARU) (Arafura or the Company) provides the followingupdate. As previously announced on 1 February 2012 the company has reduced the rate of workon its Nolans Project until additional funding is secured. The current work focus is oncritical work stream items. This is a prudent approach in challenging financial
Thursday, February 09, 2012
February 9, 2012 (Source: Marketwire) --Rare Element Resources Ltd. (TSX:RES)(NYSE Amex:REE)(the CompanyorRare Element)announced that its unaudited consolidated financial statements and Form 10-Q for the second quarter ended December 31, 2011 have been filed onwww.sedar.comandwww.sec.gov. All dollar amounts stated below are in United States dollars. Second Quarter Ended December 31, 2011 Financial Highlights: The net loss for the
February 9, 2012 (Source: Pr-Newswire) -- Former United States Securities and Exchange Commission attorneyWillie Briscoe, founder ofThe Briscoe Law Firm, PLLC, and the securities litigation firm ofPowers Taylor, LLPannounce that the firms are investigating legal claims against the officers and Board of Directors of Molycorp, Inc. (Molycorp or MCP) (NYSE:MCP) related to potential securities violations betweenMarch 9,
February 9, 2012 (Source: FSC) -- Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF)(‘Stans’ or ‘The Company’) is pleased to report that a new mineralized zone has been found within the historic open pit boundaries of its past producing rare earth mine Kutessay II. The new zone is open along strike and to depth. This new zone included
Continue reading "Stans Energy Discovers New Mineralized Zone at Kutessay II" »
February 9, 2012 (Source: CNW) --Tasman Metals Ltd. (Tasman or the Company) (TSXV - TSM;Frankfurt- T61; NYSE AMEX - TAS).MrMark Saxon, President CEO, is pleased to announce results from the significant progress made in development of a processing flow sheet for the Norra Karr heavy rare earth element (REE) and zirconium (Zr) project in southernSweden. Highlights include:
February 8, 2012 (Source: Hastings) -- Firm commitments received for placement to institutional and sophisticated investors to raise $5.3m $3m received from two Asian institutions Placement significantly oversubscribed Capital to be used to advance the Hastings Heavy Rare Earth Project Australian rare earths company Hastings Rare Metals Limited (ASX Code : HAS) is pleased to announce that
Wednesday, February 08, 2012
February 8, 2012 (Source: Businesswire) -- Holzer Holzer Fistel, LLC announces that it is investigating potential breaches of fiduciary duty by certain officers and directors of Molycorp Inc. (“Molycorp” or the “Company”) (NYSE: MCP). On February 3, 2012, a class action lawsuit was filed in the United States District Court for the District of Colorado alleging that
January 8, 2012 (Source: Marketwire) -- Rare Earth Metals Inc. (Rare Earth Metals, RAor the Company)(TSX VENTURE:RA)(OTCQX:RAREF)(PINKSHEETS:RAREF)is pleased to give an update on its Lavergne-Springer Project in northwestern Ontario, located 70 km east of Sudbury. Forage Perfection Inc. of Notre-Dame du Nord, QC was contracted to complete a minimum of 2500 meters of drilling which started in
Continue reading "Rare Earth Metals Provides Update on Drilling from Lavergne-Springer Project" »
February 8, 2012 (Source: Globe Metals Mining) -- Globe Metals Mining (“Globe” or “the Company”; ASX: GBE) is pleased to announce it has exercisedits option to proceed with the joint venture to acquire up to a 90% interest in five additional licencesaround the high-grade Memba Titanium – Iron Project in Nampula Province, Mozambique (see ASXrelease of 5
Continue reading "Memba Ti-Fe Project – Exercise of option on additional 5 licences" »
Tuesday, February 07, 2012
February 7, 2012 (Source: PR-Newswire) -- Force Energy Corp. (OTC.BB:FORC) (FRANKFURT: FC2) (hereafter Force, the Company), a junior Lithium and Rare Earth Metals mineral exploration company, has begun scouting drill locations on the Zoro 1 Property inSnow Lake, MB. Pursuant to drilling permit announced onMonday, February 6th, 2012, the geological team is reviewing the data available from
Continue reading "Force Energy to Delineate Drill Targets on Zoro 1 Property" »
February 2012 (Source: Marketwire) --Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) Corporate Holdings: 1 former producing mine: Steenkampskraal mine in South Africa. GWMG holds controlling interest in the mine through its 100% shareholding of Rare Earth Extraction Co. Limited (Rareco). 2 rare earth processing plants: Less Common Metals Limited (LCM) in Birkenhead,
Continue reading "Great Western Minerals Group Ltd.: Corporate Update- As at February 7, 2012" »
February 7, 2012 (Source: Marketwire) --IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF)(PINKSHEETS:IAALF) (IBC or the Company)is pleased to provide a progress report from its 2011 exploration program on the Companys Juab County, Utah properties. The program consisted of 35 reverse circulation 60 degree inclined holes on 100 metre spacing on the Companys 371 claims adjacent to Materions Spor
Continue reading "IBC Advanced Alloys Provides 2011 Utah Drill Program Update" »
Monday, February 06, 2012
February 6, 2012 (Source: Peak Resources) -- Peak Resources Limited (Peak) is pleased to report additional new assay results received from a further15 holes of the recently completed resource drilling program at the Ngualla Rare Earth Project in southernTanzania. New assays received from drill holes on the most northern drill traverse of the Southern Rare Earth Zone
Continue reading "New Drill Results From The Ngualla Rare Earth Project" »
February 6, 2012 (Source: Hastings) -- Hastings Rare Metals Limited (ASX Code: HAS) has commisioned RM Research Report on Hastings Report on Hasting Rare Metals Limited.The Report is available on the Companys website at:www.hastingsraremetals.com.au
February 6, 2012 (Source: Marketwire) --Rare Element Resources Ltd.(NYSE Amex:REE) (TSX:RES) (the Company) is pleased to announce that Mr. Randall J. Scott, President and CEO, and Mr. Paul H. Zink have been appointed to the Board of Directors by the Board of the Company as of February 3, 2012. Mr. Zink is a mining industry professional with
Saturday, February 04, 2012
SAN DIEGO, Feb 03, 2012 (BUSINESS WIRE) -- Robbins Geller Rudman Dowd LLP (Robbins Geller) ( http://www.rgrdlaw.com/cases/molycorp/ ) today announced that a class action has been commenced in the United States District Court for the District of Colorado on behalf of purchasers of Molycorp, Inc. (Molycorp) common stock during the period between March 9, 2011 and November
Friday, February 03, 2012
February 3, 2012 (Source: Tantalus Rare Earths) -- (Düsseldorf, 03. February 2012; Tantalus Rare Earths AG) David Rigoll, ManagingDirector of Tantalus Rare Earths AG, is pleased to announce the following updateon the progress at the companys TRE Rare Earths Project in Madagascar. 1. Background and PotentialTantalus Rare Earths AG holds Exploration Licences over 768 individualcontiguous blocks situated
Continue reading "Tantalus Rare Earths AG Ionic Clay Potential (with document)" »
February 2, 2012 (Source: Marketwire) -- Focus Metals Inc. (Focus or the Company) (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) is pleased to announce the appointment of Mr. Marc-André Bernier, M.Sc., P.Geo. to the Board of Directors of the Company effective immediately. I am delighted that Marc-André will be joining our leadership team at Focus, where I am confident he will make
Continue reading "Focus Metals Inc.: New Board of Director's Appointment" »
Thursday, February 02, 2012
February 2, 2012 (Source: Marketwire) --Dacha Strategic Metals Inc.(Dacha or the Company)(TSX VENTURE:DSM)(OTCQX:DCHAF)is pleased to announce the estimated market value of itsRare Earthmetals inventory. As of January 31, 2012, the estimated value of its metals inventory wasUS$100.3 million, a decrease ofUS$7.1 million, or6.6%, from the estimated value of US$107.4 million at December 31, 2011, as reported in
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