Great Western Minerals Group Ltd.

Thursday, May 10, 2012

Great Western Minerals Group Satisfies Escrow Conditions for Release of Offering Funds

May 10, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company), (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to report that it has satisfied the escrow release condition of the convertible bond financing (the Offering) (See GWMG April 5, 2012 media release: GWMG Announces Closing of US$90 Million Convertible Bond Financing). The remaining funds, net of US$10.8 million that will remain in escrow to satisfy interest payments, will be released immediately to…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Satisfies Escrow Conditions for Release of Offering Funds” »

Tuesday, May 01, 2012

Great Western Minerals’ Share Price Rising to Analysts’ Estimates.

May 1, 2012 — Tracy Weslosky, CEO of Pro-Edge Consultants Inc. (www.pro-edge.com) interviews Jim Engdahl, President, CEO Director of Great Western Minerals Group (TSXV: GWG) (www.gwmg.ca) about their strategy and vision of becoming one of the first producers of rare earth elements (REEs) outside of China. An interesting feature of Great Western Minerals is that through their Less Common Metals downstream business they are a global supplier of magnet alloys. Jim also highlights Great…

Posted by Gregory Beard. Continue reading “Great Western Minerals’ Share Price Rising to Analysts’ Estimates. ” »

Great Western Minerals Group Releases Annual 2011 Financial Results

May 1, 2012 (Source: MarketWire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) today announced its financial results for the year ended December 31, 2011. GWMG now reports its results under International Financial Reporting Standards. For the three months and the year ended December 31, 2011, GWMGs financial summary and highlights are as follows: Three months ended December 31/11 Three months ended December 31/10 Year ended December/11 Year ended…

Posted by Gregory Beard. Continue reading “Great Western Minerals Group Releases Annual 2011 Financial Results” »

Thursday, April 19, 2012

Great Western Minerals Group Grants Options

April 19, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) reports that, subject to regulatory approval, it has granted, as at April 17, 2012, to officers, directors and consultants an aggregate of 4,500,000 options to acquire common shares of the Company. The options are exercisable into common shares of Great Western Minerals Group Ltd. at a price of $0.63 per share for a period of five years…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Grants Options” »

Wednesday, April 11, 2012

Great Western Minerals Group Corporate Update

April 11, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (TSX VENTURE:GWG)(OTCQX:GWMGF) Great Western Minerals Group Ltd. (GWMG or the Company) Corporate Holdings: 1 former producing mine: Steenkampskraal mine in South Africa under active development. 1 rare earth mixed chloride production plant at Steenkampskraal: Under development. 1 rare earth solvent extraction separation plant near Steenkampskraal: Under development. 2 rare earth processing plants: Less Common Metals Limited (LCM) in Birkenhead, U.K. and Great Western…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Corporate Update” »

Tuesday, April 10, 2012

Great Western Minerals Group Reports Initial Steenkampskraal Rare Earth Assays

April 10, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) today announced assay results for the first batch of samples taken at the Companys Steenkampskraal rare earth operation in South Africa for confirmation of historic work and for metallurgical purposes. 198 of 841 samples submitted to SGS Canada Inc., including QA/QC blanks, duplicates and standards, are reported at this time. Assay highlights include: Underground Channel Sampling:…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Reports Initial Steenkampskraal Rare Earth Assays” »

Thursday, April 05, 2012

Great Western Minerals Group Announces Closing of US$90 Million Convertible Bond Financing

April 5, 2012 (Source: Marketwire) — NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) today announced the closing of its previously announced offering (the Offering)of US$80 million of secured convertible bonds (the Bonds). In addition, GMP Securities L.P. and ISM Capital LLP, as co-lead agents, together with Byron Capital Markets Ltd. (collectively the Agents), exercised an…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Closing of US$90 Million Convertible Bond Financing” »

Monday, April 02, 2012

Great Western Minerals Group Schedules CEO Conference Call

April 2, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) today announced that it has scheduled a CEO Conference Call for 10:00 a.m. ET on Wednesday April 11, 2012. The conference call will cover GWMGs initiatives across the Company. To participate in the call: – 888-231-8191 (North America toll free)- 647-427-7450 (Local Toronto)- 0-800-051-7107 (for United Kingdom)- 0-800-835-354 (for Switzerland)- Passcode ID: 62965995 Participants are asked…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Schedules CEO Conference Call” »

Monday, March 26, 2012

Great Western Minerals Group’s LCM Places Order for Second Rare Earth Strip Cast Furnace

March 26, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) today announced that its wholly owned subsidiary, Less Common Metals Limited (LCM) located in Birkenhead, United Kingdom, has signed the contract for the purchase of a second rare earth strip cast furnace. The new strip cast furnace features similar design and output capacity as the first strip cast furnace unit purchased by LCM in 2011 and…

Posted by Asher Berube. Continue reading “Great Western Minerals Group’s LCM Places Order for Second Rare Earth Strip Cast Furnace” »

Friday, March 16, 2012

Great Western Minerals Group Announces Pricing of US$80 Million Convertible Bond Financing

March 16, 2012 (Source: Marketwire) — NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF), today announced that GMP Securities L.P. and ISM Capital LLP, as co-lead agents, along with Byron Capital Markets Ltd. (collectively, the Agents) have priced the offering (Offering) of secured convertible bonds (the Bonds), as announced on March 14, 2012, in the amount of…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Pricing of US$80 Million Convertible Bond Financing” »

Thursday, March 15, 2012

Great Western Minerals Group Announces Proposed Secured Convertible Bond Financing

March 15, 2012 (Source: Great Western Minerals Group) — NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICESOR DISSEMINATION IN THE UNITED STATESGreat Western Minerals Group Ltd. (GWMG or the Company, TSX:V — GWG) is pleased to announce that it has engaged GMP Securities L.P. and ISM Capital LLP, as co-lead agents, along with Byron Capital Markets Ltd. (collectively, the Agents) to act as its exclusive Agents in connection with its intention to offer (the…

Posted by Yousuf. Continue reading “Great Western Minerals Group Announces Proposed Secured Convertible Bond Financing” »

Monday, March 05, 2012

Great Western Minerals Group’s LCM Receives Rare Earth Metal Making Environmental Permit

March 5, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce that GWMGs wholly owned subsidiary Less Common Metals (LCM), located in Birkenhead, United Kingdom, has been granted its environmental permit to carry out electrolytic production of rare earth metals at LCMs new Hooton Park location. The permit, issued by the United Kingdom Environment Agency, enables LCM to produce rare earth metals in accordance…

Posted by Asher Berube. Continue reading “Great Western Minerals Group’s LCM Receives Rare Earth Metal Making Environmental Permit” »

Tuesday, February 07, 2012

Great Western Minerals Group Ltd.: Corporate Update- As at February 7, 2012

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, U.K. and Great Western Technologies Inc. (GWTI) in Troy, Michigan. 5 rare earth exploration projects: 1 at…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Ltd.: Corporate Update- As at February 7, 2012” »

Tuesday, January 31, 2012

Great Western Minerals Group’s LCM Successfully Completes First Pour With New Rare Earth Furnace

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 plant located in Hooton Park in Birkenhead, United Kingdom. The installation of the new furnace, which began…

Posted by Asher Berube. Continue reading “Great Western Minerals Group’s LCM Successfully Completes First Pour With New Rare Earth Furnace” »

Monday, January 30, 2012

Great Western Minerals Group Completes First Phase of Steenkampskraal Rare Earth Evaluation Program

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 fully compliant National Instrument 43-101 resource estimate report and secondly, to focus on a possible expansion of…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Completes First Phase of Steenkampskraal Rare Earth Evaluation Program” »

Monday, January 16, 2012

Great Western Minerals Group Grants Options

January 16, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) reports that, subject to regulatory approval, it has granted, as at January 11, 2012, to officers, directors, consultants and employees an aggregate of 5,000,000 options to acquire common shares of the Company. The options are exercisable into common shares of Great Western Minerals Group Ltd. at a price of $0.58 per share for a period of five…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Grants Options” »

Tuesday, January 10, 2012

Great Western Minerals Group and Ganzhou Qiandong Rare Earth Group Sign Rare Earth Separation Agreement

January 10, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce that the joint venture agreement (Agreement) with Ganzhou Qiandong Rare Earth Group Ltd. (GQD) of China for the construction of a rare earth separation plant in South Africa has been completed and signed. Pursuant to the Agreement, the newly created joint venture company, Great Western GQD Rare Earth Materials Proprietary Limited (GWGQD) will…

Posted by Asher Berube. Continue reading “Great Western Minerals Group and Ganzhou Qiandong Rare Earth Group Sign Rare Earth Separation Agreement” »

Thursday, January 05, 2012

Great Western Minerals Group Announces Management Appointment

January 5, 2012 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company), (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to announce the appointment of Vernon Kiss as Vice-President, Corporate Development and Strategic Initiatives. In this new role, Mr. Kiss is responsible for oversight and direction of GWMGs corporate and strategic planning processes. Additionally, he is responsible for the assessment and execution of corporate development initiatives, including acquisitions, partnerships and joint ventures that contribute…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Management Appointment” »

Thursday, December 29, 2011

Great Western Minerals Group CEO Scheduled to Address Rare Earth Issues on BNN

December 29, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to announce that GWMGs President and Chief Executive Officer, Jim Engdahl, is scheduled to appear on the Business News Network (BNN) Commodities Show at 11:30 a.m. EST today, Thursday, December 29, 2011. The scheduled topics for the BNN interview include the impact of the rare earth export quotas recently announced by the Government of…

Posted by Asher Berube. Continue reading “Great Western Minerals Group CEO Scheduled to Address Rare Earth Issues on BNN” »

Wednesday, November 30, 2011

Great Western Minerals Group Releases 3rd Quarter 2011 Financial Results

November 30, 2011 (Source: Marketwire) –Q3 2011 Revenues Increase by 25%, Q3 2011 Gross Margins Grow by 84% Great Western Minerals Group Ltd. (GWMG or the Company)(TSX VENTURE:GWG) (OTCQX:GWMGF) today announced its financial results for the 3rdQuarter of 2011. GWMG now reports its results under International Financial Reporting Standards. For the three months and the nine months ended September 30, 2011, GWMGs financial summary and highlights are as follows: Manufacturing / processing revenues from…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Releases 3rd Quarter 2011 Financial Results” »

Tuesday, November 29, 2011

Great Western Minerals Group Provides Update on Steenkampskraal Rare Earth Drill Program

November 29, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to provide a progress report on the Companys drill program at its Steenkampskraal rare earth mine site in South Africa. 26 coreholes totaling 2,307 meters have been completed, including 19 holes dedicated to metallurgical mini-bulk sampling and 7 for geological resource delineation. Jim Engdahl, President and Chief Executive Officer of GWMG stated, Our drilling…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Provides Update on Steenkampskraal Rare Earth Drill Program” »

Tuesday, November 22, 2011

Great Western Minerals Group: Corporate Update

November 22, 2011 (Source: Marketwire) –Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) Corporate Holdings: 1 Rare Earth former producer: 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, U.K. and Great Western Technologies Inc. (GWTI) in Troy, Michigan. 5 active Rare Earth exploration…

Posted by Asher Berube. Continue reading “Great Western Minerals Group: Corporate Update” »

Wednesday, November 16, 2011

Great Western Minerals Group Appoints Mine Manager at Steenkampskraal Rare Earth Project

November 16, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to announce the appointment of Kwaw Kabaah as Mine Manager at the Companys Steenkampskraal mine operation in South Africa. Mr. Kabaah, who reports to David Kennedy, Chief Executive Officer of Rareco, GWMGs wholly-owned subsidiary, is responsible for the management, control and day-to-day operations at the Steenkampskraal mine. Mr. Kabaah has extensive and diverse hands-on…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Appoints Mine Manager at Steenkampskraal Rare Earth Project” »

Friday, November 11, 2011

China and a Game Called Supply and Demand

Breaking down the coterie that’s known as rare earth elements means taking it a wee bit further than simply defining them as lights and heavies. Once you break them down into 15 or 17 separate components, it shines a light on some of the dynamics of the market and what China may be doing with the supply and demand equation. Let’s start with cerium and lanthanum. Call them industrial commodities – high volume, low…

Posted by Brian Truscott. Continue reading “China and a Game Called Supply and Demand” »

Thursday, November 10, 2011

Great Western Minerals Group Closes Previously Announced Private Placement

November 10, 2011 — Saskatoon, Canada (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) is pleased to announce that the Company and a syndicate of agents co-led by Byron Capital Markets Ltd. (Byron) and Cormark Securities Inc. (Cormark) and including GMP Securities LP (GMP) (collectively, the Agents) have closed the previously announced private placement (the Offering).The Agents sold an aggregate of 27,240,050 common shares (the Offered Shares) of the Company…

Posted by Gregory Beard. Continue reading “Great Western Minerals Group Closes Previously Announced Private Placement” »

Thursday, November 03, 2011

Great Western Minerals Group Announces Management Appointments

November 3, 2011 (Source: Marketwire) — Great Western Minerals Group (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce the appointment of David Kennedy to the position of Chief Executive Officer of GWMGs 100%-owned subsidiary Rare Earth Extraction Co. Limited (Rareco). Mr. Kennedy, a co-founder of Less Common Metals (LCM) in 1992, has served as GWMGs Managing Director, Metals and Alloys, since the Company acquired LCM in 2008. He is a graduate in…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Management Appointments” »

Monday, October 31, 2011

Great Western Minerals Group Announces Pricing on Previously Announced $15 Million Private Placement

October 31, 2011 (Source: Marketwire) — THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to announce that the Company and a syndicate of agents co-led by Byron Capital Markets Ltd. (Byron) and Cormark Securities Inc. (Cormark) and including GMP Securities…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Pricing on Previously Announced $15 Million Private Placement” »

Thursday, October 27, 2011

Great Western Minerals Group Announces Brokered Private Placement and Defers Special Meeting of Shareholders

October 27, 2011 (Source: Great Western Minerals Group LTD.) — THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Great Western Minerals Group (GWMG or the Company) is pleased to announce that it has engaged a syndicate of agents (the Agents) co-lead by Byron Capital Markets Ltd. and Cormark Securities Inc., and including GMP Securities…

Posted by Yousuf. Continue reading “Great Western Minerals Group Announces Brokered Private Placement and Defers Special Meeting of Shareholders” »

Thursday, September 29, 2011

Great Western Minerals Group and GQD Making Substantial Progress on Steenkampskraal Rare Earth Separation Plant

September 29, 2011 (Source: Marketwire) — Great Western Minerals Group (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to announce that substantial progress is being achieved, with the active participation of Ganzhou Qiandong Rare Earth Group Ltd. (GQD) of China, in the development work on the rare earth separation plant in the vicinity of Steenkampskraal in South Africa. On July 25, 2011, GWMG and GQD signed a Heads of Terms that will form…

Posted by Asher Berube. Continue reading “Great Western Minerals Group and GQD Making Substantial Progress on Steenkampskraal Rare Earth Separation Plant” »

Monday, September 19, 2011

Great Western Minerals signs letter of intent to be major long-term RE supplier to Vacuumschmelze

September 19, 2011, Saskatoon (Source: Marketwire) — Great Western Minerals Group is pleased to announce that it has signed a non-binding Letter of Intent to enter into a long term agreement with Vacuumschmelze GmbH Co. KG of Germany for the supply of rare earth alloys and metals. The Letter of Intent specifies that VAC commits to purchasing a minimum of 50% of its rare earth material needs from GWMG. It is the stated goal…

Posted by Brian Truscott. Continue reading “Great Western Minerals signs letter of intent to be major long-term RE supplier to Vacuumschmelze ” »

Friday, September 16, 2011

Molycorp, the art of spin and why investors should look under the hood before buying

Where to start? Let’s take the high road for a minute and commend Molycorp for being a first-mover in the rare earth space (ex-China, of course), for pressing forward with the debt- and equity-financed expansion and modernization of its Mountain Pass, California mine-to-magnets facility. Molycorp may indeed end up being to rare earths what Apple is to iMacs and iPads. “We remain on track to emerge as the world’s lowest-cost manufacturer of rare earth…

Posted by Brian Truscott. Continue reading “Molycorp, the art of spin and why investors should look under the hood before buying” »

Wednesday, September 14, 2011

Great Western Minerals Corporate Update, September 14 Conference Call

September 14, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. Corporate Holdings:1 Rare Earth former producer: Steenkampskraal mine in South Africa. GWMG holds controlling interest in the mine through its 100% shareholding of Rare Earth Extraction Co. Ltd. (Rareco). 2 Rare Earth processing plants: Less Common Metals Limited (LCM) in Birkenhead, U.K. and Great Western Technologies Inc. (GWTI) in Troy, Michigan. 5 active Rare Earth exploration projects: 1 at the Steenkampskraal site, North…

Posted by Brian Truscott. Continue reading “Great Western Minerals Corporate Update, September 14 Conference Call” »

Monday, September 12, 2011

Great Western Minerals Group to Hold Conference Call and Present at Upcoming Rare Earth Conferences

September 12, 2o11 (Source: Marketwire) — Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to announce that Company officials will be presenting at the following venues in September 2011. 1. Wednesday, September 14, 2011 at 11:00 a.m. EST / 9:00 a.m. CST: CEO Conference Call with President Chief Executive Officer Jim Engdahl. Participants can sign up for the conference call as follows: Dial – in Numbers: North American…

Posted by Asher Berube. Continue reading “Great Western Minerals Group to Hold Conference Call and Present at Upcoming Rare Earth Conferences” »

Thursday, September 08, 2011

Great Western Minerals Group Selects Drill Contractor for Steenkampskraal Rare Earth Project

September 8, 2011 (Source: Marketwire) — Great Western Minerals Group (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG) is pleased to announce the selection of Drillcorp Africa (Pty) Ltd. (Drillcorp) as the drill contractor for the upcoming exploration and resource evaluation program at the Companys Steenkampskraal Rare Earth Element (REE) project in South Africa. Drillcorp is a highly experienced, South African-based drilling team that has been in business throughout Africa since 1988. With 45 rigs currently operating throughout…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Selects Drill Contractor for Steenkampskraal Rare Earth Project” »

Tuesday, August 30, 2011

Great Western Minerals Group Releases 2nd Quarter 2011 Financial Results

August 30, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) today announced its financial results for the 2nd Quarter of 2011. GWMG now reports its results under International Financial Reporting Standards. For the three months and the six months ended June 30, 2011, GWMGs financial summary and highlights are as follows: Manufacturing / processing revenues from GWMGs wholly owned subsidiaries Less Common Metals Limited (LCM) and…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Releases 2nd Quarter 2011 Financial Results” »

Thursday, August 11, 2011

Matamec Scoping Study Due Beginning of Q4

August 11, 2011 (Source: Marketwire) — Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) has engaged the independent engineering firm Roche Ltd. from Montreal, Quebec, to complete its preliminary economic assessment study (PEA) of the HREE Kipawa Deposit located near Temiscaming in SW Quebec. The study is on schedule for publication at the beginning of the fourth quarter. Highlights from the study include: A NI43-101 compliant indicated and inferred resource (press releases June 30,…

Posted by Asher Berube. Continue reading “Matamec Scoping Study Due Beginning of Q4” »

Great Western Minerals Group Appoints Director of International Exploration to Rare Earth Team

August 11, 2011 (Source: Marketwire) — Great Western Minerals Group (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to announce that it has appointed Brent Jellicoe to the position of Director of International Exploration. Mr. Jellicoes primary responsibility is to manage the exploration program at GWMGs Steenkampskraal rare earth project in South Africa. In addition, he has been assigned to locate and evaluate new rare earth projects on a global basis. With a…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Appoints Director of International Exploration to Rare Earth Team” »

Tuesday, August 09, 2011

Great Western Minerals Group Appoints Monazite Processing Expert to Steenkampskraal Rare Earth Project Team

August 9, 2011 (Source: Marketwire) — Great Western Minerals Group (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to announce that it has appointed John Selby as a monazite / radiation / environmental consultant to its team at the Companys Steenkampskraal rare earth mining project in South Africa. Mr. Selby was most recently with Richards Bay Minerals of South Africa where he assumed increasingly senior positions through to being named General Manager of…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Appoints Monazite Processing Expert to Steenkampskraal Rare Earth Project Team” »

Monday, July 25, 2011

Great Western Minerals Group Signs Groundbreaking Heads of Terms to Build Rare Earth Separation Plant in South Africa

July 25, 2011 (Source: Marketwire) — Great Western Minerals Group (GWMG) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce that it has negotiated a Heads of Terms with Ganzhou Qiandong Rare Earth Group Ltd. (GQD) of China to build a Rare Earth separation plant in South Africa, located in proximity to GWMGs Steenkampskraal operation. The Heads of Terms agreement between the two companies will form the basis of the project. Signing the Heads of Terms agreement…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Signs Groundbreaking Heads of Terms to Build Rare Earth Separation Plant in South Africa” »

Thursday, July 21, 2011

Great Western Minerals Group: Corporate Update

July 21, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG) Corporate Holdings: 1 Rare Earths former producer: Steenkampskraal mine in South Africa. GWMG holds controlling interest in the mine through its 100% shareholding of Rare Earth Extraction Co. Ltd. (Rareco). 2 Rare Earths processing plants: Less Common Metals Limited (LCM) in Birkenhead, U.K. and Great Western Technologies Inc. (GWTI) in Troy, Michigan. 7 Rare Earths exploration projects: 1 planned…

Posted by Asher Berube. Continue reading “Great Western Minerals Group: Corporate Update” »

Thursday, July 14, 2011

Great Western Minerals Group Completes Acquisition of 100% of Rare Earth Extraction Co. Limited Shares

July 14, 2011 (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 acquisition of 100% of the shares of Rare Earth Extraction Co. Limited (Rareco). GWMG initiated and completed the exercise of its rights to compel the acquisition of the remaining shares of Rareco that it did not already hold under Section 440K of the Companies Act (South Africa)….

Posted by Asher Berube. Continue reading “Great Western Minerals Group Completes Acquisition of 100% of Rare Earth Extraction Co. Limited Shares” »

Thursday, June 30, 2011

Great Western Minerals Group Releases 1st Quarter 2011 Financial Results

June 30, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) today announced its financial results for the 1st Quarter of 2011. GWMG has reported its results under International Financial Reporting Standards. For the three months ended March 31, 2011, GWMGs financial summary and highlights are as follows: Manufacturing / processing revenues from GWMGs wholly owned subsidiaries Less Common Metals Limited (LCM) and Great Western Technologies Inc. represent…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Releases 1st Quarter 2011 Financial Results” »

Wednesday, June 29, 2011

Great Western Minerals Group Added to Russell Global Index; Ranks in Top 3% in Canadian Business Magazine Resource Index

June 29, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) was added to the Russell Global Index when Russell Investments reconstituted its comprehensive set of global equity indexes on June 24, 2011. Membership in the Russell Global Index, which remains in place for one year, is widely used by investment managers and institutional investors for index funds and as benchmarks. US$3.9 trillion in institutional assets currently…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Added to Russell Global Index; Ranks in Top 3% in Canadian Business Magazine Resource Index” »

Tuesday, June 28, 2011

Great Western Minerals Group Announces Intent to Complete Joint Venture Agreement With Search Minerals at Red Wine REE Property

June 28, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce its intention to accelerate the exercise of its option to earn-in to 50% of the Red Wine Property controlled by Search Minerals Inc. (Search) in order to create the Joint Venture as detailed in the Option Agreement (the Agreement) signed on July 23, 2010. Under the terms of the Agreement, GWMG has undertaken…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Intent to Complete Joint Venture Agreement With Search Minerals at Red Wine REE Property” »

Wednesday, June 22, 2011

Great Western Minerals Group Announces Management Appointments at Steenkampskraal Rare Earth Project

June 22, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (OTCQX:GWMGF)(TSX VENTURE:GWG) (GWMG or the Company) is pleased to announce appointments to two key management positions at the Companys Steenkampskraal Rare Earth project in South Africa. Appointed to the position as Solvent Extraction (Sx) Plant Superintendent is Mr. Witker Zimba. His primary responsibilities will include the development and operation of GWMGs Sx plant. Mr. Zimba has extensive experience in flotation, electro wining and…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Announces Management Appointments at Steenkampskraal Rare Earth Project” »

Great Western Minerals Group – Mailing of Annual Information Circular and Proxy Materials

June 21, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) has posted its annual information circular and related proxy materials on SEDAR at www.sedar.com and has received an order from the Saskatchewan Financial Services Commission abridging the timeline for delivery of related printed materials (the Meeting Materials). Due to the strike commenced by the Canadian Union of Postal Workers and disruption of postal services in Canada,…

Posted by Asher Berube. Continue reading “Great Western Minerals Group – Mailing of Annual Information Circular and Proxy Materials” »

Thursday, June 16, 2011

Great Western Minerals Group Discovers New Showing at Douglas River: 2010 Exploration Results

June 16, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG or the Company) is pleased to report the results of the 2010 exploration program at the Douglas River Rare Earth Project, located in the western Athabasca Basin region of northern Saskatchewan. The work program included geological mapping, till, soil and biogeochemical surveys, trenching and core drilling. The project area includes two claims – the Beatty River claim and the…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Discovers New Showing at Douglas River: 2010 Exploration Results” »

Thursday, June 09, 2011

Great Western Minerals Group Launches Mine Shaft Refurbishment at Steenkampskraal Rare Earth Project

June 9, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG), announces it has selected East Rand Engineering Services (ERESSA) to carry out the shaft refurbishment project at the Companys Steenkampskraal Rare Earth project in South Africa. The project is scheduled to begin within two weeks and be completed by mid-November, 2011. Included is the refurbishment of the mine access decline, construction of winding gear, installation of dewatering…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Launches Mine Shaft Refurbishment at Steenkampskraal Rare Earth Project” »

Wednesday, June 08, 2011

Great Western Minerals Group Appoints Elizabeth Nash as Corporate Secretary

June 8, 2011 (Source: Marketwire) — Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) announces the appointment of Elizabeth M. Nash as Corporate Secretary. Ms. Nash, whose legal practice is focused on securities and corporate law, has provided advisory services to GWMG for 5 years. Prior to launching her own law practice in 1995, she has been a securities and corporate lawyer with Robertson Stromberg Pedersen of Saskatoon, with Lilly,…

Posted by Asher Berube. Continue reading “Great Western Minerals Group Appoints Elizabeth Nash as Corporate Secretary” »

Monday, June 06, 2011

Great Western Minerals Group CEO Testifies Before U.S. Congress Regarding Pending Critical Minerals and Rare Earth Legislation

June 6, 2011 (Source: Marketwire) — Jim Engdahl, President and Chief Executive Officer of Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (OTCQX:GWMGF) (GWMG), provided expert testimony to the U.S. House of Representatives Subcommittee on Energy and Mineral Resources on two key pieces of legislation: the National Strategic and Critical Minerals Policy Act of 2011 (H.R. 2011) and the Resource Assessment of Rare Earths Act of 2011 (H.R. 1314). He urged Members of Congress to…

Posted by Asher Berube. Continue reading “Great Western Minerals Group CEO Testifies Before U.S. Congress Regarding Pending Critical Minerals and Rare Earth Legislation” »


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