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Geomega Resources Discovers Gold on Anik Property

Geomega Resources Discovers Gold on Anik Property

Geomega Resources Inc. (TSXV:GMA) has discovered gold on its Anik property in Québec, within an important structural zone of the Guercheville/Opawica deformation corridor. Several economic gold grades from a 4 m3 toppled block (sub-in-place) and blocks extracted mechanically from the underlying outcrop.

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Rare Earths Producers Still Beholden to Chinese Supply

In an article for Tradingfloor.com, Adam Courtenay suggests that the performance of rare earths producers such as Australia's Lynas Corp (ASX:LYC) and Molycorp (NYSE:MCP) is still tied to how much rare earths supply China releases into the market. However, the author saw things looking up overall for producers outside of China.

7 Rare Earth Companies to Sue Hitachi Over Patent Monopoly

ECNS.com reported that 7 rare earth companies in Japan have banded together in a legal claim against Hitachi Metals (TYO:5486). Hitachi has over 600 key patents for neodymium iron boron magnets.

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