Stans Energy Corp. (OTCQX:HREEF) announced that it has filed an appeal to the Bishkek City Court in a response to an Inter-District Court of Bishkek ruling in favor of the Kyrgyz General Prosecutor’s Office claim against the company's Kutessay II project.
Rare Earth Company News Directory
The Australian reported yesterday that Lynas Corporation Ltd. (ASX:LYC) has emerged victorious from another battle over the operating license for its Lynas Advanced Materials Plant (LAMP).
Mineweb reported that on Monday, the US Environmental Protection Agency (EPA) fined Molycorp Inc. (NYSE:MCP) US$27,300 for not properly managing hazardous waste at its California-based Mountain Pass facility.
Rapid City Journal reported this past weekend that landowners living near Rare Element Resources Ltd.'s (TSX:RES,NYSEMKT:REE) proposed Wyoming-based rare earth elements mine have expressed concerns about water quality, dust control and radioactive minerals.
Xinhuanet reported that in the first quarter of 2014, Inner Mongolia Baotou Steel Rare-Earth Group Hi-Tech Co. Ltd.'s (SSE:600111) net profit sunk 71.71 percent from the year-ago period, hitting US$11.26 million.
Geomega Resources Inc. (TSXV:GMA) announced the final closing of a brokered private placement with Industrial Alliance Securities Inc. acting as agent consisting of 1,796,000 units at a subscription price of $0.60 per unit for gross proceeds of $1,077,600. The total gross proceeds are $3,315,000 including the first tranche of the private placement.
Quest Rare Minerals Ltd. (TSX:QRM,NYSEMKT:QRM) released a preliminary economic assessment (PEA) based on a revised development plan for its Strange Lake rare earth project.
Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF), a cleantech company currently commercializing its high-purity alumina process, released a general update on previously announced financing activities.
Great Western Minerals Group Ltd. (TSXV:GWG,OTCQX:GWMGF) announced that it has entered into a non-binding memorandum of understanding (MOU) for rare earths separation services with "an internationally recognized provider."
Tasman Metals Ltd. (TSXV:TSM,NYSEMKT:TAS) announced that it has started a prefeasibility study for its Sweden-based Norra Karr heavy rare earths project.