Rare earth element mining: new boom
It is reported that there is a rush to find deposits of rare earth elements (REEs), critical components of materials used in the defence, electronics and other key industries.
Archive for February, 2010
Alturas Earns 100% in Huajoto Project in Central Peru
Alturas Minerals Corp. (TSX VENTURE:ALT)(BVLAC:ALT) reported that the company has increased its share in the Huajoto zinc-gold-rare earth element project in central Peru to 100%.
Investor Confidence Needs An ETF
The setting up of Exchange Traded Funds (ETFs) in the rare earths metals sector will ensure transparency and will go a long way in bringing in more investors, including institutional buyers.
Cornerstone Options Labrador Rare Metals and REE Properties
Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) reported that the company has signed a binding option agreement with Rare Earth Metals Inc. (TSXV-RA) respecting its 155 mineral claims in the Letitia Lake area of central Labrador.
Rockbridge Provides Update
RockBridge Energy Inc. (TSX VENTURE:RBE) announced that operations are underway on RockBridge’s recently acquired Cross Hills REE property.
Kirrin Resources acquires Grevet REE Project
Kirrin Resources Inc. (TSX VENTURE:KYM) reported that the company has entered into an option agreement with Michel Proulx allowing Kirrin to earn a 100% interest in the Grevet rare earth elements property, which is located in north-western Quebec, Canada.
Rare Earth Metals Options Red Wine/Letitia Lake Properties
Rare Earth Metals Inc. (TSX VENTURE:RA) reported that the company has entered into two binding option agreements in the Red Wine/Letitia Lake area of Central Labrador.
Price Discovery Mechanism Proposed for Rare Earth Metals
The Glgroup.com reports on Price Discovery Mechanism Proposed for Rare Earth Metals:
Commerce – Rare Earth Elements & Rare Metals
Commerce Resources (CVE:CCE,FSE:D7H,OTCQX:CMRZF) is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The company is specifically focused on the development of its Upper Fir Tantalum and Niobium Deposit at the Blue River Project in British Columbia, and the exploration of the Eldor Rare Earth Project in northern Quebec.
Ucore Approves 2010 Bokan-Dotson Ridge Rare Earth Project
Ucore Uranium Inc. (TSX VENTURE:UCU) reported the completion of an exploration plan for its Bokan-Dotson Ridge rare earth element (REE) project in 2010.
