The Vancouver Sun reported that Rare Element Resources (CVE:RES) sees prices of some rare earths falling due to oversupply.
The Bedford Report released research on Molycorp (NYSE:MCP) and Rare Element Resources (CVE:RES).
Mining Weekly reported that indicated and referred resources at Rare Element Resources' (CVE:RES) Bear Lodge property have been increased.
Rare Element Resources Ltd. (CVE:RES,AMEX:REE) announced the results of its 2010 program and plans for 2011 exploration.
The Bedford Report released research on Molycorp (NYSE:MCP) and Rare Element Resources (CVE:RES).
China has released the total mining output quota for 2011. The country has increased the level of the total by a modest 5 per cent over 2010. Along with the announcement officials stated that new permits for prospecting and mining will not be granted until June, 2012, which further exacerbates supply issues going forward.
Rare Element Resources Ltd. (AMEX:REE,CVE:RES) announced the team that will lead this year's exploration programs in Wyoming.
Rare Element Resources Ltd. CVE:RES) announces rare earth element (REE) assay results from an additional sixteen drill holes completed during its 2010 core drilling program at the Company's Bear Lodge property, located in northeastern Wyoming, USA.
The exploding share prices of many rare earth mining companies may entice investors to jump on the bandwagon for short run gains. However, restraint is needed because many of these companies have yet to produce and many never will. China’s export quota system has created a dynamic in the market that may change in the future, investors take note.
Heading into a key Asian summit, Secretary of State Hillary Clinton, stresses the need for clarification of rare earth export policies from China. Also, a bilateral meeting is in the scheduled between the US and China to take place just after the Summit, leading up to what is looking to be an interesting G20 meeting in South Korea slated for November.
Tuesday, August 16, 2011