The ‘RESTART’ Act proposed in the US congress is aiming to reduce America’s dependence on China for the supply of rare earth elements vital for US weapons and defense industries as well as electronics and green technology companies. The bill seeks to assist mining and processing operations, as well as create a strategic stockpile of various rare earth elements.
Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) and Rare Earth Extraction Co. Ltd. of Stellenbosch reported that they have entered into an exclusivity agreement that allows both companies to continue to move forward on their plans to jointly bring the former operating Steenkampskraal Mine back into production.
Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) announced today that the company has entered into an investor relations agreement with Stone Communication Services Limited of Toronto, Ontario.
Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) reported that, at the request of Toyota Tsusho Corporation(Tokyo Stock Exchange - "8015T"; Nagoya Stock Exchange - "8015NG"), the company has extended the expiry date of the non-binding letter of intent.
Tuesday, July 6, 2010