Articles Tagged "mineral fields group"

Ucore Updates Exploration Work at Lost Pond, Newfoundland

Ucore Rare Metals Inc. (CVE:UCU) updates on ongoing exploration work performed at the Company's Lost Pond property located in western Newfoundland.

Ucore Rare Metals Inc. Announces Completion of $10 Million Private Placement

Ucore Rare Metals Inc. (CVE:UCU) announces that it has closed its previously announced brokered private placement of 25,000,000 units at $0.40 per unit for gross proceeds of $10,000,000.

The Ins and Outs of Rare Earth ETFs

Etftrends.com reports that the rare earth metals market and exchange traded fund (ETF) dance to the Chinese government’s tune.

Hitachi Leads Rare Earth Recycling Efforts as China Cuts Access to Supply

Bloomberg reports that Hitachi, Japan’s third-biggest company, uses as much as 600 tons of rare earth metals each year in products.

Rare Element soars on Sumitomo-Molycorp report

Reuters Canada reports that shares of Rare Element Resources (CVE:RES) jumped more than 13 percent on Monday.

Ucore Rare Metals Enters Joint Venture with Rare Earth Metals on Heavy REE Prospect in Newfoundland

Ucore Rare Metals Inc. (CVE:UCU) enters into a joint venture with Rare Earth Metals Inc. (CVE:RA) to jointly fund exploration and development of the recently acquired Northcott Property, located in western Newfoundland.

Australian rare earth miners look to Europe

Bloomberg reports that Australian miners of rare earth metals say they believe the recent freeze of sales from China to Japan will give their fledgling industry a boost.

Kirrin Resources Closes $0.7 Million Private Placement

Kirrin Resources Inc. (CVE:KYM) announces that it has raised gross proceeds of $674,000, net proceeds of $656,000, pursuant to its non-brokered private placement announced on October 26, 2010.

Kirrin Resources Closes $0.7 Million Private Placement