With China dominating 97 percent of the world's rare earth production and imposing export quotas in recent months, a global rush to find alternative sources for the elements is generating a widespread concern. An economic interdependence of nations and companies across classification sectors is also of special importance and has been creating interesting opportunities which may be worth noting and observing for all resource investors.
The Critical Metals Investment Symposium in Vancouver, BC featured a wide array of companies and analysts. Two of these speakers, John Kaiser and Jack Lifton, stressed the importance of critical metals in the world economy.
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. (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.
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.
Search Minerals Inc. (CVE:SMY) and Alterra Resources Inc., discovers four new heavy REE (HREE) showings in the HighREE Hills.
Reassurances from Chinese officials and the resumption of shipments from the Asian nation have hurt the gains made by many rare earth juniors. Has the market jumped on the rare earth band wagon investing in companies that have yet to produce? Or have they just jumped the gun in a market poised to grow for years to come?
Search Minerals Inc. (CVE:SMY) and its wholly owned subsidiary, Alterra Resources Inc., announces high concentrations of Heavy Rare Earth Elements from its HighREE Island project, in the Port Hope Simpson REE district in SE Labrador.
Ucore Rare Metals Inc. (CVE:UCU) provides initial drill results from the 2010 exploration program at the Bokan-Dotson Ridge rare earth project in southeast Alaska.
Matamec Explorations Inc. (CVE:MAT) announces improved rare earth leach recoveries from a sample collected at its REE-Y Kipawa deposit.
Wednesday, July 20, 2011