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Where To For Rare Earth Prices?

06 February 2012

It was arguably the Big News story in the resources sector last week. Rare earth hopeful Lynas had been waiting in frustration for a seemingly interminable period to learn whether or not the Malaysian government would approve its proposed Lynas Advanced Materials Plant (LAMP) for the processing of the company's Australian-based rare earth element (REE) deposits. Initial approval was finally granted last week, subject to a long term environmental bond to be contributed to by Lynas. It was the green light the market had been waiting for.

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• 05 Jan 2012 | GREAT WESTERN MINERALS GROUP ANNOUNCES MANAGEMENT APPOINTMENT

Saskatoon, Canada: Great Western Minerals Group Ltd. ("GWMG" or the "Company", TSX:V – GWG) is pleased to announce the appointment of Vernon Kiss as Vice-President, Corporate Development and Strategic Initiatives. In this new role, Mr. Kiss is responsible for oversight and direction of GWMG’s corporate and strategic planning processes. Additionally, he is responsible for the assessment and execution of corporate development initiatives, including acquisitions, partnerships and joint ventures that contribute to the achievement of GWMG’s vision to be a fully integrated rare earth producer. More...

 

• 05 Jan 2012 | Canadian Orebodies Announces Final Set of Drill Results from Haig Inlet Iron Ore Project

Canadian Orebodies Inc. (TSXV:CO) ("Orebodies") is pleased to announce the final set of drill results from the summer drill program at the Haig Inlet Iron Ore Project ("Haig Inlet"), located on the Belcher Islands in Nunavut, Canada. Assay results have now been received for the last eighteen holes drilled at Haig Inlet, and highlights include: • Hole CO11-26 assayed 29.8% Fe over 32.2m, including 35.4% over 12.0m; • Hole CO11-53, the only hole drilled on Haig South, assayed 29.3% Fe over 46.3m, including 34.0% Fe over 14.0m; • The company remains on track to release an initial NI 43-101 compliant resource estimate during Q1/2012. More...