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China says ready to defend its rare earth policies

01 February 2012

(Reuters) - China's Commerce Ministry said on Wednesday it was prepared to defend its rare earth export policies at the World Trade Organization, days after the global trade body ruled against its export restrictions on raw materials exports.

A WTO panel decided on Monday that China had violated global trading rules by curbing exports of raw materials such as bauxite, coke, magnesium, manganese and zinc, which inflated prices and gave domestic Chinese firms an unfair competitive advantage.

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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...