Rare Metal Investor News Articles

 

INDUSTRY HEADLINES

    The Directors of Arafura Resources Limited (ASX: ARU) (“Arafura” or “the Company”) are pleased to announce a share placement of 75 million shares at $1.20 per share to raise $90 million. There was significant support for a placement which has enabled sufficient funds to be raised to progress the Nolans Project through to the Project Financing stage and maintain the plan for first production of rare earth oxides in 2013. More...

     

    VANCOUVER, British Columbia – GREENLIGHT RESOURCES INC. (TSXV.GR) announces that pursuant to the terms of the Letter of Intent, dated April 14, 2010 between the Company, Champlain Mineral Ventures Limited (“Champlain”) of Bridgetown, Nova Scotia and Silchlor Inc. (“Silchlor”) of Pittsburgh, Pennsylvania; the Company has commenced the evaluation of the patented Silchlor Cyclic Vacuum Chlorination Process. More...

     

    Toronto - Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMF) announced today that, following the latest drill program, total measured and indicated mineral resources at the Quebec Lithium Project near Val d'Or, Quebec, have increased by approximately 48% to 46.7 million tonnes grading 1.19% Li2O (at a 0.80% Li2O cut-off). It also represents a 7% increase in grade from previous estimates. More...

     

    Toronto, Ontario - Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF), is pleased to report that it has staked an additional 451 placer claims comprising approximately 18,040 acres immediately adjacent to the southern block. These new claims were added to ensure proper coverage of the gravity low, an area interpreted to hold the greatest potential of containing a significant lithium brine resource. More...

     

    TORONTO, ONTARIO--(Marketwire - Oct. 28, 2010) - Quest Rare Minerals Ltd. (TSX VENTURE:QRM) is pleased to report the additional results from 2010 diamond drilling of their B-Zone rare earth element (REE) deposit. The drilling is intended to determine the vertical extent of the mineralized system defined in 2009, to improve the confidence of the continuity of the system, and to better define the higher grade pegmatite resource observed to outcrop at surface as defined by previous Quest drilling. Lab results for holes BZ-10-30 to BZ-10-43 have returned multiple, high Total Rare Earth Oxide (TREO) grade intersections of between 1.13 % and 6.08% over thicknesses of 1.18 m to 191.3 m. More...

     

    Saskatoon, Canada: Great Western Minerals Group Ltd. ("GWMG" or the "Company", TSX: V – GWG) announces the appointment of its representative, Mohamed Madhi, to the Board of Directors of Rare Earth Extraction Co. Ltd. ("Rareco"). More...

     

    TORONTO, ONTARIO - Dacha Strategic Metals Inc. ("Dacha" or the "Company") (TSX VENTURE: DSM)(OTCQX: DCHAF) is pleased to report the trade of 20,000 kilograms ("kg") (20 metric tonnes) of +99.99% pure Gadolinium Oxide for a total consideration of US$1,180,000. This transaction represents a 25% premium to the replacement cost of the material as at September 28, 2010. More...

     

    Saskatoon, Canada: Great Western Minerals Group Ltd. ("GWMG" or the "Company") announces that a new Rare Earths processing furnace has been ordered for the Company's wholly-owned subsidiary Less Common Metals Limited. ("LCM"). The new furnace, which will increase LCM's processing capacity by approximately 50%, is scheduled to be in production by the 3rd Quarter 2011. The decision to proceed with the significant capacity expansion was driven by requests from LCM's international customer base. More...

     

    Calgary, Canada: Kirrin Resources Inc. today announced that it is proceeding with a non brokered private placement of up to 10,000,000 units ("Units") by way of private placement at a purchase price of $0.08 per Unit for aggregate consideration of up to $800,000 (the "Private Placement"). More...

     

    VANCOUVER, British Columbia – GREENLIGHT RESOURCES INC. (TSXV.GR), announces an update on its field exploration program on the Brazil Lake Lithium and Rare Metal property in Nova Scotia. Three new primary target areas have been identified, which are in addition to the known North and South pegmatite dikes. More...

     

    The Simpcw First Nation and Commerce Resources Corp.(TSXv: CCE) (FSE: D7H) (the "Company" or "Commerce") today announced the signing of an innovative Exploration Agreement for the Blue River Tantalum/Niobium Project located in the Kamloops Mining Division of British Columbia, approximately 10 km north of the town of Blue River in the heart of the Simpcw First Nation's traditional territory. More...

     

    Rouyn-Noranda, Canada - Fieldex Exploration Inc. (FLX :TSXV and F7E : Frankfurt) is pleased to announce the results of its recently-completed 4,225-meter drilling campaign on Fieldex's Lac Sairs project in Kipawa and an option agreement for a 12,927-hectare land package for rare earth elements (REE) in the Kipawa area. More...

     

    The Board of Callabonna Uranium Limited (‘Callabonna’ or ‘the Company’) is pleased to announce that the partial extraction soil survey to define drill targets over the company’s Denison Rare Earth/Uranium Project in the Northern Territory is to commence in the coming weeks. More...

     

    Total Rare Earth (TREE) grades of up to 9.7% have been returned after further analysis of recently reported intersections at Quantum. A drill intersection including a zone of 33m @ 1.76% TREE from 246m contains a high grade zone of 6m @ 6.55% TREE from 248m in hole TDD8. Assays remain pending for diamond drilling completed beneath this intersect on a major sulphide rich structure. More...

     

    On 21 October 2010, the Company received documentation from The Ministry of Mines and Energy, Namibia, for the grant of Exclusive Prospecting Licence No. 4320, (EPL 4320) within the Company’s Tsumkwe diamond exploration project, in north east Namibia. More...

     

    Navigator Resources Limited (ASX: NAV) (“Navigator” or “the Company”) is pleased to advise that it intends to undertake an in-specie distribution of shares to Navigator shareholders in a new rare earth oxide-focused company to be listed on the Australian Securities Exchange (ASX) early in 2011. More...

     

    Ucore Rare Metals Inc (TSX-V: UCU) (“Ucore” or “the Company”) is pleased to provide an update on continued mineralogical and metallurgical research on bulk samples obtained from the Bokan-Dotson Ridge heavy rare earth project in southeast Alaska. More...

     

    TORONTO, ONTARIO- Avalon Rare Metals Inc. (the "Company" or "Avalon") (TSX:AVL)(OTCQX:AVARF) announces that further to the Company's news release dated August 18, 2010, SNC-Lavalin Inc. ("SNC-Lavalin") has delivered the scoping study commissioned by the Company to provide an initial estimate of costs for the construction of a new rare earth separation plant in North America. More...

     

    VANCOUVER, BRITISH COLUMBIA - Search Minerals Inc. /quotes/comstock/11v!e:smy (CA:SMY 0.45, +0.03, +7.14%) ("Search" or the "Company") and its wholly owned subsidiary, Alterra Resources Inc., report high concentrations of Heavy Rare Earth Elements ("HREE") from its HighREE Island project, in the Port Hope Simpson REE district in SE Labrador. Channel samples from this showing reveal high concentrations of HREE, Nb, Zr and Y over widths of 0.89 to 2.06m. More...

     

    VANCOUVER, BRITISH COLUMBIA - Wealth Minerals Ltd. (the "Company" or "Wealth") - /quotes/comstock/11v!e:wml (CA:WML 0.60, +0.01, +1.69%) (frankfurt:EJZ), is pleased to announce that it has initiated an aggressive exploration, resource verification and expansion program at its high-grade Rodeo de los Molles (RdlM) rare earth element project in San Luis Province, Argentina. Additionally, the Company has retained the services of Alastair Neill, P.Eng, MBA, an expert on rare earth elements, as a strategic advisor. More...

     

    Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) (the "Company" or "Commerce") is pleased to report that its joint venture partner Canadian International Minerals Inc. (TSXv: CIN) ("Canadian International") has commenced a minimum 1,000 metre diamond drill program on the Carbo Rare Earth Project in northeastern British Columbia. More...

     

    SPOKANE, WASHINGTON - MARIFIL MINES LTD. (MFM: TSX-V) ("Marifil" or "the Company") announces that it has successfully modified the sales agreement for its lithium properties to Renholn International, a private company ("Renholn") More...

     

    Ucore Rare Metals Inc. (TSX-V:UCU; “Ucore” or the “Company”) is pleased to provide initial drill results from the 2010 exploration program at the Bokan-Dotson Ridge rare earth project in southeast Alaska, in addition to augmenting the Company’s previously released Conceptual Estimate (or “CE”; released in May 2010). More...

     

    TORONTO, ONTARIO--(Marketwire - Oct. 19, 2010) - Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF) ("Avalon" or the "Company") continues to strengthen its technical expertise with new appointments to its Technical Advisory Committee and Operations team. More...

     

    Highlights: 􀂃 Lithium Carbonate production commences at Olaroz test work facilities at Salar de Olaroz. 􀂃 Brine analyses from the resource evaluation drilling program within the area of the current resource in line with previous drilling. 􀂃 Encouraging exploration results in Rio Rosario delta area to the north of previous drilling. More...

     

    Saskatoon, Canada. Great Western Minerals Group Ltd. ("GWMG" or the "Company") announces that it has closed its previously announced short form prospectus offering, raising gross proceeds of approximately $35,000,000 for the Company. More...

     

    Perth, Western Australia –Talison Lithium Limited (“Talison”) (“TSX:TLH”) is pleased to provide the following first quarter production results for its Greenbushes lithium mine (the “Greenbushes Lithium Operations”) in Western Australia. More...

     

    Montreal (Canada), JOURDAN RESOURCES INC. (TSX-V: JOR) (“JOURDAN” or the “Company”) is pleased to announce the discovery of new spodumene-bearing intrusives during the 2010 exploration campaign at the Company’s 94 claims / 49.5 km2 Pivert-Stairs Rare Metals Property (the “Property”) in the James Bay Mining District of northern Quebec. More...

     

    VANCOUVER, Oct. 15 /PRNewswire-FirstCall/ - GREENLIGHT RESOURCES INC. (TSXV.GR), is pleased to announce the Company has executed a letter of intent dated October 12, 2010 with Frank Ross and Ole Kristiansen ("the Vendors") to earn up to a 100% undivided interest in the Porcupine-Upper Miramichi Rare Earth Property ("Property") located fifty kilometers west of Newcastle, New Brunswick. More...

     

    Thunder Bay, ON – Rare Earth Metals Inc (“Rare Earth Metals”, “RA” or the “Company”) (TSX VENTURE:RA) is pleased to report Rare Earth Element/Niobium/Beryllium results from the initial five drill holes on its Letitia Lake/Red Wine property located approximately 110 kilometers northeast of Churchill Falls in west central Labrador. A total of 18 diamond drill holes totaling 2920 meters have been completed on the Project including six on the Mann #1 Deposit, and eleven on the Two Tom mineralized zone. More...

     

    Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc. (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) and 50% joint venture partner Thundermin Resources Inc. ("Thundermin") (THR:TSX) are pleased to announce the results of an updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Little Deer Copper Deposit (the "Deposit") which is located approximately 10 km north of Springdale in north-central Newfoundland. More...

     

    Mount Pearl, NL, Canada: Cornerstone Capital Resources Inc. (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) and 50% joint venture partner Thundermin Resources Inc. ("Thundermin") (THR:TSX) are pleased to announce the results of an updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Little Deer Copper Deposit (the "Deposit") which is located approximately 10 km north of Springdale in north-central Newfoundland. More...

     

    The Board of ERO Mining Limited (“ERO ” or the “Company”) is pleased to announce that it has reached agreement to acquire 100% of the issued capital of South East Energy Limited (“South East”), an unlisted South Australian based lithium and uranium explorer. More...

     

    Vancouver, BC, Canada – Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V: BRU), (FRANKFURT: U7N1) is pleased to announce the appointment of Mr. Ian B. Smith to the Advisory Board of the Company. Ian Smith, BE Min (Hons), F. AusIMM, MCIM, MSME, is a Chartered Professional and a mining engineering graduate of the University of Queensland, Australia, with over 40 years experience in corporate, operations, project management and consulting within the international base metals and precious metals industries. More...

     

    Arafura provides the following business update in the attached document. Dr Steve Ward, Arafura’s Managing Director & CEO commented, “We have made significant progress in the past few months and are pleased to issue a business wide update. The rare earths industry has been the subject of much attention and changing dynamics. Arafura is now well positioned to become the recognized leading supplier of rare earth oxides in the next few years through our world class and high value creating Nolans Project. We have an exciting time ahead of us.” More....

     

    Quebec - Nemaska Exploration Inc. (“Nemaska” or the “Company”) (TSXV-NMX) is pleased to announce that its Whabouchi lithium project has been ranked first in Canada and third in the world amongst hard rock pegmatite projects being developed. The study was produced by signumBOX, a Chilean-based provider of market intelligence research within the natural resource sector. More...

     

    Quebec - Nemaska Exploration Inc. (“Nemaska” or the “Company”) (TSXV-NMX) is pleased to announce the results of metallurgical testing of a mini-bulk sample taken from its Whabouchi Lithium/Beryllium project. Approximately a one tonne sample, obtained by core drilling across the pegmatite body, was submitted for metallurgical testing in late July to SGS Minerals Services (SGS Canada Inc.) at Lakefield, Ontario. More...

     

    Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) (the "Company" or "Commerce") reports that it will add 1,500 metres (six holes) to the already 3,000 metres drilled this year at its Eldor Rare Earth Project located in northeastern Quebec. The expanded program has been driven by the discovery of significant intersections of rare earth elements announced earlier this year. More...

     

    Quest Rare Minerals Ltd. (TSX VENTURE:QRM) is pleased to announce that it has agreed with Dundee Securities Corporation, CIBC World Markets Inc. and Stonecap Securities Inc. (the "Agents") to the pricing of Quest's previously-announced new issue of units ("Units") and "flow-through" common shares ("Flow-Through Shares"). The offering will be in an amount of $46.5 million. More...

     

    Saskatoon, Saskatchewan: Great Western Minerals Group Ltd. ("GWMG" or the "Company") is pleased to announce that, further to its press release on September 21, 2010, it has entered into an agency agreement with Byron Securities Limited and Salman Partners Inc. (the "Agents") in respect of the offering contemplated by the preliminary short form prospectus dated September 20, 2010. More...

     

    HENDERSON, NV - AmeriLithium Corp. (OTC Bulletin Board: AMEL; "AmeriLithium" or "the Company") is pleased to announce rough preliminary volume estimates of up to 26,000 tons of potential Lithium resource underlying the Company's Paymaster Canyon Lithium brine project in Nevada, USA. More...

     

    VANCOUVER, BC – RockBridge Resources Inc. (RockBridge- TSXV symbol- “RBE”) is pleased to announce the completion of its fall drilling program on the Cross Hills, Newfoundland property. The Cross Hills property consists of 100% interest in 343 mineral claims covering 20,923 acres, prospective for Rare Earth Elements and metals and for Copper. More...

     

    TORONTO, Canada Pinetree Capital Ltd. (TSX: PNP), announces that on October 4, 2010, it acquired ownership of 2,000,000 common shares (“Common Shares”) and 2,000,000 common share purchase warrants (the “Warrants”) of Bolero Resources Corp. (“Bolero”). More...

     

    Vancouver, Canada – Tasman Metals Ltd. (“Tasman” or the “Company”) TSXV – TSM; Frankfurt - T61 - Pink Sheets - TASXF. Mr Mark Saxon, President & CEO, announces the completion of a 1300 line km airborne magnetic and radiometric survey covering the Company’s 100% owned Otanmäki rare earth element (REE) – niobium (Nb) project in central Finland. More...

     

    VANCOUVER – Search Minerals Inc. (“SMY” or the “Company”) has com-menced a 2000m NQ drilling program (the “Drilling Program”) on the HighREE Island prospect, located 22 km southeast of Port Hope Simpson, Labrador, in the Port Hope Simpson REE Dis-trict. This drill program will target REE-Zr-Y-Nb mineralization observed on the surface. More...

     

    Toronto, Ontario: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF), is pleased to report that it has encountered additional high-grade lithium and potash in its second reverse circulation drill hole of its first exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina (“Diablillos” or the “Salar”). More...

     

    VANCOUVER, BC – RockBridge Resources Inc. (RockBridge- TSXV symbol- “RBE”) is pleased to announce the completion of its fall drilling program on the Cross Hills, Newfoundland property. More...

     

    Emerging lithium producer, Galaxy Resources Limited (ASX: GXY), is pleased to announce that the Company has commenced lithium concentrate (spodumene) production at Mt Cattlin. More...

     

    Vancouver, BC, Canada – Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V: BRU), (FRANKFURT: U7N1) announces it has received additional assay results of soil samples taken from the “Carbonatite Syndicate” Rare Earth Element prospect in northern BC, that substantially increase previously reported Rare Earth Element “REE” values. More...

     

    Australian rare earths company Arafura Resources Limited (ASX: ARU) (Arafura or the Company) confirms its forward business model to clarify any misconceptions. More...

     

    Mr. Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or the “Company”), (TSX.V: AMY; Pink Sheets: AMYZF), is pleased to announce the highlights of the geochemical prospecting program carried out on its Lonnie and Virgil Rare Earth Metals project, located about 140 km north of Fort St. James, British Columbia. More...

     

    Arafura Resources Ltd. is in talks to raise funds for its A$1 billion ($964 million) rare earth project in Australia after China capped exports of the metals used in hybrid cars and laptops this year and prices soared. More...

     

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