Rare Earth Mining News

BE Resources Inc. corrects assay results from drilling program at Warm Springs Beryllium & Rare Earth Project

BE Resources Inc. (TSX VENTURE:BER) is re-releasing rare earth assay results to correct the figures disseminated on Friday, July 22, 2011. The assay results released Friday contained mathematical errors that occurred in the process of aggregating […]

Azimut discovers a new copper-molybdenum zone at Rex, Nunavik, Quebec

Azimut Exploration Inc ("Azimut" or "the Company") (TSXV: AZM) announces the discovery of a new mineralized 1.5-km-long copper-molybdenum zone on its 100% owned Rex property in Nunavik, northern Quebec. This latest zone (the Robinson Zone) further supports the excellent exploration potential for large-scale polymetallic deposits in a region considered by Azimut to be a new mineral belt of major importance.

Commodities rise after Greek plan details emerge

Financial markets — including commodities — surged after details from the highly-anticipated EU Summit were released. Germany's demand that private investors be a part of any Greek bailout, which will likely be considered a partial default by ratings agencies, seems to have been met.

Pele Mountain Engages Advisor for Strategic Process to Separate Gold Assets from Eco Ridge Mine Rare Earths and Uranium

Pele Mountain Resources Inc. (TSXV: GEM)( OTCQX: GOLDF) ("Pele" or the "Company") announced today that it has engaged Foundation Opportunities Inc. ("FOI") of Toronto, on a non-exclusive basis, to assist and advise Pele with its evaluation of strategic alternatives regarding its Ontario gold assets. Pele's gold assets, which are held in its wholly-owned subsidiary, Pele Gold Corporation ("Pele Gold"), include a 100-percent interest in the East & West Highland Gold projects, as well as a 49-percent interest in the Ardeen Gold project.

Rare earths: China always one step ahead of the West

When news broke Thursday last week that China was raising REE export quotas for the second half of the year, ostensibly in reaction to a WTO ruling, it was greeted with some surprise and a measure of relief by the makers of anything from iPods to lasers to stealth helicopters. But as the implications of the announcement on future pricing of the 17 elements begin to sink in some analysts are pointing out that rather than easing the pressure on manufacturers who need rare earths, China's move was aimed at cutting off at the knees development of mining projects outside its borders.

Raw Materials Supply Shortage Looms Over the Future Growth of Rare Earth Based Magnets

A new report from IMARC Group expects an exponential growth in the demand of rare earth based magnets in the coming years. A supply shortage of key raw materials, however, may jeopardize the growth of this entire industry. Rare earth based magnets

Canada stocks gain on strong commodities

Strong metal and oil stocks lift the TSX Composite Index Tuesday as the loonie rallies on expectations of eventual rate hike.

Commodities 2011 halftime report

Commodities don’t all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group.

Russia offers Germany help on rare earths

WOLFSBURG Russia is offering Germany closer cooperation on rare earths as well as gas and oil supplies, a Russian official said on Monday ahead of an annual bilateral summit in Germany. Berlin has been trying to improve German industry's access to the

Debunking the rare earth hype

China announced this week that it was nearly doubling its rare earths export quota for the next six months compared to last year. But the Chinese government was promptly criticized by overseas officials who say […]

Commodity falls and fears for stress tests see FTSE decline

Falls among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the FTSE 100 index was down 59.48 points.

REE stocks fall back to earth as China raises export quotas

After surging last week, industry bellwether Molycorp led a slide in rare earth mining stocks with a 5% drop by early afternoon on Thursday on news China is raising REE export quotas for the second half of the year in reaction to a WTO ruling. The exact impact of the decision is not yet clear: the new quotas only bring 2011 exports in line with last year prompting the EU to call it "highly disappointing." And fresh data from Lynas Corporation, world no. 2 outside China, show the price of a basket of eight REEs jumping 140% in just over two months.

Texas Rare Earth Resources Corp starts drilling at heavy Round Top Project

Texas Rare Earth Resources Corp.’s primary focus is developing its Round Top Mountain rare earth—beryllium-uranium project which also includes niobium, tantalum and gallium. Round Top is located in Hudspeth County, Texas, 85 miles east of El Paso. Independently published data indicates the property may contain more than one billion metric tons of rhyolite containing rare earths with a 67% ratio of heavy to light rare earths.

Critical minerals and materials

In this article I am going to take a look at three reports covering what the US and Europe consider critical or strategic minerals and materials.

China must resume stable rare earth exports: UN

Daily Yomiuri Online reported that the World Trade Organization says China must eliminate rare earth export restrictions. Continue reading...

Elissa expands land position at Thor Rare Earth Project, Nevada

Elissa Resources Ltd. reports that it has increased its land holdings in the vicinity of its Thor heavy and light rare earth (REE) project. The Thor project is located in the eastern Mojave Desert region of Nevada, 47 miles (76 km) south of Las Vegas and 16 miles (28km) east of Molycorp Minerals’ Mountain Pass REE mine and processing facility in the neighbouring state of California.

Frontier Rare Earths provides an update on its Zandkopsdrift Rare Earth Element Project in South Africa

Frontier Rare Earths Limited is pleased to provide an update on the progress of the exploration, evaluation and development activities at its Zandkopsdrift rare earth element project in South Africa.

Underwater rare earths likely a pipe dream

Reuters reported that an underwater bonanza of rare earth deposits discovered by Japanese scientists poses little threat to miners already developing major rare earth projects on solid ground. Analysts said that companies such as Molycorp, Lynas and

GTSO: Chinese Rare Earths Output Ratio to Decrease Sharply

Chinese Official Reports Output will Fall to 60% of Global Supply SAN JOSE, Calif.--(BUSINESS WIRE)--As Green Technology Solutions, Inc. and others work to develop new sources of rare earths outside of China, Wang Caifeng, a former official at China’s

Does a Rare Earth Trade Dispute Loom?

In an exclusive interview with Rare Earth Investing News, Christopher Ecclestone mining strategist for Hallgarten and Co, shares some insight on the future trade disputes with China and the effect on rare earth mining firms.

Lynas, Siemens Form Rare Earths Joint Venture Pact

Bloomberg reported that Lynas Corp (ASX:LYC) and Siemens (ETR:SIE) have formed a joint venture in rare earth supply.

Paper Says China Has Legal, Moral Right to Curb Rare Earth Exports

Reuters reported that some Chinese media say China is within its rights to cap exports of rare earths.

Investors pile back into rare earth stocks

Stocks in heavyweight rare earth miners soared on Thursday with Molycorp adding 2.5% after trading up over 4% earlier and Lynas Corp wiping out losses it suffered on delays at its Malaysian refinery, gaining 4% on huge volumes. REE stocks are usually volatile but investors digested a lot of news this week: first there was the discovery of massive marine rare earth deposits which was quickly followed by deep scepticism, then the WTO ruled China’s export restrictions violate trade rules and now some analysts believe of the 150 listed REE projects only five will ever enter production.

Pacific Wildcat Resources Corp.: initial niobium resource estimate for Mrima Hill exceeds 1.5 billion pounds

Pacific Wildcat Resources announced the initial NI 43-101 compliant independent Niobium mineral resource estimate report for the Mrima Hill Niobium and Rare Earth Project in Kenya. The Niobium mineral resource estimate is from surface down to a maximum depth of 30 metres with 83% of the mineral resource tonnes being found in the top 20 metres.

International Lithium updates Mavis Lake project

International Lithium Corp.'s update on a Canadian rare earth metals project. Surface exploration on the Mavis Lake rare metals’ project, located 15 km Northeast of Dryden, Ontario, revealed high-grade well-evolved lithium and tantalum zonation as well as significant levels of cesium and rubidium across multiple pegmatite bodies.