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Posts from October 2009

Thursday, October 29, 2009

NEWS: Great Western Minerals Group Continues Work at Benjamin River

October 29, 2009 (Source: Marketwire) - Great Western Minerals Group Ltd. (TSX VENTURE:GWG)(PINK SHEETS:GWMGF) (GWMG or the Company) is pleased to announce that the next phase of exploration work is now in progress at its Benjamin River rare earth project in New Brunswick, Canada. Fugro Airborne Surveys Corp. completed a 1712 line-km helicopter-borne magnetic and radiometric survey

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Wednesday, October 28, 2009

BLOG: While Hybrid Buses are becoming the norm… What’s an UltraCap Bus?

Micheline Maynard, a senior business correspondent for The New York Times wrote the other day “If you wonder whether hybrid-electric vehicles will ever catch on, simply ask one of the millions of people who ride in them every day. Hybrid-electric buses, that is.” Apparently transit systems from New York to Taipei are adding hybrid buses at a

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BLOG: A Plan to Power 100 Percent of the Planet with Renewables

“Wind, Water and Solar technologies can provide 100 per cent of the world’s energy, eliminating all fossil fuels”... Now there’s a rather bold prophecy In their article in the November 2009 edition of Scientific American, Mark Jacobson and Mark Delucchi, outline such a scenario and its implications in advance of December’s upcoming Copenhagen Climate Conference at which

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Tuesday, October 27, 2009

NEWS: Quest Uranium Corporation Completes $6.3 Million Private Placement

October 27, 2009 (Source: Marketwire) - Quest Uranium Corporation (TSX VENTURE:QUC) is pleased to announce that it has completed its previously-announced private placement by issuing an aggregate of 2,737,456 units to accredited investors at a price of $2.30 per unit, for aggregate gross proceeds to Quest of $6,296,148. Each unit is comprised of one common share and

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MEDIA: Lithium outlook bright with auto electrification

October 27, 2009 (Source: Reuters) -Demand for lithium should ramp up over the next decade to produce the lithium-ion batteries needed to power the next generation of electric and electric hybrid vehicles. I think that the future of transportation and energy is in electrification and smart grids. For electrification to really take place, you need a number

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NEWS: Great Western Minerals Group Closes Books for Special Warrant Financing With Modified Terms

October 26, 2009 (Source: Marketwire) - Great Western Minerals Group Ltd. (TSX VENTURE:GWG)(PINK SHEETS:GWMGF) (GWMG or the Company) announced today that it has decided to reduce the size and terms of its offering of special warrants of the Company (Special Warrants) by way of private placement (the Offering), which was previously announced on October 15, 2009. The

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Monday, October 26, 2009

MEDIA: Toshiba targets rare metals deal in Kazakhstan

October 26, 2009 (Source: Financial Times) - Japanese companies, urged on by their government, are racing to secure supplies of rare metals and rare earth elements that are vital to many technology products. By the end of the year Toshiba aims to agree a deal with Kazatomprom, the national uranium company of Kazakhstan, to extract rare metals

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Saturday, October 24, 2009

MEDIA: China Plans Major Climate Change and Cleantech Initiative

As China prepares for the next round of United Nations Global Climate Change talks in Copenhagen scheduled for December 7th, one of the directors of Chinas National Economic Research Institute (NERI) has been speaking this week in Toronto. An article in the Financial Post dated October 23, 2009 describes some of theses talks. Of particular interest is

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MEDIA: "Gary Billingsley In Washington"

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MEDIA: "Jack Lifton With John Kaiser"

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MEDIA: "Jack Lifton With Dave Truman"

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MEDIA: "Jack Lifton In Washington" Part 2

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MEDIA: "Jack Lifton In Washington" Part 1

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Friday, October 23, 2009

BLOG: Bubble Debate on Investment Opportunities in Critical and Strategic Metals Panel Debate in DC

“Canada is China with resources, less 1.27 billion people than us (Americans)…fortunately for us…we need to recognize Canada’s resources.” – Jack Lifton, Chairman Critical Strategic Metals Conference in Washington, DC For starters I would like to thank Jack Lifton and the Infocast coordinators Lorelei Leslie and Sara Niss for inviting me to participate in the panel: Investment

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MEDIA: Murkowski: Increase Domestic Production of Rare Earth Minerals

October 19, 2009 (Source:Roll Call) - Clean energy technologies face a range of obstacles. The credit crunch has slowed capital investment, disputes have arisen over which lands are suitable for infrastructure, and the electric grid has sometimes proved incapable of handling new generation. Over the long run, however, our most difficult challenge may be our most fundamental:

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Thursday, October 22, 2009

NEWS: Great Western Minerals Group Engages Barr Engineering to Update Hoidas Lake Technical Report

October 22, 2009(Source: Marketwire)-- Great Western Minerals Group Ltd. (“GWMG” or the “Company”) is pleased to announce it has engaged Barr Engineering Company (“Barr”) of Minneapolis Minnesota to update the 43-101 Technical Report for the Company’s Hoidas Lake Project. Barr is an employee-owned engineering and environmental consulting company involved with the development, management, and restoration of natural

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Tuesday, October 20, 2009

NEWS: Quest Uranium Corporation Announces Expected Closing Date for $7 Million Private Placement

October 20, 2009 (Source: Marketwire) - Quest Uranium Corporation (TSX VENTURE:QUC) announces that the closing of its previously-announced $7 million private placement is expected to be held on October 27, 2009. It is expected that the private placement will be fully subscribed. Quest also announces that the exercise price of the common share purchase warrants included in

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Managing Supply Chain Risks for Critical Metals & Strategic Metals

The RareMetalBlog will be following the Critical Strategic Metals Conference in Washington, DC, and updating regularly with blogs and media. Supply chains are only as strong as their weakest link. Thousands of electronics, aerospace, military, automotive, cleantech and renewable energy technologies rely on a range of specialty metals for which there is often no substitute. The supply

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NEWS: Rare Element Begins a Scoping Study on Rare-Earth-Element Potential at Bear Lodge and Updates the Exploration Status

October 20, 2009 (Source: CNW) - Rare Element Resources Ltd. (TSX-V: RES) (Rare Element or the Company) is pleased to announce that it has engaged the services of some of the top technical professionals in their fields of expertise with Ore Reserves Engineering (resource estimation), John T. Boyd Company (mining engineering), Knight Piesold (geotechnical engineering), Mountain States

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There Really is a Periodic Table

As I was sitting at the airport this morning, waiting to board my flight to Washington DC to attend the Managing Supply Chain Risks for Critical Strategic Metals Conference for the next couple of days, I come across Ann Spence’s short piece in Ceramics Tech Weekly (Oct8th)… and had to share it with you. I occasionally receive

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Saturday, October 17, 2009

BLOG: In-Depth Interview with Molycorp's Mark Smith

Earlier this week, Clint Cox of The Anchor House, Inc. published Part 1 an interview with Mark Smith, CEO of Molycorp Minerals, LLC. It contains quite a bit of information on the history of Molycorp, which Im not sure was previously in the public domain. Particularly interesting is Mr. Smiths discussion on the formation of the current

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Friday, October 16, 2009

BLOG: Europe Plans 53 Billion Euro Boost for Renewable Energy - Investing in the future:

… and some of us thought that the Danes already had a lead in the wind turbine business and the Germans in solar power. In a press release out of Brussels on Oct 7th, “The European Commission has called upon public authorities, business, and researchers to join efforts in order to develop by 2020 the necessary technologies

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Thursday, October 15, 2009

NEWS: Avalon Recruits V.P. Operations to Advance the Nechalacho REE Deposit, Thor Lake, NWT

October 15, 2009 (Source: Marketwire) - Avalon Rare Metals Inc. (the Company or Avalon) (AVL:TSX; AVARF:OTCQX) announced today that the Company has hired Mr. David Swisher as Vice President, Operations to lead the advancement of its Nechalacho Rare Earth Element Project, Thor Lake, NWT through development to production. Mr. Swishers initial responsibilities will be to collaborate with

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NEWS: Great Western Minerals Group Announces $10 Million Special Warrant Financing

October 15, 2009 (Source: Marketwire) - Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) (GWMG or the Company) is pleased to announce that it has entered into an engagement letter (Engagement Letter) with Pope Company Ltd. (the Agent), to complete an offering of Special Warrants by way of private placement (the Offering). The Agent has been

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NEWS: Quest: B-Zone Drilling Expands Resource Potential, Identifies New REE Mineralization Below Previously-Reported Holes, Strange Lake Project, Quebec

October 15, 2009 (Source: Marketwire) --Quest Uranium Corporation (TSX VENTURE:QUC) is pleased to report that additional assay results from diamond drilling of their B-Zone rare earth element (REE) deposit (see Press Release : September 23, 2009, Figure 1) continues to firm up the significant resource potential of the zone. Quest has now received strong REE drill assay

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Wednesday, October 14, 2009

MEDIA: Abundant in Inner Mongolia

October 8, 2009 (Soure: The Economist) - China has cornered the market in some indispensable minerals WHAT do smart bombs, euro banknotes and headphones have in common? They all contain “rare earths”: 17 obscure chemical elements, sales of which add up to less than $2 billion each year. But without them, industries worth trillions of dollars would

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BLOG: REEs help lower the temperature of SOFCs

According to Tina Casey, in her article to Gas2.0 titled Mystery Ceramic Could Lead to Cheaper, Stronger Hydrogen Cells(Oct12th), They dont know how it works, but it does. The it is... Barium-Zirconium-Cerium-Yttrium-Ytterbium Oxide... or as Casey has simplified it- BZCYYb. Okay, let metake a mini-step back. SOFCs -- Solid-oxide fuel cells -- generate an electrical current by

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Tuesday, October 13, 2009

NEWS: Rare Element Identifies High-Potential Whitetail Ridge Rare-Earth Target

October 13, 2009 (Source: Marketwire) - Rare Element Resources Ltd. (TSX VENTURE:RES) (the Company) is pleased to announce the identification of an additional rare-earth-element (REE) target area approximately 1500 feet northwest of the Bull Hill Southwest deposit at the Bear Lodge project, Wyoming. The Company designates this area as the Whitetail Ridge rare-earths exploration target, and it

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BLOG: US DoD to assess risks to its rare earth materials supply chain

It seems that the resourcing, processing capability, relaibility and security of its rare earth supply chainhas reached the US Administrations rader screen, at least in one Branch. Mid last week, Oct 8th, Congress effectively approved the following text in the National Defense Authorization Act for Fiscal Year 2010... specifically, Section 843: Report on rare earth materials in

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Monday, October 12, 2009

MEDIA: LANL’s high-temperature REE-enhanced superconducting tape

The RareMetalBlog covers a broad range of dimensions related to rare metals… fromresource developments, their applications, related material science discoveries, the geopolitics of supply chain, and the players that bring them together. On occassions, it alsoprovidesupdates onrecent developments inproduction processing. This week’s Ceramic Tech Today (Oct 7th), the web-based Ceramics Materials, Applications and Business Blog of the

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Saturday, October 10, 2009

BLOG: Mitsubishi installs world’s largest high-definition LED display

There are some mornings when all one is interested in is a bit of trivia. This morning’squick notefalls into therecent rare earth applications – huh!!’ catagory. As reported on a number of sites, in this instance, quoted from a posting on Ixplora,com. “Mitsubishi Electric gained yet another entry in the Guinness World Records book with the recognition

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Friday, October 09, 2009

BLOG: US Geological Survey finds global rare earth metals reserves currently sufficient to meet needs

Dorothy Kosich, Deputy Editor and Americas Editor for Mineweb, posted the above-titled article this morning, to which it is difficult to challenge the opening premise --that while New technology applicationshave yet to be discoveredand that Although China now enjoys a global monopoly on rare earth metals and manufacturing systems, the USGS says plenty of global reserves and

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NEWS: Great Western Minerals Group Verifies Heavy Rare Earth Grades at Douglas River

October 8, 2009 (Source: Marketwire) - Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) is pleased to announce the results of a recent trench sampling program at its 100%-owned Douglas River project in northern Saskatchewan. The work program focused on locating the original trenches on the property excavated by Saskatchewan Mining Development

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NEWS: Quest Announces New $7 Million Private Placement

October 8, 2009 (Source: Marketwire)-Quest Uranium Corporation (TSX VENTURE:QUC) announces that it has signed an engagement letter with Pope Company Ltd. and MGI Securities Inc. to act as co-lead agents for a private placement by Quest of up to $7 million. Quest will issue up to 3,043,500 units at a price of $2.30 per unit. Each unit

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Thursday, October 08, 2009

MEDIA: Less Common Metals

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BLOG: LEDs light up today’s televisions

Just as I started to get used to the TV terms – ‘ flat screens’, ‘plasma’, let alone ‘PVRing’, Several months ago, Samsungs first “Edge-lit LED LCD displays” hit stores. Insofar as customer or audience (how about government) reaction, some of you may know that the new format (more the branding of such) sparked a controversy in

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Wednesday, October 07, 2009

MEDIA - The Rare Earth Metal's Shortage

October 7, 2009 (Source: Forbes) - America has a new dependency and it is not Middle East oil. It is instead several arcane metals known as rare earth elements (REE). I recently completed a due diligence trip to a new Discovery company of interest. Today I write on my experience with Avalon Rare Metals. Rare earth metals

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BLOG: Magnetics 2010 --> Rare Earths and Magnets Clearly Connected

I’m not one who generally seeks attention and Im certainlymore comfortable behind the scenes -- although my wife, kids and okay, a couple of friends may argue differently. They’ve misread me, of course. Seriously, I applaud the organizers of Magnetics 2010 and the magnet industry as a whole, for profiling the growing interest in,risks and solutions around,

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MEDIA: Rare-earth metals: The new China syndrome

October 7, 2009 (Source: Canadian Business) - Few Canadians will admit to hankering for yttrium, terbium or dysprosium; fewer still could tell the differences between them. But among manufacturers that rely on these and other rare-earth metals to build everything from mobile phones to flat-screen televisions, they are vital. And so, when a draft report recently made

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BLOG: Dow sees huge market in CIGS solar shingles

While scientists, engineers and manufacturers continue to work to improve the efficiencies related to CIGS Solar technology, efficiencies related to both the conversion of light into electricity andproduction quality (initiatives that are a bit over my head at times), Dow Chemical is putting the technology into practice... which willeventually be over many of our heads. Seriously, Matt

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Tuesday, October 06, 2009

MEDIA: Critics blast $3M mining handout

October 10, 2009 (Source) - The primary owners of Colorado-based Molycorp are Goldman Sachs and the private equity firms Pegasus Partners and Resource Capital Funds. Goldman received $10 billion in bailout funds last October and has since paid the money back. But now Molycorp plans to combine $3 million in federal money with $20 million in private

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MEDIA: Keeping an eye towards Belledune's future

October 6, 2009 (source: The Northern Light) - An economic recession hasnt made Andy Flanagans job any easier but he feels hes on the right track. On Sept. 15, 2008, Mr. Flanagan was officially hired as the economic development officer for the Village of Belledune. It was a bit of a kick in the pants – the

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Monday, October 05, 2009

MEDIA: Greenland challenge to Chinese over rare earth metals

October 3, 2009 (Source: The Times) - An obscure, desolate plateau on the southwestern shores of Greenland could transform the future of consumer technology and shift the balance of power in the global supply of rare earth metals. The treasure trove beneath the rocks and ice of the Ilimaussaq Intrusion represents the world’s largest known reserve of

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NEWS: Rare Element acquires Eden Lake REE Project, to file Form 20F

October 5, 2009 (Source: CNW) - Rare Element Resources Ltd. (TSX-V: RES) (the Company) is pleased to announce that it has signed a letter of intent to acquire 100% of the Eden Lake Rare Earth Elements (REE) project from VMS Ventures Inc. (VMS ). VMS optioned the project in 2001 and has explored the project for REEs

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MEDIA: Why All the Fuss over Rare Earths?

October 2, 2009 (Source: Financial Source Editorial) - Rare earth elements (REEs) have been the mystery metals of the mining world for years. Now, suddenly, everyone’s heard about them. Before we delve into the reasons behind all the publicity, here’s the basic skinny on REEs: One, they are rare, at least sort of. Two, they are indispensable

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Friday, October 02, 2009

MEDIA: France Launches “Battle of the Electric Car”

While in North America there is a sceptical view by many of the potential for widespread use of electric cars, in parts of the world where gasoline is expensive plans are moving ahead. Through our DealFlow television series (www.dealflowtv.com) we have seen plans for adoption of electric cars and infrastructure investment in both Denmark and Israel for

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BLOG: The Beginning Of The End For Rare Earth Permanent Magnet Motors?

Okay, okay, so maybe Im exaggerating just a little... but if the news from Japan today is anything to go by, perhaps were not far off. According to a report at TradingMarket.com, Japans Daikin Industries has teamed up with Professor Shigeo Morimoto from Osaka Prefecture University, to create an electric motor that produced high torque from hard

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Thursday, October 01, 2009

MEDIA: Toronto show: It's so heavy

September 30, 2009 (Source: Stockhouse) - Sandwiched in between next week’s New Orleans Investment Conference and last week’s Spokane Silver Summit, Cambridge House in Toronto provided evidence (a rarity among junior miners) about prospectors’ most promising trenches. Topic mentioned most at cocktail parties and on panels? Those streaking shares of rare-earth element companies (germanium, rubidium, dysprosium and

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