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Posts from June 2010

Wednesday, June 30, 2010

BLOG: New US-based Minor Metals ETF Announced

We got word today that another company has entered into the rare metals ETF fray. Van Eck Associates Corporation, a subsidiary of Van Eck Global, a New York-based financial outfit, gave notice to the US Securities Exchange Commission of its intent to form just such an ETF. The new vehicle, called the Market Vectors Minor Metals ETF,

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NEWS: Commerce Resources Corp. Updates Exploration and Development Activities at Upper Fir Tantalum and Niobium Deposit, Blue River, BC

June 30, 2010 -- VANCOUVER, BRITISH COLUMBIA (Source: CommerceResources.com) -- COMMERCE RESOURCES CORP. (TSXv: CCE, FSE: D7H) (the Company) is pleased to provide an update on the planned and ongoing exploration and development activities for the Companys wholly owned Blue River Project, east-central British Columbia. The Blue River Property is host to the Upper Fir Tantalum and

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MEDIA: EU stakes claim on rare metals crucial to next-generation industries

List of commodities highlights vulnerability of important European supplies to political tension or shortages June 29, 2010 -- (Source: Guardian Weekly) --The European Commission is worrying about geology. Much as national governments and industry,Brussels is concerned about niobium, platinum group metals, rare earths and a dozen basic commodities. This month, after 18 months of research, the commission

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Tuesday, June 29, 2010

NEWS: Senator Murkowski Advances Federal Rare Earth Bill and Comments on Ucore's Bokan Project

June 29, 2010 -- HALIFAX, NOVA SCOTIA (Source: Marketwire) -- UCORE RARE METALS INC. (TSX VENTURE:UCU) (Ucore or the Company) is pleased to report that Senator Lisa Murkowski (R-Alaska) has introduced a federal bill addressing the impending rare earth metals supply crisis in the United States, and has commented on Ucores Bokan-Dotson Ridge heavy rare earth project

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NEWS: Forum Uranium - James Allan Appointed Rare Earth Advisor

June 29, 2010 -- VANCOUVER, BRITISH COLUMBIA --FORUM URANIUM CORP. (TSX-V: FDC) is pleased to announce the appointment of James Allan, M. Sc., P. Eng. to Forums Advisory Board. Mr. Allan has had considerable experience in the evaluation of rare earth mineral deposits during his tenure as exploration manager for Unocal/Molycorp in Canada. Jim will counsel Forum

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NEWS: Hudson Reports Initial Rare Earth Drill Results for 2010

June 29, 2010 -- VANCOUVER, BRITISH COLUMBIA (Source: Marketwire) -- HUDSON RESOURCES INC. (Hudson) (TSX VENTURE:HUD) is pleased to announce that it has completed the first phase of the 2010 drill program and has received assay results for the first 8 of 19 holes from the Sarfartoq Rare Earth Element (REE) Project in Western Greenland. Hudson completed

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MEDIA: China Rare Earth Summit Will Be Held In Beijing China, Aug.2-6 2010

June 29, 2010 --BEIJING(Source: ABN Newswire) -- China Rare Earth Industry started in 1950s, after 50 years of development and construction, remarkable achievements in resource utilization and science technology have been made. China has become the largest country of rare-earth deposits, producer, consumer and exporter. At present, rare earth products have been used in more than 30

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NEWS: Neo Material Technologies enters into automatic share purchase plan

June 29, 2010 -- TORONTO, ONTARIO (Source: CNW) -- Further to the press release dated June 2, 2010 announcing the commencement of a normal course issuer bid (NCIB), NEO MATERIAL TECHNOLOGIES INC. (Neo or the Company) (TSX: NEM) announced today that it has entered into a pre-defined plan (the Automatic Purchase Plan) with its designated broker to

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Monday, June 28, 2010

RareMetal StockChart for Monday, June 28, 2010

Company Symbol As of June28,2010 LatestPrice Change Time High Low Volume 52 Weeks Net % High Low Avalon Rare Metals AVL-T 2.200 0.010 0.46 15:59 2.270 2.170 148,195 4.240 1.490 Bolero Resources BRU-X 0.170 0.000 0.00 15:59 0.185 0.170 143,300 0.690 0.155 Cache Exploration CAY-X 0.450 0.070 18.42 12:28 0.450 0.405 5,000 0.420 0.030 Commerce Resources CCE-X

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NEWS: Ucore Uranium Inc. Changes Name to Ucore Rare Metals Inc.

June 28, 2010 -- HALIFAX,NS --UCORE URANIUM INC. (TSX VENTURE:UCU) (Ucore or the Company) is pleased to announce that its corporate name has been changed to Ucore Rare Metals Inc., as approved by the Companys shareholders at the annual and special meeting held on June 22, 2010. Effective June 29, 2010 the common shares of the Company

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NEWS: Cache Exploration Issued Pink Sheet Trading Symbol

June 28, 2010 -- VANCOUVER, BC-- CACHE EXPLORATION INC. (TSX-V: CAY) is pleased to announce that FINRA (Financial Industry Regulatory Authority Inc.) of Washington, D.C. has approved a Pink Sheet trading symbol of CEXPF for Cache Exploration Inc. (TSX-V:CAY). FINRA has also approved the member firm of StockCross Financial Services, Inc. of Jersey City, N.J. to begin

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MEDIA: I'm a Mac, I'm a PC, I Fuel Atrocities in the Congo

June 27, 2010 --(Souce: FastCompany)-- Tantalum, a refractory metal, is an exceedingly rare mineral, mostly mined in Australia. Its used in the creation of tantalum capacitors, an extremely reliable sort of capacitor, which means you can find it in many of the most high-profile electronic devices, including those from Apple and Intel. Though the majority of the

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NEWS: Multiple Anomalies identified on BC Rare Earth Prospect

June 28, 2010 -- VANCOUVER, BC (Source: Marketwire) -- BOLERO RESOURCES CORP. (the Company or Bolero), (TSX-V: BRU), (FRANKFURT: U7N1) announces that multiple scintillometer anomalies have been identified on the north east portion of its Carbonatite Syndicate Rare Earth Claim Group located 80km north east of Prince George, BC.

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Saturday, June 26, 2010

MEDIA: Southern Locations Compete for Economic Benefits of Avalon's Hydromet Plant

Thank you for the article written by Guy Quenneville of the Northern News Services Nechalacho study casts doubt on Northern plant location. Guy identifies the competitive advantages of transportation infrastructure, inexpensive energy and available skilled labour that will be key to retaining the value added processing of Avalon’s rare earths in the Northwest Territories. June 23, 2010

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RareMetalBlog Stockchart for Friday, June 25, 2010

Our Editor from Atlanta Stephanie Bugg is working on a live feed for stock updates for companies in the rare earth and rare metals industry sector that are publicly listed. We want to include our Australian sponsors Alkane Resources and Northern Uranium, which are listed on the ASX. We noticed that none of the companies listed on

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BLOG: New Presentations On Rare Earths

At the end of last month, the Institute Français des Relations Internationales [IFRI] held anEnergy Breakfast Roundtable in Brussels, Belgium, and featured a seminar titled Rare Earths - Strategic inputs to Sustainability with Jim Hedrick, formerly of the USGS and now with Hedrick Consultants Inc, and Christian Hocquard, an economist with BRGM. Both speakers gave substantial presentations

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Thursday, June 24, 2010

RareMetalBlog StockChart for Thursday, June 24, 2010

Company Symbol As of June24,2010 LatestPrice Change Time High Low Volume 52 Weeks Net % High Low Avalon Rare Metals AVL-T 2.200 -0.050 -2.22 15:59 2.260 2.150 132,673 4.240 1.490 Bolero Resources BRU-X 0.170 0.010 6.25 12:49 0.170 0.155 11,177 0.690 0.160 Cache Exploration CAY-X 0.380 -0.030 -7.32 15:44 0.400 0.370 13,000 0.420 0.030 Commerce Resources CCE-X

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MEDIA: Australian PM’s fall casts doubts on mining tax

June 24, 2010 -- VANCOUVER, CANADA (Source:Globe and Mail) -- A shakeup of power in Australia on the heels of a plan to sharply hike resource taxes will make other countries think twice before targeting industry to shore up government coffers. Australian prime minister Kevin Rudd, who shocked the mining world last month with his Resource Super

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JP Morgan Initiates Coverage of LYNAS Today.

June 24, 2010 - JP Morgan Initiates Coverage of LYNAS today -- click here: Download LYC 062410

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NEWS: Cache Exploration Update on the Welsford REE Properties

June 24, 2010 -- VANCOUVER, BRITISH COLUMBIA (Source: TheNewswire.ca)-- CACHE EXPLORATION INC. (TSX-V: CAY) is pleased to provide an update to the 2010 work program on the Welsford REE Properties in New Brunswick. Dr. David Lentz, P.Geo. is a Qualified Person as described in National Instrument 43-101 and is responsible for the technical information contained in this

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NEWS: Tasman's rare earth element focus supported by European Commission statements on metal supply security

Jun 24, 2010 -- VANCOUVER, BRITISH COLUMBIA(Source: CNW) -- TASMAN METALS LTD. (Tasman or the Company) TSXV - TSM; Frankfurt - T61 - Pink Sheets - TASXF. Mr Mark Saxon, President and CEO, highlights recent European Commission statements on metal supply security for Europe from the recently completed European Minerals Conference in Madrid, Spain. These statements support

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MEDIA: Gillard Breaks With Tax Policies That Doomed Rudd

June 24, 2010 -- Australia(Source: Bloomberg) - - Julia Gillard began her job as Australia’s first female prime minister by promising to smooth relations with mining, its biggest industry. The 48-year-old Wales-born lawyer took office yesterday after ousting Kevin Rudd, whose slump in opinion polls threatened to make their Labor Party the nation’s first one-term government in

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NEWS: Great Western Minerals Group Extends Expiry Dates of Warrants and Debenture

(NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES) June 24, 2010 -- SASKATOON, SASKATCHEWAN (Source: Marketwire) -- GREAT WESTERN MINERALS GROUP LTD. (TSX VENTURE:GWG) (OTCQX:GWMGF) (PINK SHEETS:GWMGF) (GWMG or the Company) announced today that it has extended the expiry date of an aggregate of 750,000 common share purchase warrants

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MEDIA: Rare U.S. jobs

June 23, 2010 -- (Source:Ketchikan Daily News) -- Sen. Lisa Murkowski has proposed legislation that would bring jobs home. When we say home, we mean the Ketchikan area. With all of the jobs exported these days (check your closet to find even one item of clothing made in the good old U.S.A. and itll be difficult to

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MEDIA: Rivals in Scramble to Control Rare Metals

June 23, 2010 -- CHINA (Source: South China Morning Post) -- Imagine being a superpower and the effectiveness of your main battle tank depended on a metal that can only be obtained from a potential superpower rival. Strange but true. The United States is in precisely this situation. The M1A2 Abrams tank has a navigation system that

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MEDIA: Gillard Takes Australia Leadership After Rudd Resigns

June 24,2010 -- (Source:Bloomberg) -- Julia Gillard will become Australia’s first female prime minister after ousting Kevin Rudd following a slump in his approval ratings and a clash with the resources industry over a plan to increase taxes. Gillard, 48, will be sworn in at 12:30 p.m. after challenging Rudd for the leadership late last night. Welsh-born

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Wednesday, June 23, 2010

RareMetalBlog Week in Review June 18 - June 23

This week Gareth Hatch brought us Another Dimension To The Afghanistan Story. He spoke to the the esteemed Dr. Dave Trueman about the last 60 years of the Afghanistan mineral history... As Dr. Trueman says, Maybe Afghanistan will have a mining future after all. Tracy selected Aussie firm builds rare earth plant in Kuantan as the debate

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RareMetalBlog StockChart for Wednesday, June 23, 2010

Company Symbol As of June23,2010 LatestPrice Change Time High Low Volume 52 Weeks Net % High Low Avalon Rare Metals AVL-T 2.250 0.000 0.00 15:59 2.400 2.200 268,361 4.240 1.490 Bolero Resources BRU-X 0.160 -0.010 -5.88 15:08 0.165 0.160 21,700 0.690 0.160 Cache Exploration CAY-X 0.410 0.005 1.23 14:22 0.410 0.370 48,000 0.420 0.030 Commerce Resources CCE-X

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MEDIA: Defense Industry’s Help Needed To Avert Rare Metals Supply Crisis

June 23, 2010 -- (Source: National Defense Magazine) -- Just as the Defense Department and its suppliers worry about dependence on foreign oil, they also must be concerned about growing needs — and potentially declining supplies — of rare earth metals. Rare earth materials are used in commercial and military systems for their magnetic and other unique

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MEDIA: North America Doesn't Need China's Rare Earths

June 21, 2010 -- (Source: The Gold Report)-- Everybodys talking about rare earth elements (REEs), but does anyone truly understand them? With nearly 50 years in the industry, independent Metals Consultant Jack Lifton sure does. The educational powerhouse in this burgeoning space returns to The Gold Report with a look toward future trends and a plan to

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Tuesday, June 22, 2010

BLOG: RESTART Act: Counterpart Legislation Introduced Into US Senate

According to a news release on her Web site, earlier today US Senator Lisa Murowski [R-AK] introducedThe Rare Earth Supply Technology and Resources Transformation [RESTART] Act into the Senate for consideration [update on June 23, 2010 - the resolution is number S 3521]. This is a companion bill to the one that was introduced by US RepresentativeMike

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MEDIA: Uranium mining guzzles Australia’s precious groundwater

June 17, 2010 -- AUSTRALIA (Source: Annitnuclear.net) -- Water from the Great Artesian Basin in Central Australia is being depleted to keep residual radioactive dust from uranium mining wet in order to keep it from blowing across the continent. Seven million gallons of water is being extracted from the basin per day to keep the radioactive dust

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RareMetalBlog StockChart for Tuesday, June 22, 2010

Company Symbol As of June22,2010 LatestPrice Change Time High Low Volume 52 Weeks Net % High Low Avalon Rare Metals AVL-T 2.250 -0.230 -9.27 15:59 2.530 2.230 441,521 4.240 1.490 Bolero Resources BRU-X 0.170 0.000 0.00 09:44 0.170 0.170 3,000 0.690 0.160 Cache Exploration CAY-X 0.405 -0.005 -1.22 12:42 0.420 0.405 35,000 0.410 0.030 Commerce Resources CCE-X

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NEWS: Matamec Closes a Private Placement With the MineralFields Group

June 22, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- MATAMEC EXPLORATIONS INC.(Matamec) (TSX VENTURE:MAT) is proud to announce the completion of a private placement with the MineralFields Group for gross proceeds of $840,000 consisting of a total of 4,200,000 flow-through units at a price of $0.20 per unit. The private placement closed on June 21, 2010. Each

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BLOG: Rare Earth Minerals - Rare Opportunity?

June 22, 2010 -- (Source:huffingtonpost.com) -- When President Obama became the most recent American leader to lay out a plan for energy independence, he listed the perils of maintaining our dependence on imported oil: bankrolling dictators, paying for nuclear proliferation, funding terrorism... Last week, against the backdrop of a seemingly never-ending stream of oil gushing into our

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BLOG: Aussie firm builds rare earth plant in Kuantan

June 22, 2010 -- I decided to use Anil Noel Netto, a Malaysian journalists blog this morning titled Aussie Firm Builds Rare Earth Plant in Kuantan. Please note that the content may or may not reflect our editorial staff. The reason we selected this content as the debate on speed to market and end user contracts should

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Monday, June 21, 2010

RareMetalBlog StockChart for Monday, June 21, 2010

Company Symbol As of June21,2010 LatestPrice Change Time High Low Volume 52 Weeks Net % High Low Avalon Rare Metals AVL-T 2.480 -0.170 -6.42 15:57 2.760 2.480 341,730 4.240 1.490 Bolero Resources BRU-X 0.170 0.000 0.00 15:39 0.170 0.170 25,500 0.690 0.160 Cache Exploration CAY-X 0.410 0.080 24.24 11:19 0.410 0.380 16,000 0.400 0.030 Commerce Resources CCE-X

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NEWS: Cache Expands Louil Hills Rare Earth Property

June21, 2010 -- (Source: PR-Canada) -- CACHE EXPLORATION INC. (TSX VENTURE:CAY) is pleased to announce that the Company has commenced a 2010 work program on the Louil Hills REE Property in Newfoundland. The program is being conducted under the guidance of Dr. David Lentz, P.Geo., a director of Cache. Dr. Lentz has completed a detailed review of

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NEWS: Avalon's Prefeasibility Study on the Nechalacho REE Deposit, Thor Lake, NWT, Confirms Positive Economics

June 21, 2010 -- TORONTO, ONTARIO (Source: Marketwire) -- AVALON RARE METALS INC. (TSX:AVL)(OTCQX:AVARF)(PINK SHEETS:AVARF) (Avalon or the Company) is pleased to announce the results of a positive Prefeasibility Study (PFS) on the Nechalacho Rare Earth Elements (REE) deposit, Thor Lake NWT, Canada (the Project).The PFS was completed by independent consultants Scott Wilson Roscoe Postle Associates Inc.

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RareMetalBlog StockChart for June 18, 2010

Company Symbol As of June18,2010 - GlobeInvestor LatestPrice Change Time High LatestPrice Net Change 52 Weeks Net % High Low Avalon Rare Metals AVL-T 2.650 -0.140 -5.02 15:59 2.760 2.510 361,227 4.240 1.490 Bolero Resources BRU-X 0.170 0.000 0.00 15:57 0.180 0.160 63,500 0.690 0.160 Cache Exploration CAY-X 0.330 -0.020 -5.71 14:44 0.400 0.330 25,000 0.400 0.030

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Friday, June 18, 2010

BLOG: Another Dimension To The Afghanistan Story

Earlier this week, the esteemed Dr. Dave Trueman shared this rather interesting reminiscence with me, following the news that valuable minerals were recently found in Afghanistan. Im sharing it here with his blessing...Back in the late 1970s and early 1980s Afghan rebels were selling gemstones at the annual Gem Mineral Show in Tucson, Arizona, to buy weapons

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MEDIA: EU to step up raw materials 'diplomacy'

June 18, 2010 -- (Source: Euractiv) -- An EU expert group has identified 14 raw materials seen as critical for EU high-tech and eco-industries and suggested that the European Unions global diplomacy should be geared up to ensure that companies gain easier access to them in future.

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NEWS: Northern Uranium to purchase John Galt Rare Earths Project

June 18, 2010 -- (Source: Proactive Investors (AU) )--NORTHERN URANIUM(ASX: NTU) has completed due diligence and signed a formal sale and purchase agreement with Arnhem Resources Pty Ltd for the Option to purchase the John Galt project under the terms announced on 9 April 2010.

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Thursday, June 17, 2010

Week in Review June 10 - June 17

This week has been a busy week in the national news about the Afghanistan rare mineral find. Although, the reality of mining even being a possibility in Afghanistan is far in the future, we got great exposure in the news about rare earths and their use in the pursuit of green energy. Ian London wrote about some

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NEWS: Matamec Evaluates its Potential Rare Earths-Yttrium and Zirconium Markets and Investigates the Possibility to Be a Potential Supplier of Strategic and Green Metals

June 17, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- MATAMEC EXPLORATIONS INC. (Matamec) (TSX VENTURE:MAT) is proud to announce that it has decided to investigate the possibility to be a potential source of low-production cost and environmentally friendly strategic and green metals, such as rare earths-yttrium and zirconium. In this context, Matamec continues exploration of its Kipawa

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Wednesday, June 16, 2010

BLOG: Lightbulb made up of LEDs, Solar Cells and NiMH battery -- That's Green

Okay… Some days all the pieces come together -- LEDs, solar panels and a Nickel Metal Hydrid Battery… A car you say! Better yet – a light bulb. As reported on by Tim Hornvak on Crave, CNET’s CRAVE gadget blog (June 14th), Hong Kong-based Nokero has introduced what it bills as the worlds only solar-powered lightbulb with

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Tuesday, June 15, 2010

BLOG: Ready? Set?... Are we really ready to go?

The has been a ton written and spoken about the evolving ‘green energy economy’, the unique characteristics and growing number of applications requiring the rare earth elements and rare metals in general, and the growing demand for new rare metal supply options. Last nights PBS Newshour broadcast produced by Kira Kay eloquently captured the essence of the

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NEWS: Stans Energy Receives $2,000,000 by Warrant Exercise

June 15, 2010 -- TORONTO, ONTARIO (Source: Marketwire)-- STANS ENERGY CORP (Stans or the Company) (TSX VENTURE:RUU) announces that it has received proceeds of $2,000,000.00 from the acceleration of warrants held by shareholders who purchased in a previous financing which closed December 1, 2009. On May 1, 2010, the 20 day volume weighted average price (VWAP) of

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BLOG: Afghan Lithium and Other Mineral Nonsense

June 15, 2010 -- (Source: Seeking Alpha by Jack Lifton) -- Set your stop (common sense) watches!Ill bet that there is an Afghan Minerals, Inc (or Ltd) or an Afghan Minerals Fund (or trust) by the end of the week if not sooner listed on an American secondary exchange and surely in Toronto, Vancouver, Sydney, and Frankfurt...The

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Monday, June 14, 2010

MEDIA: PBS Newshour Airs Segment on Scarcity of Rare Earths

Earlier tonight, PBS aired a ten minute segment on rare earths, on its Newshour with Jim Lehrer program. The program covers pretty much all of the angles when it comes to the subject. Check out the video: -- Gareth Hatch

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