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Latest Stories

Monetizing monazite

Global supplies of rare earth elements have been threatened ever since China imposed export quotas in mid-2010. In the aftermath, increased attention was drawn to potential producers like MolyCorp and Lynas Corporation, while the sector was viewed in need of a savior outside of China. Among the juniors aiming to join the fray, Medallion Resources has proposed a unique strategy to gain low-cost production in the very near term.

Namibia Rare Earths announces resource drilling program and geophysical surveys underway at Lofdal

Namibia Rare Earths (TSX: NRE) is pleased to announce that a 6,000 meter diamond drilling program has started with two drill rigs focused on the delineation of a first mineral resource from Area 4 on the Lofdal Rare Earth Project in northwestern Namibia. Concurrent with the drilling program, an induced polarization geophysical survey will be undertaken over prospective extensions of the favourable heavy rare earth-enriched structure emanating from Area 4. The drilling program is scheduled to be completed by the end of April with delivery of the NI 43-101 compliant mineral resource report in the third quarter of 2012.

Elissa Resources Commences Drilling at Thor Rare Earth Project, Nevada

Elissa Resources ("Elissa" or the "Company") (TSX VENTURE:ELI)(OTCQX:ELSRF)(PINKSHEETS:ELSRF) reports that drilling has commenced at its 100%- owned Thor heavy and light rare earth element (REE) project in Nevada. Multiple diamond core drill holes will initially target the Lopez Trend, a 1.6-mile (2.6-km) long REE-bearing monazite structure that is coincident with a prominent magnetic anomaly.

German mine for rare earths to be developed

German mining and commodity group Deutsche Rohstoff AG said on Wednesday it will develop mining operations in east Germany to exploit estimated deposits of 38,000 tonnes of rare earths.