Rare Earth Elements News

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Candorado Signs Agreement to Buy Mineral Claims in Carbo Rare Earth Element Property, BC

Candorado Operating Company Ltd. (TSX VENTURE:CDO) (FRANKFURT:HQU) (BERLIN:HQU) has announced today, subject to TSX Venture Exchangeapproval, that it has entered into an agreement with a private vendor to earn a 100% interest in certain mineral claims, approximately 1,370 hectares in size, situated in the vicinity of the Canadian International Minerals Ltd. Carbo rare earth elements prospect located in the Wicheeda Carbonatite Belt, north of Prince George, BC.

24 Nov 2010

Texas Rare Earth Resources Analyzes Samples from Round Top Mountain

Texas Rare Earth Resources Corp. (Pink Sheets: SDSR) is currently in the process of analyzing samples from approximately 82,000 feet of drilling completed in 1986-1987 at Round Top Mountain and surrounding areas in Hudspeth County, Texas by Cypress Minerals and Cabot Corporation.

24 Nov 2010

China Cracks Down on Illegal Mining of Rare Earths

The Chinese have cracked down on illegal mining activities of rare earth elements (REE). The Ministry of Land and Resources began a cleanup campaign on a national level to sort out illegal mining of REEs. This had led to some panic that the supply of the REEs would get affected.

22 Nov 2010

Growing Concern from Europe on Future Supply of Raw Materials

The European Union is seeing the shortage of raw materials as a major risk for the global economy as demand begins to exceed supply. European Union trade chief Karel De Gucht said that no country possessed all the raw materials that it needed.

21 Nov 2010

U.S. Rich in Rare Earth Elements

China may have competition from the U.S. as a supplier of Rare Earth Elements (REE). The fact that China is currently the world’s largest supplier of Rare Earth Elements with more than 90% of market share was brought home drastically when it put a temporary ban on the export of these minerals some weeks ago.

21 Nov 2010

Bolero Resources Buys 67 Mineral Claims in Carbo Area, British Columbia

Bolero Resources Corp., (TSX VENTURE:BRU), (PINK SHEETS:BRUZF), (FRANKFURT:U7N1) has announced the acquisition of 67 mineral claims covering over 76,801 acres of land prospective for Rare Earth Elements in the "Carbo" area of northeastern British Columbia.

19 Nov 2010

Paget Minerals Signs Option Agreement to Buy Stake in Mt. Bisson and Xeno Rare Earth Properties

Paget Minerals Corp. (TSX VENTURE:PGS) today announced that it has signed an option agreement with Seymour Ventures Corp. (TSX-V:SEY) whereby Seymour can acquire a 60% interest in Paget's Mt. Bisson and Xeno rare earth element properties.

19 Nov 2010

Rare Element Resources Uses Net Proceedings from Offering for Work Program at Bear Lodge Deposit

Rare Element Resources Ltd. (TSX-V: RES and AMEX: REE) has announced that it has filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada, except Québec, in connection with a fully marketed public offering in Canada with a concurrent private placement in the United States to raise aggregate gross proceeds of up to C$50 million on a best efforts basis with a syndicate of agents.

From Rare Element Resources Ltd. 19 Nov 2010

Frontier Rare Earths Uses Public Offering Net Proceedings to Advance Zandkopsdrift Project in South Africa

Frontier Rare Earths has announced today the completion of its initial public offering of 17,650,000 units of Frontier at a price of C$3.40 per unit for aggregate gross proceeds to Frontier of C$60,010,000.

18 Nov 2010

Elissa Resources Encounters Several REE Mineralization at Thor REE Project

Elissa Resources reports that extensive surface exploration on its 100% owned Thor REE Project has defined several strongly anomalous REE bearing discovery zones, all of which are large enough and rich enough to constitute targets of significant exploration interest.

17 Nov 2010