Silver Grail Resources Ltd. (TSX VENTURE:SVG) (FRANKFURT:KD7) has announced that it has entered into an agreement to purchase the rare earth Major Hart property located 90km northeast of Dease Lake, BC.
Rare earth elements or rare earth metals are giving most nations nightmares. The alarm over China's decision to cut down on shipments of these critical metals has spread globally as countries scramble to find alternative supplies by developing new mines around the world. China dominates the production of these metals with a 97% share in the global market.
Bolero Resources Corp. (TSX VENTURE:BRU), (FRANKFURT:U7N1) has announced the acquisition of 13 mineral claims covering over 11,620 acres of lands highly prospective for Rare Earth Elements and previously owned as part of Spectrum Mining Corporation's "Wicheeda" Rare Earth Element discovery.
Rare Element Resources Ltd. (TSX-V: RES and AMEX: REE) has announced the completion of a bulk sample collection program at the Company's 100% owned Bear Lodge rare earth element and gold property, located in northeastern Wyoming.
Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) has reported that it will add 1,500 metres (six holes) to the already 3,000 metres drilled this year at its Eldor Rare Earth Project located in northeastern Quebec. The expanded program has been driven by the discovery of significant intersections of rare earth elements announced earlier this year.
Texas Rare Earth Resources Corp. (Pink Sheets: SDSR), formerly Standard Silver Corporation, announced today it has executed a 20 year lease ("Lease") with the Texas General Land Office covering 860 acres at Round Top Mountain in Hudspeth County, Texas ("Round Top").
In the future rare earth minerals needed by many advanced technologies may literally have to come from the moon. Rare Earth Elements of REEs are quite uncommon and the supply on earth is likely to be insufficient for the demand that it generates.
Rare earth company Molycorp, Inc. (NYSE: MCP) announced today that one of the world's leading experts in the design and manufacture of permanent rare earth magnets, which are integral to advanced wind turbines, hybrid vehicles, defense systems and computers, is re-joining Molycorp to help direct the Company's re-establishment of magnet manufacturing business in the U.S.
The rare earths processing plant of Arafura Resources (ASX:QRU) has been granted a 'major project' status. This will bring the highest level of scrutiny by the South Australian government to the project.
Artha Resources Corporation (TSX.V:AHC) has made good progress with the reconnaissance work at its Cachi rare earth property in Salta Province in Argentina.
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