Matamec Explorations Inc. (TSX VENTURE:MAT) announces a comparative study by Wu et al. from the Institute of Geology and Geophysics of the Chinese Academy of Sciences, Beijing, China, published in volume 273, May 2010 edition, of Chemical Geology.
Commerce Resources Corp. (TSXv: CCE; FSE: D7H; OTCQX: CMRZF) reports that it is in receipt of analytical results for drill holes EC10-046 and EC10-047 at the Eldor Project, Quebec.
Torch River Resources Ltd. (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) has announced re-assayed geochemical analysis results identifying Rare Earth Elements, which were previously above measurement limits on its 100% owned Mount Copeland mineral tenures comprising 1,318 hectares and located 25 km northwest of Revelstoke, 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.
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.
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.
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.
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.
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.
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.
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