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Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) announced today it has created a board of advisers for Lomiko Technologies and appointed Michael Pesner as an adviser.
Lakeside Minerals (TSXV:LAK) announced that it has entered an amended agreement to acquire a 100 percent interest in the Misery Lake scandium project in Northern Quebec. Lakeside will now issue 21 million common shares to the vendor of the property, vs and earlier agreement for 13.5 million.
Resource Investing News takes a quick glance at a few rare earths companies that will be at PDAC 2015 and lists the other rare earths companies attending as well.
Canamex Resources (TSXV:CSQ) announced that Michael Pesner has been appointed to the board of directors, effective immediately. Pesner is the president of Hermitage Canada Finance Inc. and has spent 26 years as a partner at KPMG and predecessor firms.
To get more insight into what recent developments could mean for the rare earths sector, Rare Earth Investing News spoke with Jon Hykawy, president and director of Stormcrow Capital. Overall he is hopeful that things could be looking up for the sector.
By Vivien Diniz
Quest Rare Minerals (TSX:QRM,NYSE MKT:QRM) announced it had greatly improved production of a high purity rare earth and yttrium oxide concentrate from its new and substantially improved process flowsheet for the Strange Lake project.
China’s State Reserve Bureau reportedly plans to move forward with a new round of REE stockpiling and may also move to build up its REE export controls. Some analysts believe REE prices are set to rise as a result.
Quest Rare Minerals Ltd. (TSX:QRM,NYSEMKT:QRM) released a preliminary economic assessment (PEA) based on a revised development plan for its Strange Lake rare earth project.
MINING.com reported on two developments on Tuesday for rare earth company investors. In the first, the death of an engineer at Lynas’ (ASX:LYC) processing facility in Malaysia caused the Australian company’s shares to drop 3.6 percent on Tuesday and 7 percent since the fatality was reported.
Quest Rare Minerals (TSX:QRM,NYSE:QRM), a Toronto-based rare earth company, today released a positive prefeasibility study for its Strange Lake deposit in Quebec.
Quest Rare Minerals Ltd. (TSX:QRM,NYSE:QRM) produced a heavy rare earth plus yttrium (HREE+Y) concentrate and a separate light rare earth (LREE) concentrate, from its Strange Lake B-Zone Deposit. The HREE+Y has a purity level of approximately 84%, of which 75% is composed of yttrium oxide.
Prices for rare earths and some rare earth mining stocks are showing positive price action following China’s crackdown on illegal mines. But is this the beginning of a sustained recovery, or just a temporary blip on the screen? House Mountain Partners founder Chris Berry explores these questions in this interview
Quest Rare Minerals Ltd. (TSX:QRM,NYSE:QRM) completed a fully-subscribed private placement by issuing 4,065,360 flow-through for total gross proceeds of $2,741,948. Gross proceeds of $2,235,948 were at a price of $0.50 per share, and 1,012,000 hard-dollar units were at a price of $0.50 per unit, for gross proceeds of $506,000.
The Metals Report (7/16/13) – Western rare earth companies are in a conditioning period, optimizing on every front to get the leanest capital costs possible. In the next six months, Geologist Alex Knox expects a big shakeout across the rare earth space as companies release amended PEAs and feasibility studies.