Here’s a look at some of the top stories from Rare Earth Investing News from the first quarter of the year. On the list are market commentaries from analysts, a look at companies that attended PDAC and an article on recent discoveries in the sector.
At the end of 2013, some were wondering whether 2014 might be the year China would start to loosen its grip on the rare earths market. But although there are signs its monopoly is slipping, the country still definitely produces the lion’s share of the world’s rare earths.
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.
Don Lay, president and CEO of Medallion Resources, discusses his company’s unique approach to the rare earths market — processing monazite — also touching on what monazite is and why he believes so strongly in it.
Stans Energy Corp. (TSXV:HRE,OTCQX:HREEF) announced that it has sent a letter to Djoomart K. Otorbaev, prime minister of the Kyrgyz Republic, requesting payment of US$118,206,056.80.
The top five gainers on the TSX Venture Exchange last week were Trueclaim Exploration, Fortress Minerals, Stans Energy, Bacanora Minerals and Latin American Minerals.
David Vinokurov, vice president of corporate development at Stans, breaks down what last week’s court ruling means for the company. Plus — take our survey on Stans.
Merrex Gold, Rathdowney Resources, GeoMegA Resources, Stans Energy and Calibre Mining were the top gainers on the TSX Venture Exchange last week.
“We’ve never been in such good shape,” President and CEO Simon Britt told Rare Earth Investing News.
Stans Energy Corp. (OTCQX:HREEF) announced that it has filed an appeal to the Bishkek City Court in a response to an Inter-District Court of Bishkek ruling in favor of the Kyrgyz General Prosecutor’s Office claim against the company’s Kutessay II 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.
By Vivien Diniz
Rare earth investors who have been following the market for a few years are likely familiar with Stans Energy, a Canadian junior resource company that wholly owns the Kutessay II heavy rare earths project in Kyrgyzstan.