source:FinfeedAusQuest Limited (ASX:AQD) has intersected a carbonatite intrusion in the course of diamond drilling at the Telegraph Prospect, part of its Balladonia Project in the Fraser Range area of Western Australia.Management explained that this lies beneath the intense weathering/alteration that was reported from earlier air-core and reverse circulation (RC) drilling.The Balladonia Project is subject to the company’s Strategic Alliance Agreement (SAA) with South32.Carbonatite complexes are a major source of rare earth elements (REE) world-wide and are also known to contain base metal mine...
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2020
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source:MorningstarNews Rainbow Rare Earths Interim Loss Narrows, But Revenue Down On Output (Alliance News) - Rainbow Rare Earths Ltd on Monday said its interim loss narrowed due to lower ...Alliance News30 March, 2020 | 3:44PM Email Form (Alliance News) - Rainbow Rare Earths Ltd on Monday said its interim loss narrowed due to lower depreciation expenses, despite a sharp decline in revenue from a drop in production.Shares in Rainbow Rare Earths were 19% lower at 1.54 pence on Monday in London.For the six months to the end of December, the rare earth element miner reported a pretax ...
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2020
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source:Redmond RegisterSLAM Exploration Ltd. (CVE:SXL)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 19000 shares changing hands. The stock had previously closed at C$0.02.The stock has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market capitalization of $814,000.00 and a P/E ratio of -0.91.About SLAM Exploration (CVE:SXL)Slam Exploration Ltd., a resource company, engages in the acquisition, exploration, and development of mineral properties in N...
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2020
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China Jan-Feb rare earth magnet exports fall 4.2% as virus curbs shipments source:ReutersBEIJING, March 25 (Reuters) - China’s rare earth magnet exports in the first two months of 2020 fell by 4.2% from a year earlier, according to Reuters calculations based on customs data, as the coronavirus outbreak hindered shipments overseas.China is the word’s biggest producer of rare earth magnets, which are widely used in medical devices, consumer electronics and defence. Its rare earths sector was severely disrupted by the coronavirus outbreak, however, with overall rare earth exports down 17.3% ...
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2020
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