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source:Streetwise ReportsDefense Metals reported its flotation pilot plant registered positive sample results from its Wicheeda Rare Earth Element property in British Columbia.In a news release, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE), which focuses on discovering high strength alloys, rare earth materials and magnets for the electric power, green energy, military and national security markets, provided 'an update with respect to ongoing flotation pilot plant processing of its 30 ton Wicheeda Rare Earth Element (REE) Property bulk sample underway at the SGS Canada Inc. Lake...
Release time: 2020 - 08 - 06
Energy Fuels building up uranium stocks and eyeing cash flow from rare earths within 12 months source:Proactive Investors USA&CanadaEnergy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU) has said it is continuing to build up its inventories of uranium as prices improve, while the group is eyeing cash flow from rare earths within the next 12 months.Reporting second quarter results for the three months to June 30, 2020, the USA's biggest uranium miner, revealed in a statement that at that date it held concentrate worth US$24.7 million. That includes 575,000 pounds of uranium valued at US$23.05 p...
Release time: 2020 - 08 - 05
source:StockheadRare earths newcomer Australian Strategic Materials (ASX:ASM) has had a rousing welcome on its first day of listed life following its demerger from Alkane Resources (ASX:ALK).Shares in the company closed up 12 per cent to $1.40 from its opening price of $1.25 per share, giving Alkane shareholders – who were issued one ASM share for every five Alkane shares they held – a substantial bonus.While the company did not raise any funds for its listing, it starts life with $20m in the bank and no debt thanks to the largess of its parent.Australian Strategic’s Dubbo project is a large i...
Release time: 2020 - 07 - 31
source:The Market HeraldIonic Rare Earths (IXR) has mobilised a second drill at its Makuutu Rare Earths Project in UgandaThe company is in the middle of a 3700-metre phase two drill program to test the site’s 26-kilometre-long mineralisation corridorSo far, Ionic has drilled 393 metres across 22 holes, with notable intercepts including 4.4 metres at 981 parts per million total rare earth oxidesThe overall aim is to increase the site’s resource estimate, which currently sits at 78.6 million tonnes at 840 parts per million in total rare earth oxidesIonic Rare Earths shares are in the grey in ear...
Release time: 2020 - 07 - 30
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