Since our March 2011 update, there have been some significant updates to the data for three projects on the TMR Advanced Rare-Earth Projects Index:
- Greenland Minerals and Energy Ltd. (ASX:GGG, PK:GDLNF) published an updated mineral-resource estimate for its Kvanefjeld project in Greenland;
- Quest Rare Minerals Ltd. (TSX.V:QRM, PK:QSURD) published an updated mineral-resource estimate for its Strange Lake project in Quebec, Canada
- Stans Energy Corp. (TSX.V:RUU, OTCQX:HREEF) published an updated mineral-resource estimate for its Kutessay II project in Kyrgyzstan, based on JORC guidelines. Stans Energy is now listed on the OTCQX exchange.
I have updated the pricing used in the Index data, to reflect the average monthly prices for March 2011 and the moving three-year average price for separated rare-earth oxides.
You can access the details via the Index page.