I recently updated the TMR Advanced Rare-Earth Projects Index, to reflect project updates since the last edition. The effective date of the latest edition is September 10, 2015. The specifics:
- Per a recent report from PWC, acting as the court-appointed monitor for the Sale or Investor Solicitation Process for Great Western Minerals Group Ltd (TSX.V:GWG), on July 17, 2015 ownership of the Steenkampskraal project in South Africa was transferred to Douglas Trust Reg, as part of the sale of Rare Earth Extraction Co. a Great Western subsidiary.
The Index currently consists of 58 rare-earth mineral resources, associated with 53 advanced rare-earth projects and 49 companies, located in 35 regions within 16 countries.
I have also updated the pricing used in the Index data, to reflect the average monthly prices for August 2015. The underlying pricing data used are copyright © 2015 Argus Media Group, with all rights reserved and used with permission under license. You can access the updated details via the Index page.
One final note – the easy-to-remember shortcut for accessing the Index is www.RareEarths.org.
Disclosure: at the time of writing, Gareth Hatch holds no shares or stock options in any of the companies mentioned in this article, or in any publicly traded rare-earth company, nor is he doing paid consulting for any such company.