Over the weekend I updated the list of projects on the TMR Advanced Rare-Earth Projects Index, to reflect not one but two new rare-earth mineral resource estimates, which were announced earlier this month. I also made some other updates. The specifics:
- Hastings Rare Metals Limited (ASX:HAS) announced a JORC-compliant mineral-resource estimate for its Hastings project in Australia, on September 8, 2011. According to the associated press release, 27.100 Mt of the resource is at the Indicated level @ 0.21 wt% TREO, and 9.100 Mt is at the Inferred level @ 0.21 wt% TREO (both at a cut-off grade of 0.15 wt% Nb2O3 – this is a polymetallic deposit).
- Montero Mining and Exploration Ltd. (TSX.V:MON) announced a 43-101-compliant mineral-resource estimate for its Wigu Hill project in Tanzania, on September 12, 2011. According to the associated press release, 3.3 Mt of the resource is at the Inferred level @ 2.59 wt% TREO (at a cut-off grade of 1 wt%). Note that the estimate is for the five light rare earths (oxides of La, Ce, Pr, Nd & Sm), which according to the associated press release, constitute over 99% of the rare earths present.
- I have removed references to Rare Earth Extraction Co. (Rareco) – since Great Western Minerals Group Ltd. (TSX.V:GWG, OTCBB:GWMGF) now has 100% ownership of the latter company, which is now a wholly-owned subsidiary.
- I have also updated the pricing used in the Index data, to reflect the average monthly prices for August 2011 and the moving three-year average price for separated rare-earth oxides.
FYI, TMR is now tracking a total of 389 rare-earth development projects associated with 244 different companies in 35 different countries.
You can access the updated details via the Index page.
One other reminder: Jack and I are hosting the TMR Rare Earths Boot Camp in Toronto during October 31 – November 1, 2011. This will be an intensive, two-day educational program for technical, financial, investment and policy-making professionals, focused on teaching the fundamentals of the rare-earths sector. The event features a world-class, independent expert faculty, who will draw from their decades of experience to teach specific aspects of the rare-earths lifecycle, at a level that everyone can understand.
Places are filling up, so if you’re interested in attending, or in having a colleague or member of your staff attend, click on the link on the upper right-hand side of this page, or visit http://www.rareearthsbootcamp.com to get more details and to register.
Hi Gareth,
where can I find the technology for mineral processing rare earths?
@Chandra Durve: are you looking for information, or actual equipment?
The future/diesel hybrids with NIMH batteries and synthetic fuels from coal and Natural Gas(cobalt-iron-nickle etc cataltysts) along with thermoelectrics using Tellurium-bismuth capturing waste heat. All this GARBAGE about lithium powered electrics is just that GARBAGE. Those are the metals I would watch along with the lanthanum and other rare earths as you all have pointed out with the magnets etc.
Gareth,
Two questions. First, thank you for providing details on 22 projects under development, but is there any information on the other 367 projects you mention? Second, do you know where I can find information on the project in Vietnam (Mau Xe North & South, I think)? My understanding is that it is supposed to come online in 2012/13, but little has been publicized about it.
Thanks
Hi Garteth,
could you tell me where i can find some relevant information about the present producing rare eath mines?
Thank you
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