Can the U.S. Break China's REE Stranglehold?

Source: Fast Company, Ariel Schwartz (8/16/11)

"Miners are using everything from satellite technology to 'old-fashioned' prospecting to locate REE deposits. Still, there are hurdles for ambitious companies to jump through."

Fast Company, Ariel Schwartz

In the 1960s and 1970s, the USGS flew over the U.S., using airborne magnetometers to find anomalies in the Earth's magnetic field that could signify big rare earth deposits. In recent years, mining companies have taken it upon themselves to confirm the presence of these deposits. They use everything from satellite technology to "almost old-fashioned prospecting. They go out in the field looking for interesting rocks and minerals, and indications of spots of interest," says Gareth Hatch, Founding Principal of Technology Metals Research.

There are hurdles for ambitious companies to jump through. The U.S. used to produce rare earth metals at the Mountain Pass Mine in California, but it was shut down in 2002 largely because of lack of demand and environmental issues (the mine spilled a large amount of radioactive water into a neighboring lake). In 2008, Chevron sold the site to Molycorp, a company interested in reviving the old mine. Molycorp is currently expanding and modernizing the mine--a process that will yield 40,000 metric tons of rare earths by 2013, or 25% of the world's supply. . .View full article

Explorer Completes Phase 2 Metallurgical Work for Palladium-Copper Project
Source: Streetwise Reports (01/28/2021)

Generation Mining intends to wrap up the feasibility study on Marathon this quarter.

Silver Firm Reports Q4/20 Processing, Production Numbers from Mexico Project
Source: Streetwise Reports (01/28/2021)

MAG Silver's joint venture project Juanicipio produced 230,000 ounces of silver during the quarter ended Dec. 31, 2020.

Golden Arrow Resources Out Exploring Again After COVID-19; Hits High-Grade Gold at Tierra Dorada in Paraguay
Source: The Critical Investor for Streetwise Reports (01/27/2021)

The Critical Investor explains why he believes "investors have an interesting opportunity to invest in a pretty derisked, undervalued and experienced explorer with three chances for success."

Junior Mining Sector 'the Best Value in the Space'
Source: Streetwise Reports (01/27/2021)

The StreetSmart Live! Broadcast on Jan. 26, 2021, focused on metals and why now is a good time for investors to be looking at them and the mining space. John Newell, independent analyst and portfolio manager, and John Feneck, mining sector expert and president of Feneck Consulting, addressed the status of the current metals market. CEOs of the three metals-focused companies comprising the Metallic Group of Companies—Group Ten Metals, Metallic Minerals and Granite Creek Copper—discussed their projects.

MMT Survey Helps Explorer Identify New Large Target at Ecuador Property
Source: Streetwise Reports (01/26/2021)

Aurania Resources reported that data from an ongoing Mobile MT Survey identified an extensive target at Tsenken at its Lost Cities - Cutucu Project in southeastern Ecuador.

Miner with Projects in Canada and Mexico Looks Forward to 2021
Source: Maurice Jackson for Streetwise Reports (01/20/2021)

In conversation with Maurice Jackson of Proven and Probable, the CEO of Riverside Resources outlines the "sunglasses needed" future he sees for the company in the coming year.

Divide and Conquer, American-Style, the Dollar and Precious Metals
Source: Michael Ballanger for Streetwise Reports (01/18/2021)

Sector expert Michael Ballanger explores how fluctuations in the value of the U.S. dollar and the gold and silver markets have played out over the last week.