Lynas Corporation Limited
Hastings Technology Metals (ASX:HAS) is pleased to announce that it has appointed Mr. Kok Hoong Leong as Project Director for the Yangibana Rare Earths Project.
The Board of TUC Resources Limited (ASX:TUC) is pleased to offer Shareholders a free Bonus Option Issue on the basis of two Options for every five Shares held at the Record Date. The Board recognises and greatly appreciates our loyal and supportive Shareholders. It is intended that this additional security will provide leverage to improved share price performance, particularly in the event of what we hope will continue to be successful exploration at the Stromberg Heavy Rare Earth District.
TUC Resources Limited (ASX:TUC) is pleased to report that analyses of four drilling samples from the Stromberg Prospect has shown that the rare earths are contained in the mineral xenotime.
Peak Resources Limited (ASX:PEK) is pleased to report encouraging assay results received from an additional 15 drill holes of the 2011 resource drilling program currently in progress at the Ngualla Rare Earth Project in southern Tanzania.
Asian Activities Report for April 14, 2011 includes: DataMotion Asia Pacific Limited (ASX:DMN) has completed a 3D gravity survey on M12 rare earth elements target and is planning drilling in April 2011; MobileActive Limited's (ASX:MBA) RingRing Studios mobile applications surpass 1,000,000 downloads worldwide; UXA Resources Limited (ASX:UXA) intersected a 3-metre zone of visual mineralisation at the Dome 5 zinc-lead-silver prospect in NSW; Avanco Resources Limited (ASX:AVB) reported that drilling at Serra Verde Copper Project in Brazil continues to show great promise.
Australian Market Report of March 16, 2011 includes: WPG Resources Limited (ASX:WPG) has commenced a drilling program at the Company's Penrhyn Coal Project in South Australia; Forge Resources Limited (ASX:FRG) has entered into an agreement with Lynas Corporation (ASX:LYC) to sub-lease rare metals and phosphate deposits; Alara Resources Limited (ASX:AUQ) has commenced a phase 2 drilling programme at its Daris East Copper Project in Oman; Northern Star Resources Limited (ASX:NST) reported significant high-grade drilling results at its Paulsens Gold Mine in Western Australia.
Peak Resources Limited (ASX:PEK) report highly encouraging assay results received from the initial 13 RC drill holes completed during the November - December 2010 drilling campaign at Ngualla.
Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce positive results from a review of the Company's 100% owned Ponton Rare Earths Project ("Ponton Project"), which has been held by Galaxy since 2003.
In this Industry Bulletin, we present some of the highlights from the 6th International Rare Earths conference held in Hong Kong November 9th-11th, and the Critical & Rare Earth Summit III held in Washington DC on October 25th-27th, 2010. At both conferences, rare earth elements ("REE") supply security was the 'front and centre' issue. The rare earth sector has attracted much attention in the last few months due to China's significantly reduced export quotas for the second half of 2010 and trade concerns prompted by broader geopolitical and economic policy issues.
Australian Market Report of September 29, 2010 includes; Lynas Corporation (ASX:LYC) signed Rare Earths supply agreement with Japan; Olympus Pacific Minerals Inc.(TSX:OYM) (ASX:OYM) (OTCBB:OLYMF) is to increase the Bau Gold Project ownership to 93.55%; African Energy Resources (ASX:AFR) will commence a Resource Definition Drilling at the Sese Coal Project in Botswana; Sylvania Resources (ASX:SLV) is to own 100% interest in Sylvania Dump Operations.