LAKEWOOD, COLORADO -- (Marketwired) -- 04/24/13 -- Rare Element Resources Ltd. (NYSE Amex: REE)(NYSE MKT: REE)(TSX: RES) (the "Company") announced today that Lowell A. Shonk, a financial professional with more than 30 years of experience in the mining industry, has joined its Board of Directors as of April 23, 2013 and will serve as the Board's [...]
LAKEWOOD, COLORADO -- (Marketwired) -- 04/19/13 -- Rare Element Resources Ltd. (NYSE Amex: REE)(NYSE MKT: REE)(TSX: RES) (the "Company") today announced that Mark T. Brown has resigned his position on the Board of Directors. Mr. Brown was previously on the Company's Board from June, 1999 through February, 2012 and then again from December 11 [...]
- Cash and short-term investment balance was $40.1 million at December 31, 2012, sufficient to complete the Feasibility Study (FS)- Measured and Indicated (M&I) Resources increased by 65% to 944 million pounds of contained rare earth oxide (REO) - Includes first indicated resource at the heavy rare earth (HREE) enriched Whitetail Ridge deposit [...]
- Total Measured and Indicated (M&I) oxide resources increase 65%, from 571 million pounds to 944 million pounds of contained Rare Earth Oxide (REO)- Total high-grade M&I oxide mineral resources of 14.7 million tons grading 3.22% REO at 1.5% cutoff grade- Includes a high-grade core M&I resources of 6 million tons grading 4.72% REO at 3% cutoff [...]
Drill results continue to demonstrate that the Bear Lodge Rare Earth Project is a growing world-class source of critical rare earth elementsLAKEWOOD, COLORADO -- (Marketwire) -- 03/11/13 --
-- Results confirm: -- High abundances of Critical Rare Earth Elements (CREEs) which include Nd, Pr, Eu, Tb, Dy and Y in all deposits [...]
-- Technology produces high purity rare earth oxide (REO) concentrate without solvent extraction technology for impurity removal -- Proprietary technology designed to: -- Increase recoveries of rare earth elements and the grade of the concentrate increased from approximately [...]
Randall J. Scott, CEO to present on Tuesday, March 5 at 11:20 a.m.LAKEWOOD, COLORADO -- (Marketwire) -- 02/25/13 -- Rare Element Resources Ltd. (NYSE Amex: REE)(NYSE MKT: REE)(TSX: RES) (the "Company") is pleased to inform its investors that it will be exhibiting and presenting at this year's Prospectors & Developers Association of Canada (PDAC [...]
The Rare Earths Industry has struggled this past year as a flood of new production and reserves from outside China has seen prices significantly drop from their highs in 2011. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) has fallen 7.5 percent year-to-date, and over 30 percent in the past year. Five Star Equities examines the outlook [...]
One day TSX cease trade due to change in fiscal year-end filing timingLAKEWOOD, COLORADO -- (Marketwire) -- 02/20/13 -- Rare Element Resources Ltd. (NYSE Amex: REE)(NYSE MKT: REE)(TSX: RES) (the "Company") advises that its common shares will not trade on the TSX on February 20, 2013. The Company previously disclosed by press release the change in [...]
Rare Element Resources ended 2012 with approximately US $40 million in cash and 45 million common shares outstanding. During 2012, additional drilling was completed to expand and upgrade the Bull Hill and Whitetail Ridge rare earth resource areas, and to expand the heavy rare earth (HREE) enrichment zones at the Taylor and Carbon exploration [...]
Rare earth stocks struggled in 2012 as prices for the metals plunged due to weak economic growth and new supplies from non-Chinese producers. The Market Vectors Rare Earth/Strategic Metals ETF (REMX), which tracks the performance of companies engaged in activities related to the producing, refining and recycling of rare earth and strategic metals [...]
-- Drill results reveal enrichment of Critical Rare Earths as a district- wide zonation of Eu, Tb, Dy, and Y surrounding high grade Nd, Pr, La, Ce central core.
-- Drill intercepts document significant thicknesses and elevated concentrations of Eu [...]