The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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UCU: TSX-V President and CEO: James Mackenzie Vice President, Project Development: Harmen Keyser Vice President and CFO: Peter Manuel At the behest of lawmakers at both the state and federal levels, and with the support of the U.S. Geological Survey, Ucore Rare Metals Inc. (formerly Ucore Uranium Inc.) is advancing the heavy rare earth element-enriched Bokan Mountain project located about 37 miles from Ketchikan in Southeast Alaska toward feasibility. The U.S. Bureau of Mines more than 20 years ago estimated the site...
Dozens of small explorers mounted exploration campaigns in 2010 in and around the historic Stewart Gold Camp in northwestern British Columbia, and as assays trickle in from samples and core sent to labs this spring and summer, many of them are reporting encouraging results. The Stewart Gold Camp, located about 20 miles, or 35 kilometers, from the B.C./Alaska border, is an emerging, world-class mining district that continues to offer discovery opportunities for major gold-copper and precious metal polymetallic deposits. The...
China, which mines the majority of the global supply of rare earth elements within its borders, has, over recent years, increasingly restricted its exports of the unique minerals to non-China-based production facilities. This trend has continued with a July announcement that the Far East country intends to slash its exports of the high-technology metals by an additional 72 percent. Rare earth minerals are made up of 17 elements including terbium, thulium and yttrium. They are...
Rare earth elements have become a hot topic among United States policymakers. The growing demand for the unique properties of these metals in "green energy" technology and military applications, coupled with China's monopoly on the rare earth market has lawmakers and the Pentagon investigating the need to stimulate domestic production, manufacture and stockpiling of these elements. A bill introduced by U.S. Rep. Mike Coffman, R-Colo., in March has moved the rare earth conversa...
Advances in high technology, especially the recent drive to produce increasingly efficient hybrid automobiles, is spurring demand for rare earth elements and energizing a little-known mining sector with at least one known Alaska mineral deposit. Thanks to analysts touting the virtues of investing in rare earth mining, two companies, Commerce Resources Corp. and Rare Element Resources Ltd. listed on the Toronto Stock Exchange have seen gains in their stock price of 32 percent and 37 percent, respectively, this spring,...
