Rare Earth expects to complete drilling at Sonora early this week
1st Sep 2015 10:14
(ShareCast News) - Mining group Rare Earth Minerals said it had mobilised a second drill rig in Mexico after signing a supply deal with lithium battery giant Tesla Motors. The London-listed company, alongside its joint venture partner Bacanora Minerals, said it had completed drilling nine of the 18
Read moreBacanora and Rare Earth surge on Tesla deal
28th Aug 2015 09:10
(ShareCast News) - Rare Earth Minerals and Bacanora Minerals have signed a deal with electric sports car and energy storage products company Tesla Motors. Under the deal, the US-based group will buy lithium hydroxide from the Sonora lithium project in Northern Mexico to feed the batteries of its Gig
Read moreRare Earth Minerals confirms continuous mineralisation at Yangibana
12th Aug 2015 15:02
(ShareCast News) - Rare Earth Minerals' joint venture in the Yangibana Rare Earths Elements project in Western Australia, Hastings Rare Metals, has confirmed continuous mineralisation over 0.9km in Yangibana North. Hastings has a 30% interest in the venture, while Rare Earth owns the other 70%. "Th
Read moreRare Earth Minerals raises stake in AIM-listed Bacanora
9th Apr 2015 14:43
AIM-listed resources investment group Rare Earth Minerals (REM) has increased its "strategic holding" in Bacanora Minerals, the Mexico-focused borates and lithium producer. REM has paid £305,394 to raise its stake in Toronto- and London-listed Bacanora from 15.02% to 15.4%. The two companies are jo
Read moreRare Earth expects to complete pre-feasibility study in Western Australia in 2015
8th Apr 2015 09:21
Minerals investment and development group Rare Earth Minerals has announced the pre-feasibility study (PFS) for its project in Western Australia will be completed by the end of the year. The news comes after the group's joint-venture partner for its Yangibana rare earth project, Hasting Rare Metals,
Read moreRare Earth Minerals rises on positive updates from Sonora and Yangibana
25th Mar 2015 10:09
Mineral developer Rare Earth Minerals said the initial drilling conducted with Bacanora Minerals at the Sonora project in Mexico had intersected what looks to be a mineral source. "The intersection of what appears to be a repeat structure to the immediate west of the already defined 3.28m tonnes of
Read moreSunday share tips: Premier Foods, Rare Earth Minerals, Bunzl
19th Oct 2014 16:41
It could be the a good time to buy shares of Premier Foods, Danny Fortson argued in his Sunday Times column, Inside the City. The company, whose brands include Oxo and Mr Kipling, took on too much debt before the financial crisis but Chief Executive Gavin Darby has fixed its structural problems. He
Read moreRare Earth Minerals sees "excellent progress" at Mexican lithium project
21st Aug 2014 08:00
Minerals investment and development company Rare Earth Minerals (REM) made "excellent progress" in Mexico as its part-owned Sonora lithium project works towards commercialisation. REM, which has a total economic interest of 38.3% in Sonora, highlighted an announcement by its joint-venture partner B
Read moreRare Earth Minerals increases stake in Megalit joint venture
19th Aug 2014 10:02
Rare Earth Minerals (REM), the AIM-listed rare minerals miner, has increased its stake in the Megalit Lithium joint venture from 10% to 30%, the company announced on Tuesday. At the end of May, Rare Earth had announced it intended to exercise the option with Bacanora Minerals, the group's joint ven
Read moreRare Earth Minerals ups stake in Bacanora
11th Jul 2014 15:42
Rare Earth Minerals has upped its stake in Bacanora Minerals, a industrial minerals producer focused on borates and lithium in Mexico. Ahead of planned listing on AIM by Bacanora, its joint venture partner and investee, the company said it has raised its holding to 12.14% from 11.85% previously. T
Read moreRare Earth Minerals ups stake in Bacanora to 11.85%
4th Jul 2014 10:34
Rare Earth Minerals (REM) announced it has upped its stake in the Sonora Lithium project in Mexico to 11.85% through further on-market purchasing which now totals around £0.2m. The exploration group has increased its stake from the previously reported 11.27%. This interest, when combined with RE
Read moreRare Earth Minerals "delighted" with Yangibana drilling
17th Jun 2014 14:46
AIM-listed Rare Earth Minerals (REM) impressed the market on Tuesday with results from the first phase of drilling on its 30%-owned Yangibana North project in Western Australia. The first phase comprised 44 "reverse circulation" drill holes for a total of 1,836 metres. Results from the first five
Read moreRare Earth Minerals ups stake in Banacora to 11.27%
6th Jun 2014 12:48
AIM-listed mining group Rear Earth Minerals (REM) has increased its stake in joint venture partner Bacanora Minerals to 11.27% from the previous 10.18%. The group upped its stake in Bacanora, its partner in the Sonora Lithium Project in Mexico, through further on-market purchases totalling £0.328m.
Read moreRare Earth Minerals cheers increased mineral resource at Sonora
4th Jun 2014 09:12
Shares in Rare Earth Minerals jumped on Wednesday after the group reported that the mineral resource for the Sonora Lithium Project in northern Mexico had been increased by 37% to a new total of 3.28m tonnes of Lithium Carbonate Equivalent (LCE) and has been upgraded from the inferred to indicated c
Read moreRare Earth Metals jumps on drilling update
28th May 2014 10:34
Shares in Rare Earth Metals leapt on news that a third of drilling has been completed at the Yangibana rare earth elements joint venture in Western Australia. AIM-listed REM, which owns 30% free carry interest in the project, said its partner and the project's majority owner, Hasting Rare Metals,
Read more