G-20 Asked to Take REE Stand

Source: The New York Times, Keith Bradsher (11/5/10)

"Range of business groups underscores the level of international worry."

An unusually broad coalition of business groups in North America, Europe and Asia has sent a letter to the heads of state of the Group of 20 major economies, asking them to make a commitment at their meeting this month in Seoul that trade in crucial rare earths will not be interrupted because of industrial policies or political disputes.

The range of countries and industries whose business groups signed the letter underscores the level of worry in corporations around the world about recent export restrictions placed on rare earths by China, which mines 95% of such materials. The minerals processed from them are needed for products and processes like cellphones, cars, clean energy and the production of missiles and sonar.

Some of the business groups signing the letter, like the U.S. Chamber of Commerce, also signed a letter last winter asking that the Chinese government not discriminate in favor of domestic companies in the purchase of high-technology equipment.

The letter was dated Wednesday but not publicly released. It was obtained from an official at one of the business groups that signed it.

The Chinese government completely halted exports of raw rare earths to Japan on Sept. 21 during a dispute over Japan's detention of a Chinese fishing trawler and its crew, and it expanded that interruption in shipments to all countries, notably the United States and those in Europe, on Oct. 18. Chinese customs officials gave permission Oct. 28 for a resumption in shipments, but they have allowed some shipments to leave ports while continuing to block other shipments, industry officials said.

China has pursued an industrial policy in recent years of requiring companies to move factories to China so as to have access to rare earths.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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