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Rare Earth metals and ground noise.

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Post  Birdman Wed Nov 17, 2010 1:49 pm

I have began my study into rare earth metals.

Why rare eath metals. I think that rare earth metals will be a key to the future.

We will see more high powered batteries and the like in electronics and cars. Japan has gone into waste mining to collect rare earth metals as China has reduced supply to Japan.

What are rare eath metals and does the minelab detect this?
How do the big companies mine this material?
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Post  Guest Wed Nov 17, 2010 3:08 pm

Rare Earth elements are the very heart of our modern day environmentally conscious applications and industry.
If you think gold is a good investment well good for you but if you want to cash in bigtime in the next few years then learn about Rare Earth Elements and start investing now. For example, Neodymeum is at the heart of the new wind farm power generators and these things are spreading like a cancer accross the country.

Funny isn't it that the commodaties that are needed to produce practical electric cars and high output batteries are rare as hens teeth so you can be certain that in the very near future the stock market value of these elements is going to go through the roof. leaving gold and silver in their wake. Idea Idea Idea Very Happy

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Post  Undertaker Wed Nov 17, 2010 3:25 pm

Bear in mind the Chinese have around 95% of the worlds rare earth deposits. The price of rare earth went up recently when the Chinese limited the supply to the rest of the world. They've got the rare earth market by the balls.
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Post  Birdman Wed Nov 17, 2010 3:39 pm

Apparently japan has done a joint venture in kazakhstan to sure up its supply.

I understand that feasability requires high concentration, low wages and allot of acid, electricity and water to extract it.
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Post  Undertaker Wed Nov 17, 2010 3:49 pm

Arafura Resources is a Australian company that has good potential. They have a mine in central Australia that has a 20+ year
life. They should be producing in the next cupla years. They also have a patented system of extracting rare earths more efficiently and cleanly. They are also building a processing plant in Whyalla SA. I believe it could be worth investing in.

Here is another use for rare earths but it could be bull sh.t.



https://www.youtube.com/watch?v=mHDtnQXujwA
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Post  vasilis Wed Nov 17, 2010 9:26 pm

I can see a few people have realised the potential of rare earths but these metals are everywhere and its only few companies that actually mine the stuff. China is in control because they are the ones doing the processing. western countries avoid the processing because of the environmental pollution hence danger.Lyans had a huge rally recently and as you say undertaker - arafura did pretty well also.
A growth industry for sure
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Post  Guest Thu Nov 18, 2010 7:10 am

As defined by IUPAC, rare earth elements or rare earth metals are a collection of seventeen chemical elements in the periodic table, namely scandium, yttrium, and the fifteen lanthanides.[1] Scandium and yttrium are considered rare earth elements since they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties.

Despite their name, rare earth elements (with the exception of the highly unstable promethium) are found in relatively high concentrations in the Earth's crust, with cerium being the 25th most abundant element at 68 parts per million (similar to copper).However, because of their geochemical properties, rare earth elements
seldom concentrate into economically exploitable ore deposits.[2] The scarcity of these minerals (or "earths")
was denoted by their original French name, terre rare. The first such mineral discovered was gadolinite,
extracted from one mine in the village of Ytterby, Sweden; many of the elements bear names derived from this location.

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Post  Jigalong Thu Nov 18, 2010 11:47 am

"Lyans had a huge rally recently and as you say undertaker - arafura did pretty well also." . That is Lynas (LYC) actually - I know, because I lost money on them when China said they would not restrict supplies to other countries.

I want a detector that finds Unobtainium - that's what they were mining on Avatar.

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Post  Birdman Thu Nov 18, 2010 12:21 pm

Europia oxide is prolly the best rare earth metal at 605us dollars a kilogram. It is used in televisions etc for the picture in red and blue color.
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Post  Guest Thu Nov 18, 2010 12:32 pm

Could anyone imagine that cell phones are tainted with the blood of 3.2 million deaths since 1998? Also, that the same thing happens with some children's video games? And that mega-technologies contribute to forest depredation and spoliation of the rich natural resources of paradoxically impoverished peoples?

In the case of these new high techs, it is Coltan that is at stake --the minerals columbium and tantalite, or Coltan for short. Tantalite is a rare, hard and dense metal, very resistant to corrosion and high temperatures and is an excellent electricity and heat conductor. It is used in the microchips of cell phone batteries to prolong duration of the charge, making this business flourish. Provisions for 2004 foresee sales of 1,000 million units. To these properties are added that its extraction does not entail heavy costs --it is obtained by digging in the mud-- and that it is easily sold, enabling the companies involved in the business to obtain juicy dividends.

Even though Coltan is extracted in Brazil, Thailand and much of it from Australia --the prime producer of Coltan on a world level-- it is in Africa where 80% of the world reserves are to be found. Within this continent, the Democratic Republic of Congo concentrates over 80% of the deposits, where 10,000 miners toil daily in the province of Kivu (eastern Congo), a territory that has been occupied since 1998 by the armies of Rwanda and Uganda. A series of companies has been set up in the zone, associated to large transnational capital, local governments and military forces (both state and "guerrilla") in a dispute over the control of the region for the extraction of Coltan and other minerals. The United Nations has not hesitated to state that this strategic mineral is funding a war that the former United States Secretary of State, Madeleine Albright called "the first African world war" (and we understand by world wars, those in which the great powers share out the world), and is one of its causes.

In August 1998, the Congolese Union for Democracy (Rassemblement Congolais pour la Démocratie-RCD), launched a rebellion in the city of Goma, supported by the Rwanda Patriotic Army (RPA). Since then, in a struggle in which, behind the myth of ethnic rivalries, are hidden the old colonial powers that continue to ransack the wealth of post-Colonial Africa, the war has been rife between two, loosely defined parties. On the one hand the RDC and the Governments of Rwanda and Uganda, supported by the United States, relying on the military bases such as that built in Rwanda by the United States company Brown & Root, a branch of Halliburton, where Rwandese forces are trained and logistic support is provided to their troops in the DRC, together with United States combat helicopters and spy satellites. The other party is made up of the Democratic Republic of Congo (led by one of Kabila's sons, after his father was assassinated by the Rwandese), Angola, Namibia and Zimbabwe.

However, behind these states are the companies sharing out the zone. Various joint companies have been set up for this purpose, the most important one being SOMIGL (the Great Lakes Mining Company), a joint company set up in November 2000, involving Africom, Premeco, Cogecom and Cogear, (the latter two are Belgium companies --it should be remembered that DRC, formerly the Belgium Congo, was a Belgium colony), Masingiro GmbH (a German company) and various other companies that ceased their activities in January 2002 for various reasons (a drop in Coltan prices, difficult working conditions, suspension of Coltan imports from DRC) and are waiting for better conditions: Sogem (a Belgian company), Cabot and Kemet (U.S.) the joint United States-German company Eagles Wings Resources (now with headquarters in Rwanda), among others.

The transport companies belong to close family members of the presidents of Rwanda and Uganda. In these virtually military zones, private air companies bring in arms and take out minerals. Most of the Coltan extracted is later refined by a small number of companies in Germany, the United States, Kazakhstan and the Far East. The branch of Bayer, Starck produces 50% of powdered tantalite on a world level. Dozens of companies are linked to the traffic and elaboration of this product, with participation of the major monopolizing companies in Belgium, Germany, the Netherlands, Switzerland, and the United States. As if this were not enough, the Trade, Development and Industry Bank, created in 1996 with headquarters in the capital city of Rwanda, Kigali, acts as correspondent for the CITIBANK in the zone, and handles large amounts of money from Coltan, gold and diamond operations. Thirty-four companies import Coltan from the Congo, among these, 27 are of western origin, mainly Belgium, Dutch and German.

The Belgium air company, Sabena is one of the means of transporting the mineral from Kigali (capital city of Rwanda) to Brussels, and associated to American Airlines, announced last 15 June the suspension of the service, under strong pressure from the world campaign "No blood on my cell phone!" (or: "Pas de sang sur mon GSM"), exhorting people not to buy cell phones containing Coltan due to its repercussion on the prolongation of the civil war in the Congo. As a result of this campaign, the Belgium research institute International Peace Information Service (IPIS) produced a document in January 2002 "Supporting the War Economy in the DRC: European Companies and the Coltan Trade," which documents the leading role played by the companies in promoting the war through their cooperation with the military and exhorting that the international consideration of the Coltan trade be given priority over its local aspects.

The main zones where Coltan is extracted are located in forest zones, such as the Ituri forest (see WRM bulletin No. 67). The entry of military commandos and workers (many of them farmers who have been dispossessed of their lands and resources, seeking the promise of better income), the installation of mining camps, the construction of routes to reach and take out the coveted mineral, all this goes to conspire against the forest as a whole. Formerly fulfilling functions for the region and the neighbouring peoples, the forest, once the traditional lands of the hunting and gathering indigenous peoples, such as the Mbuti and a reserve for gorillas and okapis --a relative of the giraffe-- the habitat of elephants and monkeys, has become the scenario for war and depredation.

The African journalist, Kofi Akosah-Sarpong has even stated that "Coltan in general terms is not helping the local people. In fact, it is the curse of the Congo." He has revealed that there is evidence that this material contaminates, pointing out its connection with congenital deformations in babies in the mining zone, which are born with bandy legs.

Far from clean and innocent, these technologies, on which the concentration of capitals is based and built, have acquired through their "globalisation" their highest expression, contaminating and breaking up the web of life in its multiple and rich manifestations. In the meanwhile, over the tombs of the 2000 African children and farmers who die every day in the Congo, can we absentmindedly continue to use our cell phones?

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Post  Birdman Thu Nov 18, 2010 1:00 pm

Where do I find market information on the great lakes mining company. Where can I check the charts on this company and the dividends it pays.

I do not know about all the propaganda of harm, it is just prolly market manipulators. The congo has always been having periodic problems and trying to blame others.

The charts on this company would be wonderful.
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Post  Birdman Thu Nov 18, 2010 2:47 pm

Are hot rocks rare earth metals?
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Post  Birdman Thu Nov 18, 2010 3:05 pm

where can i get my hot rocks tested?
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Post  Guest Thu Nov 18, 2010 4:11 pm

a VD clinic

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Post  Alf Thu Nov 18, 2010 6:33 pm

To many hot rocks to be rare elements, they arent as rare as gold, cause I find more of them than gold

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Post  Birdman Fri Nov 19, 2010 2:43 pm

Where can i find a free site that lists all the prices of minerals globally including rare earths to gold. I am interested in tracking and watching the global pricing of metal.

Such as lithium for instance used in batteries.
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Post  Guest Fri Nov 19, 2010 3:40 pm

Try this one Birdman,

http://www.basemetals.com/

Dingo

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Post  harryopal Sat Nov 20, 2010 12:34 pm

Good morning `Birdman',

Page 33 in the Business section of the weekend Australian has an article `Aussie rare earth deposits attract Japan and US.

Yours tropically, Harry

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Post  Birdman Sat Nov 20, 2010 1:19 pm

Thanks harry good article. Very Happy
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Post  Guest Sun Nov 21, 2010 4:47 pm

Rare earth are in all electronic and electrical items today.
TV, wind generators, hybrid cars, medical body scanners and sensors for cancers etc, mobiles, ipods etc etc

rare earth are all on the Periodic table of elements we learn in physics at school.
China, Greenland, Mongolia, Australia and Usa have large amounts of rare earths.

China supplies about 94% of all rare earths for industry and is increasing its export imbargos at about 10% a year as they need more for themselves in their industry.

LYN Lynas production starts next year at Mt Weld north of Cue. Processing in Malaysia

Arafura ARU east of tennent creek. Will process in Australia and have a major facility as well. Has also a lot of phosphate (fertilzer).

Another big rare earth producer will be listed next year. will be 3rd or 4th biggest straight off the block in Australia, In the Kimberleys Cummins ranges.

Forget rare earths at the moment buy physical silver and all you can get!!!!!!

do some research

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Post  Guest Sun Nov 21, 2010 6:22 pm

In relation to rare earths.
Arafura is tied up with a chinese company. This company is massive in China just its rare earth industrial complex and quarry stock etc takes up 96kms square of chinese land. I use to talk to the directors at the AGM from time to time and keep in touch with their senior geo.
I am pretty sure that the rare earth can not be picked up with a minelab due to the concentration of the elements in the soil and rock.

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Post  Birdman Mon Nov 22, 2010 12:52 pm

Where is a good place to get hot rocks tested? the old idea that hot rocks is a rock struck by lightning is like a bullshit tale IMHO.
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Post  Guest Wed Nov 24, 2010 8:03 am

just get a dolly pot and grind it up with a hammer or sledge hammer and pulverise it good. It may have something in it or it may not. Then pan it off. That is if you are really keen . I try and avoid the hot rocks like the plague.
An do not believe it is worth the effort as they are only hot rocks. Now if you are looking for REE rare earth elements in the hot rocks who knows. But u will have to get a lab test done for the results and that is quite expensive for the average fossicker or prospector.

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