Matamec Q3 results impacted by rare earths downturn

By Emma Hughes
Published: Tuesday, 03 December 2013

Company records reduced earnings; looks to progress Kipawa project

Canada-based junior rare earths explorer, Matamec Explorations Inc. has reported reduced net earnings for the third quarter of 2013, highlighting the significant price descent the rare earths industry has experienced over the past 12 months.

Net earnings for Q3 2013 were reduced from Canadian dollar (C) $2,369,141 ($2,224,964*) in the...

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