IM Rare Earths News in Brief 12 - 17 August

By James Sean Dickson
Published: Monday, 18 August 2014

Great Western Minerals reports increased Q2 year-on-year profits; Stans Energy Corp. restructures in view of Kutessay II dispute; Tusaar Corp. given grant for research into rare earth recovery from geothermal waste.

TSX-V listed Great Western Minerals Group (GWMG), saw revenue increase by 31%, to Canadian dollar (C$) 5.6m ($5.14m*), year-on-year (y-o-y) for the second quarter 2014.

This was generated by its subsidiary company, Less Common Minerals (LCM), which produces rare earth based alloys, on the back of increased customer...

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