IM Rare Earths News in Brief: 10-17 November 2014

By James Sean Dickson
Published: Monday, 17 November 2014

Kyrgyz government revokes mining licences for Stans Energy Kutessay II and Kalesay properties; Great Western Minerals Group reduces cash burn rate and focuses on its Steenkampskraal project; Hastings Rare Metals announces 230% JORC-compliant resource upgrade;

In Kyrgyzstan, the government has revoked mining licences for TSX-listed Stans Energy Corp.’s Kutessay II and Kalesay properties.

In late July, the Kyrgyz licencing committee of the State Agency for Geology and Mineral Resources presented a verdict in favour of the General Prosecutors Office. Kutisay Mining Ltd., the local subsidiary of...

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