Deep Sea Mud Provides Potential Source of Rare Earth Minerals

Source: Tuscon Citizen, Jonathan DuHamel (7/6/11)

"Japan's Agency for Marine-Earth Science and Technology finds deposits of rare earth minerals in deep sea muds."

Tuscon Citizen, Jonathan DuHamel

Research and drilling by Japan's Agency for Marine-Earth Science and Technology claims to have found deposits of rare earth minerals in deep sea muds in the Pacific.

According to Reuters, the Japanese agency found "the minerals in sea mud extracted from depths of 3,500 to 6,000m (11,500-20,000 ft) below the ocean surface at 78 locations. One-third of the sites yielded rich contents of rare earths and the metal yttrium." The deposits, found in international waters stretching east and west of Hawaii, as well as east of Tahiti in French Polynesia, are estimated to contain 80 to 100B tons of rare earth elements which could be extracted by simple acid leaching.

It remains to be seen if these very deep resources can actually be economically recovered.

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Mineral Exploration Co. Makes Important Discovery
Source: Ron Struthers (04/18/2024)

Ron Struthers of Struthers Resource Stock Report takes a look at the hundreds of M&A agreements recently signed, the current state of copper as it is breaking out, and Zonte Metals, a company that recently made an important discovery.

Expert Says Idaho Copper Stock Positioned To Deliver Big
Source: Clive Maund (04/18/2024)

In light of this morning's news, Technical Analyst Clive Maund takes a look at NevGold Corp. to explain why he believes it is an Immediate Strong Buy.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.