Welcome to the Great Western Minerals Group HUB On AGORACOM
Great Western Minerals Group Ltd. is a Saskatchewan-based junior exploration company. GWMG is engaged in the acquisition, exploration, and development of rare earth mineral properties in North America.
NEW YORK, NY--(Marketwire -02/02/12)- Rare Earth stocks had a strong January. The Market Vectors Rare Earth/Strategic Metals ETF - which seeks to replicate the price and yield performance of foreign and domestic equity securities of publicly traded companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals - skyrocketed an impressive 18.6 percent last month as favorable economic data raised hopes that demand for the 17 rare earth metals would strengthen. The Paragon Report examines investing opportunities in the Rare Earth Industry and provides equity research on Lynas Corporation Limited (Pinksheets: LYSCF.PK - News) (ASX: LYC.AX - News) and Great Western Minerals Group Ltd. (TSX-V: GWG.V - News) (Pinksheets: GWMGF.PK - News). Access to the full company reports can be found at:
A World Trade Organization (WTO) appeals panel confirmed Monday that China's export restrictions on raw materials such as bauxite and magnesium violated global trade rules. While rare earth metals were not part of Monday's WTO ruling, Reuters argues that the WTO ruling against China's restrictions on raw material exports could force changes to some of its rare earth policies.
A number of U.S. lawmakers urged the United States to use the WTO decision to launch a new case to force China to lift its rare earth export restrictions.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the rare earth industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.
Shares of Lynas Corporation had a strong January, surging roughly 34 percent. Earlier this week, Reuters reported that Lynas warned against any move by Malaysia's political opposition to shut the company's $200 million rare earths processing plant, saying such action would deter other foreign investment in the country. Lynas is awaiting a temporary license to start operating the rare earths plant and is expected to receive a decision from the cabinet of Prime Minister Najib Razak next week.
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