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Stock Market & Financial Investment News

News Breaks
March 11, 2013
16:14 EDTREERare Element says drilling results confirm high grades of rare earth oxide
Rare Element Resources announced rare earth element assay results from the final core holes completed during the 2012 drilling program at the company's 100% owned Bear Lodge property, located in northeastern Wyoming, USA. The drilling results confirm that the Bear Lodge deposits contain high grades of total rare earth oxide, including high abundances of combined Critical Rare Earth Oxides, the company said.
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August 7, 2014
07:02 EDTREERare Element reports Q2 EPS (6c) vs. (12c) last year
For accounting purposes, the Company is classified as an exploration stage company and, as such, does not have production-related revenues at this time. The key drivers behind the lower year-over-year expenses were primarily a decrease in exploration and evaluation expenses of $0.9M, the result of a shift to technical and economic evaluation with a related reduction in exploration expenses offset slightly by an increase in expenses for metallurgical and engineering test work, lower corporate administrative cost of $0.5M, primarily due to lower stock-based compensation expense, and a favorable variance in currency translation of $0.9M.

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