Valence Industries (ASX:VXL) makes first sale of flake graphite from Australia in 20+ years from its Uley Graphite facility and develops the Bankable Feasibility Study to significantly expand production capacity.
Valence Industries Limited (ASX:VXL) continues the re--commissioning and upgrading of the Company's existing graphite manufacturing facilities at Uley near Port Lincoln in South Australia.
Maersk Oil, a wholly owned subsidiary of Copenhagen's AP Moller-Maersk AS, has decided to write off US$1.7 billion of investments in the Wahoo and Itaipu oil fields, while divesting its ownership in the Polvo field.
Hudson Resources Limited has accepted Sovereign Gold Company Limited's (ASX:SOC) (Sovereign Gold) offer for its Mount Adrah shares and options bringing Sovereign Gold's interest in Mount Adrah Gold Limited (Mount Adrah) to 95.9%.
Avalon Rare Metals Inc (TSE:AVL) (NYSEMKT:AVL) is pleased to announce that it has closed its previously announced non-brokered private placement of flow-through common shares ("Flow-Through Shares") and non flow-through units ("Non Flow-Through Units") (collectively, the "Private Placement"), as described in the Company's news release of June 19, 2014.
Sovereign Gold Co Ltd (Sovereign Gold) (ASX:SOC) advises that Hudson Resources Limited (ASX:HRS) (Hudson) has acquired a 17.2% holding in Mount Adrah Gold Limited (Mount Adrah), a subsidiary of Sovereign Gold.
On June 19, 2014, the House of Commons Standing Committee on Natural Resources ("the Committee") released a document titled The Rare Earth Elements Industry in Canada - Summary of Evidence.
