The supply of tantalum from non-conflict sources is stretched thin. Prices may rise as increased demand for electronics pushes electronics manufacturing companies' stockpiles to the limit. Tantalum prices have already jumped over the last year, and may continue their rise by 50 percent through 2011 as scrap for the metal is running out.
Commerce Resources Core. (CVE:CCE) reports that drilling is underway on it’s Eldor tantalum-niobium and rare earth element project, Quebec, Canada. The goal for drilling is to identify a carbonatite-hosted REE deposit. For complete news release, click here. For Commerce Resources company profile, click here.
Commerce Resources Corp. (CVE:CCE) reports on the planned and ongoing exploration and development activities for its Blue River project, east-central British Columbia. The Blue River Property is host to the Upper Fir Tantalum and Niobium Deposit, which was discovered in 2002 and which has been the focus of the Company since 2005. The Blue River Project [...]
: With pressure mounting to provide transparency and responsibility in the supply chain for the electronics industry, the investment case for miners exploring for tantalum in conflict-free regions is increasing.
Commerce Resources is focused on developing projects hosting tantalum and niobium in British Columbia and Quebec. Commerce is positioned with sufficient capital to advance to commercialization and become a large and profitable producer of these metals for the global market
Wednesday, August 11, 2010