Company
CNSX:AUAG
Auxico Resources Canada Inc is focused on the production of critical minerals and high-value metals, including niobium, tantalum, platinum group metals and rare earth elements. The company is the exclusive trade agent for rare earth concentrates from the Democratic Republic of Congo (DRC), containing rare earths used as permanent magnet materials and including neodymium, praseodymium, dysprosium, terbium and gadolinium. Auxico is positioned to be a major supplier of critical minerals and rare earth elements to Western economies, with access to close to 4 million tonnes of such minerals - the largest deposits outside of China. The company also owns directly or through joint ventures, mineral rights in Colombia, Bolivia, and Brazil.
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High-grade silver results attracted some speculators to shares of a precious metals explorer and project developer Thursday, plus other big percentage movers on news from the small and microcap space
Rare earths & specialist minerals
The agreement gives Auxico a 70% profit share on all sales of tin ore executed with its partner Gracor SAS
Rare earths & specialist minerals
The Canadian company said it has sold 720 tons of monazite since April this year, including the latest trade, representing a total provisional value of US$3.8 million
Rare earths & specialist minerals
Chairman Mark Billings said Kozak, who previously served as president at Appia Rare Earths & Uranium, is an "ideal candidate to advance the company's growth and strategic objectives"
Rare earths & specialist minerals
The Canadian company said the agreement is for the purchase of 3,600 tonnes of tin concentrate per year, over a five-year period, for a total of 18,000 tonnes of commercial tin concentrates
