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East Kemptville tin mine could resume production in a few years

Posted by AGORACOM-JC at 12:28 PM on Monday, July 6th, 2015

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  • Company granted a special licence by the province in March of this year for the East Kemptville Mine formerly owned by Rio Algom.
  • If all goes as planned, the mine could resume operation within 3 to 4 years

By Yvonne Colbert, CBC News Posted: Jul 06, 2015 6:00 AM AT Last Updated: Jul 06, 2015 6:00 AM AT

Avalon Rare Metals Inc. plans to invest $1.3 million into preliminary work to determine the feasibility of re-starting the East Kemptville Mine.Avalon Rare Metals Inc. plans to invest $1.3 million into preliminary work to determine the feasibility of re-starting the East Kemptville Mine. (Adrian Wyld/Canadian Press)

 

A Canadian mining company and politicians in southwest Nova Scotia are hoping an idle tin mine in the area will help the economy rebound.

Toronto-based Avalon Rare Metals Inc. was granted a special licence by the province in March of this year for the East Kemptville Mine formerly owned by Rio Algom.

Avalon plans to invest $1.3 million into preliminary work to determine the feasibility of re-starting the mine.

The site is located about 45 kilometres northeast of Yarmouth.

Rio Algom closed the mine in 1992 because of falling tin prices, but Avalon president and CEO Don Bubar says a lot has changed since then, including a recovery in the price of tin and potentially higher prices in the future.

“There’s [also] lots of new demand for tin from its new application in the use of lead-free solders and electronics,” says Bubar.

He says the mine also contains the rare metal indium which was not previously mined at the site. Mining it could make the mine even more viable.

“In the past it had limited commercial use, but now it’s got growing application in electronics, is in demand,” said Bubar.

He expects a dozen people to be employed at the remote site this summer, the majority of them Nova Scotians.

If the project moves forward, he said as many as 200 people could be employed there.

“We know that part of the province suffers from high unemployment,” he said. “There’s a good skilled labour force there that would love the opportunity to work in an operation like that close to home, so we think we can fill most of our employment needs in Nova Scotia,” said Bubar.

An economic boon for the area

All of this is music to the ears of politicians in the nearby town of Shelburne. Mayor Karen Harris-Matattall says the prospect of that many jobs is exciting in an area that has been struggling.

“Like most rural communities, we’re losing people because they need employment and it’s a struggle to get employment in rural Nova Scotia, so this may well be something that’s going to work out very well and be very positive for this community,” she said.

The mayor said the town is also hoping to convince the company to use the port of Shelburne to ship its product.

Bubar says if all goes as planned, it will be three or four years before the mine is operating.

Source: http://www.cbc.ca/news/canada/nova-scotia/east-kemptville-tin-mine-could-resume-production-in-a-few-years-1.3137873

Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

Posted by AGORACOM-JC at 11:34 AM on Tuesday, June 30th, 2015

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  • Proceeding with a $1.3 million work program in South-western Nova Scotia to reopen a historic tin-indium mine.
  • Working on completing a Preliminary Economic Assessment for the project by November this year, is betting on recently approved legislation in Europe, which bans all products containing conflict minerals from war zones in Africa.

Canada’s Avalon Rare Metals (TSX:AVL), until now mostly known for its incursion in the rare earths market, is proceeding with a $1.3 million work program in South-western Nova Scotia to reopen a historic tin-indium mine.

The company, working on completing a Preliminary Economic Assessment (“PEA”) for the project by November this year, is betting on recently approved legislation in Europe, which bans all products containing conflict minerals from war zones in Africa.

Speaking at the 128th Annual Meeting of The Nova Scotia Mining Society late in June, Avalon’s President and CEO Don Bubar said the European Union anti “blood metals” rules, together with the U.S. Dodd-Frank Act, which forces US stock exchange-listed companies to disclose the use of minerals from a conflict zone in their supply chains, gives Avalon’s tin project huge advantages.

The miner was granted a special exploration licence to search 22 claims totalling 356.12 hectares. It also received a $40,000 project grant from the province earlier this year to assist with test drilling.

“We’re hopeful, at this point,” Natural Resources Minister Zach Churchill told MINING.com in an interview mid-June, adding that since market prices for tin have improved, the Nova Scotia government is optimistic about the prospects at the location.

“Any activity on that site is encouraging, but we need to wait and see what the results of the ongoing exploration drilling are before we rise our hopes too much,” Churchill said. He also noted there would have to be an environmental assessment done before any work can resume at the site.

Victim of falling prices

Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

Avalon’s President and CEO, Don Bubar, in March 2014. (Image courtesy of Avalon)

The Rio Algom tin mine in East Kemptville operated in the area from the mid-1980s to 1992, employing 200 people from Yarmouth and Shelburne counties. At the time, it was North America’s only open-pit tin mine, but it had to close after prices for the metal dropped to levels reaching well below US$3 per pound.

And while the metal used in electronics and packaging is now trading at more than double that price, it is down 23% so far this year, which makes it the worst-performing industrial metal on the London Metal Exchange.

No wonder analysts are not optimistic about the short-term outlook for it. Steve Hardcastle, head of client services for industrial commodities at Sucden Financial Ltd. in London, is one of them. He told Bloomberg last week that tin prices were set for the biggest first-half decline in 25 years because of abundant supplies and weak demand.

“The long-term future for tin is not brilliant, and it’s been reflected in the price,” Hardcastle said. “The big unknown 18 months ago was Myanmar, which is now filling the gap.”

In addition to East Kemtpville, Avalon Rare Metals has projects underway in Separation Rapids near Kenora, Ontario and Nechalacho, Thor Lake, in the North West Territories.

Source: http://www.mining.com/avalon-banks-on-new-blood-metals-rule-for-canadas-tin-mine-success/

Tin price bulls coming out of hibernation

Posted by AGORACOM-JC at 11:29 AM on Tuesday, June 30th, 2015

 

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  • Shrinking tin stocks, dwindling supplies from Myanmar and new Indonesian rules to curb exports are at last creating conditions for bulls who for some time have expected to see higher prices. 

A labourer takes down tin boxes inside a tin container recycling factory in a slum area in Mumbai January 12, 2015. REUTERS/Danish Siddiqui

A labourer takes down tin boxes inside a tin container recycling factory in a slum area in Mumbai January 12, 2015.
Reuters/Danish Siddiqui

LONDON Shrinking tin stocks, dwindling supplies from Myanmar and new Indonesian rules to curb exports are at last creating conditions for bulls who for some time have expected to see higher prices.

But the optimism is tinged with caution as much depends on whether top exporter Indonesia can limit its shipments abroad, something it has failed to do in recent months.

That’s one reason why benchmark tin prices on the London Metal Exchange (LME), at around $15,000 a tonne, are down about 25 percent since early January this year.

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Stocks of tin at 6,810 tonnes in LME-approved warehouses are about half the levels seen in December, the lowest in more than six years and only a fraction of global consumption estimated at 350,000 tonnes this year.

“There is a clear trend toward a depletion of stocks,” said Nicholas Snowdon, metals analyst at Standard Chartered.

“Indonesian exports will be increasingly constrained in the second half of the year. Chinese refined production has become more constrained with less Myanmar concentrate and altogether that points to a tightening trend in the market.”

Stronger growth in top consumer China in the second half of this year and the feed-through into demand for semiconductors and tin are also expected to be a plus for prices.

Solder used in electronics is the most important consumer of tin, accounting for about half of global use of the metal.

To halt illegal exports, Indonesian producers from Aug. 1 will need to prove that their tin comes from government-certified mines before it can be shipped.

One factor that has weighed on global prices is a surprising surge in supply as China’s imports of tin ore from Myanmar spiked, with shipments up over 80 percent so far this year.

But May imports at 21,456 tonnes are down 35 percent from April, which suggests the peak may already have been seen. Additionally, the concentrate from Myanmar is said to contain little tin.

“Some of it can be as low as 10 percent, most internationally traded concentrate has 55 to 75 percent tin,” said Peter Kettle, manager of markets at industry group ITRI.

“To some extent, people (in Indonesia) are exporting while they can … volumes will probably fall after August 1 when there will be more scrutiny of export licenses.”

However, there are doubts the new rules will be applied rigorously, and if they are, traders expect metal to be smuggled out of the country.

The country’s tin smelters in March agreed to limit monthly exports at 4,500 tonnes, which was subsequently lowered to 4,000 tonnes. But exports in April, May and June exceeded that number.

“The market needs to see exports much lower before it believes the curbs will work,” said Stephen Briggs, metals analyst at BNP Paribas. “The bullish side is low stocks.”

(Editing by Veronica Brown and Dale Hudson)

Source: http://www.reuters.com/article/2015/06/29/us-tin-supply-prices-idUSKCN0P902C20150629

INTERVIEW: Avalon Rare Metals Discusses Advancement on Past Producing East Kemptville Tin-Indium Project

Posted by AGORACOM-JC at 12:22 PM on Friday, June 26th, 2015

  • East Kemptville Tin-Indium Project was re-activated in 2014 and is advancing steadily with a new NI 43-101 resource estimate and a conceptual re-development study completed Feb 2015

Avalon is focused on rare metal deposits in Canada, with three advanced stage projects. Its 100%-owned Nechalacho Deposit, Thor Lake, NWT is exceptional in its large size and enrichment in the scarce “heavy” rare earth elements, key to enabling advances in clean technology and other growing high-tech applications. Avalon is also advancing its Separation Rapids Lithium Minerals Project, Kenora, ON and its East Kemptville Tin-Indium Project.

Hub On AGORACOM / Corporate Website / Watch Interview Now!

 

 

Metals Company CEO Hopeful Tin Mine Could Once Again Make NS Tin Capital Of North America

Posted by AGORACOM-JC at 3:24 PM on Thursday, June 18th, 2015

 

Metals Company CEO Hopeful Tin Mine Could Once Again Make NS Tin Capital Of North America.

A Toronto-based company has begun a $1.3 million work project at the site of the former East Kemptville tin mine in Yarmouth County.

And the CEO of Avalon Rare Metals tells CJLS, that if the demand and the price for tin remain stable, there could be 200 full-time jobs at the site once it’s into full production.

The work by Avalon Rare Metals Inc. involves 2,000 metres of diamond drilling, metallurgical process test work and preliminary environmental studies.

Don Bubar, President and CEO tells CJLS, that this summer’s East Kemptville Tin-Indium Project will move the company one step closer to realizing its goal of re-establishing Nova Scotia as the Tin Capital of North America.

In 1992 Rio Algom closed its tin mine in East Kemptville after demand and prices for the metal plummeted after the international cartel that controlled the product folded.

But Bubar says the whole supply and demand picture has changed since then.

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Bubar tells CJLS that once the operation is in full production, he expects a similar operation as was the case in the mid-80’s.

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Bubar cautions there is still a lot of work to be done before the mine is at full capacity.

Approximately twelve people will be employed at the site during this summer’s project.

Source: http://cjls.com/metals-company-ceo-hopeful-tin-mine-could-once-again-make-ns-tin-capital/

 

Mining company testing for possible lucrative future in East Kemptville

Posted by AGORACOM-JC at 3:13 PM on Thursday, June 18th, 2015

 

YARMOUTH – Avalon Rare Metals Inc. is proceeding with a $1.3 million work program on an East Kemptville tin-indium project. At least 12-13 positions will be created, of which Avalon expects to fill seven with locally based people.

The Rio Algom tin mine formerly operated in the area from the mid-1980s to 1992, employing 200 people in Yarmouth and Shelburne counties. It closed after tin prices dropped to levels reaching well below $3 (US) per pound. Tin is now selling for double that price.

Don Bubar, Avalon Rare Metals president and CEO, says a new mine could generate 200 jobs if findings warrant production.

The exploratory work will involve 2,000 metres of diamond drilling, metallurgical process test work and preliminary environmental studies.

The work will generate the data required to complete a preliminary economic assessment by November.

Drilling is scheduled to commence in early July and be completed in September with initial results expected in late August.

The drilling program will increase confidence in mineral resources in two zones on the property, collect fresh sample material for bench-scale metallurgical process testwork and test two exploration targets (Duck Pond and South Grid) where there are encouraging results from historical drilling.

It is anticipated that advances in process technology achieved since the 1980s will result in improved recoveries and also confirm the presence of significant indium in the zinc concentrate.

Feasibility study work is expected to begin in early 2016.

Bubar says he is delighted with the significant progress made on the East Kemptville project over the past year.

“This summer’s work program will allow us to complete a preliminary economic assessment by the end of 2015 and move us one step closer to realizing our goal of re-establishing Nova Scotia as the Tin Capital of North America,” he said.

In March 2015, Avalon was granted a new special licence by the Province of Nova Scotia covering the whole East Kemptville mine area and encompassing all the known tin deposits. The licence has a three year term expiring Jan. 31, 2018, renewable for two additional terms of one year each and requires the company to spend $5,250,000, over three years including $750,000 in the first year.

Discussions continue towards reaching an agreement to transition the property to Avalon. The parties expect to conclude an agreement later in 2015.

In addition to East Kemtpville, Avalon Rare Metals has projects underway in Separation Rapids near Kenora, Ontario and Nechalacho, Thor Lake, NWT.

Source: http://www.thevanguard.ca/News/Local/2015-06-18/article-4186926/Mining-company-testing-for-possible-lucrative-future-in-East-Kemptville/1

Avalon Commences $1.3 Million Work Program on the East Kemptville Tin-Indium Project, Yarmouth Co., Nova Scotia

Posted by AGORACOM-JC at 4:42 PM on Monday, June 15th, 2015

  • Announced start of a $1.3 million work program on the East Kemptville Tin-Indium Project in southwestern Nova Scotia
  • Program will involve 2,000 metres of diamond drilling, metallurgical process testwork and preliminary environmental studies
  • Qork will generate the data required to complete a Preliminary Economic Assessment by November, 2015

TORONTO, June 15, 2015 — Avalon Rare Metals Inc. (TSX:AVL) (NYSE MKT:AVL) (“Avalon” or the “Company”) is pleased to announce the start of a $1.3 million work program on the East Kemptville Tin-Indium Project in southwestern Nova Scotia. The program will involve 2,000 metres of diamond drilling, metallurgical process testwork and preliminary environmental studies. This work will generate the data required to complete a Preliminary Economic Assessment (“PEA”) by November, 2015. Drilling is scheduled to commence in early July and be completed in September with initial results expected in late August. The drilling program will increase confidence in mineral resources in both the Main and Baby Zones, collect fresh sample material for bench-scale metallurgical process testwork and test two exploration targets (Duck Pond and South Grid) where there are encouraging results from historical drilling.

Bench-scale metallurgical test work has been initiated at a laboratory in the UK with expertise in processing similar tin ores. This program is designed to evaluate the metallurgical process flowsheet from grinding through to copper and zinc sulphide flotation to tin recovery by both gravity and flotation methods. It is anticipated that advances in process technology achieved since the 1980s will result in improved recoveries to all three concentrates and also confirm the presence of significant indium in the zinc concentrate. This work is targeted for completion in September, 2015 and is required to better define expected metal recoveries and concentrate grades for the PEA.

Initial environmental field work will also begin this summer with the objective of determining the scope of environmental management work that will be required going forward for inclusion in the PEA, and to define the requirements for the environmental assessment and permitting process to be carried out in conjunction with a feasibility study. Feasibility study work is expected to begin in early 2016.

Don Bubar, President and CEO stated, “I am delighted with the significant progress we have made on the East Kemptville Tin-Indium Project over the past year. This summer’s work program will allow us to complete a preliminary economic assessment by the end of 2015 and move us one step closer to realizing our goal of re-establishing Nova Scotia as the Tin Capital of North America”.

Drilling Program

The 2015 drilling program will involve some 17 holes with the following primary objectives:

  • Detailed drilling of the Baby Zone to bring Inferred Resources to the Indicated level of confidence, test potential depth extensions and map the detailed mineralogy of the zone with a focus on possible enrichment in other rare metals such as germanium and lithium. The Baby Zone is the highest grade known tin zone on the property. The 2014 drilling program yielded assays of up to 0.41% Sn, 0.53% Zn and 16.77 ppm In over 67.85 metres in the Baby Zone.
  • Limited drilling on the Main Zone, largely to collect sample material for mineralogical and metallurgical purposes, but also to test the zone to depth and increase Indicated Resources. See Avalon’s news release dated October 31, 2014 for further resource information.
  • Exploratory drilling at the Duck Pond and South Grid zones. These two known tin zones were drilled at the time of original development of the mine in the 1980s, but saw no subsequent exploration. The Duck Pond zone was tested in the past by more than 20 drill holes, returning intersections assaying up to 0.17% Sn over 42.71 metres. The results are sufficiently encouraging to suggest that there is potential to develop further mineral resources at Duck Pond. The South Grid zone is an area along trend southwest of the Baby Zone where limited widely spaced drilling has produced intersections of up to 0.31% Sn over 33.0 metres1.

Ultimately, better defining the known resources to at least the Indicated level of confidence will allow the inclusion of those resources in a feasibility study. Expanding these resources will extend the mine life and strengthen the overall business case for re-development.

Land Tenure

In March 2015, Avalon was granted a new Special Licence by the Province of Nova Scotia covering the whole East Kemptville mine area and encompassing all the known tin deposits. The Special Licence has a three year term expiring January 31, 2018, renewable for two additional terms of one year each and requires the Company to spend $5,250,000, over three years including $750,000 in the first year.

Following receipt of the new Special Licence, the site access agreement with the surface rights holder was extended until September 30, 2015 to provide the necessary access for the 2015 work program. In the meantime, discussions continue towards reaching an agreement to transition full title to the property to Avalon. The parties expect to conclude an agreement later in 2015.

Qualified Persons

The technical information contained in this document has been reviewed and approved by Bill Mercer, P. Geo. (NS) and Vice President, Exploration and Donald Bubar, P. Geo. (ONT), President and CEO, who are qualified persons for the purposes of National Instrument 43-101.

About Avalon Rare Metals Inc.

Avalon Rare Metals Inc. is a mineral development company focused on rare metal deposits in Canada, with three advanced stage projects. Its 100%-owned Nechalacho Deposit, Thor Lake, NWT is exceptional in its large size and enrichment in the scarce “heavy” rare earth elements, key to enabling advances in clean technology and other growing high-tech applications. Avalon is also advancing its Separation Rapids Lithium Minerals Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.

For questions and feedback, please e-mail the Company at [email protected], or phone Don Bubar, President & CEO at 416-364-4938.

Cautionary Statement

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the commencement and completion of its work programs, that these programs will increase confidence in mineral resources and generate the data required for a PEA, that results will be available in late August, 2015, that advances in process technology achieved since the 1980s are anticipated to result in improved recoveries, that feasibility study work is expected to begin in early 2016, that a PEA will be completed by the end of 2015, that better defining the known resources to at least the Indicated level of confidence will allow the inclusion of those resources in a feasibility study, that expanding these resources will extend the mine life and strengthen the overall business case for re-development and that Avalon and the surface rights holder expect to reach an agreement later in 2015. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “potential”, “scheduled”, “anticipates”, “continues”, “expects” or “does not expect”, “is expected”, “scheduled”, “targeted”, “planned”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be” or “will not be” taken, reached or result, “will occur” or “be achieved”. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to market conditions, the possibility of cost overruns or unanticipated costs and expenses, and unanticipated results from the work programs, as well as those risk factors set out in the Company’s current Annual Information Form, Management’s Discussion and Analysis and other disclosure documents available under the Company’s profile at www.SEDAR.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Company’s plans and objectives and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

Cautionary Note to U.S. Investors Concerning Estimates of Reserves and Resources

Unless otherwise indicated, all reserve and resource estimates and other technical information included in this press release have been prepared in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.

Canadian standards for disclosure of information, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”), and reserve and resource information contained in this press release may not be comparable to similar information disclosed by United States companies. In particular, and without limiting the generality of the foregoing, the term “resource” does not equate to the term “reserve”. Under United States standards, mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC’s disclosure standards normally do not permit the inclusion of information concerning “measured mineral resources”, “indicated mineral resources” or “inferred mineral resources” or other descriptions of the amount of mineral in mineral deposits that do not constitute “reserves” by United States standards in documents filed with the SEC. The requirements of NI 43-101 for identification of “reserves” are also not the same as those of the SEC, and reserves reported by Avalon in compliance with NI 43-101 may not qualify as “reserves” under SEC standards. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with United States standards.

1 The historic drill intercepts are reported in reports filed with the Nova Scotia government (i) a qualified person has not done sufficient work to verify these historical assays as reliable under NI 43-101; and (ii) the historical results should not be relied upon.

Avalon Closes Public Offering for Gross Proceeds of $4 Million

Posted by AGORACOM-JC at 9:31 AM on Wednesday, May 27th, 2015

  • Closed its previously announced public offering of flow-through common shares and units as described in the Company’s news release of April 29, 2015. The Offering has resulted in gross proceeds to the Company of $4.007 million.
  • Company intends to use the gross proceeds from the sale of the Flow-Through Shares for work on three mineral properties: the Nechalacho Rare Earth Elements Project, the East Kemptville Tin-Indium Project and the Separation Rapids Lithium Project and the net proceeds from the sale of the Units for working capital and general corporate purposes

Toronto, Ontario–(May 27, 2015) – Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL)(“Avalon” or the “Company“) is pleased to announce that it has closed its previously announced public offering (the “Offering“) of flow-through common shares (the “Flow-Through Shares“) and units (the “Units“) as described in the Company’s news release of April 29, 2015. The Offering has resulted in gross proceeds to the Company of $4.007 million.

The Company issued 6,410,254 Flow-Through Shares priced at $0.39 per Flow-Through Share and 4,431,970 Units priced at $0.34 per Unit. Each Unit consists of one common share (a “UnitShare“) and one-half of one non-transferrable common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.425 per share, until November 27, 2016. Each Flow-Through Share will qualify as a “flow-through share” within the meaning of the Income Tax Act(Canada).

The Company intends to use the gross proceeds from the sale of the Flow-Through Shares for work on three mineral properties: the Nechalacho Rare Earth Elements Project, the East Kemptville Tin-Indium Project and the Separation Rapids Lithium Project and the net proceeds from the sale of the Units for working capital and general corporate purposes.

Secutor Capital Management Corp. (“Secutor“) acted as the agent for the Offering, and was paid a cash fee of $240,412 and was issued 650,533 agent compensation warrants. Each agent compensation warrant is exercisable into one common share of the Company at an exercise price of $0.34 per share until November 27, 2016.

The Offering was made outside of the United States by way of a prospectus supplement dated April 29, 2015 to the Canadian base shelf prospectus dated September 10, 2013. The prospectus supplement relating to the Offering was filed with the applicable provinces and territories in Canada and is available on SEDAR at www.sedar.com. The prospectus supplement forms part of the shelf registration statement filed with the United States Securities and Exchange Commission (the “SEC“), File No. 333-190771, which was declared effective by the SEC on September 12, 2013, and was filed with the SEC pursuant to General Instruction II.L. of Form F-10 under the U.S. Securities Act registering for distribution under the U.S. Securities Act the Unit Shares, Warrants and Flow-Through Shares and is available at the SEC’s website www.sec.gov.

This press release shall not constitute an offer to sell or solicitation of an offer to buy these securities, and these securities may not be offered or sold in any jurisdiction in which their offer or sale would be unlawful.

About Avalon Rare Metals Inc.

Avalon Rare Metals Inc. is a mineral development company focused on rare metal deposits in Canada, with three advanced stage projects. Its 100%-owned Nechalacho Deposit, Thor Lake, NWT is exceptional in its large size and enrichment in the scarce “heavy” rare earth elements, key to enabling advances in clean technology and other growing high-tech applications. Avalon is also advancing its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.

For questions and feedback, please e-mail the Company at [email protected], or phone Don Bubar, President & CEO at 416-364-4938.

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements related to how the Company plans to use the proceeds from the Offering and the adequacy of cash available to fund planned activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “potential”, “scheduled”, “anticipates”, “continues”, “expects” or “does not expect”, “is expected”, “scheduled”, “targeted”, “planned”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be” or “will not be” taken, reached or result, “will occur” or “be achieved”. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to market conditions, and the possibility of cost overruns or unanticipated costs and expenses as well as those risk factors set out in the Company’s current Annual Report, Management’s Discussion and Analysis and other disclosure documents available under the Company’s profile at www.SEDAR.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Company’s plans and objectives and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

European Parliament votes in favour of a mandatory monitoring system for conflict minerals

Posted by AGORACOM-JC at 11:26 AM on Monday, May 25th, 2015

  • European Parliament voted in favour of a mandatory monitoring system for minerals, including tin, gold and tantalum, from conflict regions
  • Bill covers not only mineral importers, smelters and refiners, but also obligates manufacturers of consumer products to ensure that their products do not contain materials made with minerals produced to fund armed conflict

In our ongoing efforts to provide you with broader communications and industry information, Avalon Rare Metals Inc. is pleased to issue this Industry Bulletin, which follows up on the April 20, 2015 Industry Bulletin entitled “EU establishes voluntary system for conflict-free mineral certification.”

On May 20, 2015, the European Parliament voted in favour of a mandatory monitoring system for minerals, including tin, gold and tantalum, from conflict regions. This end result was unexpected according to some observers, and goes beyond the proposal of the European Parliament’s International Trade Committee, which recommended self-certification but did not extend beyond smelters and refiners.

This bill covers not only mineral importers, smelters and refiners, but also obligates manufacturers of consumer products to ensure that their products do not contain materials made with minerals produced to fund armed conflict. While this bill has some hurdles to overcome as it goes through the legislative process, it highlights the global trend toward promoting socially and environmentally responsible production of critical raw materials.

Avalon’s East Kemptville tin-indium deposit, located in Yarmouth County, Nova Scotia is currently being evaluated as a potential new North American source of conflict-free tin. Avalon’s Nechalacho Heavy Rare Earth deposit in the Northwest Territories is a potential source of tantalum produced in an environmentally and socially responsible way, along with rare earths and zirconium.

Avalon’s President & CEO, Don Bubar, commented: “This vote by the European Parliament is further confirmation that our commitment to sustainability in all aspects of our business positions us well to serve the future critical raw material needs of responsible manufacturing companies in the European Union and elsewhere around the world.”

For more information please see http://www.euractiv.com/sections/development-policy/parliament-votes-binding-conflict-minerals-regulation-314741. If you have any comments or questions on this article or the rare earths generally, please do not hesitate to contact Avalon directly at[email protected].

ABOUT AVALON RARE METALS INC.

Avalon Rare Metals Inc. (TSX & NYSE MKT: AVL) is a mineral development company focused on rare metal deposits in Canada, with three advanced stage projects. Its 100%-owned Nechalacho Deposit, Thor Lake, NWT is exceptional in its large size and enrichment in the scarce ‘heavy’ rare earth elements, key to enabling advances in clean technology and other growing high-tech applications. Avalon is also advancing its Separation Rapids Lithium Minerals Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.

130 Adelaide St. W, Suite 1901
Toronto, ON M5H 3P5
Tel: (416) 364-4938
Email: [email protected]

INTERVIEW: Avalon Rare Metals Inaugural Q&A – May 21, 2015

Posted by AGORACOM-JC at 10:38 AM on Thursday, May 21st, 2015

Investment Highlights

  • Avalon offers diversified exposure to a broad range of rare metals and minerals (including tin) that are critical raw materials for clean technology
  • Nechalacho Project, with a completed feasibility study, an approved Environmental Assessment and a rare earth oxide refining solution in place, is uniquely positioned to bring a new supply of the scarce, yet vital heavy rare earths to the market
  • East Kemptville Tin-Indium Project was re-activated in 2014 and is advancing steadily with a new NI 43-101 resource estimate and a conceptual re-development study completed Feb 2015
  • Separation Rapids Lithium Minerals (Petalite) Project is advancing due to new demand from the glass-ceramics industry for the petalite product and for its potential to produce high purity lithium chemicals for the growing rechargeable battery market

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