Ditem Explorations Inc DTEMF

Ditem Explorations Inc. (Ditem) is a Canada-based exploration stage company. The Company has mineral properties in the provinces of Quebec and Saskatchewan. The Company is focused on the exploration and development of gold properties. The Company holds a 100% interest in the Otish Mountains property. The Company’s Lalande property is situated on the North Shore approximately 12 kilometers northwest of La Romaine. Ditem signed a letter of agreement with Golden Valley Mines granting to Ditem the option to hold over 66% interests in the Beartooth property. Ditem signed a letter of intent with an arm’s length third party to hold over 100% interests in the Bruell gold property in Vauquelin Township near Val-d’Or, Abitibi. Ditem Exporations signed an option purchase agreement for a 100% interest in three gold exploration properties (Detour Gold Trend property) in northwestern Quebec.

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Ditem Explorations Inc

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Comment by ANBCAon Oct 25, 2012 2:57pm

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Post# 20524371

RE: this is good news for rares earths..

Thanks. Here is a rough Google translation.

The largest producer of rare earths China has suspended its production to promote "healthy development" of the market for these essential minerals for the manufacture of mobile phones and high-technology products, announced the group Baotou Steel Rare-Earth Hi-tech Co in a statement.

China has a stranglehold on the global production of 17 of these metals found in hybrid cars, weapons, flat-screen TVs, mobile phones or lighting mercury vapor.

But Beijing has cut its export quotas for rare earths in recent years to meet growing domestic demand, the Chinese authorities also citing environmental reasons.

The group did not say when production would resume.

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