Merger/Acquisitions
Nickel Industries secures debt for Oracle buy (Mining Weekly)Nickel Industries in December last year inked a definitive agreement with partner Shanghai Decent Investment to acquire a 70% equity interest in the Oracle nickel project for $525-million, comprising of $371-million in acquisition funding and $154-million in shareholder loans.
BHP rebuffed in $5.8 billion takeover bid for OZ Minerals(Reuters)BHP Group (BHP.AX) was rebuffed in its A$8.34 billion ($5.8 billion) takeover bid for OZ Minerals (OZL.AX) on Monday, in a setback as it pushes to secure copper and nickel assets for a shift into clean energy and the electric vehicles (EVs) market. Reporting by Praveen Menon and Shashwat Awasthi; Editing by Himani Sarkar
Production/Operations
Canada Nickel begins federal permitting process for Crawford project (Canadian Mining Journal)Canada Nickel Company (TSXV: CNC; OTC: CNIKF) has commenced the federal impact assessment permitting process for its Crawford nickel project, following acceptance by the Impact Assessment Agency of Canada of the company’s initial project description (IPD).
Toro on target with fourth massive nickel sulphides discovery (The West Australian)Toro Energy has continued its run of impressive results at the company’s Dusty nickel project in Western Australia with the discovery of a fourth massive nickel sulphide zone from its ongoing diamond drill campaign.The latest discovery, named Dimma, was highlighted after a recent diamond drill hole hit a 3.6m section of massive sulphides from 244.1m.
Go Metals Begins Drilling at HSP Nickel-Copper PGE Project (Yahoo)Go Metals Corp. (CSE: GOCO) (“Go Metals” and/or the “Company”) is pleased to announce the 2022 diamond drilling program has started at the HSP Nickel-Copper PGE Project, Quebec, Canada (the “Property”). The 150 square kilometre property is within 15 kms of a Quebec Hydro maintained access road and the new Romaine IV hydroelectric facility.
Auroch firms up Kalgoorlie nickel resource estimate (The West Australian)Auroch is one step closer to completing a scoping study on its Saints nickel project near Kalgoorlie, releasing a JORC-compliant mineral resource update tallying 911,000 tonnes at 2.3 per cent nickel for 21,000 tonnes of contained nickel metal.
Talon Metals to explore 400K acres in UP for nickel(UpperMichigansSource)Talon Metals Corp. has entered an agreement with UPX Minerals Inc. for up to an 80% ownership interest in the mineral rights over a land package with 400,000 acres in the U.P. This land package covers a highly prospective terrain within 1.7 miles of the high-grade Eagle Nickel Mine the only active nickel mine in the USA today and is only 0.4 miles from the Humboldt Mill.
Contract/Orders
News Stories
Production/Operations
Commodities & The Future Of Battery Metals (the deep dive)Joining SmallCapSteve today is Anthony Milewski, Chairman of Nickel 28 Capital Corp (TSXV: NKL). Anthony talks about the current state of Nickel 28 and the nickel market, while also sharing his insights into a host of topics including the impact of the situation in Russia and Ukraine on hydrocarbons
Protests over toxic gold mining at Nile: Will there be truce in Sudan (Down To Earth)A protest against the harmful gold mining practices in River Nile state has entered its second week in Sudan. The sit-in demands to end the dangerous practices carried out during mining. The question remains whether the locals will finally be able to secure an end to dangerous mining practices and gold smuggling that plagues the region.
Technology Minerals Plc provides Asturmet exploration update (Global Mining Review)Technology Minerals Plc (TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, has announced that the St Patrick licence has been extended for three years and that field operations are progressing, with 164 new samples submitted for analysis at the 100% owned Aramo Copper-Cobalt-Nickel (Cu-Co-Ni) Project in Asturias, NW Spain.
Topsoe: Powering the energy transition with next generation LNMO-cathodes(Innovation News Network)The production of clean transportation fuels, and the development of sustainable solutions for said production, are both vital to the global energy transition. This emerging reality is the main driver of business at Topsoe, which strives to enable the global transition of heavy industry and transport from a carbon-heavy present to a zero-carbon future.
Talon to explore Upper Peninsula for nickel (Duluth News Tribune)A mining company looking to develop a nickel mine in Aitkin County now has the exploration rights for a 400,000-acre area in the Upper Peninsula of Michigan. Talon Metals Corp., which has been studying the possibility of an underground mine near Tamarack and expects to begin the environmental review process soon
Finnish shipyard to build icebreaker for Norilsk Nickel TV(TASS)Finland’s Arctech Helsinki Shipyard intends to start building an icebreaker for Russian mining and metals company Norilsk Nickel, managing director of the shipyard Simo Rastas told Yle TV Channel. “This ship will be the largest and the most efficient icebreaker constructed in Finland.
More nickel indicated for Saints project (Australian Mining)A new mineral resource estimate (MRE) completed for Auroch Minerals Saints nickel project in Western Australia has upgraded a significant portion of the nickel resource from inferred to indicated status.
NMDC eyes lithium, nickel, cobalt mines abroad (Livemint)NMDC Ltd is exploring opportunities overseas to mine lithium, nickel and cobalt as the state-run iron ore producer looks to meet strong demand in India which is seeking to become a global manufacturing hub for electric vehicles.
Sudbury’s critical minerals expertise can drive Canada’s electric vehicle industry (Innovation News Network)The words mining and Sudbury are synonymous you cannot have one without the other. Our city was founded on mining copper and forestry but quickly expanded to nickel, cobalt, palladium, and many other minerals. This is a similar story for other communities in Ontario that rely on mining for their economic activity.
Gender diversity in focus after Diggers (MiningNews.net)Much has been said about gender diversity in the industry this year given the damning release of the Enough is Enough report into sexual harassment in Western Australia’s fly-in, fly-out mining industry and the lack of female speakers at last month’s Noosa Mining Conference.
Enterprising open pit potential for Austral(Australian Mining)Copper producer Austral Resources has released its maiden mineral resource for the Enterprise deposit within EPM 17527 in the company Eastern Succession tenement package in Queensland. At a 0.7 per cent copper cut-off and to a depth of 85 metres below surface
Ontario’s new mines minister has a strong pedigree in mining (Northern Ontario Business)George Pirie, Ontario’s new minister of mines, comes from a Northern Ontario family that has been part of the Porcupine mining camp for more than 100 years. Although Pirie is a newbie at Queen’s Park as the newly elected MPP for Timmins, and a man with more than 35 years experience in the mining industry
Underground hydrogen storage an option in Aus(MiningWeekly.com)Australian scientists had uncovered the potential for large-scale, underground storage of hydrogen in salt caverns across the country, Minister for Resources and Northern Australia Madeleine King said. We know that the technology exists to store hydrogen underground and thanks to this work we now also know that Australia has the right geology to support the development
BNC production down 24pc (The Zimbabwe Mail)Bindura Nickel Corporation (BNC) nickel production for the period April to June 2022 was 24 percent lower than for the same period last year largely as a result of low grade ore processed. The Victoria Falls Stock Exchange (VFEX) listed nickel producer
World – A green transition should prioritize the ocean’s carbon sinks over deep-sea mining(Coastal News Today)The electrification of our livelihoods, in particular the development of electric vehicles, will require massive amounts of minerals including nickel, cobalt and manganese, which are all found in huge quantities on the seafloor. Deep-seabed mining (DSM) could not only help scale up the supply of minerals needed for phasing out of fossil fuels but also prevent some of the destructive fallout of future land-based mining.
High costs hit BNC(The Independent)BINDURA Nickel Corporation (BNC) is in the process of acquiring new underground mining mobile equipment to replace old technologies that have been pushing up operating costs, the firm said in an update to shareholders for the second quarter ended June 30 2022.
Mining and manufacturing production fall in June (IOL)This comes as both mining and manufacturing production fell more than expected in June as industry grappled with intensifying power outages and the weak economic climate. Story continues below
Indonesia revokes thousands of mining permits covering over 3 million hectares (MINING.com)Indonesia’s investment minister said more than 2,000 mining permits for various minerals have been revoked amid efforts to tighten the sector’s governance and plan for land redistribution. The ministry has revoked 2,065 permits covering more than 3.1 million hectares (7.66 million acres) of land across the country, Investment Minister Bahlil Lahadalia told reporters on Friday.
Botswana to produce battery metals (news.cn)As electric vehicles are moving steadily into the spotlight, Botswana is set to start producing battery metals, an official said Monday. Botswana’s Minister of Minerals and Energy Lefoko Moagi said BITRI Investments (Pty) Ltd, the commercial wing of the southern African country’s research and technology institute
LG Chem: NDR Takeaways: Shift to Advanced Materials(BusinessKorea)Competitiveness of cathode materials shines in 2Q22 LG Chem’s cathode materials business is estimated to have recorded sales of KRW1.02tr (+112% QoQ) and operating profit of KRW233.8bn (+248% QoQ) for 2Q22, accounting for 50% of sales (vs. 31% in 1Q22) and 70% of operating profit (vs. 44% in 1Q22) of advanced materials.
Torque kicks off fresh drill campaign in Goldfields (The West Australian)Torque Metals has restarted RC drilling at its flagship Paris gold project near Kalgoorlie in Western Australia as the company aims to test east and west extensions of recent discoveries along the Boulder-Lefroy fault zone.
Sabre Resources (ASX:SBR) begins diamond drilling at Sherlock Bay(The Market Herald)Sabre Resources (SBR) has commenced a diamond drilling program at its Sherlock Bay nickel-copper-cobalt project in Western Australia’s Pilbara region. The company has planned to drill four holes for up to 2400 metres, which were identified from new gravity survey data.
Pantoro (ASX:PNR) further expands Lamboo mineralisation (The Market Herald)Pantoro (PNR) has further expanded platinum group element (PGE) and nickel mineralisation at the Lamboo project in WA. The company received results from extensional drilling on the Edison mineralised zone with drilling forming part of a 20,000-metre program that began in April this year.
Investor Relations
Stainless Espresso: Nickel makes jump upwards (Steel News)The nickel on the LME had yesterday reacted exceedingly positively to the lower US inflation and made a jump upwards. Nickel futures on the SHFE have risen even more today. Also otherwise, the markets take the lower inflation as a positive signal and are majority and partly significantly turned into the plus.
METALS-Base metal prices set for weekly gains as demand worries fade(NASDAQ)Base metals were set for weekly gains on Friday, as concerns about demand eased after softer-than-expected U.S. inflation data raised hopes of a less hawkish monetary policy. Lead led the weekly gains, with its three-month contract CMPB3 on the London Metal Exchange up 6.7% as of 0524 GMT. The contract hit its highest since June 9 at $2,2210 a tonne on Friday.
Nickel Ore Inventories at Chinese Ports Fell by 40,000 wmt WoW (SMM news)As of August 12, the nickel ore inventory at Chinese ports dipped 40,000 wmt from a week earlier to 6.289 million wmt. The total Ni content stood at 49,000 mt. Port inventory of nickel ore across seven major Chinese ports stood at 2,908,000 wmt, 100,000 wmt lower than last week.
Chalice Mining purchases securities of Currie Rose Resources (Mining Technology)Australian firm Chalice Mining has acquired common shares in the capital and purchase warrants of Australian-focused metals exploration and development company Currie Rose Resources. Under the deal, Chalice acquired 12.5 million common shares in the capital and four million common share purchase warrants of Currie Rose Resources.
Fund Raising/Grants
DOE explores battery materials funding (Recycling Today Global)The United States Department of Energy (DOE) has issued a request for information (RFI) on the development and implementation of a $675 million Critical Materials Research, Development, Demonstration, and Commercialization Program.
Australian firm set for Sh92 billion graphite project in Tanzania (The Citizen)The Australian firm Lindian Resources is focusing on raising $40 million (about Sh92 billion) for the first stage of its Bunyu graphite project in Mtwara Region. This is after the company signed an agreement to acquire the globally significant Kangankunde rare earths elements project in Malawi for $30 million (about Sh70 billion).
Government/Regulatory
BIZ BUZZ: Awaiting Marcos mining moves (inquirer.net)Mining firms heaved a huge sigh of relief following Malacañang’s policy pronouncement that the government will ramp up the development of the industry to shore up the economy. Miners in Zambales, in particular, must have also felt vindicated by the recent audit conducted by the Mines Geosciences Bureau (MGB) that they passed with flying colors.
Biden wants minerals, but mine permitting lags (eenews.net)Even as President Joe Biden calls for creating a U.S. supply chain to source metals necessary for the energy transition, his administration is approving few new mines on federal land. The Biden presidency has been bad news for some expansive, high-profile mine projects in the United States
Sales
2021 sales figures not yet official for commemoratives (Coin World)Final but unofficial sales by the U.S. Mint for its two 2021 commemorative coin programs are now reported. Sales are tallied for the Christa McAuliffe silver dollar and the National Law Enforcement Memorial and Museum gold $5 coins, silver dollars and copper-nickel clad half dollars.
Anglo American Plats completes the sale of Bokoni Platinum (Miningreview.com)The transaction was made to a wholly owned subsidiary of African Rainbow Minerals for a total cash consideration payable at closing of R3.5 billion. The transaction will ultimately include employees and local communities in the new ownership structure alongside African Rainbow Minerals.
Earnings/ Financial Results
DMCI Holding profit up 73% on energy, real estate growth (BusinessWorld)DMCI Holdings, Inc. reported on Tuesday that its second-quarter consolidated net income went up by 73% to P9.03 billion from P5.23 billion, driven by growth in its energy and real estate businesses. Without one-off items, core net income rose by 113% to P8.99 billion from P4.23 billion, it said in a disclosure to the stock exchange.
DMCI posts 2Q-2022 record earnings (The Manila Times)DIVERSIFIED engineering conglomerate DMCI Holdings recorded its highest-ever second quarter and first-half net income as all its subsidiaries delivered exceptional growth during the same period. DMCI’s consolidated profits grew by 73 percent from P5.2 billion to P9 billion on the back of higher coal
Studies/Surveys
Recycling of Plastic Waste Used to Make Low-Cost Fuel Cells (AZoNano)As long as fuel inputs are available, solid oxide fuel cells, which are electrochemical energy conversion systems, can continually create electricity. They are one of the most promising technologies for addressing the world’s growing energy needs as well as the issue of climate change.
Business Expansion
GEM expands overseas footprint with Swiss float (Chinadaily)Green energy company GEM Co Ltd, one of the first two Shenzhen-listed companies to issue global depositary receipts on a Swiss bourse, is expanding its overseas footprint to tap growing global demand for new energy and a circular economy.
Pricing
These were the 100 best-performing companies in FY22 (Proactiveinvestors)Take a look at any market index from around the world over the past year and you’re likely to see a similar trend: volatility, and share prices lower now than they were 12 months ago. It’s been a bumpy ride for investors and companies alike, but as always, there are success stories to be found, and the ASX had plenty.
Ford CEO Jim Farley responds to recent F-150 Lightning price hikes (TESLARATI)After announcing a series of price hikes for the Ford F-150 Lightning lineup, Ford CEO Jim Farley has responded to concerns. According to CNBC, Jim Farley has responded to criticism of price hikes that apply to the in-demand Ford F-150 Lightning. The vehicle’s price hike, raising as much as $8,500 for some trim levels
Landmark US bill a boon but may mean higher global metal market prices (fastmarkets)The US may pay more for nickel and cobalt, for example, while other countries reap economic benefits from producing them. Metal market participants shared some unintended consequences of the Democrat party legislation, which is expected to pass the Democrat-controlled House of Congress this Friday, August 12.
Stainless MMI: Nickel Prices Hit Bottom by Mid-July (Agmetalminer.com)Both last month’s increases and this month’s declines were extremely narrow. For that reason, prices appear consolidated within their current range, leaving no clear direction for the coming month.
S&P lowers base metals forecasts (MiningNews.net)“A price spike in early 2022 eased quickly, as global metal supplies rebalanced after the onset of the Russia-Ukraine conflict,” S&P analyst Donald Marleau said. “Furthermore, strong demand in early 2022 appears to be slowing with inventory destocking downstream and pressure on global GDP growth in 2022 and 2023.”
COBALT PRICES FALL BY A THIRD SINCE APRIL ENDING TWO YEAR PRICE RALLY (Benchmark Minerals)Cobalt prices have fallen by a third since April as the Chinese market struggles to recover from China’s Covid-19 lockdowns, ending a two-year price rally for the metal. Prices for cobalt metal are down by 28.6% since April when cobalt reached $39.85 a pound, the highest level since June 2018
Vendor/ Supplier Related
Battery giants, Hyundai concerned by US moves on China supplies (MINING.com)South Korea’s biggest electric-car battery makers and Hyundai Motor Co. have expressed concern over new US legislation aimed at boosting domestic production of EVs and reducing the use of Chinese materials, moves they say could hurt their competitiveness.
Monsters of Rock: ASX producer Nickel Industries is ‘building an empire’ (Stockhead)Indonesia is the world largest nickel producer, by a significant margin. This is due to the development of large “industrial parks” at Morowali and Weda Bay, which produce nickel pig iron for the stainless-steel sector. Lately, there has also been a move by some of these firms to supply MHP and matte into the fast-growing battery pre-cursor industry.
A domestic raw material supply chain is essential for Europe’s battery ambitions (Innovation News Network)Europe can proudly and accurately call itself a climate leader in a number of spheres. The “Fit for 55” package is the latest boost to Europe’s green ambitions, confirmed within the transport sector by a positive vote of the EU Council in June. The Council voted to increase CO2 reduction targets for new cars and new vans
Miners face supply chain overhaul to meet U.S. EV credit deadline (Reuters)Miners will struggle to expand operations in the United States in record time to meet a deadline for sourcing key minerals domestically or from select countries as set out by a bill likely to be passed on Friday, companies and industry watchers said.
BYD supplies EV batteries to Tesla in Germany: report (TechNode)BYD has started supplying electric vehicle batteries to Tesla’s factory in Germany, Chinese media outlet Sina Tech reported on Wednesday. Why it matters: This is the latest development in the partnership between Tesla and BYD, two of the world;s biggest EV makers.
Management Change
Stock/Shares
Merger/Acquisitions
Maximus Resources acquires gold and nickel prospect at Spargoville (Proactiveinvestors)Maximus Resources Ltd (ASX:MXR) has executed a binding agreement to acquire the Kemble prospect, situated three kilometres north of its Wattle Dam Project, near Kambalada in Western Australia. Notably, the prospect has a substantial gold-in-soil anomaly and is located on an underexplored mineralised corridor west of the regional Spargoville shear zone.
Exports/ Imports
Column: Indonesian tax will shake up the nickel export mix again: Andy Home(THE SUDBURY STAR)A worker takes a sample of molten nickel matte from a top blown rotary converter the Vale Copper Cliff Nickel Smelter in Sudbury, Ontario, Canada, on Wednesday, June 1, 2022. Nickel is the key ingredient in the stainless steel used in everyday appliances, but it’s also critical for the transition away from fossil fuels
Promotional Offers/ Discounts
Barry FitzGerald: Gold! Big discoveries! Going cheap! Come and get your gold! (Stockhead)Grand Sale! Grand Sale! Companies that have made three of the best discoveries in recent years are on sale at big discounts. Garimpeiro is talking about De Grey (ASX:DEG) and its Hemi gold discovery in the Pilbara, Chalice (ASX:CHN) and its Julimar nickel-copper-PGE discovery on Perth’s doorstep, and Rumble (ASX:RTR) and its Earaheedy zinc-lead-silver discovery north of Wiluna.
Obituary
Ned Goodman, Canadian Mining Legend, Passes Away(the deep dive)His dynamic career spanned almost half a century, with much of it spent honing and enriching the minerals industry and capital markets, making pivotal contributions as founder, merchant banker, and investment advisor.
Business Partnership
Mining companies and indigenous peoples mutually beneficial partnership (ROUGH POLISHED)The ninth of August is celebrated under the auspices of the United Nations as the International Day of the World’s Indigenous Peoples. On our planet, there are more than 200 million people belonging to aboriginal peoples and ethnic groups. Today, they often inhabit ecologically vulnerable but resource-rich regions.
Taxation
Contract/Orders
Deep-sea mining talks end with no agreement on environmental rules (theguardian)The negotiations on opening the world’s first deep-sea mines ended in Kingston, Jamaica, last week with no agreement, meaning that less than a year remains before a legal clause kicks in that could see seabed mining commence without any environmental or economic regulations in place.
Investment
Investment Minister Revokes Thousands of Mining Licenses (Tempo.co)Minister of Investment and Head of the Investment Coordinating Board Bahlil Lahadalia, revoked 2,065 Mining Business Licenses (IUP). The number represents 98.4 percent of the 2,078 IUP target. “The total area [of IUP] that has been revoked amounts to 3,107,708.3 hectares accumulated from 2,065 licenses,” Bahlil said in a press conference on Friday, August 12, 2022.
Environment/ Climate
Metal Phosphorous Chalcogenide Could Boost H2 Photocatalysts (AZoNano)Global energy problems, climate variability, and massive environmental degradation result from the reliance upon non-renewable energy sources. Therefore, finding clean, sustainable, and carbon-free renewable energy resources is of utmost importance.
Opinion/Feature/Trends
Production/Operations
What’s the environmental impact of EV battery manufacturing and recycling(Digital Trends)One major caveat to the spread of electric vehicles is the question of what we’re going to do with all of these car batteries once their time is up. There’s also concern about the environmental impact of lithium mining, not to mention that of other essential metals, like cobalt and nickel.
Will BHP Group cut its dividend like rival Rio? (Proactiveinvestors)Annual results from BHP Group Ltd (LSE:BHP, ASX:BHP) early next week will be closely watched for further confirmation that the high water market for big mining earnings in this cycle has been passed. Peer Rio Tinto recently cut its dividend and as BHP is a partner on many of its huge iron ore and copper projects something similar from the now Aussie-based titan cannot be ruled out.
Pricing
Up, Up, Down, Down: Which commodities won and lost in July? (Stockhead)If you want to get a sense of how remarkable thermal coal prices are right now, look no further than Glencore’s latest half year report. Virtually every inch of its massive rise in profits was down to surging prices for energy, with its Australian and Colombian thermal coal operations and energy trading powering massive lifts in mining and marketing revenues.
Government/Regulatory
Congress passes a climate bill that will affect all of North America: What you need to know (Financial Post)The U.S. House of Representatives approved the Inflation Reduction Act, the final hurdle on a difficult course that Democratic leaders in Washington have had to navigate to deliver the fundamental shift in climate policy that President Joe Biden promised on his way to winning the White House. Biden tweeted Aug. 12 that he will sign the legislation next week.
Studies/Surveys
How Jeff Bezos, Bill Gates Are Looking To Benefit From Climate Crisis In Greenland (Outlook India)Jeff Bezos, Bill Gates, and Michael Bloomberg are amongst the world’s richest billionaires who are funding the mining of critical minerals including Nickle and Cobalt on the west coast of Greenland in a bid to accelerate the green energy transition amidst the growing climate crisis in the region, according to a report by CNN. The island nation is currently facing the melting of ice at an unprecedented rate.
Fund Raising/Grants
Billionaires fund a massive treasure hunt in Greenland. Here’s why (MSN)Agigantic treasure hunt with helicopters and transmitters is being funded by some of the richest men in the world, including Jeff Bezos and Bill Gates, off the west coast of Greenland. According to CNN, the climate catastrophe is melting Greenland at an unprecedented rate
Investor Relations
Why has the Chalice Mining share price rocketed 33% in a month? (The Motley Fool)The Chalice Mining share price has launched upwards over the last 30 days gaining 33% to trade at $5.07 Its gains have come amid good news of the company’s Julimar Project Additionally, it earned a 51% stake in the South West Project before embarking on activities that could see it snapping up another 19% hold
How would a cobalt shortage impact these three Aussie mining shares?(IG)While Elon Musk is making headlines locking up future lithium production , the larger problem looming for electric cars appears to be cobalt. According to Argonne National Laboratory, a typical electric car battery (NMC532) had 8kg lithium, 35kg nickel, 20kg manganese, and 14kg cobalt.
Press Release
Earnings/ Financial Results
UEX Corporation Announces Further Superior Proposal (Junior Mining Network)UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX”) or the (“Company”) announces that the Board of Directors of the Company (the “Board”) has unanimously determined, after consultation with its financial and legal advisors, that the unsolicited non-binding proposal that was received by the Company from Denison Mines Corp.
PolyMet Mining : reports results for period ended June 30, 2022 (MarketScreener)PolyMet Mining Corp. TSX: POM; NYSE American: PLM, (“PolyMet” or the “company”) today filed its financial results for the three and six months ended June 30, 2022. “The first half of 2022 has been especially productive for PolyMet as we made significant progress on several fronts in advancing the NorthMet Project
Carpenter Technology Declares Quarterly Cash Dividend (GlobeNewswire)Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable September 1, 2022, to shareholders of record on August 23, 2022. The ex-dividend date (the date the common stock trades without the dividend) is August 22, 2022.
Investor Relations
Braveheart Resources Closes $65,650 Financing (Yahoo Finance)Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) (“Braveheart” or the “Company”) has closed a financing for proceeds of $65,650, comprising of 937,857 units with an issue price of $0.070 per unit. Each unit consists of one common share and one common share purchase warrant.
Nornickel’s shareholders approved reduction of the authorized capital of the company (Nornickel)Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that today its shareholders on the Extraordinary General Meeting approved the reduction of the authorized capital of the Company by RUB 791,227 to RUB 152,863,397 by cancelling 791,227 repurchased ordinary shares with par value of RUB 1.
MMC Norilsk Nickel: NOTEHOLDERS CONSENT SOLICITATION LAUNCH (Yahoo Finance)PJSC MMC Norilsk Nickel (LSE: MNOD, MOEX: GMKN) (“Norilsk Nickel”), or the (“Borrower”) has today provided separate notices to solicit consents (the “Consent Solicitation”) from the holders of the outstanding U.S.$1,000,000,000 6.625% Loan Participation Notes due 2022, U.S.$1,000,000,000 4.10 % Loan Participation Notes due 2023
Class 1 Nickel Announces Option Grant (Yahoo)Class 1 Nickel and Technologies Limited (CSE: NICO/ OTCQB: NICLF) (the “Company”) or (“Class 1 Nickel”) is pleased to announce that it has granted an aggregate of 1,000,000 stock options to the directors of the Company. The stock options are each exercisable to acquire one common share of the Company at an exercise price of A$0.50 until the earlier to occur of (i)
Fund Raising/Grants
Noteholders consent solicitation launch (Nornickel)PJSC MMC Norilsk Nickel (LSE: MNOD, MOEX: GMKN) (Norilsk Nickel, or the Borrower) has today provided separate notices to solicit consents (the Consent Solicitation) from the holders of the outstanding U.S.$1,000,000,000 6.625% Loan Participation Notes due 2022
Crawford Nickel Project – Participant Funding Available (Newswire)Funding provided by the Impact Assessment Agency of Canada (the Agency) is now available to help the public and Indigenous groups participate in the impact assessment process for the proposed Crawford Nickel Project, located in Ontario.
Production/Operations
UEX Files Updated West Bear Technical Report (Junior Mining Network)UEX Corporation is pleased to announce that is has filed an updated technical report for the Company’s 100% owned West Bear Project that includes an updated mineral resource estimate for the property.
Management Change
NiCAN Introduces Board of Directors and Executive Team (News Wire)NiCAN Limited (“NiCAN” or the “Company”) (TSX-V:NICN), is pleased to introduce the Board of Directors and Executive Team of the Company. NiCAN, a recently listed nickel exploration company under the symbol “NICN” on the TSX Venture Exchange (TSX-V), is actively exploring nickel projects on known mineral belts in Manitoba, Canada.
Flying Nickel Mining Announces Management Appointment (Junior Mining Network)Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (“Flying Nickel” or the “Company”) announces the appointment of Nadia Traversa as Corporate Secretary, replacing Cindy Waterman. The Company also announces the resignations of Daniel Oosterman as Vice-President of Exploration and Ryan Coombes as Chief Legal Officer.
Studies/Surveys
Green hydrogen: Nanostructured nickel silicide shines as a catalyst (EurekAlert!)Electrolysis might be a familiar concept from chemistry lessons in school: Two electrodes are immersed in water and put under voltage. This voltage causes water molecules to break down into their components, and gas bubbles rise at the electrodes: Oxygen gas forms at the anode, while hydrogen bubbles form at the cathode.
Snippet
Ratings/Rankings
Investor Relations
Stock/Shares
Studies/Surveys
Medium- to long-term nickel price forecasting using LSTM and GRU networks (Resources Policy)Recently, nickel is a critical metal for manufacturing stainless steel, rechargeable electric vehicle batteries, and alloys utilized in the state-of-the-art technologies. The use of more environmentally friendly electric vehicles has become widespread and brought tackling climate change to forefront, especially for reducing greenhouse gas emissions.
Valence-Inverted States of Nickel(II) Complexes Perform Facile C H Bond Activation (Journal of the American Chemical Society)Valence-inverted reactivity (VIR) is discovered here through high-level computations of excited states of Ni(II) complexes that are generated by triplet energy transfer. For example, the so-generated 3[(Ar)(bpy)NiII(Br)] species possesses a valence-inverted occupancy, dxy1dxz1dx2 y22, wherein the uppermost dx2 y2 orbital is metal ligand antibonding.
Photochemical Allylation of Alkanes Enabled by Nickel Catalysis(ACS Catalysis)We have developed an allylic alkylation of alkanes by dual photo-HAT/nickel catalysis. In this reaction, radical-type hydrogen-atom-transfer of the alkanes is enabled by decatungstate as a photocatalyst, whereas nickel serves to cleave the CO bond in the substrates under mild reaction conditions.
Intellectual Property
Corning Incorporated Granted Patent for Glasses Having Resistance to Photo-Darkening (US Patent News)Alexandria, Aug. 13 — Corning Incorporated has been granted a patent for glasses having resistance to photo-darkening. Gross Timothy Michael and Guo Xiaoju developed the invention. The patent application number is 16/320,277. The International Patent Classification codes are C03C 3/097 (20060101), C03C 4/02 (20060101) and C03C 4/00 (20060101). Cooperative Patent Classification codes are C03C 4/02 (20130101), C03C 3/097 (20130101), C03C 4/0092 (20130101) and C03C 2204/00 (20130101).