Production/Operations
Nickel sulphide explorer Nordic Nickel’s (NNL) first diamond drillhole has confirmed an extensive nickel sulphide system at its flagship Pulju project in the Central Lapland Greenstone Belt of northern Finland.
Atlantic Nickel, controlled by investment firm Appian Capital Advisory, updated details on the US$355mn Santa Rita open-pit nickel-cobalt-copper sulfide project in Brazil’s Bahia state. The miner invested over US$17mn in 2022 towards the execution of a 35,000m drill program, followed by US$2.8mn in 1Q23, and is progressing studies
Julimar look-alike hunter NickelX (ASX: NKL) has identified what it describes as two every strong basement-hosted anomalies at its Dalwallinu nickel project in Western Australia. Dalwallinu is located 208km northeast of Perth and is NickelX’s target for mineralisation similar to that at the now famed Julimar nickel-copper-platinum group
Toro Energy (TOE) has struck high grade nickel sulphide mineralisation at its Dimma nickel discovery in Western Australia. The Dimma nickel discovery is one of four large-scale nickel-sulphide anomalies at the company’s Dusty project, located in the Yandal Greenstone Belt.
Canada Nickel Company (TSXV:CNC; OTC:CNIKF) is enjoying success of its latest drilling program on what it calls uncoveries, targets chosen by going back over historic results. At both the Sothman and Midlothian properties, near Timmins, Ont., the company reports intersecting long, shallow intervals.
NickelSearch Ltd (ASX:NIS) has intercepted nickel sulphides during maiden drilling at high-priority target B1, extending the mineralisation at the Carlingup Nickel Sulphide Project near Ravensthorpe in Western Australia.
SPC Nickel Corp. (TSXV: SPC) (SPC Nickel), is pleased to announce new assay results from Phase 1 of the West Graham Project resource definition drilling campaign, including a new high-grade intersection encountered in WG-23-042 representing one of the best intersections so far reported from the consolidated West Graham Project
Geologists and mining experts say Minnesota, Wisconsin and Michigan’s Upper Peninsula may provide a solution for an obstacle facing the electric vehicle transition. Minerals are needed, and this area has them.
Merger/Acquisitions
Gitennes Exploration Inc. (Gitennes or the Company) (TSXV:GIT) announces that it has acquired a 100% interest in prospective nickel and Rare Earth Element (REE) properties (the Properties) located in the Sept Iles area of Quebec.
Contract/Orders
BHP Group-backed Lifezone Metals, which is developing a nickel mine in Tanzania, is negotiating supply deals with several electric vehicle manufacturers and battery makers as the race for energy transition metals intensifies, its CEO said.
Earnings/ Financial Results
Atlantic Nickel (Atlantic Nickel or the Company) and Appian Capital Advisory LLP (Appian) are pleased to announce continued strong operational and financial performance in the first quarter of 2023 at the Company’s Santa Rita nickel sulphide mine (Santa Rita or the Mine) located in Bahia, Brazil.
Exports/ Imports
China’s imports of refined nickel have fallen to levels last seen almost 20 years ago, when the country’s build-out of industrial capacity was still in its infancy. The country’s stainless steel mills now prefer nickel pig iron (NPI), an intermediate form of the metal that was rediscovered when the nickel price spiked to $51,800 per tonne in 2007.
Pricing
Nickel prices have come under intense strain as concerns about the electric vehicle market and rising supplies remain. The closely-watched Dow Jones Commodity Index Nickel price crashed to $490, the lowest level since September last year. Other metals used in the EV industry like lithium and copper have also retreated.
Miners say pricing mechanisms for nickel have struggled to keep pace with the industry’s shift to supplying the specialised needs of battery and electric vehicle makers, creating an opportunity for acquisitions on the cheap.
Fund Raising/Grants
Brazilian Nickel (BRN) raised US$30mn in the form of a convertible loan for its Piauà project, the privately held UK firm said in a statement. The investment comes from existing shareholders, including TechMet and Monazita. TechMet is contributing funding secured from the US Development Finance Corporation to make its onward investment in BRN, according to the release.
Production/Operations
A preliminary feasibility study (PFS) into ASX-listed Lunnon Metals Baker project, in Western Australia, has estimated that the project could produce 4 100 t/y of nickel over a 35-month mine life. The PFS estimates that the project will require a capital investment of A$18.6-million, with C1 cash costs estimated at A$279/t and all-in sustaining costs at A$340/t
The Philippines should seek to bond with U.S. on metals
Last year, when Michael Goehring addressed the Greater Vancouver Board of Trade (GVBOT) for Mining Month in May, the president of the Mining Association of BC (MABC) said there were seven new B.C. mine or expansion projects worth $4 billion in the queue waiting for regulatory approval and a final investment decision.
The world’s top-selling electric vehicle makers, Tesla and China’s Byd, have one thing in common they largely use inexpensive iron-based batteries in their cars. By contrast, legacy Western car manufacturers have stuck almost entirely with more costly nickel-based EV batteries.
There is a new crowd starting to appear. A mid-tier that is saying I want to be relevant, according to Rob McEwen, president and chief executive officer of McEwen Mining, adding that larger miners or traders were no longer the only ones seeking to form mergers and acquisitions (M&A) with explorers or junior miners.
Miramar Resources Identifies Nickel-Copper-Platinum Group Element Targets at Mount Vernon Project
On the table at high-stake negotiations on raising the debt ceiling is legislation sponsored by Rep. Pete Stauber that aims to help the mining industry. But it’s anybody’s guess right now whether that legislation will be included in a final deal or end up on the cutting room floor.
First there was the COVID-19 pandemic, then rising cost pressures the challenges have come thick and fast, but they’ve not been enough to seriously stymie Karora Resources expansionary path in the Goldfields.
Down a bumpy dirt road next to a small meandering creek in southeast Wyoming lies the site of a potentially massive rare earth mineral mine. These elements are used in many emerging technologies, including cell phones and solar panels, and they’re a growing part of the future of extractive industry in the Mountain West.
The following is the opinion and analysis of the writer: We know that mining causes landscape destruction, water contamination and loss of wildlife habitat. We know that a changing climate leads to more powerful and catastrophic weather events.
On Wednesday, May 10, the provincial government highlighted the positive impacts the mining industry has had on Newfoundland and Labrador. According to a release issued by the Department of Industry, Energy and Technology (IET), in 2022 the industry saw over 9,000 person years of work, mineral shipments valued at $5.2 billion, and approximately $243 million
Lakeshore Gold is gearing up for the provincial mine rescue competition in Hagersville after recently being crowned Timmins district champions earlier this month. The team from Timmins West/Bell Creek Mines along with Mike Bennett, a mine rescue technician from Kidd Mine who won the top technician award, will represent Timmins district at the 72nd-annual Ontario Mine
Altai Philippines Mining Corporation (Altai) chief executive officer Stephen Cascolan stood by the legality of their mining exploration activities on Sibuyan Island, Romblon, despite their destructive impact on the environment.
The M&A boom in Australia’s mining sector is primed for an extended run as companies scramble to bolster their exposure to the riches arising from the energy transition after a decade of underspending on new resource projects.
Industrial mining in the deep ocean is on the horizon. Despite several countries including Germany, France, Chile and Canada calling for a pause on the field’s development, the International Seabed Authority, the organization tasked with both regulating and permitting deep-sea mining efforts, is nearing the deadline to finalize rules for how companies will operate.
Deep beneath the sparkling surface of the Pacific Ocean, in the vast expanse between Mexico and Hawaii, lies an area known as the Clarion-Clipperton Zone (CCZ). At the floor of this marine region, between 12,000 and 18,000 feet below sea level, is a wide and mucky abyssal plain dotted by seamounts, that covers about 1.7 million square miles.
Industrial mining of the deep ends of the ocean for valuable minerals is becoming more of a possibility as companies search for new sources of needed minerals, such as cobalt and lithium. The devastating impacts that this noisy and extractive process could have on the ocean’s numerous species is front of mind for scientists around the world
THE Mining Sector, which currently contributes 10 percent to the National GDP, will rise and grow more this period due to the government’s efforts to end all challenges hindering its growth. Tanzania is having many minerals, there are gold, construction minerals, diamonds, tanzanite, gems, iron, copper, coal, uranium, nickel, copper, kaolin, titanium, cobalt, platinum
Chalice Mining will sell its Hawkstone nickel-copper-cobalt project in the West Kimberley to exploration and development company Stavely Minerals in a $1.4 million deal. Hawkstone spans an area of 1800sqm and was acquired by Chalice in July 2019 from private explorer North West Nickel.
Scientists have discovered more than 5,000 new species living on the seabed in an untouched area of the Pacific Ocean that has been identified as a future hotspot for deep-sea mining, according to a review of the environmental surveys done in the area.
Metal Hawk has kicked off maiden aircore drilling targeting rare earths mineralisation and early indicators of nickel-copper-PGEs at its Fraser South project along strike from recent clay-hosted REE finds.
Western Australia to compensate Aboriginal group for historic mining damage
The United States and its G7 partners have imposed more than 300 economic sanctions against Russia in the past year and the current year. At first, Washington and Brussels pushed the idea of the restrictions as the embodiment of a strategy to cripple Moscow’s most important export.
In an exciting development for its nickel, copper and platinum group metal (PGM) targets, Future Metals NL (ASX:FME, AIM:FME) has kicked off 2,000 metres of reverse circulation (RC) drilling at its Panton North property in WA.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) has made significant strides towards the restart of its Black Swan smelter-grade concentrate project, situated 50 kilometres northeast of Kalgoorlie in Western Australia.
London-listed mining junior Corcel has made its debut in the oil and gas sector by acquiring a majority stake in a company whose key assets are located onshore Angola. The miner currently has nickel, cobalt and vanadium assets in Papua New Guinea and Canada on its books
For a sustainable future, it’s widely accepted that the global population needs to move away from fossil fuels. While electric looks to be a suitably green alternative, it comes with one major flaw: there just aren’t enough metals to make the shift.
In two landmark speeches in recent weeks, Treasury Secretary Janet Yellen and National Security Advisor Jake Sullivan articulated the core principles of a new international economic order centered on industrial policy.
Liquidity is falling, equities are tetchy and micro caps are wading into uncertain waters when it comes to funding. The long-term story for miners is regarded as a bullish one, with the fundamentals for gold looking strong and the energy transition likely to see metals that go into batteries such as nickel, lithium, copper and graphite enjoy a strong demand story in the years to come.
In April 2022, the issue of Tesla’s interest in investing in Indonesia attracted the attention of the domestic public, following a meeting held by Elon Musk, the owner of a prominent electric car company, with the Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. The meeting discussed nickel raw materials for the electric car supply chain.
New Caledonia possesses large deposits of rare minerals used in the manufacture of electric vehicle batteries. As a result, the French Pacific territory has attracted the attention of the global mining industry, including the Australian government, as it looks to transition away from fossil fuels and embrace green technology.
Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles. Ford has struck deals with Albemarle Corp., the world’s top producer, Chile’s SQM and Canada’s Nemaska Lithium, according to separate announcements Monday.
Aligning with its vision for greater global water security by 2030, one of the world’s biggest miners, BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has launched the Global Water Challenge, a scouting process in alliance with Fundación Chile’s Expande, which seeks to identify disruptive water treatment solutions to sustainably enhance water efficiency
For example, lithium production will need to increase around 700%, nickel production around 100% and copper production around 50% in 2020-30 compared to 2010-2020 in a 1.5degC-degree pathway, according to a McKinsey study.
MMC Norilsk Nickel PJSC, Russia’s biggest miner, now earns almost half of its revenue in Asia while sales in Europe tumble, further evidence of a shift in global commodity flows amid the country’s war in Ukraine.
The ASX 200 has toppled 75.6 points today as interest rate and US debt ceiling worries increase. Eight of 11 sectors finished in the red, dragged down by the financial and material sectors, both falling almost 2 per cent.
Research & Development
The University of Oldenburg, Germany, has shared in its publication Einblicke how researchers, led by Dmitry Momotenko, have developed a new technique for additively manufacturing ultrasmall metallic objects with the aim to increase the surface area of battery electrodes in order to reduce charging time.
Investor Relations
Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today. It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms.
On May 26, premiums of Jinchuan nickel were 9,800-10,300 yuan/mt. The average premium stood at 10,050 yuan/mt, down 600 yuan/mt from the previous trading day. NORNICKEL nickel was quoted at premiums of 6,800-7,000 yuan/mt, with an average of 6,900 yuan/mt, down 600 yuan/mt from a day ago. Spot pure nickel premiums fell at month-end.
The following is an English translation of the Notice of Convocation of the 98th Ordinary General Meeting of Shareholders of Sumitomo Metal Mining Co., Ltd. (hereinafter referred to as the Company). The Company provides this translation for your reference and convenience only and without any warranty as to its accuracy or otherwise.
Nickel 28 Capital Corp Brief: Says Pelham Avoids Answering to Shareholders for its Zero Premium Takeover Attempt and Lack of a Credible Plan
A faster path to net-zero emissions and more security in the Indo-Pacific are expected to flow from a new pact with the United States, but the mining industry wants details. Some $2 trillion has been unleashed for a low-carbon economy under United States laws, with Australia set to get preferential treatment
Funding aside, shared infrastructure, quicker planning approvals and more transparent and developed pricing tools will be essential for Australia to achieve its growth ambitions in critical minerals. That’s the view of mining figures including Dale Henderson, the chief executive of Pilbara Minerals
Event/Conference/Seminar
Nickel Institute announces Battery Day, 6 July 2023. On 6 July 2023, the Nickel Institute will host its first-ever Battery Day, an event dedicated to exploring advancements in nickel-based battery technologies, recycling and the supply chain.
To better promote the insights exchange of nickel and cobalt industries in China and Indonesia, and help understand the latest industry situation and development trends, Shanghai Metals Market is going to hold the 2023 International Nickel and Cobalt Industry Chain Conference in Jakarta, Indonesia on May 30-31, 2023.
Government/Regulatory
Payables for black mass – the term used to describe the remains of a battery pack after it is shredded and processed – had been increasing over recent weeks in line with a recovery in lithium prices. But weaker sentiment in China’s lithium market in recent days, along with continued declines in key prices for battery metals such as cobalt standard grade and London Metal Exchange nickel
Indonesian President Joko Widodo is betting big that a halt on exports of the resource-rich country’s raw minerals slated for next month will draw investment, bringing more jobs and economic development. It is a gamble that he has arguably won before, following a 2020 ban on shipments of unprocessed nickel ore.
Previously, the weekly price assessment accepted data from China, Korea and Japan on a CIF basis, with major ports normalized. Fastmarkets will now no longer collect data on a CIF China basis, and instead focus on data relating to imports for Japan and Korea.
The Department of Finance (DOF) is now finalizing the actual valuation of the Basay mining project in Negros Oriental as the government ramps up the sale of its mining assets. In a briefing, Finance Undersecretary for privatization Catherine Fong said one of the four mining assets of the government is ready for auction upon verification of the mine’s content.
The need for a U.S. mining revolution has become as obvious as anything there is in our energy-climate discussion. The Energy Transition is one based on lots more minerals, rare earths, metals, and other critical materials.
The European Commission is proposing legislation that hopes to accelerate the processing and extraction of critical minerals, but questions have arisen over whether it fully acknowledged the environmental, social, and governance (ESG) considerations associated with mining.
Lithium battery recycling is an essential process that plays a significant role in conserving resources, protecting the environment, and ensuring the sustainability of energy storage technologies. With the rapid growth of electric vehicles, portable electronics, and renewable energy systems, the demand for lithium-ion batteries has surged, making their recycling more important than ever.
Moses Kulaba, East Africa Regional Manager for the Natural Resource Governance Institute (NRGI), discusses Tanzania’s natural resources and their potential in the global critical metals supply chain. Mining is a leading industrial sector in the African country of Tanzania, and the value of its mineral exports is consistently increasing.
Studies/Surveys
New research finds that the zone is home to thousands of different marine species and the majority of them are new to science. Whats more, the region has been relatively understudied so far, meaning there are likely far more species yet to be discovered.
A Vancouver junior miner is running a planning scenario on what a gold mine could look like in the Shebandowan area, west of Thunder Bay. In a May 17 news release, Goldshore Resources announced it has selected Ausenco Engineering Canada to conduct a preliminary economic assessment (PEA) of its Moss Lake Gold Project where the company has outlined two gold deposits.
when we imagine technologies devised by NASA, we rarely take into account that some of them can return to earth and be useful in various sectors of society. And this is what they imagined from the EnerVenue company and what they are making a reality: turning a space energy storage technology in batteries that last decades.
One way to fight global warming is to capture carbon dioxide before it enters the atmosphere and convert it into something useful, such as methane, which can be a fuel or a chemical feedstock. That conversion, which bonds hydrogen atoms to carbon atoms, requires a catalyst, and now a group of researchers has uncovered how a certain class of catalysts
Environment/ Climate
One of Australia’s largest gold mines is facing a second investigation for air pollution a year after being fined for failing to prevent dust from blowing over homes in the NSW central-west. The NSW Environmental Protection Authority fined Newcrest Mining’s Cadia Valley Operations gold mine near Orange $15,000 for dust pollution in April, 2022.
Newcrest’s Cadia gold mine faces fresh probe for dust pollution
Institutional investors are increasingly viewing mining investments as impact investing if the firms are developing metals essential to crucial technology supply chains. This is among the findings of a new study by Tresor Gold, a junior mining company focused on exploration and development projects in West Africa.
Investment
State-run pension fund Government Service Insurance System (GSIS) is looking to pour more of its investible funds in mining and infrastructure to get better returns for its members. During the Laging Handa briefing on Monday, GSIS president and general manager Wick Veloso said the pension fund for government workers and retirees continues to look for investment channels for its funds.
The Orano group, a global player in the recovery, reuse and transformation of nuclear materials, and China-based XTC New Energy group, a specialist in the production of cathode materials for batteries, signed agreements to create two joint ventures devoted to the production of critical materials for electric vehicle batteries.
Earnings/ Financial Results
The share of Norilsk Nickel sales to Europe totaled 24% as of the end of January – March 2023, according to the presentation of Vladimir Zhukov, the vice president of the Russian mining and metals company.
The operating environment continued to be challenging throughout the quarter as inflation and exchange rates depreciated. Power supply challenges also worsened as the country experienced acute load shedding, which negatively impacted productive industries as alternative power sources come at a high cost of production, putting pressure on profitability and business sustenance.
Contract/Orders
Troubled engineering and construction firm Aerison Group has revealed a financial hit from a contract with BHP’s Nickel West division, as it continues to fight Gina Rinehart’s Roy Hill over a project cost blowout. The issues concern a February 2019 construction contract linked to the powder leach process of BHP’s nickel sulphate plant in Kwinana.
Taxation
In this InvestorIntel interview, Tracy Weslosky talks with Power Nickel Inc.’s (TSXV: PNPN | OTCQB: PNPNF) CEO Terry Lynch about discovering a new high-grade copper and PGM (platinum group metals) mineralized zone on their Nisk Project in Quebec, Canada.
Vendor/ Supplier Related
Tin prices rose on Thursday on renewed concerns about plans by a major tin producing region in Myanmar to suspend mining later this year. A detailed plan to suspend all mining activities in a region controlled by Myanmar’s ethnic Wa militia force from Aug. 1 was released earlier this month, the International Tin Association (ITA) said in a statement on Wednesday.
Major carmakers Tesla and Toyota are using batteries that have proven links to mines riddled by human rights violations in Indonesia and the Philippines. Supply chains of nickel, an essential component in EV batteries, are beset with human rights violations and environmental destruction, a report by the Business and Human Rights Resource Centre (BHRRC) has claimed.
Column: Supply anxiety is the new hope for developing energy transition mines
Fund Raising/Grants
ASX-listed Poseidon Nickel on Friday reported that negotiations between its partner Pure Battery Technologies (PBT) and the Department of Industry, Science and Resources over a conditional A$119.6-million grant under the Modern Manufacturing Initiative (MMI) had failed.
China’s new energy firm Fox ESS said on Friday it has completed a pre-IPO round of capital raising of more than 1 billion yuan ($144.67 million), which is being led by Sparkedge Capital. Fox ESS focuses on energy storage solution and is backed by Chinese nickel producer Tsingshan Group.
Indonesian supplier of commercial electric vehicles PT VKTR Teknologi Mobilitas Tbk plans to raise 1.13 trillion rupiah ($75.56 million) through an initial public offering (IPO) on the local bourse, according to its prospectus published on Thursday.
Business Partnership
At the 2023 G7 Summit in Hiroshima, Japan, G7 leaders affirmed their commitment to identify new opportunities to scale the Partnership for Global Infrastructure and Investment (PGII), President Biden and the G7’s flagship infrastructure initiative which has attracted major investors to better respond to the global demand for high quality infrastructure financing
Management Change
Brazilian Nickel Limited , the private UK company developing the Piauà Nickel Project in Brazil, is pleased to announce the appointment of Mark Travers as Chief Executive Officer.
Merger/Acquisitions
Mineral resource company Stavely Minerals has agreed to acquire the Hawkstone nickel-copper-cobalt project from Chalice Mining. The Hawkstone project is located in the West Kimberley region of Western Australia, and covers several known areas considered highly prospective for magmatic nickel sulphides and other related metals.
Investor Relations
Stellantis N.V. and Lyten, Inc. announced today that Stellantis Ventures, the corporate venture fund of Stellantis, invested in Lyten to accelerate the commercialization of Lyten 3D Graphene applications for the mobility industry, including the LytCell Lithium-Sulfur EV battery, lightweighting composites, and novel on-board sensing.
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (F3 Uranium or the Company) is pleased to announce the closing of its previously announced bought deal private placement (the Brokered Private Placement) and non-brokered private placement (the Non-Brokered Private Placement, together with the Brokered Private Placement, the Offering)
FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ( FPX or the Company ) is pleased to announce the results of its 2023 Annual General and Special Meeting held on May 25, 2023 . FPX Nickel Corp. Logo (CNW Group/FPX Nickel Corp.)
AVANTE MINING CORP. (TSXV: AVA) (FSE: P210) (OTC Pink: ACPRF) (formerly ArcPacific Resources Ltd.) (AVA or the Company) is pleased announce the closing of a non-brokered private of units (the Private Placement).
Steadright Critical Minerals (CSE:SCM) (Steadright or the Company) is pleased to announce that both special meeting items held in Toronto, Ontario on May 16, 2023 has been ratified unanimously by the Shareholders of Steadright.
Sama Resources Inc. (Sama or the Company) (TSX-V:SME) (OTC:SAMMF) is pleased to announce that it has entered into an arrangement agreement (the Arrangement Agreement) with SRQ Resources Inc. (SRQ), a wholly-owned subsidiary of Sama, pursuant to which the parties intend to complete a spin-out transaction (the Spin-Out) of the SRQ common shares (the SRQ Shares).
Nickel 28 Capital Corp. (Nickel 28 or the Company) (TSXV: NKL) (FSE: 3JC0) today responded to the personal attacks and mischaracterizations contained in Pelham Investment Partners LP’s (Pelham) information circular and related proxy materials in connection with Nickel 28’s annual general and special meeting
Pelham Investment Partners LP (Pelham, we, our and similar pronouns), a New York-based investment fund and the single largest shareholder of Nickel 28 Capital Corp. (formerly Conic Metals Corp.) (TSXV: NKL) (FSE: 3JC0) (Nickel 28 or the Company), advises fellow shareholders that it has issued a letter to shareholders and information circular
Business Expansion
Metalite Resources Corp., (CSE: METL) (OTC: JNCCF) a Canadian junior venture mineral exploration issuer, has announced its intent to expand into the battery metals space by acquiring Next Generation Resources Inc. (aka NextGen), a privately held battery metal focused company based in Canada.
Production/Operations
NiCAN Limited (NiCAN or the Company) (TSXV: NICN) is pleased to announce that its 2023 winter drilling program on the Wine Property located in the Snow Lake area, Manitoba, Canada (Figure 2) has expanded several mineralized zones at the Wine Occurrence.
Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (Electra or the Company) today announced that Garett Macdonald has resigned as a member of the Company’s Board of Directors to devote more time to his growing responsibilities as CEO of Maritime Resources Corporation.
Noble Mineral Exploration Inc. (Noble or the Company) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to report that Canada Nickel Company Inc. (Canada Nickel) has initiated a drill campaign on the properties optioned from Noble in Mann Twp et al.
Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to announce a Mineral Resource Estimate (MRE) update on the Eastmain Project in Quebec, Canada. The Updated MRE has been possible following an extensive 2021 drilling campaign on the Eastmain Mine Shear Zone within the Eastmain Project in James Bay, Quebec.
Altan Rio Minerals Limited (TSXV: AMO) (Altan Rio Minerals or the Company) is pleased to provide an update on its ongoing gold and nickel exploration programs across its Southern Cross tenements in Western Australia.
Mosaic Minerals Corporation (CSE: MOC) (Mosaic or The Company) is pleased to announce that it has counted the presence of 52 pegmatites favorable to the presence of lithium on its Mirabelli SM project, located less than 20 KM south of the municipality of Eastmain, in Jamesie.
South Star Battery Metals Corp. (‘South Star’ or the ‘Company’) (TSXV: STS) (OTCQB: STSBD), is pleased to announce a Phase 1 construction update for the Santa Cruz Graphite Mine in Bahia Brazil, as well as providing a general corporate update.
Stuhini Exploration Ltd. (the Company or Stuhini) (TSXV: STU) (OTCPK: STXPF) is pleased to announce that it has entered into a purchase agreement with G. Mark Lindsay (the Purchase Agreement) for the acquisition of strategic information and access to a proprietary database regarding mineral prospects in Arizona and Manitoba (Strategic Information).
Horizonte Minerals Plc (AIM:HZM)(TSX:HZM) (Horizonte or the Company) is pleased to announce that it has published its 2022 Sustainability Report. This report, which is the Company’s fourth consecutive standalone annual sustainability report has been prepared in accordance with the Global Reporting Initiative Standards
Avira Resources Confirms Nickel-Copper-Cobalt Mineralization at Swedish Project
Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), (Bravo or the Company) announced that it has received assay results from a further nineteen infill diamond drill holes (“DDH”) from its 100% owned Luanga palladium + platinum + rhodium + gold + nickel project (Luanga or Luanga PGM+Au+Ni Project) located in the Carajas Mineral Province
Nifty Alloys LLC became the premier UAE provider of cutting-edge stainless steel round bars, nickel alloy bars, iron bars, carbon steel bars, and similar products by consistently delivering on the promise of quality.
Government/Regulatory
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete announce that the U.S. Government made a press statement during the 2023 G7 Summit in Hiroshima, Japan, stating that the United States International Development Finance Corporation (DFC) is currently performing due diligence
Fund Raising/Grants
Adavale Resources Limited (ASX: ADD) (or the Company) is pleased to advise that its wholly owned subsidiary has been granted Prospecting Licence PL12350/2023 covering an area of 3.74km2 (Luhuma Central). Adavale applied for Luhuma Central, viewing it as a geologically important addition to its exploration tenure
Mineral Exploration and development company, Widgie Nickel (WIN), has completed a $12 million placement. Funds will be used for exploration, evaluation, ongoing project development expenditure and working capital at the Company’s Mt Edwards Project, near Kalgoorlie in Western Australia.
Management Change
Mink Ventures Corporation (TSXV: MINK) (Mink or the Company) announced the appointment of Mr. Joel Ahrens to the position of Chief Financial Officer, effective June 1, 2023, and the retirement of Mr. Paul Rokeby and his resignation from the role.
Lifezone Holdings Limited (Lifezone Metals or the Company) has previously announced entry into a Business Combination Agreement with GoGreen Investments Corporation (NYSE: GOGN), a publicly traded company on the NYSE (GoGreen).
Event/Conference/Seminar
Copper growth to supply our world’s transition BofA Global Metals, Mining & Steel Conference 2023 TSX: LUN NASDAQ STOCKHOLM: LUMI Cautionary Statements Caution Regarding Forward-Looking Information and Non-IFRS Performance Measures.
Merger/Acquisitions
Fjordland Exploration Inc. (TSXV: FEX) (the ‘Company’) is pleased to announce that it has acquired by staking the 233 square kilometer Kegashka Lithium Project (‘KLP’) located 40 kilometers north-east of Natashquan on Quebec’s North Shore.
