Articles for tag: adds, earns, nickel, Nisk, polymetallic, power, project, Quebec, zone

April 24, 2024

Ron Finklestien

mining

Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone

Shares in Power Nickel have soared nearly 60% since it reported the first Lion drill results on April 15. They were up 4% on Wednesday to C41¢ apiece, valuing the company at C$65.6 million ($47.8m). “We have a real sentiment of having found a large prolific area hosting different styles of multi-elements mineralization, each being a smaller part of a much larger system,” Lynch said. “We look forward to ramping up our efforts throughout ’24 and ’25 as we seek to bring these targets to a production decision.” Drill hole PN-24-047 cut 14.4 metres grading of 0.59 gram gold per tonne,

February 1, 2024

Ron Finklestien

mining

Japan’s Strategic Move: Recognizing Uranium as Critical Mineral

The Significance of Japan’s Stance Japan’s acknowledgement of uranium as a critical mineral in the wake of Fukushima accident exhibits a strategic move. The country, despite having no domestic production and relying solely on imports from countries such as Australia, Canada, and Kazakhstan, has recognized the imperative nature of securing its uranium supply. Building Resilience through Inclusion The inclusion of uranium in Japan’s critical minerals list is poised to be a groundbreaking step. This acknowledgment is set to fortify Japan’s ability to allocate more funds and resources toward uranium-related research and development, thus strengthening its endeavors to ensure a stable