Articles for tag: battery, graphite, Group, launch, Materials, News, northern, shares

January 31, 2024

Ron Finklestien

mining

Northern Graphite’s Groundbreaking Launch of Battery Materials Group Northern Graphite’s Groundbreaking Launch of Battery Materials Group

CEO Hugues Jacquemin heralded a pivotal move for Northern as the company announced the launch of the NGC Battery Materials Group. Northern, renowned for its Lac des Iles mine in Quebec, stands as the sole graphite producer in North America. Amidst escalating geopolitical significance of graphite underscored by China’s announcement of stringent export controls in November, the strategic move by Northern looms large. China, as the world’s premier graphite producer and exporter, refines over 90% of the material crucial for electric vehicle batteries and various green energy technologies. The NGC Battery Materials Group, which will be operated and financed by

January 31, 2024

Ron Finklestien

mining

NiCAN’s Exciting Nickel Discovery at Wine Project Sends Share Prices Skyrocketing NiCAN’s Exciting Nickel Discovery at Wine Project Sends Share Prices Skyrocketing

Amid a deluge of excitement, NiCAN shares have surged following the high-grade nickel results unveiled at the Wine project in Manitoba. The company’s third phase of exploration at Wine has yielded remarkable outcomes, catalyzing a dramatic uptick in share prices and leaving investors in raptures. The campaign, comprising 2,209 meters of drilling across 17 holes, has brought forth a wealth of promising data that bodes well for NiCAN’s future prospects. Clearly elated by the results, NiCAN president and CEO Brad Humphrey gushed, “We are happy to report the results from the additional drilling at the Wine Occurrence, expanding the mineralized

January 23, 2024

Ron Finklestien

mining

Positive Developments at Côté Gold Project Lead to Surging IAMGOLD Shares

Boosted Production Results IAMGOLD has had robust performance across its mining projects, with the Essakane mine in Burkina Faso achieving 108,000 ounces in the fourth quarter and 372,000 ounces for the full year, nearing the upper end of the annual guidance of 380,000. The Westwood project in Québec surpassed expectations with 28,000 ounces in the fourth quarter and 93,000 ounces for the full year, exceeding the annual guidance range of 70,000 to 90,000 ounces. Progress at Côté Gold Project The commissioning activities at the Côté gold project are advancing smoothly, with the primary crushing circuit startup in progress. Initial production

January 9, 2024

Ron Finklestien

mining

EMP Metals Revolutionizes Lithium Extraction with Groundbreaking PEA Results EMP Metals Revolutionizes Lithium Extraction with Groundbreaking PEA Results

The recent release of EMP Metal’s Viewfield lithium brine project’s Preliminary Economic Assessment (PEA) has reverberated across the mining industry, sending seismic waves through the market. The PEA revealed a post-tax Net Present Value (NPV) of a staggering $1 billion, while also disclosing a pre-tax internal rate of return (IRR) of 55% and a pre-tax NPV of $1.49 billion at an 8% discount rate. The capital cost of the project stands at $571 million, with an additional $52 million contingency, and a promise of repaying the investment over 2.1 years. CEO Rob Gamley expressed his elation, declaring the company’s deep

January 4, 2024

Ron Finklestien

mining

Atico Mining: La Plata Mining Concession Extension Fueling Share Surge Atico Mining: La Plata Mining Concession Extension Fueling Share Surge

Atico Mining: Securing Long-term Growth Atico Mining, a Latin America-focused mining exploration company, has sparked investor enthusiasm with an announcement of a favorable long-term extension for its La Plata mining concession in Ecuador. The company revealed that the Ecuadorian government’s decision to extend the concession creates a conducive environment for Atico to advance its investment plans in La Plata. Notably, in a forward-looking scenario, the company also has the option to apply for an additional 25-year extension in 2048, further solidifying its position in the region. A Historic Gem: La Plata Project The La Plata project, wholly owned by Atico,