Cobalt

Canadian North Resources Reports Substantial Increase of Copper, Nickel, Cobalt, Palladium and Platinum NI 43-101 Compliant Mineral Resources for its 100% owned Ferguson Lake Project in Canada

Retrieved on: 
Tuesday, March 19, 2024
Leapfrog, Technical report, National Instrument 43-101, SRK, PGO, Ferguson Lake, Mineral Resources Limited, Classification, Gold, Copper, News, Strike, NSR, Security (finance), National instrument, Palladium, Mineral, Nickel, Rhodium, NI 43-101, Platinum, CIM, PGM, Cobalt, Resource, Uranium mining

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce an updated Mineral Resource estimate (Table 1) for its 100% owned Ferguson Lake base metal (copper, nickel, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum) project in Nunavut, Canada.

Key Points: 
  • This new Mineral Resource Estimate has demonstrated the project is one of the largest and highest-grade undeveloped critical mineral projects in North America.
  • The Mineral Resources for the Ferguson Lake Project were estimated using Leapfrog Edge™ software.
  • Open pit Mineral Resources are reported at a NSR cut-off value of US$33.00 and underground mineral resources are reported at a NSR cut-off value of US$96.00.
  • The 2022 Mineral Resource Estimate considered recoveries derived from hydrometallurgical testworks to produce the metal products of copper, nickel, cobalt, palladium and platinum.

Collective Metals Provides Review of Fourteen Mile Target Area on its Princeton Property, B.C.

Retrieved on: 
Friday, March 15, 2024
Agreement, Property, MPD, Geology, RMK, IP, Marketing, 3B2, CAD, Project, Arsenic, CMMC, Anomaly, Mineral, Whipsaw Creek, Term, Ministry, Iron, Gravity anomaly, Bismuth, Princeton Project, News, Metallurgy, National instrument, Google Ads, Soil, Service, COMT, Corridor, Advertising, Princeton University, Element, Mechanical engineering, Donald Duck filmography, Cobalt, Rare-earth element

VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to provide a review of results from the Fourteen and Fifteen Mile target areas in its flagship Princeton Project in south-central B.C. (the “Project”). The Property hosts several alkalic Cu-Au porphyry targets associated with Triassic diorite intrusions analogous to those associated with the currently producing Copper Mountain Mine, which lies approximately 10 km to the east (Figure 1). Results from a soil geochemical survey completed in 2023 are interpreted to confirm the mineral potential of the Fourteen and Fifteen Mile target areas as one of five (5) promising prospects with favourable geology, geophysical signatures, and/or historic geochemistry (please see News Release dated January 8, 2024). The Trojan-Condor Corridor, which hosts significant chargeability anomalies identified in a previous Induced Polarization (“IP”) survey,1 is considered a drill-ready target. The Company plans to conduct IP surveys over the other four target areas, including the Fourteen Mile target, in 2024.

Key Points: 
  • VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is pleased to provide a review of results from the Fourteen and Fifteen Mile target areas in its flagship Princeton Project in south-central B.C.
  • The Trojan-Condor Corridor, which hosts significant chargeability anomalies identified in a previous Induced Polarization (“IP”) survey,1 is considered a drill-ready target.
  • The Company plans to conduct IP surveys over the other four target areas, including the Fourteen Mile target, in 2024.
  • Figure 1 - Fourteen, Fifteen and Sixteen Mile Target Areas with Aeromagnetic anomalies, alteration, intrusions, 2011 high-quality sieved sediment samples and 2023 soil pathfinder anomaly geochemistry.

TMC Applauds ~350 Former U.S. Political and Military Leaders Urging Senate to Ratify Law of the Sea for Deep-Sea Mine Sites "Each Containing a Trillion Dollars in Value"

Retrieved on: 
Thursday, March 14, 2024
ISA, Congress, Letter, Manganese, University, UNCLOS, Assistant, Manufacturing, TMC, National security, Committee, Copper, Metal, Nickel, Council, OPC, Foreign, Aircraft, Defense, Government, Cobalt, Policy, State, United Nations Convention, Mining

UNCLOS ratification remains a legislative uncertainty for the U.S., but the country can still potentially process and refine nodules through allied countries and contractors, and TMC’s offshore exploration and onshore processing campaigns have involved a wide array of American companies and universities.

Key Points: 
  • UNCLOS ratification remains a legislative uncertainty for the U.S., but the country can still potentially process and refine nodules through allied countries and contractors, and TMC’s offshore exploration and onshore processing campaigns have involved a wide array of American companies and universities.
  • The letter , which follows this week’s introduction of the Responsible Use of Seafloor Resources Act (RUSRA) in Congress, was signed by around 189 American ambassadors, 73 generals, 50 admirals, four directors of national intelligence and scores of other distinguished supporters.
  • Although the U.S. has yet to ratify UNCLOS — a legislative step that would enable it to access the vast, untapped critical minerals found in seafloor nodules in international waters — it can still process and refine critical minerals extracted from polymetallic nodules collected in international waters.
  • In December 2023, President Biden signed the National Defense Authorization Act, through which the House Armed Services Committee directed the Assistant Secretary of Defense for Industrial Base Policy to submit a report to the Committee to assess “the processing of seabed resources of polymetallic nodules domestically.”

TMC Commends U.S. Congress on Bill to “Provide Financial, Diplomatic, or Other Forms of Support for Seafloor Nodule Collection, Processing and Refining” and Advancing International Regulations for Seafloor Resources

Retrieved on: 
Wednesday, March 13, 2024
Odyssey, House, Congress, Manganese, The Metals Company, Recycling, TMC, ESG, Metal, Economic development, Mineral, Seabed, Nickel, Bangladesh Technical Education Board, Breakthrough Institute, Legislation, Collection, Inflation, Pentagon, Representative, Cobalt, Rare-earth element

The bill is endorsed by a coalition of leaders across the offshore energy industry, marine mineral exploration, and global research centers.

Key Points: 
  • The bill is endorsed by a coalition of leaders across the offshore energy industry, marine mineral exploration, and global research centers.
  • Additionally, we eagerly await the forthcoming Pentagon report on nodules as directed by the House Armed Services Committee.
  • The Pentagon’s ability and willingness to support a feasibility study for a domestic refinery could help establish mineral independence for the U.S. in nickel, cobalt and manganese.
  • The newly introduced Responsible Use of Seafloor Resources Act aims to ready the United States for the commercial availability of seafloor nodules, an abundant source of critical minerals.

North Bay Resources Announces Exploration at Murex Copper; Targets Historic Drill Holes up to 16m @ 6.1g/t Gold and Surface Samples up to >100g/t Gold

Retrieved on: 
Wednesday, March 13, 2024
Molybdenum, National Instrument 43-101, Nutrient, Vein, Geology, Magnesium, Murex, Fracture, Copper, Columbia, Gold, News, Imperial, Quartz, Tulameen, NBRI, National instrument, Carbon, Metal, Nickel, Imperial Metals, Autumn, CO2, OTC, Estate, Platinum, Magnesium oxide, Standard Oil, Cobalt, Press release, Mining, Sintering

The Company aims to further delineate the mineralized zones and begin the process of bringing the project compliant with modern exploration standards.

Key Points: 
  • The Company aims to further delineate the mineralized zones and begin the process of bringing the project compliant with modern exploration standards.
  • Extensive historical exploration by Standard Oil in the 1970’s and Noranda (Glencore), in the 1980’s, has provided a wealth of detailed data and information.
  • Large intersections of gold in drill core up to 16m @ 6.1g/t gold have also been identified.
  • In addition, historical surface samples from these zones are provided below showing significant gold and copper assays over large areas.

NewHydrogen CEO Steve Hill Discusses the Need for Efficient Hydrogen Production Methods with Chair of Environmental Studies at Rhodes College

Retrieved on: 
Tuesday, March 12, 2024
Research, Solvent, Duquesne University, Solar energy, COVID-19, Associate, Stunning, Copper, Environmental studies, Nickel, Doctor of Philosophy, Hydrogen, Water, Oxygen, Innovation system, Rhodes College, Photosynthesis, Cobalt, Electrolysis, Iron

SANTA CLARITA, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of a breakthrough technology that uses clean energy and water to produce the world’s cheapest green hydrogen, today announced that in a recent podcast the Company’s CEO Steve Hill spoke with Will Eckenhoff, Associate Professor of Chemistry and Chair of Environmental Studies at Rhodes College.

Key Points: 
  • Regarding obstacles in hydrogen adoption, Dr. Eckenhoff said, “There are challenges of transitioning to a hydrogen-based economy, especially in the context of vehicle electrification.
  • There is the issue of recharge times and the need for efficient hydrogen production methods that don't rely on fossil fuels.” The conversation also touched on the potential of light-driven hydrogen production and electro catalytic hydrogen production and developing a distribution network for hydrogen.
  • The first project investigates the design, synthesis, and testing of nickel and cobalt complexes as catalysts for hydrogen production in artificial photosynthesis.
  • A clean and inexpensive method of producing hydrogen gas is vital for the creation of a future hydrogen economy.

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

Retrieved on: 
Tuesday, April 2, 2024
Technology, General Automotive, EV, Electric Vehicles, Other Energy, Automotive, Batteries, Alternative Energy, Energy, Environment, Mining, Minerals, Public Relations, Investor Relations, Sustainability, Communications, Natural Resources, DRC, IRA, Letter, Manganese, Copper, ERG, Metal, Carbon, Nickel, Graphite, Lithium, LG Energy Solution, Multimedia, Cobalt, Democratic republic

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.
  • (“ERG”), a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for long-term supply of ERG’s cobalt hydroxide to North America’s first battery grade cobalt sulfate refinery.
  • The agreement, effective April 1, 2024, supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners.
  • Electra and ERG are exploring further collaboration to de-risk the construction of another cobalt refinery in the Bécancour, Quebec district.

Argonne-Supported Critical Materials Assessment Tags Potential Supply Chain Bottlenecks

Retrieved on: 
Thursday, March 28, 2024
Natural Resources, Defense, Environment, EV, Electric Vehicles, Other Transport, Environmental Health, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, Transport, Other Energy, Other Defense, Contracts, Alternative Energy, Alternative Vehicles, Fuels, Energy, Automotive, Climate Change, Technology, Public Transport, Retail, Batteries, Sustainability, Green Technology, Government Technology, Mining, Minerals, Electricity, Advanced Materials, Dysprosium, EVS, Light-emitting diode, Risk, Energy efficiency, Research, Praseodymium, Graphite, Lithium, Inflation, DOE, Cobalt, Renewable energy

As demand jumps for these critical materials, which are sourced from all over the world, the risk of disruption to supply chains also increases.

Key Points: 
  • As demand jumps for these critical materials, which are sourced from all over the world, the risk of disruption to supply chains also increases.
  • The report, titled the 2023 Critical Materials Assessment , “draws upon mature expertise in complex supply chains and our understanding of the underlying causes of disruptions,” said Allison Bennett Irion, director of supply chain research at Argonne.
  • Argonne helped produce several supply chain reports in response to the 2021 Executive Order on America’s Supply Chains.
  • The 2023 Critical Materials Assessment was funded by the Advanced Materials and Manufacturing Technologies Office within DOE’s Office of Energy Efficiency and Renewable Energy.

Cboe Canada Extends Support of Mining Industry with Uplisting of Denarius Metals

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Natural Resources, Mining, Minerals, Finance, Denarius, Growth, Silver, ETF, Zinc, Copper, Lead, Gold, Acquisition, Metal, Palladium, Nickel, Platinum, DSLV, Committed, Cobalt, Security (finance)

Cboe Canada Inc. (“Cboe Canada”) is excited to welcome polymetallic mining company Denarius Metals Corp. (“Denarius Metals” or the “Company”) as they uplist to Cboe Canada, a Tier 1 stock exchange.

Key Points: 
  • Cboe Canada Inc. (“Cboe Canada”) is excited to welcome polymetallic mining company Denarius Metals Corp. (“Denarius Metals” or the “Company”) as they uplist to Cboe Canada, a Tier 1 stock exchange.
  • Headquartered in Toronto, Canada, Denarius Metals is a mining company focused on the acquisition, exploration, development, and eventual operation of four mining properties in Spain and Colombia.
  • “Congratulations to the team at Denarius Metals as they take the next step in the company’s evolution,” commented Erik Sloane, Global Head of Company Listings at Cboe Canada.
  • “By uplisting to Cboe Canada, Denarius is positioning for growth as they commence mining operations, with access to Cboe’s global investor reach and connectivity.

Li-Cycle Closes $75 Million Strategic Investment from Glencore

Retrieved on: 
Monday, March 25, 2024
Natural Resources, Batteries, Environment, Alternative Energy, Energy, Technology, Green Technology, Mining, Minerals, Form 8-K, Partnership, Form, Indian stock exchange, Nickel, LON, Note, Cobalt, PIK, Security (finance)

Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to close the $75 million investment from Glencore, which enhances our liquidity position and is a key interim step in our funding strategy.

Key Points: 
  • Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to close the $75 million investment from Glencore, which enhances our liquidity position and is a key interim step in our funding strategy.
  • As we continue our comprehensive review process, we look forward to expanding our existing long-term, strategic partnership with Glencore and are excited about the future opportunities for Li-Cycle.
  • We remain focused on our key priorities of driving down costs through our cash preservation plan, reviewing our go-forward strategy for the paused Rochester Hub, and evaluating additional financing and strategic alternatives.
  • The aggregate amount outstanding under the Existing Glencore Notes is currently approximately $225 million.