Agreements to Purchase Interest in Carnegie Properties Noble has agreed to purchase from a co-owner a 50% interest in 317 patented and tenure identified mining claims in Carnegie, Kidd, Wark and Prosser Townships totaling approximately 6,600 hectares, and a 51% interest in certain mining claims in Carnegie Township totaling approximately 4,978 hectares. Upon closing of these transactions, Noble will hold a 100% interest in each property, subject to 2% NSRs held by prior owners or their assigns. The consideration payable by Noble for the acquisition of the co-owner’s interest in the First Carnegie Property is a total of 162,000 common shares in the capital of Canada Nickel. The consideration payable by Noble for the acquisition of the co-owner’s interest in the Second Carnegie Property is a total of 50,000 Canada Nickel common shares. Closing of these transactions is subject to customary conditions and regulatory approvals. TSX.V: NOB | FWB: NB7 l OTCQB: NLPXF #Mining #Investing #Exploration #Carnegie Learn more: https://lnkd.in/gbkADHiu
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Rio’s recent acquisition of Arcadium is an excellent proof point of part of the thesis of our fund, and why mining companies are excited about it. Simply put, the right technology in the right hands can be a significant multiple mover even before broad commercialization. Our deal pipeline includes dozens of technologies that can reduce cut-off grades, reduce operating cost, improve safety, and deliver quantifiable emissions reductions. https://lnkd.in/gMuh-C_H #mining #technology #criticalminerals #sustainability
Rio pays premium multiple for Arcadium in biggest deal since 2007 - MINING.COM
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Toronto-headquartered Power Nickel (TSX-V:PNPN) has closed its recent $20-million flow-through offer “oversubscribed” and backed by well-known mining personalities including billionaire investor Robert Friedland. The junior explorer raised around C$20.1 million via the issue of 16.05 million flow-through units at C$1.25 each. Each unit comprised one flow-through common share and half of one share purchase warrant, with each warrant exercisable for one common share at C$1.25 within three years. Friedland, who is the founder and co-chairman of Canada’s Ivanhoe Mines (TSX:IVN), participated in the capital raising along with fellow Canadian businessman and CEO of McEwan Mining, Rob McEwan. CVMR Inc and Terra Capital also took part in the capital raising. The cash raised will fund exploration activities at Power Nickel’s Nisk property in Québec, Canada. Earlier in June, Power Nickel kicked off its 2024 drilling program, comprising 20 holes totalling 8,000m targeting additional zones of copper, platinum, palladium, gold, silver and nickel at the Lion Zone. CEO Terry Lynch says Power Nickel is grateful for the support of some of the leading investors in mining. “Like us, they believe Nisk has exceptional exploration upside,” he says. “With this capital, we will be able to substantially increase our already very successful exploration efforts. “We currently have one drilling rig targeting the extension of the Lion Zone and soon we will have a second rig advancing the exploration program developed by our team, with substantial guidance from Dr. Steve Beresford.” #mining #resources #criticalminerals #preciousmetals #investment #industryleaders #energytransition #sustainableenergy #technology #conductors
Robert Friedland gets behind Power Nickel’s ‘oversubscribed’ $22 million raising - Mining.com.au
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Manitoba’s new Critical Mineral Strategy is setting the stage for a massive shift in mining projects, Indigenous partnerships, and workforce demand. As the province accelerates mining timelines and places a strong emphasis on economic reconciliation, the need for skilled talent is set to surge. Is your team ready for the upcoming demand in mining expertise? We dive into what this strategy means for recruitment needs and the mining sector’s future in our latest blog: https://lnkd.in/gjApsS2b #Manitoba #Mining #CriticalMineralStrategy #MiningIndustry #Canada
How Manitoba’s New Critical Mineral Strategy Could Impact Mining Recruitment Needs
blog.tpd.com
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This isn't #investing, this is #speculating Here is a company that is going to either run out of cash & have to continue to shuffle #management around--or they are going to rocket in #price Junior #mining companies go to #Greenland to die, can this one survive? I give an overview and some red flags I see. #StayOnTheBall https://lnkd.in/ek5xqsh2
You Will Lose Everything Or Win Big
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The final Capital Crunch for this week outlines a rare earths-focused company securing more than $10 million in funding, while two junior explorers are tapping investors for up to $1.3 million. Read here for more. https://lnkd.in/g8duNTFc #capitalraising #exploration #US #australia #mining
The Capital Crunch: American Rare Earths pockets $10.7 million for Cowboy State Mine - Mining.com.au
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WA mining services providers are calculating the impact BHP's (ASX:BHP) decision to put its nickel operations on ice will have on their bottom line. https://lnkd.in/geN6x8KG #nickel #mining #miningservices #westernaustralia #miningnews
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“”Canada has been a perennial mining superpower. More mining companies trade on the Toronto Stock Exchange and TSX Venture Exchange than on any other stock exchange globally and more mining companies are headquartered in Canada than in any other country. And with this comes a wide and deep array of mining expertise and service providers, including financial, accounting, consulting, legal, technical and environmental. Over all, it’s no exaggeration to say that much of the global mining industry runs one way or another through Canada. But this dominance and the many economic benefits that flow from it are not guaranteed and have in fact been slipping, with Canada losing ground to Hong Kong and Australia, among others. We should not take our historic strengths in mining for granted.
Opinion: Canada needs a clearer and more co-ordinated mining strategy, and quickly
theglobeandmail.com
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Canada Nickel Exercises 80% Earn-in for Mann Property ⚒️ TSXV:CNC ◾Only 22km east of Crawford ◾️Drill results returning similar grades to Crawford ◾4x the size Details: https://shorturl.at/sSW47 #nickel #mining #juniormining #batterymetals #criticalminerals #criticalmetals
Canada Nickel Now Owns 80% of Highly Prospective Mann Nickel Property | Capital 10X
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New rules make it more difficult for foreign investment into Canada's mining space... The regulations mean any M&A deal involving critical minerals has to get government approval. https://lnkd.in/gJuEHRQe #mining #mines #exploration #development #prospecting #buildings #building #industrial #resources #materials #commodities
Canada puts its big miners off limits just as M&A is heating up - MINING.COM
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The September quarter saw Rumble Resources Ltd (ASX:RTR, OTC:RTRFF) ramp up gold, tungsten, zinc, lead and silver exploration across its portfolio of projects in Western Australia. Chief among the company’s achievements was an upgraded mineral resource estimate (MRE) at the Western Queen Gold Project, now totalling 4.42 million tonnes at 2.02 grams per tonne (g/t) for 286,600 ounces of gold. This represents a 76% increase in indicated and inferred resources compared to the August 2021 estimate, with indicated resources alone rising by 142%. The Western Queen site, where historical mining has produced 215,000 ounces of gold, remains open along strike and at depth, with further drilling scheduled for November targeting an additional 20,000 metres. More at #Proactive #ProactiveInvestors #ASX #RTR #Mining #Gold #PreciousMetals http://ow.ly/xHul105NUh1
Rumble Resources has busy quarter with resource expansion and promising new discoveries
proactiveinvestors.com.au
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