Neometals (ASX: & AIM: NMT)
Announced the execution of a binding offtake agreement between Novana Oy and Glencore for VRP1.
Novana is a 100% owned subsidiary of VRP1’s joint venture company, Recycling Industries Scandinavia AB. Continue reading
Tag Archives: Glencore
Colonial Coal says projects unaffected by Sukunka EA
Colonial Coal (TSX.V: CAD)
Following the slide in the company’s share price following the decision by B.C environmental authorities to decline the AE for Glencore’s Sukunka project, Colonial Coal have issued a clarifying news release.
The Sukunka decision has no effect on CAD’s B.C. projects. Continue reading
Mining Review 11th December 2022
Mining Review 11th December 2022
A momentous week for mining in the UK this week as the government approved the UK’s first new coal mine for 30 years, in Cumbria.
Ascot Resources, Barkerville Gold, Neometals, Rumble Resources, and Wesdome Gold Mines made news this week. Continue reading
Cyprium Metals Secures a AUD50M Offtake Facility
Cyprium Metals (ASX: CYM)
Announced that it has entered into an exclusive Letter of Intent with Glencore for AUD$50 million in respect of a Copper Cathode Offtake Secured Prepayment Facility which will be used for funding the Nifty Copper, as part of the debt financing for the restart of the Nifty Copper Project, which includes capital expenditure, contingencies, working capital, and financing costs. […] Continue reading