NioCorp Developments Ltd. joined with a group of rare earth industry players to urge the U.S. Congress to approve bipartisan legislation in order to provide tax incentives for U.S. manufacturing of permanent rare earth magnets in the United States. In a letter delivered to the Democrat and Republican leaders in the U.S. House of Representatives, the industry coalition urged support for HR 5033, cosponsored by Reps. Eric [...]
NioCorp Developments Ltd. is pleased to announce success in the first stage of metallurgical testing that is designed to optimize the Elk Creek flowsheet and evaluate the potential integration of rare earth recovery to the Elk Creek Project . The metallurgical work is being conducted by Salt Lake City-based L3 Process Development , which has worked with NioCorp over the past several years on the development and [...]
Process Demonstrated Potential Significant Improvements in Project Energy Efficiency NioCorp Developments Ltd. is pleased to announce the completion of the first phase of testing of Elk Creek Project ore samples using High-Pressure Grinding Rolls technology. Testing confirmed that the ore that NioCorp expects to mine from the Project site, subject to receipt of necessary funding, can be successfully processed using HPGR [...]
NioCorp Developments Ltd. is pleased to announce that it has been named as a Top 10 U.S.-based mid-tier/junior mining company by Northern Miner, a leading industry publication. NioCorp was ranked #4 on the list of Top Ten companies in this category, which excludes coal and precious metals mining companies. The list by Northern Miner is based upon growth in market capitalization of the companies named over the past year [...]
At the request of IIROC, NioCorp Developments Ltd. wishes to confirm that it is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and level of trading volume of its common shares. Metallurgical Update In separate news, NioCorp is pleased to report that its metallurgical testing program continues to show excellent progress in several [...]
NioCorp Developments Ltd. is pleased to announce the initiation of testing of Elk Creek Project ore using High-Pressure Grinding Rolls technology. HPGR technology is an energy efficient and low-emission alternative for reducing the size of the ore to enable the recovery of niobium, scandium, titanium, and potential rare earth products. The use of HPGR in the Project reinforces the Company's commitment to the environment [...]
NioCorp Developments Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company. A total up-sized offering of 4,334,157 Units were issued at a price per Unit of C$1.43, for total gross proceeds to the Company of approximately C$6.2 million. The pricing of the Units was set at a premium to the five-day Volume Weighted Average Price of NioCorp common shares [...]
NioCorp Developments Ltd. is pleased to announce that it has formally closed on the purchase of a key land parcel associated with the Company's Elk Creek Superalloy Materials Project. With this acquisition, NioCorp now owns the surface land on which the Project's mine infrastructure and supporting operations will be located once sufficient project financing is obtained to allow the Project to proceed. Ownership of the [...]
NioCorp Developments Ltd. announces that it intends to offer, on a non-brokered private placement basis, up to 4,195,804 units of the Company at a price of C$1.43 per Unit for gross proceeds to the Company of up to approximately C$6.0 million. There is no minimum offering amount. The pricing of the Units was set at a C$0.01 premium to the five-day Volume Weighted Average Price of NioCorp common shares of C$1.42 based upon [...]
Mark Smith's Investor Presentation Will be Webcast Live Starting at 2:00 PM Eastern NioCorp Developments Ltd. is pleased to announce that CEO and Executive Chairman Mark A. Smith will present to investors on the Elk Creek Superalloy Materials Project during the H.C. Wainwright Spring Mining Virtual Conference on Tuesday, April 20, 2021. Mr. Smith will provide an overview of the Project and its plans to produce the [...]
NioCorp Developments Ltd. is pleased to announce the availability of a new video featuring Chief Operations Officer Scott Honan discussing NioCorp's ongoing review of the economic prospect of adding rare earth-based products to the company's existing planned product suite of niobium, scandium, and titanium critical materials products, once project financing is secured and the Project is operational. The video can be seen [...]
NioCorp Developments Ltd. announces a number of its directors and officers have exercised soon-to-expire share purchase options this week to acquire common shares of the Company at an exercise price of C$0.62. These directors and officers exercised options to acquire shares through "net settlement," and no shares were sold into the market by any director or officer in connection with the option exercises on March 10 [...]
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