Niobay Metals’ main focus is its James Bay niobium project in Ontario; in addition, the company has a 72.5-percent interest in the Crevier niobium-tantalum resource in Quebec, and an option to earn up to a 65-percent stake in the La Peltrie gold project, also in Quebec. Toshiba is developing a “next-generation” lithium-ion battery with an anode made of titanium niobium oxide. According to Toshiba, this new anode material will allow it to create lithium-ion batteries with double the current anode capacity. Niobay’s share price rose 109.38 percent over the course of the week to close at $0.32.
Northern Graphite is developing the Bissett Creek graphite deposit in Ontario, and last week its share price rose 97.92 percent to close at $0.48. On October 24, management said it was unaware of any material change in its affairs or operations that would account for the recent increase in market activity.
Eskay Mining’s latest news came on October 19, when it announced the completion of a 9,336-meter, 12-hole drill program on its SIB property. SSR Mining, formerly Silver Standard Resources, has the option to earn a 51-percent interest in the property.
On October 26, Melior Resources said it intends to restart operations at Goondicum's ilmenite mine. It has an agreement in principle with Pala Investments for the provision of a $5.25-million loan facility.
Mustang Minerals is focused on the exploration and development of nickel, copper and platinum-group metals projects, and has assets in Canada. The company announced the completion of a share consolidation on October 26 after the shareholders approved the decision on June 7, 2017.
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