NioCorp Developments Ltd. is pleased to announce receipt of a new proposed design for the underground portion of its Elk Creek Critical Minerals Project by the Nordmin Group of Companies . The new mine design confirms the technical feasibility of several innovative approaches to mining Elk Creek’s critical minerals which, if accepted by NioCorp, could further streamline the process of moving the Project to initial [...]
CENTENNIAL, Colo., July 19, 2018 -- A U.S. Senate Committee chose to highlight NioCorp Developments Ltd.’s Elk Creek Critical Minerals Project because of the uniqueness of the critical minerals it plans to make and because of the Project’s success in reducing its expected environmental impacts. NioCorp testified this week in Washington, D.C. at a hearing of the U.S. Senate Energy and Natural Resources [...]
CENTENNIAL, Colo., July 11, 2018 -- NioCorp Developments Ltd. is pleased to announce that it has agreed to testify on Tuesday, July 17, 2018 before the U.S. Senate Committee on Energy and Natural Resources on its Elk Creek, Nebraska Critical Minerals Mine and on the economic and national security implications of the three superalloy metals it plans to produce. The hearing, led by U.S. Senator Lisa Murkowski , Committee [...]
NioCorp Developments is pleased to announce that ongoing work on detailed engineering being conducted by the Nordmin Group of Companies on NioCorp’s proposed Elk Creek Nebraska, Critical Minerals Mine shows that a proposed waterline to the Missouri River is no longer needed by the Project. Nordmin’s ongoing design engineering of the Project’s underground mine, and recently updated hydrogeological [...]
CENTENNIAL, Colo., June 28, 2018 -- NioCorp Developments Ltd. is pleased to announce that it has completed and signed a definitive convertible security funding agreement with an entity managed by The Lind Partners, a New York based asset management firm . A total of US$1.0 million will be funded pursuant to the issuance of a convertible security , which is expected to occur on or around July 9, 2018. The Agreement [...]
CENTENNIAL, Colo., June 28, 2018 -- NioCorp Developments Ltd. is pleased to provide an update on the progress of the detailed engineering study being conducted by the Nordmin Group of Companies on NioCorp’s proposed Elk Creek Nebraska, Critical Minerals Mine . The work has determined that incorporating industry-standard ground freezing technology during shaft sinking, coupled with the reduction in underground [...]
NioCorp Developments Ltd. , a developer of superalloy metals, has awarded a major contract to Rockwell Automation to engineer, design and procure process automation and instrumentation for NioCorp’s proposed critical minerals, mining and processing facility in Elk Creek, Nebraska. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180521005228/en/ Three [...]
CENTENNIAL, Colo., May 17, 2018 -- The Trump Administration will officially designate as “Critical Minerals” the entire planned product suite of superalloy metals that NioCorp Developments Ltd. proposes to mine and process at its Elk Creek, Nebraska Superalloy Materials project. The designation establishes the Elk Creek Project as one of the few polymetallic greenfield mining projects in the U.S. that proposes [...]
CENTENNIAL, Colo., March 09, 2018 -- NioCorp Developments Ltd. is pleased to announce the completion of an independent technical review of the Company’s Elk Creek Superalloy & Critical Minerals Project . The independent technical review, conducted by independent engineering firm RPM Global USA Inc., was commissioned by Northcott Capital Limited, which is leading NioCorp’s effort to assemble financing for the [...]
The Trump Administration has proposed including the superalloy metals niobium, scandium, and titanium among 35 “Critical Minerals” that are to be considered “vital to the Nation’s security and economic prosperity.” With its entire planned product suite now proposed as strategically vital by the U.S. Government, NioCorp’s Elk Creek Project is emerging as a highly unique “Critical [...]
NioCorp Awards Contract to The Nordmin Group for Detailed Engineeering of the Elk Creek Underground Mine Nordmin’s Primary Objectives are to Shorten the Project’s Time to Commercial Production, Reduce Environmental Impacts, and Reduce CAPEX and OPEX THUNDER BAY, Ontario, Feb. 07, 2018 -- NioCorp Developments Ltd. and the Nordmin Group of Companies are pleased to jointly announce the signing of an agreement for [...]
CENTENNIAL, Colo. , Jan. 24, 2018 -- NioCorp Developments Ltd. is pleased to announce that an entity managed by The Lind Partners, a New York-based asset management firm , will invest an additional US$2.5 million in the form of a convertible security under the second and final tranche of the convertible security funding agreement between NioCorp and Lind dated December 14, 2015, as amended . In addition, NioCorp has [...]