International news within the industry of mining and metal, Jul, 23 2018
Latest News

Bonterra Resources to acquire Metanor Resources

Photo: Bonterra Resources
Photo: Bonterra Resources
Published by
Simon Matthis - 20 Jun 2018

Bonterra Resources will acquire Metanor Resources with the intention of creating an advanced Canadian gold exploration and development corporation.

The combined company’s main goal will involve expanding its presence in the Urban Barry Quebec gold camp, with the goal of building out future mining development in the area.

Nav Dhaliwal, President and CEO of Bonterra, said, “Bonterra has been an extremely successful exploration company and must continue to evolve and participate in growth opportunities.  We have quickly and efficiently discovered and developed the Gladiator deposit over the past two years, and now look to put our exploration skills and experience to work on the larger combined land package. We believe we will be able to develop a much larger and more significant resource profile within the Urban Barry Camp.  The availability and ownership of a permitted and expandable processing facility certainly places Bonterra in an excellent position to rapidly and cost effectively become a significant Quebec based gold producer.

Greg Gibson, Chairman and Interim CEO of Metanor, commented, “Putting together two, arguably, undervalued companies like Metanor and Bonterra is extremely beneficial and logical in a number of ways.  Resource growth, exploration synergies and de-risking the path to production are all considerations, as well as potential to access different and larger markets and shareholders. I look forward to working with the Bonterra team, as the combined effort provides the opportunity to create significant shareholder value.”

 

 

 

Keliber geologists on the run in Finnish forests. The first indications of spodumene, a mineral rich in lithium, in the bedrock of Kaustinen were discovered in the village of Nikula in 1959. Since then, the area has been explored in a number of stages spanning the past decades. Today, the lithium spodumene deposits of Central Ostrobothnia are one of the most important reserves in Europe. Photo: Keliber
Keliber geologists on the run in Finnish forests. The first indications of spodumene, a mineral rich in lithium, in the bedrock of Kaustinen were discovered in the village of Nikula in 1959. Since then, the area has been explored in a number of stages spanning the past decades. Today, the lithium spodumene deposits of Central Ostrobothnia are one of the most important reserves in Europe. Photo: Keliber

Kelibers environmental impact assessment answered by the NTM Center

"Harmful substances in the slate"

On January 18 this year, the mining company Keliber sent an MKB description to the Finnish NTM...