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(Kitco News) - Vital Metals (ASX:VML) appointed Geordie Mark as its Managing Director and CEO.
(Kitco News) - Quebec Precious Metals is focused on the Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. QPM's flagship project is the Sakami project.
(Kitco News) - Canada's first rare earths producer Vital Metals (ASX: VML, OTCQB: VTMXF) announced today it has raised A$45 million via a targeted placement, with private equity firm Lionhead Resources Fund becoming a cornerstone investor following its A$30 million investment.
(Kitco News) - Canada's first rare earths producer Vital Metals (ASX: VML) today announced that it has commenced feeding ore into a dense media separation plant as part of commissioning its rare earth extraction facility in Saskatoon, Saskatchewan, Canada.
Experienced executive David Patterson wanted to be ahead of the nickel curve when he formed a new Québec-focused company in September 2020, foreseeing growing demand for metal in the clean energy sector. Patterson moved quickly, approaching Glenn Mullan, Chief Executive Officer of Val-d'Or Mining, ultimately leading to then-private Québec Nickel buying what is now the company's 15,000-plus hectare Ducros nickel, copper and PGE (platinum group element) project from Val-d'Or Mining for 3,589,341 special warrants.
(Kitco News) - Vital Metals Limited ("VML") and Quebec Precious Metals ("QPM") announced today that the companies have signed a binding term sheet for the acquisition by VML of QPM's 68% interest in the Kipawa exploration project and 100% interest in the Zeus exploration project, both located in Quebec, Canada, for C$8 million.
(Kitco News) - Nechalacho rare earths project in Northwest Territories, Canada, continued to ramp up production during July.
(Kitco News) - Vital Metals (ASX: VML) announced today that it has commenced rare earth production at its Nechalacho project in Northwest Territories, Canada.
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