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Company News

Canada Carbon Raises $560,000 at a Premium

Canada Carbon Raises $560,000 at a Premium

Canada Carbon (TSXV:CCB) announced it had closed a $560,000 private placement, issuing 2 million flow-through units at a price of $0.28 per unit. A $33,600 finder's fee was paid to Secutor Capital Management.

Valence Releases Maiden JORC Graphite Ore Reserve for Uley

Valence Industries Ltd. (ASX:VXL) announced the maiden JORC 2012 graphite ore reserve for its South Australia-based Uley graphite operations. It also released an initial life of mine estimate for Uley.

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Market News

Chinese Billionaire Aiming to Beat Tesla in EV Market

A recent report from Bloomberg suggests that Chinese billionaire Jia Yueting is aiming to build electric cars and hopes to surpass Tesla Motors Inc. (NASDAQ:TSLA) in terms of building a broadly available electric vehicle.

China May Have Hit Peak Graphite: Simon Moores

In the latest issue of Benchmark Mineral Intelligence, analyst Simon Moores states that in 2014, China's share of natural graphite output will sink by 15 percent, hitting "levels not seen since the mid-1990s when the country began exporting to international markets."

Graphite, Graphene Companies Sank in November

InvestorIntel reported that in November, shares of graphite and graphene companies fell 8.61 percent despite the fact that "favorable resource updates" were not scarce. Those circumstances could present a buying opportunity for investors.

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