Triton Minerals Ltd. (ASX:TON) announced that preliminary partial metallurgical results from the Cobra Plains deposit, located at its Mozambique-based Balama North project, show total carbon recovery of 96 percent.
Graphite Company News Directory
Mining Weekly reported that according to StratMin Global Resources plc (LSE:STGR), production at its Lohorano plant, located in Madagascar, is now consistent at one shift per day.
Noram Ventures Inc. (TSXV:NRM) has initiated discussions with parties in Canada and the United States that have applied for commercial licenses to legally produce marijuana. In Canada, the parties have applied to Health Canada to become licensed producers, and would be authorized to posess and sell marijuana for medical purposes.
Mr. Gary Economo, Chief Executive Officer of Focus Graphite Inc., (TSXV:FMS,OTCQX:FCSMF,FSE:FKC) and CEO and Founding Partner of Grafoid Inc. announced the appointment of Mr. Thomas H. Cruikshank as a strategic advisor to Grafoid. Focus Graphite currently holds a 19 percent equity interest in Grafoid Inc.
Syrah Resources (ASX:SYR) has provided a progress report as it continues metallurgical testwork on its wholly owned Balama Graphite and Vanadium deposit in Mozambique. Highlights include the commencement of a Scoping Study, the upgrading of Balama vanadium to a 98.5% vanadium pentoxide chemical powder concentrate, and a decision to include vanadium in the Balama bankable feasibility study.
Big North Graphite Corp. (TSXV:NRT,OTC:BNCIF) reported its largest sale of graphite to-date: a total of 403 tons of amorphous graphite was shipped to a customer within Mexico in March.
Mason Graphite Inc. (TSXV:LLG,OTCQX:MGPHF) announced this morning that it has entered into an agreement under which a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. has agreed to buy, on a bought deal basis, 15,384,625 units priced at $0.65 each for gross proceeds of about $10 million.
Grafoid Inc. announced it signed an agreement with Altamat Inc. for the construction of an atomization facility to produce MesoGraf™graphene-based powders and filaments for 3D printing. Altamat Inc. is an advanced materials manufacturing consultancy founded by Dr. Henein, an expert in materials process engineering for metals, metallic alloys and composites.
Next Graphite Inc. (OTCQB:GPNE) announced that it has exercised its option to purchase the Southern Namibia-based Aukam mine, located on 125,000 acres of the Aukam property. It is the only mine in the country that has produced graphite.
Cavan Ventures Inc. (TSXV:CVN) announced its plans to conduct diamond drilling programs in Q2 at its Buckingham and Tetepiska-East graphite properties in Quebec. The Company also announced that it will be working with Robson Capital Markets Advisory on financing and potential opportunities in the medical marijuana space.