Junior Mining News

Volkwagen invests USD$100m in solid-state battery research firm

By Michael Allan McCrae Volkswagen is investing USD$100m in QuantumScape to accelerate the commercialization of its solid-state battery business. Solid-state batteries are a rival technology to lithium-ion batteries with advantages such as higher energy density, enhanced safety, fast-charging capability and significantly less space requirements. A successful solid state battery could potentially decrease the need for […]

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Dalradian Agrees to C$537-million Takeover Bid From Orion

By Nicole Rashotte Private equity firm Orion Mine Finance will acquire Dalradian Resources (TSX:DNA, LON:DALR) for a recommended cash offer of C$1.47 per share, allowing it to expand ownership of the vast gold deposit of Curraghinalt, the companies announced on Thursday (June 21). Under the agreement, Curraghinalt will continue to be backed by Osisko Gold

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Lumina, First Quantum Formalize Ecuadorian Excursion

By Scott Tibballs Canadian miners Lumina Gold (TSXV:LUM) and First Quantum Minerals (TSX:FM) are now bound together after the two signed an earn-in agreement for Lumina’s Ecuadorian gold–copper concessions. Lumina announced the news on Thursday (June 21), which will see First Quantum contribute US$1.5 million in the next year for exploration on two concessions, Orquideas

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Fortune Minerals on Resource World Magazine

By Hamza Ghaznavi Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) got featured on Resource World Magazine. The article talked about a renewed interest in the company’s NICO project after a recent surge in pricing. “The company has entered into approximately 30 confidentiality agreements with potential strategic partners from diverse business sectors.” – Fortune Minerals CEO Robin Goad

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Turkish election represents market event investors unable to ignore

In a week where market headlines continue to be driven by a potential trade war breaking out between the United States and China along with the latest OPEC meeting in Vienna, traders are unable to ignore the likelihood that the upcoming weekend election in Turkey could create further volatility in the financial markets. …read more

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Top Dalradian shareholder supports Orion Mine takeover offer

By Reuters TORONTO, June 21 (Reuters) – M&G Investment Management, the biggest shareholder in Dalradian Resources Inc, said on Thursday it was supportive of a friendly cash takeover offer for Dalradian from private equity group Orion Mine Finance. The C$1.47 per share offer is fair, Jamie Horvat, director of global equities at M&G, told Reuters.

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