Duluth Metals is pleased to announce that it has entered into an agreement with Industrial Alliance Securities to undertake a private placement of common shares for gross proceeds of up to CDN $5 million. The Offering will be made on a best efforts fully marketed private placement basis and the Shares will be priced in the context of the market [...]
Duluth Metals today announced that it has filed on the independent National Instrument 43-101 Technical Report on the Twin Metals Minnesota Project prepared for Duluth Metals by a multi-company team led by AMEC E&C Services. Work will continue to advance the project situated in northeastern Minnesota. The joint venture partners, Duluth Metals and [...]
Duluth Metals today announced that it has received the draft pre-feasibility study set out in the independent National Instrument 43-101 Technical Report prepared by a multi-company team led by AMEC E&C Services for Duluth Metals for the proposed underground copper, nickel and platinum group elements mining project located in northeastern [...]
Duluth Metals is pleased to announce new management and technical team appointments for the Twin Metals Minnesota Joint Venture. Duluth Metals continues to work with Antofagasta to advance the TMM Project on a 40/60 joint venture whereby Duluth maintains its 60% ownership of TMM and Antofagasta owns 40% with costs being split at those levels [...]
TDuluth Metals is pleased to announce that its Board of Directors initiated a process to review potential strategic alternatives. Duluth Metals has asked Barclays, its financial advisor, to advise and assist with the thorough evaluation of its strategic alternatives. Christopher Dundas, Executive Chairman of Duluth Metals Ltd., noted "We are [...]
Duluth Metals announces it has received a formal "25% Option Termination Notice" from Antofagasta under Section 6.4 of the Second Amended and Restated Participation and Limited Liability Company Agreement between Antofagasta and Duluth Metals on the Twin Metals Minnesota Project. With the receipt of this notice, the joint venture moves immediately [...]
Duluth Metals is pleased to announce that on June 9, 2014 at the Annual General Meeting the shareholders of the Company elected the following directors for a term of office of one year or until their successors are otherwise duly elected or appointed: Christopher C. Dundas (80.08% of the shares represented at the meeting), Alar Soever (79.51% of [...]
Duluth Metals is pleased to announce that the Duluth Metals Annual and Special Meeting of Shareholders will be held at the Bennett Jones LLP, Canada Boardroom, One First Canadian Place, 34th Floor, Toronto, Ontario M5X 1A4, Canada on Monday, June 9, 2014 at the hour of 10:00 a.m. EDT. An archived copy of the presentation will also be available on [...]
Duluth Metals is pleased to announce the appointment of Mr. Kelly J. Osborne as its President and CEO effective immediately. Mr. Osborne, a senior mining executive, with over thirty years of industry experience with major mining companies including Freeport-McMoRan, Vulcan Materials and Stillwater Mining Company, will focus on Duluth's joint [...]
Duluth Metals is pleased to announce that the Company is well positioned to take advantage of the rapidly recovering nickel market through their 60% ownership in Twin Metals Minnesota, which is currently in advanced pre-feasibility phase on a major polymetallic copper-nickel-platinum-palladium-gold project in NE Minnesota. Duluth Metals recently [...]
Duluth Metals today announces that the updated independent NI 43-101 Technical Report completed by AMEC E&C Services by a team led by Dr. Harry Parker entitled "Maturi, Maturi Southwest, Birch Lake, and Spruce Road Cu-Ni-PGE Projects, Ely, Minnesota, USA NI 43-101 Technical Report" with an effective date of January 2, 2014 has now been filed on [...]
Duluth Metals today announces that the updated independent NI 43-101 Technical Report completed by AMEC E&C Services by a team led by Dr. Harry Parker entitled "Maturi, Maturi Southwest, Birch Lake, and Spruce Road Cu-Ni-PGE Projects, Ely, Minnesota, USA NI 43-101 Technical Report" with an effective date of January 2, 2014 has now been filed on [...]
