Poly Met Mining Corp. , shares the following statement issued today by NewRange Copper Nickel LLC regarding the revocation of NorthMet's Clean Water Act section 404 permit by the U.S. Army Corps of Engineers: "Today's decision by the U.S. Army Corps of Engineers is reversal of thoroughly reviewed water quality data that has been collected and [...]
PolyMet Mining Corp. , announces its NewRange Copper Nickel joint venture has commenced work at NorthMet to ready the site for construction when the clean energy minerals project is approved. Estimated to cost US$18M, the work program focuses on preparing the plant site for construction by removing and salvaging steel and other material from the [...]
PolyMet Mining Corp. today reports its financial results for the period ended March 31, 2023 and provides a business update. The company achieved three major milestones during the period: Closed on the joint venture agreement with Teck Resources Limited . Under the Joint Venture, named NewRange Copper Nickel LLC , the NorthMet and Mesaba deposits [...]
PolyMet Mining Corp. announces the successful completion of its rights offering, which expired at 5:00 p.m. on April 4, 2023. The company issued the full allotment of 92,606,635 common shares pursuant to the rights offering for gross proceeds of approximately US$195 million. The proceeds of the rights offering and standby commitment have been used [...]
PolyMet Mining Corp. today announced preliminary results that indicate successful conclusion of its approximately US$195 million rights offering following the expiration of the subscription period, at 5:00 p.m. on April 4, 2023. The company intends to use the net proceeds of the rights offering and standby commitment for: repayment of costs related [...]
PolyMet Mining Corp. , today reports it has filed its financial results for the year ended December 31, 2022 and provides a first quarter 2023 business update. During 2022 and Q1 2023, PolyMet: Entered into a joint venture agreement with Teck American Inc., a subsidiary of Teck Resources Ltd. , which closed February 14, 2023. Under the Joint [...]
PolyMet Mining Corp. has commenced its previously announced offering of rights to purchase common shares of the company to raise US$195,400,000 in gross proceeds . The Rights trade on the Toronto Stock Exchange under the symbol "POM.RT" and will cease trading on the TSX at noon on April 4, 2023. The Rights trade on the NYSE American under the [...]
PolyMet Mining Corp. today announced that it has filed a rights offering circular and rights offering notice with respect to PolyMet's previously announced offering of rights to holders of common shares of record as of the close of markets on March 10, 2023 . Pursuant to the Rights Offering, holders of Common Shares on the Record Date will receive [...]
Confirms intention to proceed with previously announced rights offering for proceeds of approximately US$200 million PolyMet holds 50% interest in NewRange Copper Nickel, owner of the NorthMet and Mesaba projects, two of the largest undeveloped clean energy mineral resources in the U.S. Partnering with Teck Resources on NewRange Copper Nickel [...]
Report reaffirms economic and technical viability of NorthMet Project PolyMet Mining Corp. - today announced the filing of an updated technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the NorthMet Project. This report reaffirms the economic and technical viability of the [...]
PolyMet Mining Corp. today announced the filing of a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects by Independent Mining Consultants, Inc. and JDS Energy & Mining Inc. on the Mesaba deposit. The Technical Report entitled "Mesaba Project Form 43-101F1 Technical Report Mineral [...]
PolyMet Mining Corp. today filed its financial results for the three and nine months ended September 30, 2022. In the recent quarter, the company continued to progress toward closing on the NewRange Copper Nickel joint venture agreement with Teck and advance the NorthMet Project through completion of litigation and regulatory processes. PolyMet and [...]
