Colorado-based NioCorp, owner of the Elk Creek critical minerals project in southeastern Nebraska, has kicked off construction for the site’s main access to the mine’s underground portion. With detailed engineering well underway and construction equipment mobilized to the site near Elk Creek, NioCorp has started work on the $44.6 million section of the project. The portal will serve as the…
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NioCorp to begin Mine Portal project at Elk Creek
Critical minerals developer NioCorp Developments Ltd. said its board of directors has approved the company’s Mine Portal project, a major initiative to advance the Elk Creek critical minerals project in Nebraska. The Mine Portal project will establish the main entrances to the Elk Creek underground mine and will serve as the primary access point for personnel, equipment and materials. The…
Read MoreNioCorp completes land acquisition for Elk Creek project
NioCorp Developments has completed the acquisition of additional land in Johnson County, Neb., associated with its Elk Creek critical minerals project. The company now owns a full square mile of land in Nebraska where it plans to site both its underground mine and its integrated surface processing facility. “We now have all surface and mineral rights necessary to begin construction…
Read MoreElk Creek exploratory drilling completed
NioCorp Developments announced that a Pentagon-funded exploratory drilling program at its Elk Creek critical minerals project in southeast Nebraska has been completed. The drilling program was designed to support converting a portion of the company’s current Indicated Resources into Measured Resources and the subsequent conversion of a portion of its current Probable Mineral Reserves into Proven Mineral Reserves. The effort…
Read MoreDoD awards Elk Creek multi-million dollar investment
Elk Creek Resources, a subsidiary of NioCorp Developments, has been awarded up to $10 million, subject to the achievement of certain milestones, from the U.S. Department of Defense to support the establishment of a domestic scandium mine-to-manufacture supply chain via the Elk Creek critical minerals project in southeast Nebraska. The investment by the DoD aligns with President Trump’s March 20,…
Read MoreRare earth revolution
A coal miner turned rare earth behemoth? It’s no exaggeration. Ramaco Resources, with a pocket full of productive and safe coal operations in Appalachia, took a chance on a Wyoming property that may ultimately produce an enormous payday for Ramaco, as a result of an enormous rare earth find beneath the surface. NAM talks to Ramaco’s Chairman, CEO and Founder…
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