Northern Graphite buying two mines, to be third largest producer outside China

Mining News Pro - Northern Graphite is spending $55 million to acquire two graphite producers and help fund development of its Bissett Creek graphite project. The company is purchasing the Lac des Iles mine and mill in Quebec and all the outstanding shares of Imerys Group, which owns the idled Okanjande project in Namibia.

Northern Graphite secures financing on Bissett Creek project

Mining News Pro - Northern Graphite announced that it will sell a 1% gross revenue royalty on its Bissett Creek project to Electric Royalties for $500,000 in cash and 2 million common shares of ERL.

Northern Graphite to increase Bissett Creek’s production by 20%

Mining News Pro - Northern Graphite announced that it is considering increasing annual concentrate production by at least 20 per cent at its Bissett Creek graphite project between Ottawa and North Bay, eastern Canada.

Northern Graphite tweaks Bissett Creek numbers

Mining News Pro - Northern Graphite (CVE: NGC) of Ottawa has taken a closer look and updated some parameters for its Bissett Creek graphite project between Ottawa and North Bay. The updates were done by G Mining Services.

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