Canadian Mining Journal


Pele Mountain Resources Inc


  • News

    URANIUM: Pele Mountain sells Eco Ridge and focus on lithium

    June 5, 2017 by Canadian Mining Journal

    ONTARIO – Pele Mountain Resources of Toronto has sold its Eco Ridge uranium project near Elliot Lake and will concentrate instead on lithium. Weak uranium and rare earth prices are responsible for the decision. Pele sold the Eco Ridge claims,

  • ENERGY: The City of Elliot Lake and Pele Mountain Sign Sustainable Energy Development Agreement

    September 20, 2016 by Canadian Mining Journal

    TORONTO:  Pele Mountain Resources Inc. announced today that it has signed a Sustainable Energy Development Agreement with the City of Elliot Lake, Ontario. Under the terms of the Agreement, the Elliot Lake City Council has appointed Pele, on an exclusive basis, to

  • News

    RARE EARTHS: Pele Mountain pursuing monazite plant

    May 4, 2016 by Canadian Mining Journal

    ONTARIO – Pele Mountain Resources of Toronto still wants to build Canada’s first rare earth processing centre at its Eco Ridge site near Elliot Lake. To reflect what it says is growing international interest in the project, the company has

  • URANIUM-RARE EARTHS: Pele Mountain launches Eco Ridge Development Corp.

    December 10, 2015 by Canadian Mining Journal

    TORONTO – Pele Mountain Resources has relaunched its First Canadian Uranium subsidiary as the Eco Ridge Development Corp. ERDC will hold the uranium and rare earths properties owned by the company near Elliot Lake, ON, and the nearby proposed site

  • News

    RARE EARTHS: Pele Mountain invites Chinese to REE project

    March 31, 2015 by Canadian Mining Journal Editor

    ONTARIO – Pele Mountain Resources of Toronto has entered into a tentative deal with a Chinese company in the hopes of finally developing its Echo Ridge rare earth property in Elliot Lake. The aim is to create a joint venture to build a…

  • News

    RARE EARTHS: Pele Mountain shifts focus to monazite

    February 17, 2015 by Canadian Mining Journal Editor

    ONTARIO – After a decade of work at its Eco Ridge uranium property in Elliot Lake, Toronto’s Pele Mountain Resources is shifting its focus to the recovery of rare earths from monazite-bearing tailings. The company intends to create a low…

  • News

    MINING PEOPLE: Almaden, Integra Gold, Karnalyte Resources, and Pele Mountain

    September 25, 2014 by Canadian Mining Journal Editor

    Headquartered in Vancouver, Almaden Minerals has named Doug McDonald its VP of corporate development. His career includes investment banking, corporate mergers and acquisitions, venture capital, foreign trade and resource policy.

  • News

    MINING PEOPLE: Columbus Exploration, Pele Mountain, Rockgate, Ryan Gold, and Savary Gold

    November 28, 2013 by Canadian Mining Journal Editor

    Drew Clark is the new senior VP of Vancouver-based Columbus Exploration Corp. (formerly Columbus Silver). Previously, he was head of corporate development at Premier Royalty.

  • News

    URANIUM: Eco Ridge review raises production of REO, U3O8

    September 12, 2013 by Canadian Mining Journal Editor

    ONTARIO – Pele Mountain Resources of Toronto has updated the preliminary economic assessment of its Eco Ridge rare earths and uranium project in Elliot Lake, raising output estimates for both products. Rare earth oxides (REO) would total…

  • News

    MINERAL PROCESSING: Rare earth concentrate, yellowcake produced in bench scale tests

    October 24, 2012 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Pele Mountain Resources says that recent bench scale testing of material from its Eco Ridge project in Elliot Lake has successfully produced both a rare earth carbonate concentrate and yellowcake (U3O8). The tests…

  • News

    RARE EARTHS-URANIUM STUDY: New PEA for Eco Ridge property

    April 16, 2012 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Pele Mountain Resources has received an updated preliminary economic assessment for its Eco Ridge rare earths and uranium project at Elliot Lake. With a $2.16-billion pre-tax cash flow, a $1.02-billion net present…

  • News

    MINERAL PROCESSING: New design boosts recovery of rare earths at Eco Ridge

    November 23, 2011 by Canadian Mining Journal Editor

    ONTARIO – Pele Mountain Resources of Toronto is investigating processing changes that will boost recoveries of critical rare earth oxides (REO) at its Eco Ridge project at Elliot Lake. The company is particularly interested in maximizing…