Industrial Minerals


Bissett Creek graphite boost

11 March 2010

by IM prices reporter

Stronger prices rekindle interest in Bissett Creek as Northern Graphite raises $1.44m.

Keywords: Graphite, Bissett Creek, Northern Graphite, Industrial Minerals Inc.

Northern Graphite Corp, formerly Industrial Minerals Canada Inc., has boosted its plans to develop the Bissett Creek graphite deposit after raising  C$1.47m. ($1.44m.) from a private placement.

Gregory Bowes, chief of the Industrial Minerals Inc. subsidiary said: “The company is in a much stronger financial position...