NioCorp Developments Ltd (NB) Noticias

Here we go, new 52 week high

52 week
LOW 1.2700
High 3.6629
Down from ($3.99)

Soon to be $2.90
Time to test
jmo

Antler- did you check behind the bernice bush? maybe it's like groundhog day when he sees his shadow then we can start.... until then reset the '6-9 month clock' grab another beer and hibernate until the next PR which should come anytime this quarter or next quarter or the one after that....... zzzzzzzzzzzzzzz
NCT

Pretty sure thats anther "we plan to...."

once we have the money. We are working on raising that now.

Ok fine. If not April then May.

I drove by the mine site today and didn't see any drilling equipment. 

Pentagon Terminates $5.1 Billion Worth of Consulting and IT Contracts

NOTE :Paid link

https://link.theepochtimes.com/mkt_app/us/pentagon-terminates-5-1-billion-worth-of-consulting-and-it-contracts-5840279?utm_medium=app&c=share_pos3&pid=iOS_app_share&utm_source=iOS_app_share

Highlight of DoD actions in redirecting this money:

“It aims to invest in key areas such as “hypersonic weapons development, AI-powered systems for enhanced battlefield awareness, and strengthening the domestic military industrial base.”

“Hegseth has also directed military officials to identify $50 billion in potential cuts from the former Biden administration’s fiscal year 2026 budget “that could be realigned from low-impact and low-priority Biden-legacy programs” and redirect them toward Trump’s defense priorities.”

They must think they have a source of money coming soon? Calling for drilling on site in early April (though it isn't early April anymore and nothing is on site yet), coupled with Mark's timeline for a new FS by the end of the third quarter certainly points in that direction.

Thanks for posting, it's been ages since I checked that site.

That's the least of their issues. Trust me. I hope they get it together. They had big issues before the bankruptcy ever hit the news

Why is it that one of all you are this board give a rats ass about asking what the price of the FS is going to be. let's start with that, then see why we can't raise this paltry amount privately
GHEESCH

March 12, 2025 "Drill Baby Drill"
RECEIVED
MAR 1 7 2025
NE Dept of Environment and Energy
By: DEE#182
David L. Miesbach, P.G.
Groundwater Sectiori Supervisor
Nebraska Department of Environment and Energy
P.0. Box 98922
Lincoln, Nebraska 68509-8922
RE: Mineral Exploration Permit NEO211001, Part 111A
Notification of Drilling Commencement
Dear Mr. Miesbach:
Elk Creek Resources Corporation is planning a diamond drilling program at our project site near
Elk Creek, Nebraska this spring. The program will consist of an estimated 9 holes to further define
the Elk Creek Project's mineral resource and mineral reserve, along with ari additional 2 holes to
provide additional geotechnical characterization of the carbonatite rock mass. The total amount
of drilling is estimated to be 9,000 meters. We plan to mobilize two drill rigs to the project site in
early April and expect the drilling program to last 12 to 16 weeks.
As with prior programs, on-site management of the dri.lling will be conducted by a team of
geologists from Dahrouge Geological Corisulting USA Ltd. as well as staff from Elk Creek
Resources Corporation.
We look forward to working with your staff and yourself on this project. Please let me know if you
need any additional information.
Regards,
!'.'ch""iy, i:, a,(77'r'J5y
Scott Honan
President
Elk Creek Resources Corp.
C: Daniel Kroll - NDEE
Trevor Mills, Jackson Barrier - Dahrouge
NASDAQ.-NB
7000 South Yosemite, Suite 115, Centennial, CO 80112
Tel: 720.334.7066 www.NioCorp.corn

On the NDEE website......Facility 97622
NEBR,',SK,'
Good Life. Great Resources.
DEPT. OF ENV!RONMENT AND ENER(JY
March 12, 2025
Mr. Scott Honan, President
Elk Creek Resources, Corp.
7000 So'uth Yosemi.te, Ste 115
Centennial, Colorado 80112
Re: Mineral Exploration Permit NEO21 1001
Dear Scott:
Thank you for notifying the Nebraska Department of Eiwironrnent axid Energy
(NDEE) o'f the upcoming drilliiig program at flie site near Elk Creek, You will be
operating under the con.ditions of the current perxnit which is not due to expire until April
29, 2026. If )/011 would like to continue exploration activi'ties affer this date, you will
rxeed to 'file a new pennit application at least one hundred eighty (180) days prior to its
expiration date,
'Upon N'DEE review of tiie current pern"iit, a clerical error on tlie part of the NDEE
was identified. On. the signature page in the Legal Description colun'i.n the Range is
identified as West, not East. In tlie body of tlie permit the legal is correct. I just need you
to acktiowledge tliat tlie Range should be East, not West. A simple email acknowledging
the error wi'll su'ffice, If you clioose to renew this permit, the correction will be made at
that time.
If yo'u have any oth.er questions regarding your permit, please feel free to contact
me at (402) 471-4982, david.miesbach@ney,
Sii'icerel
David L. Miesbach, I)G
Section Supervisor
Drinking Water & Groundwater Division
'Nebraska Department of Environment and Energy
Copy: Daniel Kroll, NDEE
Department of Fasvironment and Energy
P.0 [lox 98€)22

If you’re talking about Zachry Group, they screwed up for taking on the Golden Pass LNG project. They’ll come out of the reorganization and be okay.

They may have been great at one time. They have fallen from grace. They have been around for a long time. Thay have a lot of issues currently. If we have to stick with them I hope they figure it out.

No no no...Only red..... I think the warrant seller are satisfied 

Who is the shitty EPC that you’re referring to? They all have a long history with mining that I can find.

It appears we are still on the 4-5 year plan with a shitty tentative EPC. Since a couple of their current projects are over a year behind with massive quality issues, even the 4-5 year plan does not look realistic. That doesn't matter though, as long as we get Our timeline irrelevant to the current presidential term, and our products are irrelevant to the current trade/mineral war with that timeline.

I suppose someone could throw money at the project and bring in an actual really great contractor and lots of good skilled labor and construction project management and supply chain gurus. That would be the "money is no object get it done NOW" scenario. Everyone man and company has their price. That is not likely though.

We are far away from anything,,,,, like production
Zero fantasy from that point 

https://www.reuters.com/markets/commodities/chinas-rare-earth-exports-grind-halt-trade-war-controls-bite-2025-04-11/

yes its probably dog shit.

How cool! I wonder how the AI bot would describe NioCorp management?? Let’s just say the words-phrases would look like this: Losers, greedy, pathetic, D.C insider joke, marks bitches, non transparent…I’m sure Chat-GPT would have a heyday when you put in NIOCORP’s salaries lol. let’s just say the internet might blow up and say WTF this is what these losers make a year??
Quick question, when management says FS will take 6-9 months does that mean over 2 years??
Ohh, still waiting from management for justification on salaries the past 5 years??

https://www1.salary.com/NIOCORP-DEVELOPMENTS-LTD-Executive-Salaries.html

It appears that the updated FS for the Elk Creek mine has been trivialized here on iHub

I can’t disagree with you except for the fact that we have been told by the company for the longest time how easy things are. For instance the commercial scale plant results and the feasibility study was supposed to be updated as they went along while the plant was operating.
And that was two years ago.

So it is the company that is making it sound trivial to shareholder.

And that’s just one example of many many many

It’s like they’re just throwing shit against the wall and opening some of it sticks. And that is costing us shareholders dearly.

Criminal

I attack them not, they put out lies, it is that simple......
Time line after timelines When was stellantis expected to act?They don't, so other excuses are on the table. 
Even Exim process was not clear describe by the company 
10 mio scandium production are not are free to use present as some have been told... 

“We give management a hard time about this process because they are not meeting their own timelines.” There is a difference between holding management accountable and personally attacking and insulting them at every turn…

First, you quoting AI as if it's fact is irresponsible, especially since you weren't stating that it's AI. This is exactly why this type of technology is so dangerous. People passing this crap off as if it's their own original thought serves no purpose other than to make us even lazier and stupider as a species.

I understand that the addition of REEs and railveyor necessitate a new feasibility study. I understand that this is an expensive and time-consuming process.

We give management a hard time about this process because they are not meeting their own timelines. This is not due to the complexity of the process but because of Mark's inability to raise money for it plain and simple.

Due to lack of funds this FS has been 6 to 9 months away for over 2 years now. At the end of September Mark will have missed another one of his own timelines.

It appears that the updated FS for the Elk Creek mine has been trivialized here on iHub and none of you can understand why it is not done yet. The updated FS is non-trivial, time consuming, expensive and as the AI layed out is much more complex to accomplish than any of you are giving NioCorp Management credit for…

You should not state that as a fact. It did not come from the company but from made up AI bull crap

I would expect that magnet recycling and mine to magnet would be DoD funded and that no additional FS would be needed.

..... So a other FS is planned 202x......My goddess 

The updated FS will include REEs and the processing of REEs but will NOT include the magnet recycling or the mine to magnet piece.

I'm smelling something behind the bush soon.

NC, I agree. Billionaire BOD's IMO should, unless they are certain funding to complete the FS is "imminent" from either the DOD, DOE or EXIM, they should seriously consider loaning the money to get the FS done and fast track EXIM approval. Just plain common and good business sense and in their own best interest as a large shareholder.

Daniel- not sure how much of that i retaines, and pretty sure i need a drink after reading that entire download, but i did catch the part where you said that REE's wouldn't be included in the FS!! WTH.... we waited 3 yrs. and we're not going to get any REE inclusion?? no REE love? huh? incredibly lame... if you are right....
NCT

It's useless generative A.I. bullshit. Text barf.

Colorado legalized recreational use of cannabis in 2014……..coincidence 🤔🤔🤔🤔

I was gonna build a mine, but then I got high……and then I got high…..and then I got scammed into a terrible SPAC (scam) deal…..and then I got high……dadda, da, da, da..,,,

I agree with ya. I Usually send an email once a month…You know the job that our fu king loser Jim Sims should have been doing for a decade? WTF, Niocorp hires a D.C insider who blows at his only skill set?? You cannot make this shit up…. lol


Again, look at these salaries we pay these losers lol 😂
https://www1.salary.com/NIOCORP-DEVELOPMENTS-LTD-Executive-Salar

That sample of scandium sure looks familiar.

Must be out of a mineral library somewhere.

https://magazine.cim.org/en/news/2025/china-introduces-export-restrictions-on-some-rare-earths-en/

WTF

Can’t you just tell us something in five sentences?

I read the whole damn thing and have no idea what you’re trying to relay to us.

And it’s not even in reply to anybody, but it looks like you are answering someone’s post.

Throw a dog a bone. Geeez

You can’t always get what you want….but if you try sometimes, you might find, you get what you need…

You’ve asked me to redo the analysis of why an updated Feasibility Study (FS) for NioCorp’s Elk Creek Critical Minerals Project takes so long and is so expensive, with the clarification that this updated FS will not include the “mine to magnet” piece—meaning it excludes the downstream processing of rare earth elements (REE) into magnets (e.g., neodymium or dysprosium for industrial use). This shifts the scope from the previous assumption, where I included REE integration as a factor. The updated FS will focus on the core mining and primary processing of niobium, scandium, and titanium, as per the 2017/2019 FS, with necessary updates to reflect 2025 conditions. Let’s reanalyze why this still takes significant time and money, aligning with your earlier note that a detailed FS requires formal engineering, achieves 10-15% accuracy, and costs ½-1½% of the total project cost.
Revised Background
The 2017 FS (updated April 2019) for Elk Creek estimated a $1.007 billion capex (now ~$1.2 billion with inflation), a pre-tax NPV of $2.57 billion, and an IRR of 25.8%, focusing on underground mining and processing of niobium (ferroalloys), scandium (aluminum alloys), and titanium (pigments). Excluding “mine to magnet” means no downstream REE magnet production (a post-2019 exploration), but the FS might still extract REE as byproducts for sale as oxides or concentrates—consistent with NioCorp’s 2023 Stellantis deal intent—without adding complex magnet-making facilities. An updated FS is likely driven by the Critical Minerals EO (April 9, 2025, priority status) and EXIM’s $800 million financing needs. Here’s why it’s still lengthy and costly:
1. Core Project Complexity
* Scope: Elk Creek remains a $1.2 billion underground mine, 500+ feet deep, extracting three critical minerals across a 38-year life. Even without magnet processing, it involves:
* Mining: A 3,500-foot shaft, tunnels, and ore extraction systems.
* Processing: Hydrometallurgical plants for niobium, scandium, and titanium separation, plus tailings management.
* Infrastructure: Power, water, roads, and waste storage for a remote Nebraska site.
* Engineering Effort: Updating the 2019 FS requires:
* Re-assessing geotechnical stability with six years of new data.
* Revising plant designs for efficiency or 2025 tech (e.g., energy-saving equipment).
* Confirming byproduct REE extraction (e.g., as oxides) without downstream magnet steps.
* Time: Detailed engineering—hundreds of drawings, simulations, and specs—takes 12-15 months for a multi-metal mine, even without REE magnets. Teams of geologists, engineers, and metallurgists work in parallel but need sequential validation.
* Cost: At ½-1½% of $1.2 billion, the FS costs $6-18 million. Engineering alone (e.g., Ausenco, past NioCorp partner) runs $3-6 million, plus $1-3 million for site studies—less than with magnets, but still substantial.
2. Economic and Regulatory Updates
* Cost Inflation: Since 2019, mining costs have risen 20-30% (S&P Global). Steel (up 25% since 2020), labor (union rates in 2025), and equipment (tariff-impacted) push the $1.007 billion baseline to $1.2 billion. Updating requires:
* New vendor bids for 2025 pricing.
* Revised opex (e.g., $15/kg niobium vs. $12/kg in 2019).
* Regulatory Shifts: Permits are secured, but 2025 standards (e.g., EPA tailings rules, Nebraska water regs) demand re-verification of environmental plans—especially tailings, a big cost driver.
* Time: Economic modeling (NPV, IRR) with 2025 commodity prices (niobium ~$50/kg, scandium ~$1,500/kg) and regulatory checks take 3-6 months, overlapping with engineering.
* Cost: Consultants for economics ($1-2 million) and environmental compliance ($1-3 million) add up, though skipping magnet facilities trims some process design costs.
3. Financing-Driven Precision
* Lender Needs: EXIM ($800 million) and private investors ($400 million) require a “bankable” FS with 10-15% accuracy. The 2019 FS is outdated—costs, prices, and tech have shifted. Without magnet production, the focus stays on:
* Validating reserves: Niobium (36,000 tonnes), scandium (943 tonnes), titanium (266,000 tonnes) via recent drilling (e.g., 2021 assays).
* De-risking capex/opex for primary processing.
* Resource Work: Updating reserves involves core sampling, lab assays, and NI 43-101 reporting—6-9 months of fieldwork, less complex without REE magnet flowsheets but still rigorous.
* Time: Drilling and analysis (6-9 months) plus financial integration (3-6 months) push the timeline to 12-15 months, even streamlined.
* Cost: Drilling ($2-3 million), assays ($0.5-1 million), and compliance ($1-2 million) total $3-6 million—lower than with REE magnets, but not cheap.
4. Technical Refinement
* Processing Updates: Without “mine to magnet,” the FS skips REE magnet separation (e.g., sintering, alloying), but still refines niobium/scandium/titanium flowsheets. Post-2019 tech advances (e.g., cleaner hydromet processes) or byproduct REE oxide extraction (per Stellantis interest) need testing.
* Market Inputs: Prices and demand (e.g., niobium for steel, scandium for aerospace) require 2025 forecasts, simpler without magnet-grade REE but still detailed for a 38-year horizon.
* Time: Metallurgical tweaks and market analysis add 3-6 months, keeping the total at 12-15 months.
* Cost: Testing ($1-2 million) and market studies ($0.5-1 million) are leaner without magnets, but still contribute to the $6-18 million range.
Why So Long and Expensive (Revised)?
* Duration (12-15 Months):
* Drilling/resource updates: 6-9 months.
* Engineering (mining, processing): 9-12 months (overlapping).
* Economic/regulatory refresh: 3-6 months.
* Coordination delays sequential steps, but skipping magnets shaves ~3 months off the 18-month max from my prior analysis.
* Cost ($6-15 Million): At ½-1½% of $1.2 billion, adjusted down slightly:
* Engineering/design: $3-6 million.
* Drilling/testing: $2-4 million.
* Consultants (economic, environmental): $1-5 million.
* Excluding REE magnet facilities drops costs from $18 million ceiling to ~$15 million max, but 10-15% accuracy keeps expenses high.
NioCorp’s 2025 Context
* EO Pressure: The April 9 priority tag and April 19 financing milestone (plus June 14 hint) push for speed, but a detailed FS can’t shortcut below 12 months without risking EXIM rejection. A PEA (~6 months, $1-2 million) might bridge the gap, but lenders want the full FS.
* Cost Savings: No “mine to magnet” reduces complexity—e.g., no $2-3 million magnet pilot plant—lowering the upper cost bound, but core mining/processing still demands rigor.
Conclusion
An updated FS for Elk Creek, sans “mine to magnet,” takes 12-15 months and costs $6-15 million due to its multi-metal scope, 2025 cost/regulatory updates, lender precision needs, and technical refinements. It’s faster and cheaper than an REE-inclusive FS (18 months, $18 million), but the scale, depth, and stakes keep it a hefty lift.

Developments today with the supposed rare earth deal and agreement with Ukraine that is now in serious jeopardy and may not happen.

Greeting All , I reached out to my senator today about the Chinese rare earth situation i’m not sure what good it will do, but I would suggest we all reach out to our government officials and express are concerned with the CCP monopoly, Niocorp could play a vital role,on the rare earth stage

You asked before how many shares USAR has outstanding.

Scroll way down
https://money.tmx.com/en/quote/USAR:US

Bernice - Is there anything behind the Bush? or under the bush or around the bush...
I sense [smell] competitive financial loan tension here!!! ....ANY DAY/MONTH/QUARTER/YEAR/YEAR now...... be patient people... Orange man is on the switch :D ..... hopefully EXIM phase 2 will wrap and phase 3 will commence soon..... looking back it just infuriates me that we could not have had some of the SPAC sharks that got globs of equity in Niocorp- cuz that is what raider/sharks do....... but they could not even pony up a rounding error amount ( say $15M in a no interest loan- to finish the the FS to-be-paid back when we get main debt financing) this would have GREATLY helped the cause of the company....they know this...... but hey- it is very hard (as we have witnessed)- to get Drexhell Burnham/Milken/Keating/Boesky- junk bond disciples to reach into their deep italian suit lined pockets to help the cause...... pathetic indeed. Pretty sure most would agree.......

But here we are on the gubmint cheeze alter... with hat in hand and jumping thru all of the bureacratic hoops and never-ending timelines..... you would think that with the dire urgency in the CE/REE sector witnessed by the 3 alarm fire criticality of the latest geopolitical developments ( i.e.,china's embargo on UBER CRITICAL Rare Earths/CE's) that Niocorp would be in the limelight, on the news, being featured for it's state of the art, ESG compliant, full service (mining, separating & processing ON SITE) features!! But nope, we aren't even mentioned in articles with other schleppps that are tin panning while throwing back Jack Daniels ( a metaphor comparing our Lamborghini mine with some of these other mines that don't even compare to Niocorp's asset)..... It sure is frustrating......."meanwhile, have another beer" and reset the 9 month clock..... cuz we are dealing with Gekko type SPAC'le debacle sharks and gubmint beauracrats who are in no hurry to come into the office and look on their desk and see the NB Application paperwork that has been sitting there for 6 months....... Well hopefully with the replacement of EXIM executive manglement and the latest emergency declarations, we can get some inertia and movement in that gub'mint agency!! Don't you just love being at the mercy of the Gubmint!! ARGH and ...... YEEEEEE FRICKIN'HAWWWWWWWWW and of course Yaddddddddddddd!!

NCT- Don't get me started..... :) :)

Construction could begin next year.

https://nebraskapublicmedia.org/en/news/news-articles/elk-creek-niobium-mine-could-be-operational-by-late-2016/

We really need a management team and BOD that we can trust. The numerous, delays, missed timelines, mistakes and failures for the past decade have severely tarnished the reputation of this management team have severely tarnished their credibility and the BOD has not been effective.

Timelines.........
When was the first so called production start???? 

March 20, 2025, EO titled "Immediate Measures to Increase American Mineral Production") partial timeline:
* April 9, 2025: Priority projects identified and permits expedited.
* April 19, 2025: Federal land sites identified and financing support coordinated.

Financing Support: This is the big one for NioCorp. The company needs $1.2 billion total—$800 million from EXIM and $400 million private—to break ground. On April 19, coordinated financing could mean:
EXIM Acceleration: If priority status from April 9 pushes EXIM’s TRC-2 (ongoing since February 2025 with RPMGlobal’s technical review) to completion, April 19 could see a term sheet finalized or TRC-3 initiated. The EO’s emphasis might also raise the loan ceiling or ease terms.

DoD Funding: NioCorp’s in talks for a $10 million Department of Defense grant (per March 21, 2025, statements). April 19 could lock this in, covering early costs like drilling samples for EXIM, boosting investor confidence.

Private Investment: Federal coordination could attract private equity or partners (e.g., Stellantis, tied to a 2023 rare earth deal). A cleaner balance sheet (after clearing $8 million debt in February 2025) and EO backing might draw the $400 million needed by April 19 or soon after.

Timeline Shift: Construction, estimated at 3 years once funded, could start by late 2025 if financing aligns by April 19, targeting production by 2028—earlier than NioCorp’s vague “years away” projection without this EO.

Amen to that….

I see Nioturd still trading at 20 cents pre split and that’s on top of share holders at that time being virtually wiped out…

Right
Blame the man in the mirror 

Sensibility is not a strong point. Also, this won't be in production by the end of his term. Im not sure it fits in with the ego. While I agree with you logically, im not sure minerals out of this mine in 4 or 5 years matters to anyone right now, and I'm not getting my hopes up.

It would be a huge embarrassment to ride in on a couple big news releases on this concept and be ignored. It also would not be the first huge embarrassment.

Someday, I really do want to be wrong.

Trump has to put his money where his mouth is, soon, don’t you think?

There is no way, as to the way things are happening, he doesn’t give our Critical Mineral and REE’s mine the nod.

There is no other more sensible option.