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Graphite mine needs investors

from North Bay Nipissing News

It's been four months since residents watched yellow Caterpillar equipment drive out of the Kearney graphite mine site, but there still isn't a firm answer on when it will be back. Ontario Graphite decided to defer the lease on the construction equipment to save money while capital is raised for the project. And that fundraising is still underway. "We're still in the phase of trying to raise capital," Tom Burkett, CEO of Ontario Graphite, says. more


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