Nouveau Monde raises $297M as Italy’s Eni takes stake
Nouveau Monde Graphite (NYSE: NMG; TSX: NOU) is raising $297 million (C$413 million) in a transaction that will see Italian energy giant Eni buy a 12% stake to help the Canadian…
Articles by FREDERIC TOMESCO
G Mining to buy G2 Goldfields for $3B in Guyana play
Canadian miner G Mining Ventures (TSX: GMIN; US-OTC: GMINF) agreed to buy G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) in a $3 billion (US$2.2 billion) all-share deal that would bring two…
Rock Tech Lithium attracts $200M investment in Ontario processing plant
Canadian property developer BMI Group agreed to invest $200 million (US$144 million) in Rock Tech Lithium’s (TSX-V: RCK) proposed processing facility in northern Ontario – a key step toward building…
Revival sees growth potential at Utah gold mine
Revival Gold (TSXV: RVG; US-OTC: RVLGF) said final assays from its 2025 drill program at the past-producing Mercur gold project in Utah underscore the deposit’s expansion potential. Highlight hole RMC25-031…
Versamet Royalties buys $360M gold stream on Skeena’s Eskay Creek in BC
Versamet Royalties (TSX-V: VMET) agreed to buy a cornerstone gold stream on Skeena Resources’ (TSX: SKE; NYSE: SKE) Eskay Creek project in British Columbia in a $360-million (C$500-million) transaction that represents…
Vizsla drilling extends Poplar copper system in B.C.
Vizsla Copper (TSXV: VCU; US-OTC: VCUFF) said new drilling at the Poplar copper-molybdenum project in central British Columbia has extended the porphyry system’s footprint by 200 metres to the north….
First Majestic eyes late 2027 restart for Jerritt Canyon
First Majestic Silver (TSX: FR; NYSE: AG) unveiled plans to restart its past-producing Jerritt Canyon gold mine in Nevada by the end of next year to take advantage of elevated prices…
New F3 Uranium assays lift Saskatchewan project’s ‘credibility’: analyst
New drilling by F3 Uranium (TSXV: FUU) at the company’s Broach property in northern Saskatchewan’s Athabasca Basin produced several high-grade hits. Hole PLN25-219A in the Tetra zone cut 13 metres…
OceanaGold finds high-grade gold in New Zealand
OceanaGold (TSX: OGC; US-OTC: OCANF) said recent drilling at its Wharekirauponga deposit in New Zealand points to a new high-grade zone emerging outside current reserves. Highlight hole WKP144A cut 5.4…
Glencore seeks Canada funding for copper smelter
Glencore (LSE: GLEN) said it’s seeking Canadian government funding to modernize its copper processing plants in Quebec – including the century-old Horne smelter and a sister refinery in Montreal. The…
Canada key as Vale plans base metals profit surge
Vale‘s (NYSE: VALE) base metals business could generate more than one-third of the Brazilian mining group’s pretax profit over the coming decade as production climbs and efficiencies kick in, executives…
Quebec may delay Horne smelter emissions targets
Quebec has opened the door to giving Glencore (LSE: GLEN) more time to ensure that its Horne copper smelter — the only one of its kind in Canada — complies…