Gold miner sues BC over ‘stripped’ mining rights
MCC Canadian Gold Ventures says it has launched a multi-million dollar lawsuit against the British Columbia government after the province stripped MCGV of its mining…
Financing
Gladiator raises $35M from BlackRock-led placement to fund Yukon drilling
Copper explorer Gladiator Metals (TSXV: GLAD; US-OTC: GDTRF) has raised more than $35 million (US$24.7 million) through a private placement led by BlackRock to fund…
BHP takes $2.3B hit on Jansen potash mine as cost forecast swells again
BHP Group (ASX, NYSE, LSE: BHP) plans to record a $2.3-billion (C$3.25-billion) impairment charge on its giant Jansen potash mine in Saskatchewan due to cost…
Energy Fuels lands $725M Pentagon loan for rare earths
Energy Fuels (NYSE: UUUU; TSX: EFR) shares jumped on Thursday after the U.S. Department of Defense announced a conditional loan commitment of up to $725…
BHP to sell $1.5B Chile power lines in copper-first pivot
Mining giant BHP (ASX: BHP) is preparing to sell about $1.5 billion worth of power transmission assets in Chile as the world’s largest miner sharpens…
Canada offers Italy priority access to critical minerals
Prime Minister Mark Carney has offered Italy priority access to Canada’s critical mineral reserves as the two countries expanded cooperation on supply chains, defence and…
Poland bets on copper boom as Lumina eyes new mines
Poland could more than double its copper production through planned mines by Canada’s Lumina Metals (TSX: LMCU), bolstering the country’s ambitions to become a leading…
Baffinland gets $110M loan, court-approved extension
Canada’s Baffinland Iron Mines has been given a financial lifeline and additional time to stabilize operations while the struggling private company restructures under creditor protection….
Glencore to resume emissions work at Quebec smelter
Glencore (LSE: GLEN) said it’s resuming work on emissions-reduction projects at its Horne Smelter in Quebec after the provincial government passed a new law giving…
Eldorado nears $100M bet on Amex as Perron advances
Mid-tier producer Eldorado Gold (TSX: ELD; NYSE: EGO) is set to inject $20.6 million in Quebec-focused Amex Exploration (TSXV: AMX; US-OTC: AMXEF) to maintain its 27%…
GoGold approved to build $227M mine in Mexico
GoGold Resources (TSX: GGD) has received federal approval in Mexico to begin construction of its $227 million (C$316 million) Los Ricos South (LRS) underground mine…
USA Rare Earth finalizes $1.6B with Commerce Dept
USA Rare Earth (Nasdaq: USAR) announced on Wednesday that it has executed definitive agreements with the U.S. Department of Commerce to unlock nearly $1.6 billion…