Kodiak, Teck to create Arizona copper explorer
Kodiak Copper (TSXV: KDK) is teaming up with Teck Resources (TSX: TECK.A/TECK.B; NYSE: ) to create a new listed explorer to advance two early-stage projects…
Financing
JPMorgan ups stake in Sibanye-Stillwater
JPMorgan (NYSE: JPM) has boosted its stake in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW), cementing its status as one of the South African miner’s top shareholders….
China, Ecuador sign $1.7B deal on gold project
Ecuador has signed a $1.7-billion (C$2.32-billion) mining contract with China’s CMOC Group for the Los Cangrejos project, one of the country’s largest gold deposits, a…
Barrick names North America team ahead of IPO
Barrick Mining (TSX: ABX; NYSE: B) announced on Tuesday the members of the new executive leadership team for its North American operations as the miner…
US Mint gold source tied to criminal networks in Colombia: New York Times
The United States is increasingly being drawn into the opaque supply chains of illicit mining after an investigation by The New York Times tied some…
Montana explorer Silver Bow Mining eyes $50M IPO
Montana-focused Silver Bow Mining aims to raise roughly $50 million (C$68 million) in its initial public offering Wednesday on the NYSE-American exchange. The private exploration…
Gold-copper explorer Meridian plans London listing
Explorer Meridian Mining (TSX: MNO; US-OTC: MRRDF) is planning to list on the London Stock Exchange’s main market this week as it works to advance…
US plans ‘sprints’ in uranium output, reactor builds
The U.S Department of Energy’s Office of Nuclear Energy says it wants to use the Defense Production Act of 1950, which streamlines approvals in the…
Spanish Mountain signs $55M royalty deal with Wheaton
Spanish Mountain Gold (TSX-V: SPA) has inked a $55 million (C$75 million) royalty agreement with Wheaton Precious Metals (TSX: WPM) tied to its namesake project…
Banyan Gold hits high on $46.5M capital raise
Banyan Gold (TSXV: BYN) soared to an all-time high on Monday after announcing a capital raise of $46.5 million for its flagship AurMac property in…
New Found Gold finances $205M for Queensway
New Found Gold (TSXV: NFG; US-NYSE-A: NFGC) says it has locked down $205 million in equity and debt financing for its Queensway development in Newfoundland….
Chinalco bets $1.7B on Peru mine turnaround
Aluminum Corp. of China (Chinalco) is investing about $1.7 billion to overhaul its Toromocho mine in Peru, adding molybdenum output to drive a long-awaited turnaround….