BC exploration spending sets record on copper appetite
Exploration spending in British Columbia set a new record last year as junior miners turned on the tap amid sustained appetite for copper projects. Exploration…
Financing
‘Myopic’ World Bank must shift to critical minerals from climate change, Bessent says
The U.S. government is pressing the world’s top development lenders to pivot towards funding critical minerals projects in an effort to bolster a supply chain…
US backs firms for first gallium in 40 years
The U.S. Department of Energy is funding five companies to help establish a domestic supply chain for gallium, a critical material for the defence and…
DRC boosts US copper sales fivefold to 500,000 tonnes
The Democratic Republic of Congo has raised planned copper sales to the United States to 500,000 tonnes through a state-backed marketing venture, marking a fivefold…
Giant battery maker CATL sets $4.4B to expand mining
Contemporary Amperex Technology (CATL), one of the world’s largest battery makers, has earmarked $4.4 billion to push deeper into mining amid a global energy shock…
Hancock, Rio Tinto ordered to pay Hope Downs royalties to ex-partners
Australian billionaire Gina Rinehart’s Hancock Prospecting and partner Rio Tinto (LSE, NYSE, ASX: RIO) must pay millions of dollars in past and future royalties after…
Canadian Copper secures up to $96M to develop New Brunswick complex
Canadian Copper (CSE: CCI) has secured up to $96 million to more than cover initial capital costs for the Murray Brook project in New Brunswick…
Aura OKs Guatemala gold build with higher capex
Aura Minerals (Nasdaq: AUGO) is proceeding to build its Era Dorada project in Guatemala, marking an expansion into Central America, after increasing a capital cost…
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%…
Huge lithium deposit due on Nasdaq after $571M deal
A company holding one of the largest U.S. lithium development assets that’s already part of the government’s FAST-41 speedy permits stream is set to list…
NioCorp nears Elk Creek full $1.1B financing
NioCorp Developments (Nasdaq: NB) says it has signed up commodity trader Traxys to buy and market the remaining planned output from Elk Creek, moving closer…
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 –…