BHP starts $5B upgrade at world’s largest copper mine
BHP (ASX, NYSE, LSE: BHP) has kicked off the environmental permitting process for a new concentrator at its giant Escondida copper mine in Chile, a project valued around $5 billion…
Financing
Silver X raises C$69M in private placement
Silver X Mining (TSXV: AGX) has closed a convertible debenture financing of C$69 million to support its projects based in Peru. Under a brokered private placement, the Canadian silver miner…
Freeport seeks permit for $7.5B Chile copper expansion
U.S. miner Freeport-McMoRan (NYSE: FCX) has begun the environmental permitting process for a $7.5-billion expansion of its majority-owned El Abra copper mine in Chile. The project, owned 51% by Freeport…
Ontario funds up to $215K per early-stage project
Ontario is backing 68 early-stage exploration projects in new awards under a government funding program. The financing, delivered through the Ontario Junior Exploration Program (OJEP), will cover up to half…
Congo to OK first mine sale in US deal
The Democratic Republic of Congo (DRC) is reportedly ready to approve the sale of Chemaf to U.S.-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation…
Nouveau Monde Graphite scores $460M funding deal
Nouveau Monde Graphite (NYSE: NMG, TSX: NOU) has secured almost enough financing for the next stage of its Matawinie project, which Ottawa has already referred to its Major Projects Office…
Orion’s largest fundraising lifts total past $9B
Orion Resource Partners has completed the final close of its Mine Finance Fund IV at $2.2 billion, representing its biggest fundraising to date. Pension funds, sovereign wealth funds and other…
US launches $500M boost to mineral processing
The U.S. Department of Energy (DOE) plans to provide up to $500 million in funding to expand domestic critical minerals processing and battery materials manufacturing and recycling, as Washington seeks…
Centaurus inks Glencore deal for Jaguar nickel output
Centaurus Metals (ASX: CTM) has moved closer to a final investment decision on its Jaguar nickel project in Brazil after Glencore (LSE: GLEN) signed a binding five-year offtake agreement that…
US pours $1B into Latin America critical minerals
The United States has poured more than $1 billion into critical minerals investments across Latin America since January 2025, signalling a more assertive effort by Washington to secure supplies of…
Mongolia presses Rio Tinto for bigger Oyu Tolgoi cut
Mongolia is demanding earlier profit payments and a larger share of revenue from the massive Oyu Tolgoi copper mine it co-owns with Rio Tinto (ASX: RIO), reopening negotiations over the…
First Nations say equity key to faster approvals
Indigenous ownership in major mining and other resource projects could help accelerate permitting timelines in Canada while improving economic outcomes for First Nations, according to a national group. The First…