Rainbow taps Neo to advance South African rare earths
Rainbow Rare Earths (LSE: RBW) has selected Neo Performance Materials (TSX: NEO) to help design the final separation circuit at its Phalaborwa rare earths project in South Africa, clearing the…
Financing
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access to the region’s resources, the…
Tungsten West signs £1.4B offtake from UK
Tungsten West (LSE-A: TUN) has signed a binding eight-year deal to supply U.S. tungsten producer The Elmet Group (Nasdaq: ELMT) from its Hemerdon mine in southwest England, an agreement the…
Glencore sets Oct. 14 for Australian market debut
Glencore (LSE: GLEN) expects to begin trading on the Australian Securities Exchange (ASX) on Oct. 14, tapping the country’s A$4.4-trillion (US$3.1-trillion) pension market to support its copper expansion and potential…
Higher Santa Cruz costs weigh on Ivanhoe Electric
A new prefeasibility study (PFS) shows Ivanhoe Electric’s (NYSE, TSX: IE) Santa Cruz copper project in Arizona has become more expensive to build while its economics improved modestly. The stock…
Highlander lines up $330M Corani silver project debt
Highlander Silver (TSX, NYSE-A: HSLV) has hired Paris-based Natixis Corporate & Investment Banking to lead a proposed $330-million (C$465-million) seven-year senior secured debt financing for its Corani silver project in…
Glencore to help build US minerals stockpile with $500M government financing
Swiss miner and commodities trader Glencore (LSE: GLEN) will help build a U.S. critical minerals reserve after receiving a $500 million commitment from the Export-Import Bank of the United States…
Ex-Gold Fields CEO targets $1B Africa mining fund
Former Gold Fields (JSE, NYSE: GFI) CEO Chris Griffith has joined a private equity venture seeking to raise $1 billion to invest in African critical minerals, four years after leaving…
Comment: Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting
Canada spent the first half of September answering Washington’s trade escalation dollar for dollar after the United States imposed 50% tariffs on a broad range of Canadian goods that extend…
US backs Global Atomic’s Niger uranium mine with $414M loan
Canadian uranium developer Global Atomic (TSX: GLO) has won conditional support for a $414.2 million (C$580 million) U.S. government loan to build its Dasa mine in Niger, reviving financing that…
Aura secures $200M loan for Americas growth
Aura Minerals (Nasdaq: AUGO) has secured a $200-million (C$280-million) syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works towards producing more than 600,000 gold-equivalent…
Billionaire’s buying spree stretches beyond iron ore
Gina Rinehart’s Hancock Prospecting has made a string of investments over the past year, building exposure to rare earths, copper, gallium, antimony and precious metals as Australia’s richest person broadens…