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 in funding under a CHIPS…
Financing
Gold bug Sprott invests $25M in hydrogen
MAX Power Mining (CSE: MAXX; US-OTC: MAXXF) has secured a $25-million investment from Eric Sprott to advance commercial evaluation of its Lawson hydrogen discovery in Saskatchewan, marking one of the…
Deep Sea Minerals to list on Nasdaq
Deep Sea Minerals (CSE: SEAS; US-OTC: DSEAF) said it intends to list on Nasdaq exchange as part of its long-term growth strategy to secure a more diversified investor base. The…
Alamos greenlights Copperstone gold mine in Arizona
Minera Alamos (TSXV: MAI) said it will proceed with construction of the past-producing Copperstone underground gold mine in Arizona, a $58 million (C$80 million) investment that the company says will…
Quad nations unveil $20B critical minerals plan
The Quad partner nations — United States, Japan, Australia and India — have released plans to invest $20 billion to further support the buildout of a reliable critical minerals supply…
New South Wales government approves $497M Copi critical minerals project
Australia’s New South Wales state has approved RZ Resources’ A$693 million ($497 million) Copi mineral sands mine project, which is expected to produce up to 400,000 tonnes of critical mineral…
China’s grip on lithium to hit 39% by 2030: WoodMac
Chinese companies are on track to control 39% of global lithium production by 2030 as they deepen investments across Africa, Australia and South America, tightening Beijing’s influence over battery supply…
Perpetua gets $2.9B loan for gold-antimony project
Perpetua Resources (TSX, Nasdaq: PPTA) said the Export-Import Bank of the United States’ (EXIM) board unanimously approved a $2.9 billion loan to develop its Stibnite gold-antimony project in Idaho. The…
Blue Lagoon hits commercial production at BC gold-silver project
Blue Lagoon Resources (CSE: BLLG) said it officially attained commercial production at its Dome Mountain gold and silver project in British Columbia. Underground mining rates exceeded 100 tonnes per day…
McEwen says San José cash generation tops target
McEwen Mining (NYSE, TSX: MUX) says the San José mine in Argentina has already generated more cash than expected this year, allowing the company to fund its growth plans without…
Agnico greenlights $2.4B Nunavut gold mine
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it will proceed with construction of the $2.4-billion (C$3.3-billion) Hope Bay underground mine in Nunavut with a goal of starting operations in…
Lithium Americas sees $100M Thacker Pass cost hike from tariffs, Iran war
Lithium Americas (TSX, NYSE: LAC) is estimating that U.S. steel tariffs and the Iran war will add $80 million to $120 million to this year’s construction expense for the Thacker…