Electra restarts construction at Ont. cobalt refinery
Electra Battery Materials (TSX-V, Nasdaq: ELBM) said it’s resumed construction at its Ontario cobalt sulfate refinery after securing about $82 million (C$115 million) in project…
Financing
U.S. export bank signals $200M for Pumpkin Hollow
Letter of interest outlines $180m in potential funding to complete the fully financed restart of the underground copper mine in Nevada, and $20 million to advance technical work.
Blue Gold secures $140M to restart Ghana gold mine
Shares of Blue Gold (Nasdaq: BGL) jumped as much as 9.6% Wednesday after the junior miner announced it had secured an additional $65 million in…
Canadian federal budget promises billions for mining
Canada’s Liberal government plans to form a $2-billion sovereign fund for critical minerals, earmark hundreds of millions in mining industry spending and widen exploration tax…
US weighs $190M for Locksley’s antimony
Australia’s Locksley Resources (ASX: LKY) has received a letter of interest (LOI) from the U.S. Export-Import Bank (EXIM) for a potential financing of $191 million…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF),…
Vianode to build $2B graphite plant in Ontario
Norwegian battery materials producer Vianode says it’s planning to spend $2 billion (US$1.4 billion) on a plant in Ontario for the company’s first large-scale production of…
Canada backs critical minerals projects worth $6.4B
Canada’s federal government unveiled plans to support 25 new investments it says will help to unlock some $6.4 billion (US$4.6 billion) of critical minerals projects…
Collective extends Apollo gold system in Colombia
Canadian explorer Collective Mining (TSX, NYSE: CNL) has expanded the footprint of its Apollo system at the Guayabales gold project in Colombia and plans to…
Ontario fast-tracks Frontier Lithium’s PAK
Frontier Lithium’s (TSXV: FL; US-OTC: LITOF) $943-million capex PAK project is Ontario’s first entry in a program to approve mines in two years. Provincial Energy…
US and Japan strike rare earths deal
The United States and Japan have signed a framework agreement to secure the supply of rare earths and critical minerals, aiming to reduce reliance on…
Perpetua gets $255M from JPMorgan, Agnico Eagle
Perpetua Resources (Nasdaq, TSX: PPTA) has secured $255 million in new investments from JPMorgan Chase and Agnico Eagle (TSX, NYSE: AEM), giving the U.S.-focused gold…