Milei’s win cements US partnership in Argentina
Argentina’s bid to unlock its vast lithium, copper, oil and gas reserves has gained fresh momentum after President Javier Milei led his far-right party to…
Financing
Could Barrick’s next CEO break up the company?
Spinning off Barrick Mining’s (TSX: ABX; NYSE: B) U.S. assets into a new company or exploring a merger with Newmont (NYSE: NEM) are some of…
Friedland-backed scandium miner enters supply deal with Lockheed Martin
Robert Friedland-backed Sunrise Energy Metals (ASX: SRL) could become a long-term supplier of scandium for Lockheed Martin under the recently signed Australia-U.S. critical minerals pact,…
US, Orion, Abu Dhabi plan $5B mining fund
The United States government has teamed up with Orion Resource Partners and Abu Dhabi’s ADQ to create a $1.8 billion fund to invest in critical…
G Mining greenlights $973M Guyana gold mine
Canada’s G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said it’s going ahead with construction of the $973 million Oko West mine in Guyana that’s expected…
Electra ‘fully funded’ to build Ontario cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it’s now fully funded to complete the construction and commissioning of what would be the first cobalt sulphate…
Perpetua starts building $1.3B Stibnite gold-antimony mine in Idaho
Perpetua Resources (Nasdaq, TSX: PPTA) has begun early works construction at its $1.3 -billion Stibnite gold-antimony project in central Idaho, fast-tracked by the Trump administration…
RANKED: Top 10 automakers by battery cobalt spending
Democratic Republic of Congo’s export quotas have lit a fire under cobalt prices and spending on the battery material is up 43% year on year…
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and…
Petra Diamonds seeks $25M lifeline as market slumps
Africa-focused Petra Diamonds (LSE: PDL) has launched an £18.8-million (US$25-million) rights issue as part of a crucial refinancing strategy aimed at keeping the Africa-focused miner…
Government equity in miners becomes U.S. norm
The Trump administration is ratcheting up government ownership in mining companies that are nominally Canadian, raising questions about whether Ottawa plans similar investments. Trump has…
Fortuna soars on fast repay plan for Senegal gold project
Fortuna Mining (TSX: FVI; NYSE: FSM) says a preliminary economic assessment (PEA) for the Diamba Sud gold project in Senegal shows the Canadian miner could recoup…