Lux seeks $7M to advance Quebec gold project
Lux Metals (TSXV: LXM) is planning to seek about $7 million (US$5 million) in flow-through financing this fall to carry its La Grande gold project…
Financing
EU fast-tracks KGHM’s $3.46B Polish copper projects
The European Commission has granted strategic status to two copper projects worth a combined more than 9.5 billion zlotys ($3.46 billion) being developed by Polish…
NioBay seeks partners to advance Crevier project
Junior explorer NioBay Metals (TSXV: NBY; US-OTC: NBYCF) is looking for financial backers to speed up development of its Crevier niobium-tantalum project in northern Quebec…
Westwin to build $502M nickel refinery in Mississippi
Westwin Elements plans to invest $502 million over five years to build a commercial-scale high-purity nickel refinery in Mississippi, as the U.S. seeks to expand…
World Bank backs $1.4B for Chile’s copper giant
The World Bank Group is holding up a financing structure used by Chile’s state-owned Codelco as a model for mineral-rich countries seeking to attract long-term…
Glencore gets RIGI nod for $4B Argentina copper project
Glencore (LSE: GLEN) has secured Argentine government approval for its $4 billion (C$5.7 billion) Agua Rica copper project under the country’s special investment incentive program,…
New $850M debt deal moves Troilus copper-gold project closer to full funding
A new debt-financing accord brings Troilus Mining (TSX: TLG; US-OTC: CHXMF) closer to securing the entire capital needed to develop its namesake copper-gold project in Quebec….
Mining’s future is up for sale
Streaming has moved far beyond its origins as a niche financing tool for cash-strapped miners, with multibillion-dollar deals and a growing secondary market turning rights…
Elevra fires up NAL lithium mine expansion
Elevra Lithium (ASX: ELV; Nasdaq: ELVR) has started building a $366-million (US$271-million) expansion of its North American Lithium mine in Quebec and is negotiating another…
Mayfair lines up $310M for Ontario gold project
Mayfair Gold (TSXV: MFG; NYSE-A: MINE) has reached a preliminary financing agreement with Australia’s Macquarie Bank for up to $310 million (US$218 million) to help…
North America is building rare earth plants faster than it is building rare earth engineers
On Aug. 7, as U.S. President Donald Trump hosted mining executives at a roundtable in Washington, representatives of all 14 accredited U.S. mining schools attended…
SuperCritical tests seawater uranium system
SuperCritical Materials has partnered with the University of Michigan to test whether technology for extracting uranium from seawater can withstand the mechanical demands of industrial-scale…