Atico secures $158M protection for Ecuador project
Atico Mining (TSXV: ATY, US-OTC: ATCMF) has inked an investment protection agreement (IPA) with the government of Ecuador for its La Plata mining project as…
Financing
Minera Alamos raises $135M to pay for Equinox assets
Minera Alamos (TSXV: MAI) said it closed a C$135 million (US$98 million) equity financing that will help the company pay for three Nevada assets it’s…
Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has agreed to a $500-million investment from Qatar that gives its sovereign wealth fund 4% of the Canadian copper miner…
BHP, Lundin bet $400M on Argentina copper hub
BHP (ASX, NYSE: BHP) and Lundin Mining’s (TSX: LUN) joint venture in Argentina is investing more than $400 million near the Chilean border, aiming to…
Lithium Ionic boosts projected returns for Brazil project
Lithium Ionic (TSX-V: LTH; US-OTC: LTHCF) said a definitive feasibility study for its Bandeira project in eastern Brazil shows higher returns, lower capital costs and…
Feds may offer Highland Copper $250M loan
Highland Copper (TSXV: HI) has received a significant boost for its Copperwood project in Michigan’s Upper Peninsula, with the US Export-Import Bank issuing a non-binding…
Friedland-backed Sunrise soars on US loan interest
Sunrise Energy Metals (ASX: SRL), which wants to mine Australia scandium in a project backed by billionaire Robert Friedland, is being lined up for a…
Anglo, Codelco seal pact to mine $5B in Chilean copper
Anglo American (LSE: AAL) Chile’s state-owned copper miner Codelco have sealed a landmark deal to jointly operate their neighbouring mines in central Chile, unlocking at…
Alamos ends $1B fight in Turkey with $470M sale
Alamos is selling its Turkish subsidiary to Middle East-based Tumad Madencilik Sanayi, a unit of Nurol Holding.
Newmont to delist from TSX, citing low volumes
Gold mining giant Newmont (TSX: NGT; NYSE: NEM) said it plans to voluntarily withdraw its common shares from the Toronto Stock Exchange due to low…
Japan pours $7B into African rail link for Sovereign graphite
Japan has committed $7 billion to develop the Nacala Logistics Corridor, a project expected to boost Sovereign Metals’ (ASX: SVM; LSE: SVML) Kasiya rutile-graphite project…
Foran secures $70M in Sask. tax credits
Foran Mining (TSX: FOM; US-OTC: FMCXF) says it has secured up to $70 million (US$51 million) in Saskatchewan provincial tax credits to support the development…