Northern Graphite to raise $2.2M for feasibility study
Canadian miner Northern Graphite (TSXV: NGC; US-OTC: NGPHF) plans to raise up to C$2.2 million on the stock market as it builds on a recent…
Financing
Agnico sells out of Orla for $560M
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest gold miner by output and market value, has sold its 11% stake in Orla Mining (TSX: OLA;…
Vizsla lines up Macquarie-led $220M for Panuco
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) hired Australia’s Macquarie Bank as lead arranger of a $220 million (C$304 million) maximum financing package for the construction…
Centerra buys 9.9% of Liberty to expand Idaho bet
Centerra Gold (TSX: CG, NYSE: CGAU) agreed to buy 9.9% of Liberty Gold (TSX: LGD; US-OTC: LGDTF) for about $28 million to add a stake…
Marimaca Copper raises A$80M
Marimaca Copper (TSX: MARI; ASX: MC2) has secured approximately A$80 million (C$72 million) in funding commitment from investors outside of Canada for its projects in…
Rio to buy carbon credits with Caisse backing
Canada’s second-largest pension fund and Australia’s Clean Energy Finance Corp. (CEFC) are investing in a carbon credits platform helping Rio Tinto (NYSE, LSE, ASX: RIO)…
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last…
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan (NYSE: FCX) is injecting another $75 million (US$54 million) into Amarc Resources’ (TSX-V: AHR) JOY copper project in British Columbia, moving into stage two…
Vale to spend $12.2B in Brazil as Capanema reopens
Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment…
Freeport CEO urges US aid to grow copper
United States mining giant Freeport-McMoRan (NYSE: FCX) is calling on the Trump administration to sweeten incentives for domestic copper producers and cut permitting times to…
Fury Gold’s Eau Claire study posits 41% return
Fury Gold Mines’ (TSX, NYSE-A: FURY) first economic study of its Eau Claire gold deposit in Quebec shows strong returns across three development concepts. The…
Aris Mining rises on Soto Norte study
Aris Mining (TSX: ARIS; NYSE-A: ARMN) has released a prefeasibility study for its Soto Norte gold project in Colombia, outlining the characteristics of both a…