Copper developer lands LA fund manager’s $140M
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a Vancouver-based junior advancing the Nussir copper project in Norway, has secured at least $140 million (C$194 million)…
Financing
Viridis doubles REE tonnage in Brazil
Viridis Mining and Minerals (ASX: VMM) has unveiled an initial reserve estimate of more than 200 million tonnes at its Colossus ionic adsorbed clay project in Brazil,…
Canada gets first bullet-proof steel plant
Canada is building its first plant to produce bullet-proof steel after a federal trade mission to Sweden inked a $100-million (US$72.2 million) deal. Ontario-based armoured…
First Quantum restructures debt
First Quantum Minerals (TSX: FM) says it’s restructuring its debt to take advantage of favourable bond markets. On Tuesday, the copper producer issued an update…
Metallium eyes $60B metals recycling market
Metallium (ASX: MTM; US-OTC: MTMCF) is advancing one of the first large-scale metals recovery plants in the United States to commissioning in December as it…
Harmony Gold’s MAC Copper takeover OK’d
Harmony Gold’s (JSE: HAR; NYSE: HMY) acquisition of MAC Copper (NYSE: MTAL; ASX: MAC) has cleared the final regulatory hurdle after Australia’s Foreign Investment Review…
Osisko Devel. raises $203M for Cariboo project
Osisko Development (TSXV: ODV; NYSE: ODV) has closed a $203-million (C$280-million) bought deal private placement to help construct the Cariboo gold project in British Columbia. The…
Allegiant Gold surges on financing upsize
Allegiant Gold (TSXV: AUAU; OTC: AUXXF) has once again increased the size of its recently arranged private placement to fund the company’s exploration plans in…
African Rainbow boosts Surge Copper stake to 19.9%
African Rainbow Minerals (JSE: ARI), controlled by billionaire Patrice Motsepe, has increased its stake by another 6.5% in junior Surge Copper (TSXV: SURG) which is…
US startup makes thorium breakthrough
Clean Core Thorium Energy, a Chicago-based company developing thorium-based nuclear fuel, says new tests hit a milestone in the element’s energy output being more efficient…
US commits $1B to critical minerals technology
The United States Department of Energy says it will unlock just under US$1 billion (C$1.38 billion) to fund mining, processing and manufacturing technologies used to…
Lifezone secures $60M bridge loan for nickel project
Lifezone Metals (NYSE: LZM) said Monday it has secured a $60 million bridge loan from Taurus Mining Finance Fund to fund early works and infrastructure…