Altius raises C$182M after royalty buys
Altius Minerals (TSX: ALS; US-OTC: ATUSF) is raising $182 million (US$130 million) through a bought-deal share offering to strengthen its balance sheet following a series of royalty acquisitions. The St….
Financing
Carney seeks deeper Saudi mining, energy partnership
Canadian Prime Minister Mark Carney said Saudi Arabia could help drive growth in Canada’s mining and energy sectors as the two countries signed more than more than $1.4 billion (US$704…
Billions in US-funded rare earths are Asia-bound: report
United States-backed rare earths producers are selling much of their output to Japan and South Korea because American magnet manufacturing has yet to catch up with Washington’s drive to build…
Editorial: Develop it or cede it
There is a paradox at the heart of Canada’s relationship with its own territory. The country sits atop some of the most valuable mineral deposits on earth: uranium, nickel, copper, rare earths, zinc….
US awards $75M to recover critical metals from coal
Five projects selected for the Mines & Metals Capacity Expansion Pilot .
BHP’s Jansen mine, a year away, faces crowded slot
BHP’s (NYSE, LSE, ASX: BHP) Jansen mine in Saskatchewan – at $15.3 billion (C$21.6 billion), the company’s biggest ever investment – will join a packed field when it enters production about…
First Majestic wins permits for Santa Elena expansion
First Majestic Silver (TSX, NYSE: AG) has secured construction permits for two new underground portals at its Santa Elena mine in Mexico and will spend an additional $12 million (C$17…
REalloys gets US Army site nod, raises $100M
REalloys (Nasdaq: ALOY) is raising $100 million through a securities purchase agreement with institutional investors and the U.S. Army selected it among companies to build processing plants on military bases. …
Rinehart invests $50M in X-ray tech for ore, cancer
Gina Rinehart, Australia’s richest person, is backing California-based Lumitron Technologies with a $50 million investment to commercialize high-resolution imaging technology used to improve ore processing and cancer detection. The investment…
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5 billion in loans to accelerate…
Hyundai backs ioneer’s Nevada lithium-boron project
Shares in Australian lithium developer ioneer (ASX: INR) gained this week after securing support from two South Korean engineering and infrastructure groups for its Rhyolite Ridge project in Nevada, a…
Gold miner sues BC over ‘stripped’ mining rights
MCC Canadian Gold Ventures says it has launched a multi-million dollar lawsuit against the British Columbia government after the province stripped MCGV of its mining rights through Orders in Council…