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…
Financing
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…
Rainbow taps Neo to advance South African rare earths
Rainbow Rare Earths (LSE: RBW) has selected Neo Performance Materials (TSX: NEO) to help design the final separation circuit at its Phalaborwa rare earths project…
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access…
Tungsten West signs £1.4B offtake from UK
Tungsten West (LSE-A: TUN) has signed a binding eight-year deal to supply U.S. tungsten producer The Elmet Group (Nasdaq: ELMT) from its Hemerdon mine in…
Glencore sets Oct. 14 for Australian market debut
Glencore (LSE: GLEN) expects to begin trading on the Australian Securities Exchange (ASX) on Oct. 14, tapping the country’s A$4.4-trillion (US$3.1-trillion) pension market to support…
Higher Santa Cruz costs weigh on Ivanhoe Electric
A new prefeasibility study (PFS) shows Ivanhoe Electric’s (NYSE, TSX: IE) Santa Cruz copper project in Arizona has become more expensive to build while its…
Highlander lines up $330M Corani silver project debt
Highlander Silver (TSX, NYSE-A: HSLV) has hired Paris-based Natixis Corporate & Investment Banking to lead a proposed $330-million (C$465-million) seven-year senior secured debt financing for…
Glencore to help build US minerals stockpile with $500M government financing
Swiss miner and commodities trader Glencore (LSE: GLEN) will help build a U.S. critical minerals reserve after receiving a $500 million commitment from the Export-Import…
Ex-Gold Fields CEO targets $1B Africa mining fund
Former Gold Fields (JSE, NYSE: GFI) CEO Chris Griffith has joined a private equity venture seeking to raise $1 billion to invest in African critical…
Comment: Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting
Canada spent the first half of September answering Washington’s trade escalation dollar for dollar after the United States imposed 50% tariffs on a broad range…