Thesis Gold boosts investment return at Lawyers-Ranch project in BC
A new study combining Thesis Gold’s (TSXV: TAU; US-OTC: THSGF) Ranch gold-silver project in British Columbia with Lawyers, acquired through its takeover of Benchmark Metals last…
Financing
Codelco pays US$520M for Enami’s 10% stake in Teck’s Quebrada Blanca copper mine in Chile
The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco’s annual output.
Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba…
Cerro de Pasco Resources sells Santander zinc mine in Peru
Cerro de Pasco Resources (CSE: CDPR) says it’s selling its Santander zinc-silver mine to a Peruvian distressed asset investor for as much as US$10 million…
Kodal Minerals to be first lithium producer in West Africa listed in London
Kodal Minerals (LSE: KOD) is set to become West Africa’s first London-listed lithium producer when its Bougouni project in southern Mali begins production, planned for…
GM delays $330M Thacker Pass funding in latest sign of lithium slowdown
General Motors (NYSE: GM) has postponed a $330-million investment in Lithium Americas (TSX: LAC; NYSE: LAC), pushing the second tranche of their $650-million deal, announced…
People in Mining: Stephen Stewart’s tactical moves lift Ore Group on several fronts
A decade ago, Stephen Stewart launched Ore Group with a clear strategy: capitalize on distressed assets from the global financial crisis and develop them into…
Congo copper exports to US begin via Angola railway to Atlantic
A cargo of copper cathodes is headed to Baltimore after arriving by train at the port of Lobito in Angola on Monday.
Perseus sells Montage Gold stake for $61M
Perseus Mining (ASX, TSX: PRU) has divested its equity stake in Canada’s Montage Gold (TSXV: MAU) for $61.4 million to help finance an investment in…
Brazil Potash plans IPO to fund US$2.5B Autazes project
The company has filed a preliminary prospectus for the offering with the US Securities and Exchange Commission.
E3, Pure Lithium advance battery plant plan to tap Alberta brine
E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) has extended its partnership with Pure Lithium to advance the design of an anode and battery pilot plant in…
Electra surges on US$20M Washington funding for Ontario cobalt refinery
Electra Battery Materials’ (TSX-V: ELBM; NASDAQ: ELBM) shares jumped 40% Monday on news it received US$20 million from the United States’ Department of Defense (DoD)…