Dead Solaris deal has cash-strapped Canadian miners considering the door
Some of Canada’s leading mining law firms say their clients are considering leaving the country because the federal government’s clampdown on Chinese investment has closed…
Financing
NextSource looks to tap Saudi perks for US$280M graphite anode plant
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) says it will cost US$280 million to build a new graphite anode plant in Saudi Arabia for electric vehicles as…
Skeena secures $1B finance package for Eskay Creek gold-silver development
Skeena Resources (TSX: SKE; NYSE: SKE) is getting US$750 million ($1.02-billion) in funding from Orion Resource Partners to finish the Eskay Creek mine redevelopment in…
Gold Reserve raising US$30M to bid for Venezuela’s Citgo in asset seizure dispute
Gold Reserve (TSXV: GRZ; US-OTC: GDRZF), an exploration company that’s still trying to collect on what it’s owed by Venezuela for a 2008 expropriation of…
Agnico boosts stake in Maple Gold as companies end Quebec JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has raised its stake in Maple Gold Mines (TSXV: MGM) to just under 20% after the companies ended…
Sitka buys Victoria Gold’s abutting Clear Creek in Yukon
Sitka Gold (TSXV: SIG) (OTCQB: SITKF) is expanding in the Yukon by acquiring the adjoining Clear Creek property from Victoria Gold (TSX: VGCX) in a…
Friedland, McEwen back Power Nickel’s oversubscribed $20M funding
Canadian explorer Power Nickel (TSX-V: PNPN) has closed its recent $20 million “oversubscribed” financing round backed by billionaire investor Robert Friedland and mining veteran Rob…
Savannah Resources raises US$20M for Barroso lithium project
Savannah Resources (AIM: SAV), the British company behind the Barroso lithium project in Portugal, has secured a £16 million (US$20.2 million) investment from Dutch miner…
South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal…
Chilean Cobalt lines up potential US$317M loan from EXIM Bank
The United States Export-Import Bank has signed a letter of interest to back Philadelphia-based critical minerals explorer Chilean Cobalt (US-OTC: COBA) with US$317.4 million in…
How to attract Silicon Valley and Gen Zs
Silicon Valley could help the mining industry solve problems from funding to smelting but tech wizards shouldn’t necessarily run a mine, panellists told a conference…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years…