What’s driving gold miners’ copper craze?
Gold miners have never been more bullish. But not on gold — on copper. The red metal is one of the driving forces behind Newmont’s takeover of copper-rich fellow gold…
Financing
Let business lead on energy transition, AusCan Forum hears, while Trudeau touts values
The world has a long way to go to meet net zero emissions targets, but resource-rich Australia and Canada are both well-positioned to help make it happen. During the 8th…
Graphite One stock jumps on US$37.5M grant from US government
Graphite One (TSXV: GPH; US-OTC: GPHOF) has been awarded a Department of Defense Technology Investment Agreement grant of US$37.5 million under the Defense Production Act, funded through the Inflation Reduction…
Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Investors feast on Apple while juniors wait for their turn at the buffet
While tech giant Apple scaled new heights to reach over US$194 per share in late June, putting its market cap at an astonishing US$3 trillion, investors are finding junior miners…
Lucapa Diamond achieves debt-free status
Australia’s Lucapa Diamond (ASX: LOM) said on Tuesday it had fully repaid all interest-bearing loans that it borrowed from gold company Equigold and the Industrial Development Corp. of South Africa (IDC). The company,…
Mining deal-making declines, but Beaty and others see opportunities
As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions. They say share prices are reasonable or low for…
Avalon stock surges on $63M investment, joint venture with Sibelco
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) is partnering with Antwerp-based SCR-Sibelco NV to advance its lithium exploration projects in Ontario and its plans to build a lithium-hydroxide processing facility….
GMS Video: How Power Nickel combines new tech, Quebec financing to snag a major’s interest
Terry Lynch, CEO of Power Nickel, says he’s using novel sonar technology to update a resource estimate in September at the Nisk project in Quebec, but a major player may…
GMS: Quebec touts millions of government funding for battery metal projects
Quebec is becoming known for mining project funding that hands out several hundred million dollars a year and promotes the province as a battery metals hotspot. The province’s funding structure…
How to finance early-stage mining projects
Early-stage mining projects should keep financing simple to avoid later entanglements, experts told a conference in New York this month. Raising capital through share issues is the easiest path…
Wheaton adds Lumina’s Cangrejos project gold stream
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…