PDAC: Canada must build processing now, panelists say
Canada has a historic opportunity to build new processing facilities in the country as modern mines get developed amid a global resource boom, attendees were told at the Prospectors and…
Financing
PDAC: Ottawa sprinkles cash across 30 projects
Canada announced as much as $17 million each for 30 mining projects on Monday as another round of support linked to a Group of Seven critical minerals initiative. The funding…
Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a…
QazMoly nears $240M US funding for tungsten project in Kazakhstan
Kazakh company QazMoly said it could get as much as $240 million (C$328 million) in United States funding to develop its Drozhilov project in Kazakhstan if a deal can be…
MP Materials builds $1.25B Texas magnet plant
MP Materials (NYSE: MP) is due to break ground within days on a billion-dollar rare earth magnet manufacturing campus near Dallas. The $1.25-billion project, dubbed 10X, is expected to “dramatically…
Panama growth hinges on Cobre Panama restart: report
Panama’s economy grew 4% in 2025, and business leaders say reopening First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine is critical to lifting growth to as much as 6%…
Hycroft Mining extends climb on Sprott share buy
Hycroft Mining Holding (Nasdaq: HYMC) soared for a second straight day Wednesday after a securities filing revealed that Canadian billionaire Eric Sprott has continued to buy the stock despite its…
Quick payback seen for Yukon’s Coffee gold project
Newmont (NYSE: NEM)-backed developer Fuerte Metals (TSXV: FMT; US-OTC: FUEMF) says it would need barely a year at current gold prices to recoup the C$983 million ($718 million) initial capital…
Andes Iron’s $2.5B Chile project hits fresh snag
A Chilean court of appeals has overturned a favourable court ruling in the long-running dispute over Andes Iron’s $2.5-billion Dominga iron ore and copper project, effectively sending the development back…
Faraday jumps on Lundin-, BHP-backed $100M deal
Faraday Copper (TSX: FDY) is raising $100 million (US$73 million) through a private placement backed by the Lundin Family Trusts and BHP Group (ASX: BHP) to fund the ongoing development…
Lundin Gold sells silver stream to LunR in $670M deal
Lundin Gold (TSX: LUG) said it will sell a silver stream on its Fruta del Norte mine in Ecuador in return for newly issued shares of LunR Royalties (TSX-V: LUNR)…
First Quantum’s Argentina copper mine valued at $5.9B
A new technical report on First Quantum Minerals’ (TSX: FM) Taca Taca copper-gold project in northwest Argentina shows the project’s value has more than doubled in five years thanks in…