YMP Scholarship Fund grows to $300,000
The Young Mining Professional’s Scholarship Fund has increased by a third to $300,000 (US$215,000) from last year as the industry’s leading companies reward strong students…
Financing
AngloGold Ashanti in $58.5M deal to double Thesis stake
AngloGold Ashanti (NYSE: AU) is investing $58.5 million (US$42 million) to double its stake in Thesis Gold & Silver (TSXV: TAU; US-OTC: THSGF) and help…
Korea taps Glencore for copper with $1B loan deal
South Korea’s export credit agency will lend $1 billion to Glencore (LSE: GLEN) in exchange for copper supplies to Korean companies, securing access to a…
American Rare Earths, Novex to boost US output
American Rare Earths (ASX: ARR) and metallurgy firm Novex plan to develop U.S. rare earth metal production using feedstock from the Halleck Creek project in…
Vale speeds Salobo copper expansion, cuts costs
Vale’s (NYSE: VALE) Base Metals (VBM) unit is adding about 30,000 tonnes of annual production at its Salobo mine, Brazil’s largest copper operation, after cutting…
Junior funding model blamed for mine delays
The mining industry’s exploration financing model leaves junior companies ill-equipped to address environmental and social issues that later delay mine approvals, the Washington, D.C.-based Trust,…
NioCorp’s Elk Creek niobium project valued at $3.4B
An updated feasibility study increases the net present value of NioCorp Developments (Nasdaq: NB) Elk Creek project in Nebraska by 46% after the company more…
Sprott backs Sask hydrogen with $10M more
Canadian billionaire Eric Sprott is investing $10 million (US$7.18 million) to increase his stake in Max Power Mining (CSE: MAXX; OTC: MAXXF) and advance its…
US investor group taps Glencore in bid for Sherritt
A U.S. investor group that includes Glencore (LSE: GLEN) is offering to recapitalize Sherritt International (TSX: S) and acquire control of the beleaguered miner whose…
US unveils $2B of financing commitments for mining
United States President Donald Trump on Friday announced more than $2 billion (C$2.8 billion) in financing pledges for critical minerals and other mining projects that…
Ranked: Mid-summer capital raisings
During the period from June 17 to July 15, 2026, the three largest mining financings and credit-facility transactions totalled approximately C$2.1 billion. Iamgold (TSX: IMG;…
Ottawa approves Canada Nickel’s Crawford mine
Canada Nickel (TSXV: CNC: US-OTC: CNIKF) has secured federal approval to proceed with its proposed Crawford polymetallic mine in Ontario, paving the way for a…