Energy Fuels lands $725M Pentagon loan for rare earths
Energy Fuels (NYSE: UUUU; TSX: EFR) shares jumped on Thursday after the U.S. Department of Defense announced a conditional loan commitment of up to $725 million to expand the company’s…
Financing
BHP to sell $1.5B Chile power lines in copper-first pivot
Mining giant BHP (ASX: BHP) is preparing to sell about $1.5 billion worth of power transmission assets in Chile as the world’s largest miner sharpens its focus on copper and…
Canada offers Italy priority access to critical minerals
Prime Minister Mark Carney has offered Italy priority access to Canada’s critical mineral reserves as the two countries expanded cooperation on supply chains, defence and energy during talks at the…
Poland bets on copper boom as Lumina eyes new mines
Poland could more than double its copper production through planned mines by Canada’s Lumina Metals (TSX: LMCU), bolstering the country’s ambitions to become a leading supplier of a metal critical…
Baffinland gets $110M loan, court-approved extension
Canada’s Baffinland Iron Mines has been given a financial lifeline and additional time to stabilize operations while the struggling private company restructures under creditor protection. The Ontario Superior Court of…
Glencore to resume emissions work at Quebec smelter
Glencore (LSE: GLEN) said it’s resuming work on emissions-reduction projects at its Horne Smelter in Quebec after the provincial government passed a new law giving the company more time to…
Eldorado nears $100M bet on Amex as Perron advances
Mid-tier producer Eldorado Gold (TSX: ELD; NYSE: EGO) is set to inject $20.6 million in Quebec-focused Amex Exploration (TSXV: AMX; US-OTC: AMXEF) to maintain its 27% stake in the junior, after…
GoGold approved to build $227M mine in Mexico
GoGold Resources (TSX: GGD) has received federal approval in Mexico to begin construction of its $227 million (C$316 million) Los Ricos South (LRS) underground mine in Jalisco state. Shares of…
USA Rare Earth finalizes $1.6B with Commerce Dept
USA Rare Earth (Nasdaq: USAR) announced on Wednesday that it has executed definitive agreements with the U.S. Department of Commerce to unlock nearly $1.6 billion in funding under a CHIPS…
Gold bug Sprott invests $25M in hydrogen
MAX Power Mining (CSE: MAXX; US-OTC: MAXXF) has secured a $25-million investment from Eric Sprott to advance commercial evaluation of its Lawson hydrogen discovery in Saskatchewan, marking one of the…
Deep Sea Minerals to list on Nasdaq
Deep Sea Minerals (CSE: SEAS; US-OTC: DSEAF) said it intends to list on Nasdaq exchange as part of its long-term growth strategy to secure a more diversified investor base. The…
Alamos greenlights Copperstone gold mine in Arizona
Minera Alamos (TSXV: MAI) said it will proceed with construction of the past-producing Copperstone underground gold mine in Arizona, a $58 million (C$80 million) investment that the company says will…