Orion’s largest fundraising lifts total past $9B
Orion Resource Partners has completed the final close of its Mine Finance Fund IV at $2.2 billion, representing its biggest fundraising to date. Pension funds, sovereign wealth funds and other…
News
Chinese firm idles Canada’s only antimony mine
Canada’s only primary antimony mine, the Beaver Brook operation in Newfoundland and Labrador, has remained idle despite rising demand for the strategic metal, highlighting growing concerns over Western dependence on…
Collective shifts HQ to Miami, stays Canadian
Collective Mining (TSX: CNL; NYSE-A: CNL) is shifting its executive headquarters from Toronto to Miami as the Colombia-focused explorer seeks closer access to its operations and deeper United States capital…
Southern Cross drills antimony discovery in Australia
Drilling at Southern Cross Gold’s (TSX: SXGC; ASX: SX2; US-OTC: SXGCF) Sunday Creek project in Australia returned the strongest gold-antimony result yet at the Apollo target. Shares rose. Highlight hole…
Falcon seeks $100M from Guinea in World Bank court
Falcon Energy Materials (TSX-V: FLCN) filed a $100-million (C$136-million) arbitration claim against Guinea, alleging that the West African nation illegally expropriated the company’s Lola graphite project. Abu Dhabi-based Falcon said…
Sponsored Video at PDAC: Tiger Gold pushes Quinchía beyond first mine plan
Tiger Gold (TSXV: TIGR) is drilling to decide whether the newly listed explorer develops the Quinchía project in Colombia as outlined in last year’s economic study or chases a much…
Centaurus inks Glencore deal for Jaguar nickel output
Centaurus Metals (ASX: CTM) has moved closer to a final investment decision on its Jaguar nickel project in Brazil after Glencore (LSE: GLEN) signed a binding five-year offtake agreement that…
Sponsored Q&A: Automation rises as drilling faces safety pressure
Exploration drilling remains the foundation of every new mine development, but the operating environment is becoming more demanding. Programs are moving deeper, labour shortages persist and safety expectations – particularly around live work and manual rod handling – are intensifying…
Gold eyes second weekly loss, silver price drops further
Gold slipped below $5,100 an oz. on Friday, heading towards a second consecutive weekly drop, as high energy prices stemming from the Middle East war continue to drive high-interest expectations….
Open-pit gold miners most exposed to inflation: Jefferies
Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to lift fuel and consumable costs…
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Rio Tinto to delay Quebec lithium plant build
Rio Tinto (ASX, LSE: RIO) plans to slow the construction of its Nemaska lithium processing plant in Quebec due to rising costs, which could see its commissioning delayed, Bloomberg reported….