Spanish Mountain signs $55M royalty deal with Wheaton
Spanish Mountain Gold (TSX-V: SPA) has inked a $55 million (C$75 million) royalty agreement with Wheaton Precious Metals (TSX: WPM) tied to its namesake project in British Columbia, Canada. The…
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Agnico lines up $3.7B multi-deal to build Finland hub
Agnico Eagle Mines (TSX, NYSE: AEM) is lining up a three-part deal to consolidate a district-scale gold camp in northern Finland, anchored by the $2.9-billion (US$2.1 billion) acquisition of Rupert…
USA Rare Earth boosts Western supply chain in $2.8B deal for Brazil producer
USA Rare Earth (Nasdaq: USAR) plans to acquire Brazilian rare earths producer Serra Verde Group for a total value of about $2.8 billion, a move that could position the new…
China copper smelters hit record, space satellites show
Activity at copper smelters in China rose to an all-time high in March as buyers of the red metal increased purchases following a price slump, according to Earth-1, which monitors…
B2Gold trims Q2 output after Goose fire
B2Gold (TSX: BTO, NYSE-A: BTG) says it is expecting lower output from its Goose mine in Nunavut after a fire broke out around the crushing circuit, reducing throughput. The incident…
Banyan Gold hits high on $46.5M capital raise
Banyan Gold (TSXV: BYN) soared to an all-time high on Monday after announcing a capital raise of $46.5 million for its flagship AurMac property in Canada’s Yukon Territory. In a…
Fortuna Mining enters Guyana with Quartzstone deal
Fortuna Mining (TSX: FVI; NYSE: FSM) is expanding beyond its traditional hubs with a new earn-in agreement that will allow it to gain a foothold in the prospective Guiana Shield. Vancouver-based…
Chile targets faster permits to unlock $100B pipeline
Chile is moving to accelerate mining permit approvals to unlock more than $100 billion in investment and revive momentum in its cornerstone copper sector, Economy and Mining Minister Daniel Mas said…
New Found Gold finances $205M for Queensway
New Found Gold (TSXV: NFG; US-NYSE-A: NFGC) says it has locked down $205 million in equity and debt financing for its Queensway development in Newfoundland. The mining company structured the…
Environmental group sues US Interior for approving rare earth mining in Mojave Desert
An environmental advocacy group is suing the Department of the Interior (DOI) over its decision to greenlight a rare earth mining project located within the Mojave National Preserve a year…
US Senate vote unlocks huge Antofagasta copper project in Minnesota
The United States Senate narrowly voted to overturn a longstanding mining ban on public lands in northern Minnesota, a move that could revive development of one of the country’s largest…
Mangrove opens Delta refinery to close lithium gap
Privately held Mangrove Lithium on Thursday opened North America’s first commercial electrochemical lithium refinery, adding a missing piece to Canada’s battery supply chain. The facility in Delta, about 30 km…