Viridis doubles REE tonnage in Brazil
Viridis Mining and Minerals (ASX: VMM) has unveiled an initial reserve estimate of more than 200 million tonnes at its Colossus ionic adsorbed clay project in Brazil, underpinning a potential high-grade rare…
Stock Markets/Investing
Abcourt preps Sleeping Giant’s first gold since 2014
The aptly-named Sleeping Giant mill in Quebec is turning again for the first time since 2014, says Abcourt Mines (TSXV: ABI; US-OTC:ABMBF). The company said Wednesday it has invested about…
First Quantum restructures debt
First Quantum Minerals (TSX: FM) says it’s restructuring its debt to take advantage of favourable bond markets. On Tuesday, the copper producer issued an update to its 6.875% 2027 senior…
Peabody nixes $3.8B Anglo coal deal
Anglo American’s (LSE: AAL) efforts to streamline its business have hit a major roadblock after Peabody Energy (NYSE: BTU) scrapped a $3.8-billion (C$5.27-billion) deal to acquire its Australian metallurgical coal…
UBS lifts 2026 gold price outlook on US risks
Analysts at UBS have lifted their gold price targets for next year in anticipation of higher safe-haven demand from persistent U.S. macroeconomic risks and de-dollarization. During the March quarter, the…
Metallium eyes $60B metals recycling market
Metallium (ASX: MTM; US-OTC: MTMCF) is advancing one of the first large-scale metals recovery plants in the United States to commissioning in December as it considers rolling out its modular…
Harmony Gold’s MAC Copper takeover OK’d
Harmony Gold’s (JSE: HAR; NYSE: HMY) acquisition of MAC Copper (NYSE: MTAL; ASX: MAC) has cleared the final regulatory hurdle after Australia’s Foreign Investment Review Board gave its approval of…
GoviEx lists on ASX, rebrands as Atomic Eagle
GoviEx Uranium (TSXV: GXU) has entered the Australian capital market by combining with ASX-listed shell company Tombador Iron (ASX: TI1) in a proposed reverse takeover that would see GoviEx end…
Osisko Devel. raises $203M for Cariboo project
Osisko Development (TSXV: ODV; NYSE: ODV) has closed a $203-million (C$280-million) bought deal private placement to help construct the Cariboo gold project in British Columbia. The amount adds to a $450-million…
Allegiant Gold surges on financing upsize
Allegiant Gold (TSXV: AUAU; OTC: AUXXF) has once again increased the size of its recently arranged private placement to fund the company’s exploration plans in Nevada. This represents Allegiant’s second…
African Rainbow boosts Surge Copper stake to 19.9%
African Rainbow Minerals (JSE: ARI), controlled by billionaire Patrice Motsepe, has increased its stake by another 6.5% in junior Surge Copper (TSXV: SURG) which is developing the Berg project that…
Dubai firm offers $10M lifeline to Lucapa Diamond
Lucapa Diamond (ASX: LOM), which holds the Lulo alluvial mine in Angola and the Merlin project in Australia, has struck a rescue deal with a Dubai-based group that could pull…