Nevada Copper unveils restart and US$93M financing plan for Pumpkin Hollow
Nevada Copper (TSX: NCU; US-OTC: NEVDF) plans to restart and ramp up its Pumpkin Hollow underground mine in Nevada and has agreed to non-binding terms with lenders for up to…
M&A, Financing and Restructuring
Trevali confirms arrest of Perkoa managers; receives creditor protection
Ailing zinc miner Trevali Mining (TSX: TV; US-OTC: TREVF) reported receiving an initial order from the Supreme Court of British Columbia under the Companies’ Creditors Arrangement Act (CCAA) on Friday,…
Two Trevali managers arrested in Burkina Faso due to Perkoa mine flood: reports
Burkina Faso news sources report that two Trevali Mining (TSX: TV) executives were arrested in the country due to the tragic flooding at the Perkoa zinc mine that trapped and…
Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in BC
Junior Giga Metals (TSXV: GIGA) and global trading and investment firm Mitsubishi Corp. agreed on Monday to form a joint venture company, Hard Creek Nickel Corp., to develop the Turnagain…
Adventus finalizes US$55M Trafigura offtake for El Domo; looks to raise another US$40M in debt
Adventus Mining (TSXV: ADZN) has finalized a US$55-million offtake financing agreement with Trafigura for the construction of its 75%-owned El Domo-Curipamba copper-gold project in Ecuador. Of the total US$248-million estimated…
Canadian gold miners report a mixed bag of Q2 results
Several Canadian-listed gold producers released second-quarter results after market close on Wednesday in what can perhaps best be described as a mixed bag. Vancouver-based major B2Gold (TSX, NYSE: BTO) posted…
TSX end July 25-29 trading week in the black
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained 5.15 points or 5.9% to…
Gold Fields slowly turning Yamana deal doubters into allies
Gold Field’s (NYSE: GFI; JSE: GFI) intended acquisition of Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has gained backers and says its…
Denison and Uranium Energy fight over explorer UEX
Uranium Energy Corp. (NYSE: UEC) announced overnight that it had received a competing offer to acquire uranium exploration outfit UEX Corporation (TSX: UEX) and named Denison Mines (TSX: DML) as…
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
PDAC 2022: Investment bankers see capital returning to mining – once market risks abate
Despite strong commodity prices, money has not been flowing into the mining sector — and that is likely to be the case as long as market volatility and uncertainty continue,…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…