Asante Gold announces US$525M financing to support Ghana growth plans
Asante Gold (CSE: ASE) says it expects to raise US$525 million in two stages to fund its growth plans in Ghana, where it operates the Bibiani and Chirano gold mines…
News
Bunker Hill in line for US$150M federal bank loan for Idaho silver project
Bunker Hill Mining (CSE: BNKR) says the Export-Import Bank of the United States may loan it US$150 million to help restart and expand the past-producing Bunker Hill silver mine project in Idaho….
Private equity deals in mining tumble by half in 2024 – S&P
Private equity and venture capital transactions in the global metals and mining industry dropped sharply this year after reaching a five-year record last year, S&P Global Market Intelligence says. Total…
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The world is currently on course for global warming levels between 2.5˚C and 3˚C by the end of the century, far exceeding the 1.5˚C target outlined in the Paris Agreement…
Compass Gold signs mill deal to tap Tarabala deposit in Mali within months
Shares in Compass Gold (TSXV: CVB) doubled on Tuesday after Malian business group SMAT agreed to toll-treat ore from its Tarabala deposit within five months, as the company awaits its…
Critical Metals finds new high-grade areas at Tanbreez rare earths project
European rare earths developer Critical Metals (NASDAQ: CRML) has flagged additional upside for its flagship Tanbreez project in Greenland after its exploration team identified two high-grade areas that were previously…
Global Atomic expects US$295M loan for Dasa in Q1
The loan would cover 60% of the uranium project’s projected costs.
F3 Uranium logs strong results at PLN project, extends A1 shear
F3 Uranium (TSXV: FUU; US-OTC: FUUFF) has reported “ultra high-grade” drill results from the JR zone at its Patterson Lake North project in Saskatchewan, and discovered an extension to the…
AngloGold to close US$2.5B Centamin buy in November
Centamin (LSE: CEY) shareholders have voted in favour of AngloGold Ashanti’s (NYSE: AU; ASX: AGG; JSE: ANG) proposed US$2.5-billion takeover of the Egypt-focused gold miner. Centamin noted that the necessary…
Power Nickel drills 40 metres at 4.2% copper equivalent at Lion zone
Calling it “the biggest intersection yet,” Power Nickel (TSXV: PNPN; OTCBB: PNPNF) has reported that recent drilling at the Lion zone at its Nisk project in Quebec returned 39.6 metres…
Vale, Jinnan invest US$627M in iron ore plant in Oman
Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027.
Heliostar expands high-grade gold at Ana Paula, uncovering a new zone
Drill results from Heliostar Metals’ (TSXV: HSTR; US-OTC: HSTXF) Ana Paula gold project in Guerrero, Mexico, suggest potential for a resource increase and a new, near-surface find. The Vancouver-based junior…