Rio Tinto invests US$51M in Canadian alumina refinery
The world’s second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) is investing US$51 million to upgrade facilities at its Vaudreuil alumina refinery in Quebec. The company said three new…
News
Quebec snapshot: Eight companies to watch
With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world’s top destinations for mineral explorers and developers. Below,…
Wallbridge advances Fenelon project in Quebec
Wallbridge Mining‘s (TSX: WM) flagship Fenelon gold project lies along the prospective Detour-Fenelon gold trend in north-western Quebec, 75 km west-northwest of Matagami. The 85.6 sq. km land package is…
QC Copper and Gold injects new life into Opemiska in the Abitibi
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world. The belt, better known as the Abitibi, is 150 km in…
Alamos posts record cash flow, raises dividend 33%
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico….
Wheaton expands into Europe with LSE listing
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world’s largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE)…
BMO emerges as top advisor for M&A
BMO Capital Markets emerged as the top financial adviser for mergers and acquisitions (M&A) in the global mining sector by value as well as volume through the first three quarters…
Giga Metals targets battery market with Turnagain nickel project
Giga Metals (TSXV: GIGA; US-OTC: HNCKF) has tabled an updated preliminary economic assessment (PEA) on its Turnagain nickel-cobalt project in B.C., 65 km east of Dease Lake. The early-stage study…
Adriatic Metals secures US$28M financing package
Adriatic Metals (LSE: ADT2; ASX: ADT) has signed agreements to raise US$28 million from two new investors – Queen’s Road Capital Investment and the European Bank for Reconstruction and Development…
Top 20 mining companies by capital raised
The extraction of metals and minerals is a capital intensive endeavour. Mining companies require hundreds of millions of dollars, and in many cases, billions, to take a project from exploration…
Chairman offers to take Kazakhstan’s Kaz Minerals private
Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals (LSE: KAZ), are proposing a buyout offer of the pure-play copper company. Their company, Nova Resources, in…
Pilbara reveals plan to buy Altura for US$175M
Australian lithium producer Pilbara Minerals (ASX: PLS) has signed a conditional agreement with a group of lenders to buy embattled rival Altura Mining for US$175 million. The West Perth-based miner…