Nouveau Monde raises $297M as Italy’s Eni takes stake
Nouveau Monde Graphite (NYSE: NMG; TSX: NOU) is raising $297 million (C$413 million) in a transaction that will see Italian energy giant Eni buy a 12% stake to help the Canadian…
mine finance
PDAC: Flow-through shares drive TSX dominance, Douglas Silver says
Canada’s flow-through share financing system underpins the country’s status as a dominant mine finance hub by supporting the efforts of some 670 listed explorers, Canadian Mining Hall of Fame member…
PDAC: Canada must build processing now, panelists say
Canada has a historic opportunity to build new processing facilities in the country as modern mines get developed amid a global resource boom, attendees were told at the Prospectors and…
Ivanhoe Electric gets $200M loan for U.S. copper mine
Ivanhoe Electric (NYSE-A, TSX: IE) says it’s secured a $200 million (C$280 million) bridge loan from a bank syndicate amid a push to build the next major United States copper…
Tactical raises up to $140M for Texas rare earths project
Tactical Resources (TSX-V: RARE; US-OTC: USREF) said U.S. asset manager Yorkville Advisors Global agreed to provide up to $140 million (C$196 million) in financing – a move that will help…
Canada backs critical minerals projects worth $6.4B
Canada’s federal government unveiled plans to support 25 new investments it says will help to unlock some $6.4 billion (US$4.6 billion) of critical minerals projects tied to the production of…
G Mining eyes Guyana gold project decision this month
G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said Monday it will decide this month whether to proceed with the Oko West project in Guyana after securing up to $537.5 million (C$753 million)…
The View from England: Brexit threat to London’s finance sector
We are into a new year, and in the U.K. we face a near-perfect storm. On top of the depressing weather, Brexit has finally come into effect (after the 11-month…