Mitsubishi invests $20M in Marimaca Copper for 5% stake
Marimaca Copper (TSX: MARI) has secured a $20-million investment from Mitsubishi Corp. that will give the Japanese firm a 5% stake in the junior. Proceeds of the investment, which comes…
Articles by Jackson Chen
Deep-South stock soars as it gets Namibia copper licence reinstated
Deep-South Resources (TSXV: DSM) is one step away securing the long-awaited renewal for its copper prospecting licence in Namibia that was denied by the country’s mines and energy ministry two…
Los Andes Copper stock rises on Chilean court ruling
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has been authorized to restart drilling at its flagship Vizcachitas project in Chile following a court ruling that lifted an injunction against the…
Avalon stock surges on $63M investment, joint venture with Sibelco
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) is partnering with Antwerp-based SCR-Sibelco NV to advance its lithium exploration projects in Ontario and its plans to build a lithium-hydroxide processing facility….
Argonaut pours first gold at Magino, expects commercial production in Q3
Argonaut Gold (TSX: AR) announced Thursday it has achieved first gold pour at its Magino mine located in Dubreuilville, Ont. — the company’s first Canadian mine operation. The process plant…
Eldorado fully funded to complete Skouries build after EBRD invests $81.5M
Eldorado Gold (TSX: ELD) has closed the recently announced strategic investment of $81.5 million by the European Bank for Reconstruction and Development (EBRD). The institution bought 6.3 million shares at…
Canadian Copper grabs majority stake in Murray Brook VMS project in New Brunswick
Canadian Copper (CSE: CCI) is acquiring a 72% stake in the Murray Brook project, located in New Brunswick’s Bathurst mining camp, from Votorantim Metals Canada. In return for the majority…
Contango Ore confirms Kinross cost guidance for Manh Choh
Alaska gold explorer Contango Ore (NYSE-AM: CTGO) has completed a technical report summary on the Manh Choh project, confirming the results of the feasibility study and subsequent updates prepared by KG…
Banyan Gold posts 50% rise in inferred ounces at AurMac
Banyan Gold (TSXV: BYN; US-OTC: BYAGF) has updated resources at its Aurex and McQuesten projects, together known as the AurMac property, located in the Yukon. The new resource outlines a total…
Standard Lithium stock rises on ‘highest confirmed lithium grade brine’ in Arkansas
Standard Lithium‘s (TSXV: SLI) resource definition work at its South West Arkansas project has returned sampling results of up to 581 mg lithium per litre, which represents the “highest confirmed…
Metallic Minerals nets $6.3M investment from Newcrest for La Plata
Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) has invested $6.3 million in Metallic Minerals (TSXV: MMG) for a 9.5% equity stake in the company. The proceeds will help advance Metallic Minerals’…
First Quantum launches US$1B debt offering
First Quantum Minerals (TSX: FM) is offering US$1 billion in senior notes to repay existing loans and redeem previously issued notes. First Quantum’s stock was up 1.2% by 11:30 a.m….