Rock Tech Lithium closes $40M financing
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has closed its previously announced marketed offering, issuing approximately 11.5 million units of the company priced at $3.50 per unit for aggregate gross…
Fast News
Moneta Gold closes $15.4M bought deal to fund Tower exploration
Moneta Gold (TSX: ME; OTC: MEAUF) has closed its previously announced and upsized bought deal private placement for aggregate gross proceeds of $15.4 million. The offering, which was oversubscribed, consists…
Avalon begins works for demo plant at Separation Rapids lithium project
Avalon Advanced Materials (TSX: AVL; OTC: AVLNF) has started road work and site preparations for the installation and commissioning of its demonstration dense media separation (DMS) plant for the Separation…
Karora completes PEA for nickel resources at Beta Hunt mine
Karora Resources (TSX: KRR; US-OTC: KRRGF) says a preliminary economic assessment for the nickel resources at its Beta Hunt mine in Western Australia has outlined a low capex project with…
Global Atomic hits new milestones at Dasa project in Niger
Global Atomic (TSX: GLO; US-OTC: GLATF) has finalized the formation of Societe Miniere de Dasa (Somida) as its mining subsidiary for the Dasa uranium project in Niger and the government…
Stanmore Coal pays Mitsui $380M for full control of Queensland coal mines
Australia’s Stanmore Coal (ASX: SMR) has acquired the remaining 20% stake in the South Walker Creek and Poitrel coal mines in Queensland from Japanese trading house Mitsui & Co. in…
Fuse Cobalt, Electra enter MOU for raw material supply
Fuse Cobalt (TSXV: FUSE; US-OTC: FUSEF) has signed a memorandum of understanding with Electra Battery Materials (TSX: ELBM; NASDAQ: ELBM) for the supply of raw cobalt material. Fuse is exploring…
Monarch grows resources at Croinor gold project in Quebec
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has released a mineral resource estimate for its 100% owned Croinor gold project located 55 km east of Val-d’Or, Que. The resource estimate is…
Lucara starts shaft-sinking at Karowe mine expansion project
Lucara Diamond (TSX: LUC) is moving towards the main shaft sinking phase of the underground expansion project at its Karowe mine in Botswana, which will extend the operation’s life for…
Vizsla Silver reports more high-grade at Panuco in Mexico
Drilling at the Copala vein at Vizsla Silver’s (TSXV: VZLA; NYSE: VZLA) Panuco project in southern Sinaloa, Mexico has yielded high grades over broad intervals near surface with intercepts grading…
Imperial Metals’ Mount Polley restart faces budget shortfall; announces $45M financing
Imperial Metals (TSX: III) will secure additional funds for the restart of its Mount Polley mine by way of a convertible debenture financing totalling $45 million. The mine, which had…
BeMetals lands US$5M loan from B2Gold
BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a US$5-million loan from strategic investor…