Ganfeng Lithium chases Bacanora in US$265m deal
Shares in lithium explorer and developer Bacanora Minerals (LSE: BCN) jumped as much as 38% on May 6 after China’s Ganfeng Lithium, one of the world’s top lithium producers, offered the company…
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Lucara secures US$220 million for Karowe expansion
Canada’s Lucara Diamond (TSX:LUC) has secured up to US$220 million in credit-approved commitments for senior debt facilities, which will help it fund a five-year, US$514 million underground expansion of its Karowe mine…
Copper breaches $10,000 per tonne and nears record high price
Copper hit US$10,008 a tonne on the London Metal Exchange today, nearing the record inter-day high of US$10,204 per tonne set in February 2011. “It’s a great time to be…
Millennial Lithium achieves high purity battery-grade lithium at Argentinian project
Millennial Lithium (TSXV: ML) announced that it was able to produce lithium carbonate of battery-grade purity from the first batch of brine processed through the company’s pilot plant at its…
Giyani updates PEA for Botswana manganese project
Giyani Metals Corp. (TSXV: EMM) has updated a preliminary economic assessment (PEA) based on a larger inferred resource estimate for the company’s flagship Kgwakgwe Hill (K.Hill) manganese project in southeastern…
Yamana invests $20.6M in Ascot
After closing a $61 million bought deal on April 9 (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6 million private placement financing by…
Scottie to acquire AUX, merge Golden Triangle properties in BC
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX; US-OTC: AUXRF) proposing a merger of the two companies that would consolidate the two…
Novo Resources releases PEA for Beatons Creek in Australia
Novo Resources (TSX: NVO; US-OTC: NSRPF) has released a preliminary economic assessment for the company’s 100%-owned Beatons Creek gold project near the town of Nullagine in the Pilbara region of Western…
Congo launches state-owned cobalt miner
The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the purchase and sale of the…
Copper Mountain announces US$250 million senior secured bond issue
Copper Mountain Mining (TSX: CMMC) has successfully priced US$250 million in senior secured bonds in the Nordic bond market. The five-year bonds, bearing interest at 8% per year, will mature…
Osisko Mining hits high-grade mineralisation at Windfall
Osisko Mining (TSX: OSK) has reported the latest drill results from its 100%-owned Windfall gold project in Quebec’s Abitibi greenstone belt, 200 km northeast of Val-d’Or and 115 km east of…
Donlin assays extend higher trends for Barrick
Barrick (TSX:ABX; NYSE:GOLD) has released results from the remaining 30% of the 2020 drilling program at the Donlin gold project in Alaska. Both the grade and thickness of the intercepts…