Adriatic Metals seeks US$50M after first concentrate sale
Europe-focused Adriatic Metals (ASX: ADT; LSE: ADT1) said on Monday it had sold the first shipment of concentrate from its Vares silver mine in central Bosnia, and plans to raise…
Financing
Faraday Copper rallies on $20M bought deal to advance Arizona project
Faraday Copper (TSX: FDY; US-OTC: CPPKF) shares rose 6.6% on news the company is raising $20 million in a bought deal financing for its Copper Creek project in Arizona. The…
Kenorland stock surges as Centerra Gold takes 9.9% stake
Centerra Gold (TSX: CG) is taking a 9.9% stake in Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF), joining Sumitomo Metal Mining as one of the junior’s biggest investors. Centerra is acquiring the…
Solaris says $130M Zijin deal derailed by ‘counterproductive’ regulatory review
Solaris Resources (TSX: SLS; NYSE: SLSR) has cancelled a $130-million investment by China’s Zijin Mining Group after the financing got stuck for four months in the Canadian government’s national security…
Video: Investors wait to see how EV battery tech shifts will shake out
Shifting battery metals chemistries present a real challenge for all players in the battery ecosystem, from mineral producers to investors to end-stage users such as automobile manufacturers, panellists said at…
SolGold secures US$10M loan for Cascabel as talks for larger financing continue
Ecuador-focused SolGold (LSE: SOLG) says it has lined up a $10-million loan facility for its flagship Cascabel copper-gold project in the country’s north, adding it is in talks with capital…
JV Content: PearTree tracks financial trends that show declining exploration spending in BC
Exploration spending in British Columbia is down by more than 45% since 2022, the biggest drop of any jurisdiction in Canada, PearTree Financial managing director Kendra Johnston said at the…
Freeport enters earn-in on Max Resource’s Cesar copper-silver project in Colombia
U.S. copper giant Freeport-McMoRan has invested US$1.6 million in Max Resource (TSXV: MAX) in return for the chance to earn a stake in the junior’s Cesar copper-silver project in northwestern Colombia….
Video: How geopolitics is opening up downstream funding for miners
FPX Nickel (TSXV: FPX; US-OTC: FPOCF) is attuned to companies seeking geopolitical certainty in their metals as well as a high environmental social and governance score and low carbon footprint, CEO…
Brazil rejects Vale, BHP US$25B offer for mine disaster
Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.
Explorers need majors to fund innovation: report
Explorers depend almost exclusively on established miners for innovation even though larger companies restrain their pioneering research, according to a new study. Almost 90% of the industry says explorers don’t…
Lundin, Sprott, Warke fund Highlander Silver for Peru
South America-focused Highlander Silver (CSE: HSLV) is netting $9.2 million from members of the Lundin family as well as Canadian mining billionaires Richard Warke and Eric Sprott. The financing, for…