Asante locks in $635M refinancing, eyes TSXV debut
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured $470 million (C$635 million) to refinance debt, fund expansion at its Bibiani and Chirano gold mines in Ghana, and prepare for a…
Financing
Rainbow Rare Earth, Mosaic study REEs in Brazil
Rainbow Rare Earths (LSE: RBW) and fertilizer giant Mosaic (NYSE: MOS) are testing the economics of recovering rare earth elements (REEs) from waste stacks at their Uberaba phosphogypsum joint venture…
Foran assays extend copper zone at McIlvenna Bay
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole BZ-25-02 also intersected 0.69% zinc,…
Augusta offered $50M loan to build Nevada gold mine
Augusta Gold (TSX: G; US-OTC: AUGG) has received a letter from the Export-Import Bank of the United States (EXIM) expressing its interest in providing up to $50 million for the…
Sprott to buy $200M of uranium for special fund
Asset manager Sprott (TSX, NYSE: SII) said it plans to buy about US$200.1 million ($270 million) worth of physical uranium for its dedicated fund after raising twice as much money…
Critical Metals in line for $120M US loan for Greenland rare earth project
Critical Metals (Nasdaq: CRML) says it’s been tapped for a U.S. government loan worth up to $120 million to fund the company’s Tanbreez rare earth project in southern Greenland, The…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Ontario nuclear plan could boost uranium mining
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for…
MinRes, Ganfeng pump cash into lithium JV
Australia’s Mineral Resources (ASX: MIN) is expected to inject A$150 million (US$98 million) into its troubled Mount Marion lithium operation as it battles a prolonged slump the battery metal’s prices….
Novagold sees Donlin feasibility study by end ’27: CEO
Novagold Resources (TSX: NG) is pressing ahead with an updated feasibility study for its Donlin Gold project in Alaska now that Barrick Mining (TSX: ABX; NYSE: B) is no longer…
Rio’s $2B mine keeps Aus iron ore relevant: CEO
Rio Tinto (NYSE, LSE, ASX: RIO) this month opened its new Western Range iron ore mine, the first part of the company’s $13.3-billion (C$18.1-billion) investment plan to rejuvenate Australia’s Pilbara…
No takers for Nova Scotia uranium blocks post-ban
Nova Scotia, having recently lifted its decades-long ban on uranium exploration, says it has not received any bids for the request for proposals (RFPs) covering three areas prospective of the…