Amaroq raises £45M to fund Greenland expansion
Amaroq Minerals (LSE-A, TSXV: AMRQ) has raised £45 million (C$83.2 million) in an oversubscribed financing round to expand Nalunaq gold mine production in Greenland, a territory that has piqued the…
Financing
Perseus falls on gold output forecast
Shares in Perseus Mining (ASX, TSX: PRU) fell on Wednesday after the Africa-focused gold miner said annual output is sill affected by developing the Nyanzaga project in Tanzania that is…
BC mining must deliver on its potential: PwC
British Columbia’s mining industry is entering a crucial stage rich in opportunity for critical minerals and gold, but it’s still dogged by slow permitting and widespread uncertainty, according to global…
Northern Dynasty CEO sees Trump as pro-Pebble
Could this be the year that Northern Dynasty Minerals’ (TSX: NDM, NYSE: NAK) controversial Pebble polymetallic project in southwest Alaska finally makes strides? Northern Dynasty – together with the state…
Surge Battery PEA posts $9.2B lithium project value
Surge Battery Metals (TSXV: NILI; US-OTC: NILIF) has issued a preliminary economic assessment (PEA) for its Nevada North lithium project that outlined what could be a low-cost, long-life producer of…
Galantas inks JV to revive Omagh gold mine in Ireland
Galantas Gold (TSX-V, LSE-A: GAL) has signed a “turning point” joint venture agreement with Ocean Partners UK to restart underground operations at its Omagh gold project in Northern Ireland. Under…
Talon falls to offer price funding Rio nickel JV
Talon Metals (TSX: TLO; US-OTC: TLOFF) plans to raise about $24 million (US$17.6 billion) to fund the development of its feasibility-stage Tamarack nickel-copper-cobalt project led by Rio Tinto (NYSE, LSE,…
Quebec’s Dumont nickel project on new EU list
The Dumont project in Quebec, one of the world’s largest undeveloped nickel-cobalt deposits, is among global critical mineral developments the European Union wants to invest in as China limits exports. …
Generation Mining hits 20-month high
Generation Mining (TSX: GENM, US-OTC: GENMF) shares nearly hit a two-year high Friday as it spotlighted Ontario government support for its $990-million capex Marathon copper-palladium project. Located 300 km east…
Allied Gold lists on NYSE Monday
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is set to begin trading on the New York Stock Exchange starting Monday after obtaining all regulatory approval. The stock will trade under the…
Marimaca Copper surges on $24M financing
Marimaca Copper (TSX: MARI; ASX: MC2) has surged by double digits after announcing on Wednesday a $24.4-million (US$17.7-million) private placement to fund its feasibility-stage namesake project in Chile. The offering…
Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….