VIDEO: Ross Beaty on what’s next for junior miners as investors shun the space
Mining veteran Ross Beaty says he’s never seen a market like the current one, where gold and copper are at or near all-time highs, but “there’s absolutely no money for…
Financing
Uranium Royalty cashes up to fund future deals
Uranium Royalty (TSX: URC; NASDAQ: UROY), the world’s only uranium-focused royalty and streaming company, is raising US$22.9 million to fund future royalty acquisitions as well as physical uranium purchases. The…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
Fission wants to split uranium project costs with a partner in Saskatchewan
Fission Uranium (TSX:FCU; OTCQX: FCUUF) plans to fund the $1.5-billion Patterson Lake South project in northern Saskatchewan mostly with debt but it’s considering taking on a partner to help pay for…
Former Fortescue execs launch green iron startup
Two former executives that worked at Fortescue’s clean energy initiatives, Michael Masterman and Bart Kolodziejczyk, have launched a startup that aims to cut carbon emissions of the Australian iron ore…
Montage hikes Koné gold project economics in Africa
Montage Gold (TSXV: MAU; US-OTC: MAUTF) plans to start building its US$712 million Koné gold project in Côte d’Ivoire late this year after an updated feasibility study nearly doubled its net…
Sumitomo invests $14.5M for 9.9% of FPX Nickel
Sumitomo Metal Mining Canada is investing about $14.5 million in FPX Nickel (TSXV: FPX; US-OTC: FPOCF), which holds the Baptiste greenfield development project in British Columbia. The private placement of…
Eldorado Gold buys 9.9% of Amex Exploration to boost Perron project in Quebec
Eldorado Gold (TSX: ELD; NYSE: EGO) is buying almost 10% of Amex Exploration (TSXV: AMX; US-OTC: AMXEF) to advance the Perron gold project in the same northern Quebec district as…
Taseko inks US$50M royalty deal to speed up Florence copper mine construction
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has inked a deal with Taurus Mining Royalty Fund that would allow it to speed up construction of its Florence copper mine…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Samsung SDI buys Canada Nickel stake, right to acquire 10% of Crawford
South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF), which is developing the Crawford nickel sulphide project in…
Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…