Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
While tech giant Apple scaled new heights to reach over US$194 per share in late June, putting its market cap at an astonishing US$3 trillion, investors are finding junior miners…
Australia’s Lucapa Diamond (ASX: LOM) said on Tuesday it had fully repaid all interest-bearing loans that it borrowed from gold company Equigold and the Industrial Development Corp. of South Africa (IDC). The company,…
As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions. They say share prices are reasonable or low for…
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) is partnering with Antwerp-based SCR-Sibelco NV to advance its lithium exploration projects in Ontario and its plans to build a lithium-hydroxide processing facility….
Terry Lynch, CEO of Power Nickel, says he’s using novel sonar technology to update a resource estimate in September at the Nisk project in Quebec, but a major player may…
Quebec is becoming known for mining project funding that hands out several hundred million dollars a year and promotes the province as a battery metals hotspot. The province’s funding structure…
Early-stage mining projects should keep financing simple to avoid later entanglements, experts told a conference in New York this month. Raising capital through share issues is the easiest path…
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Osisko Metals (TSX: OM; US-OTC: OMZNF) is part of a rising trend tapping private equity to help build projects, but it’s wary of the growing role of “predatory” debt financing. …
The Windfall gold project in Quebec, boosted last week by a $600-million investment by Gold Fields (NYSE: GFI; JSE: GFI), may tweak plans to increase first-year production by a third,…
Atlas Lithium (NASDAQ: ATLX) saw its share price explode on Tuesday after securing US$20 million funding for its flagship hard-rock lithium project in the Lithium Valley area of Minas Gerais,…
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