Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
Financing
How Lassonde, MAC, Selby assess Canada’s permitting and Carney’s Major Projects Office
If Canadians were unfamiliar with the Ring of Fire before Game One of the World Series between the Toronto Blue Jays and the Los Angeles Dodgers, they were well-versed by…
Guinea looks downstream past Simandou start
As the Rio Tinto-led (ASX, LSE: RIO) $23.5-billion Simandou iron ore mine started officially this week in Guinea, the West African country under military rule said it wants to expand…
Canada Nickel on federal short list, Star says
Canada Nickel’s (TSXV: CNC: US-OTC: CNIKF) proposed Crawford mine in Ontario may be among a new batch of projects due to join a federal fast track on Thursday, according to…
Nuclear to get lion’s share of U.S. loans: official
Nuclear power will receive most of the money from the U.S. Energy Department’s loan office as part of a government push to ensure new reactors are built quickly, Energy Secretary…
Fortune lands more funding for Alberta refinery
Fortune Minerals (TSX: FT; US-OTC: FTMDF) says it plans to accept a small loan from the Northwest Territories to buy a refinery site for the world’s largest bismuth deposit. The…
Tactical raises up to $140M for Texas rare earths project
Tactical Resources (TSX-V: RARE; US-OTC: USREF) said U.S. asset manager Yorkville Advisors Global agreed to provide up to $140 million (C$196 million) in financing – a move that will help…
Vedanta starts CopperTech Metals in US
Vedanta Resources is spinning out U.S.-domiciled CopperTech Metals to boost the parent company’s $3-billion investment in Konkola Copper Mines in Zambia. CopperTech plans to invest $1.5 billion more in Konkola,…
Electra restarts construction at Ont. cobalt refinery
Electra Battery Materials (TSX-V, Nasdaq: ELBM) said it’s resumed construction at its Ontario cobalt sulfate refinery after securing about $82 million (C$115 million) in project financing. The stock soared. Work…
U.S. export bank signals $200M for Pumpkin Hollow
Letter of interest outlines $180m in potential funding to complete the fully financed restart of the underground copper mine in Nevada, and $20 million to advance technical work.
Blue Gold secures $140M to restart Ghana gold mine
Shares of Blue Gold (Nasdaq: BGL) jumped as much as 9.6% Wednesday after the junior miner announced it had secured an additional $65 million in funding to restart the Bogoso…
Canadian federal budget promises billions for mining
Canada’s Liberal government plans to form a $2-billion sovereign fund for critical minerals, earmark hundreds of millions in mining industry spending and widen exploration tax credits to a dozen other…