NioBay seeks partners to advance Crevier project
Junior explorer NioBay Metals (TSXV: NBY; US-OTC: NBYCF) is looking for financial backers to speed up development of its Crevier niobium-tantalum project in northern Quebec and pave the way for…
Financing
Westwin to build $502M nickel refinery in Mississippi
Westwin Elements plans to invest $502 million over five years to build a commercial-scale high-purity nickel refinery in Mississippi, as the U.S. seeks to expand domestic processing of critical minerals….
World Bank backs $1.4B for Chile’s copper giant
The World Bank Group is holding up a financing structure used by Chile’s state-owned Codelco as a model for mineral-rich countries seeking to attract long-term private capital while reducing mining’s…
Glencore gets RIGI nod for $4B Argentina copper project
Glencore (LSE: GLEN) has secured Argentine government approval for its $4 billion (C$5.7 billion) Agua Rica copper project under the country’s special investment incentive program, clearing a significant hurdle for…
New $850M debt deal moves Troilus copper-gold project closer to full funding
A new debt-financing accord brings Troilus Mining (TSX: TLG; US-OTC: CHXMF) closer to securing the entire capital needed to develop its namesake copper-gold project in Quebec. Germany’s KfW IPEX-Bank and France’s…
Mining’s future is up for sale
Streaming has moved far beyond its origins as a niche financing tool for cash-strapped miners, with multibillion-dollar deals and a growing secondary market turning rights to future metal production into…
Elevra fires up NAL lithium mine expansion
Elevra Lithium (ASX: ELV; Nasdaq: ELVR) has started building a $366-million (US$271-million) expansion of its North American Lithium mine in Quebec and is negotiating another price-protected offtake as it moves…
Mayfair lines up $310M for Ontario gold project
Mayfair Gold (TSXV: MFG; NYSE-A: MINE) has reached a preliminary financing agreement with Australia’s Macquarie Bank for up to $310 million (US$218 million) to help develop its Fenn-Gib gold project…
North America is building rare earth plants faster than it is building rare earth engineers
On Aug. 7, as U.S. President Donald Trump hosted mining executives at a roundtable in Washington, representatives of all 14 accredited U.S. mining schools attended a parallel Department of Energy…
SuperCritical tests seawater uranium system
SuperCritical Materials has partnered with the University of Michigan to test whether technology for extracting uranium from seawater can withstand the mechanical demands of industrial-scale marine deployment. The research will…
Rainbow taps Neo to advance South African rare earths
Rainbow Rare Earths (LSE: RBW) has selected Neo Performance Materials (TSX: NEO) to help design the final separation circuit at its Phalaborwa rare earths project in South Africa, clearing the…
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access to the region’s resources, the…