Crater Lake’s scandium resource boosted 38%
Scandium Canada (TSXV: SCD) said new data show a 38% increase in indicated resources at its Crater Lake project in northern Quebec. Indicated resources in Crater Lake’s TG zone are…
Financing
PDAC JV video: Power Metallic adds drills to expand Nisk, CEO says
Power Metallic (TSXV: PNPN; OTCBB: PNPNF), previously known as Power Nickel, raised $50 million in February to support exploration at its Nisk project in northwestern Quebec, CEO Terry Lynch says….
Peru’s Alpayana boosts hostile bid for Sierra by 31%
Peruvian miner Alpayana sweetened its hostile takeover bid for Sierra Metals (TSX: SMT) by 31% after the Canadian company rejected its initial salvo. The stock surged. Alpayana is now offering C$1.11 (US79¢)…
Ukraine mineral reserves likely too small to spur foreign miner rush: report
Persistent security concerns and widespread skepticism over the size of Ukraine’s mineral reserves mean Western resource investment in the country is unlikely to take off anytime soon even if a…
Argentina’s economic rock star Milei attracts mining
Argentine President Javier Milei, who took office two years ago in a chainsaw-wielding campaign against big government, has slashed inflation by nearly two-thirds after gutting public spending and halting money…
Collective to expand 2025 Colombia drill program
Canadian explorer Collective Mining (TSX, NYSE: CNL) said it will expand drilling in Colombia this year while speeding up various studies in a bid to secure permits faster. The revised…
Funding propels Fortune closer to NWT bismuth decision
Cross-border government aid is helping Canada’s Fortune Minerals (TSX: FT) approach a construction decision next year on its main Nico cobalt-gold-bismuth-copper deposit in the Northwest Territories. Fortune secured grants last…
China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Interview: G Mining may issue debt, CEO says
Canadian gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will consider tapping the debt markets if it moves ahead with its $936 million (C$1.34 billion) Oko West gold project…
EU selects 47 strategic critical minerals projects
The European Union has published its first list of strategic projects strengthening the local extraction, processing and recycling of 14 of the 17 materials it deems critical for its energy transition and…
Sanu Gold rises as Montage, Lundin maintain backing
Sanu Gold (CSE: SANU; US-OTC: SNGCF) shares hit their highest level in two years on Tuesday after the West Africa-focused junior announced a private placement backed by Montage Gold (TSXV:…
Rare Element Resources nears $553M funding for Wyoming project
The U.S. Export-Import Bank (Exim) has expressed interest in providing a loan of up to $553 million (C$763 million) for Rare Element Resources (US-OTC: REEMF) to develop its rare earths…