Botswana, De Beers sign overdue diamond deal
Botswana’s government signed on Tuesday a long-delayed diamond mining and sales agreement with Anglo American (LSE: AAL) unit De Beers, the world’s leading diamond producer by value. As part of…
Financing
Ascot finds $65M to reboot Premier gold mine
Ascot Resources (TSX: AOT; USOTC: AOTVF) has lined up a financing of up to $65 million to get its delayed Premier gold project in British Columbia restarted in July. On…
Anglo, Codelco strike $5B copper deal
Anglo American (LSE: AAL) and Chile’s state-owned Codelco have signed an agreement to jointly develop their neighbouring Los Bronces and Andina operations, a move that will see the partners produce…
Wyloo, Hastings form Yangibana rare earths JV
Australian tycoon Andrew Forrest’s Wyloo has agreed to form an unincorporated joint venture with Hastings Technology Metals (ASX: HAS) for the Yangibana rare earths and niobium project in Western Australia….
Grid Metals signs cesium supply deal with Tanco
Grid Metals (TSX: GRDM; US-OTC: MSMGF) agreed to supply China-controlled Tantalum Mining (Tanco) with cesium in exchange for exploration funding on the Donner and Falcon West projects in Manitoba. Tanco…
Juniors shine on TSXV 50 ranking
A handful of Canadian juniors have rocketed to the top of the TSX Venture Exchange’s 50 highest-performing emerging companies last year, according to data from parent company TMX. Power Nickel…
Founders’ value doubles after Suriname project strides
After a strong year of high-grade gold drill results at its Antino project in Suriname, Founders Metals (TSXV: FDR; US-OTC: FDMIF) has started off 2025 on the front foot. In…
Ivanhoe Electric raises $60M for Arizona copper project
Ivanhoe Electric (NYSE-A: IE; TSX: IE) plans to raise $60 million (C$85.8 million) for its Santa Cruz copper project in Arizona. The company said this week it’s selling 10.25 million…
Ecuador’s mining uncertain with socialist in runoff
Ecuador’s mining industry is bracing for potential changes as the nation’s main socialist party gains momentum in the presidential race headed for a runoff in April. Luisa González, a protégé…
Novare to fund $100M critmin refinery, Africa’s first
ReElement Technologies, a subsidiary of American Resources (NASDAQ: AREC), has partnered up with Johannesburg-based investment firm Novare to build a $100-million (C$70-million) critical and rare earth elements refinery. Under the…
Ascot faces cash shortage, delays Premier restart
Ascot Resources (TSX: AOT, OTCQX: AOTVF) said on Wednesday that it will delay the restart of milling operations at its Premier gold project in British Columbia, which would place the…
Mining Indaba: ESG costs could derail African projects, study finds
Some African mining projects could be shelved by the high cost of meeting Western environmental, social and governance criteria, according to a recent study from South African bank Absa. African…