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…
Financing
Canada scraps federal review of large projects
Canada’s federal government will permit major infrastructure and mining projects with provincial and territorial approvals alone, Prime Minister Mark Carney said Friday evening after meeting with the country’s 13 premiers….
Trump orders mining on federal land, more funding
U.S. President Donald Trump has boosted American critical mineral projects with an executive order accessing government funding and loans while pushing for faster permitting. The new order signed Thursday sets…
Hudbay’s Copper World draws Mid-East, Japanese interest for 30% stake
The sale is expected to close in six months, with Hudbay selling up to 30% of the project.
China boosts exploration funding: Financial Times
China is boosting state support for domestic mineral exploration in an effort to secure dominance in the resource sector amid rising competition from Western rivals, the Financial Times reported on…
Poilievre vows 6-month Ring of Fire OK
Canadian opposition leader Pierre Poilievre says he would give federal approval for the contentious Ring of Fire development in northern Ontario within months if he takes power after an imminent…
USA Rare Earth merges with Inflection Point, debuts with Nasdaq listing
USA Rare Earth (Nasdaq: USAR) went public on Friday as CEO Joshua Ballard and chairman Mike Blitzer rang the opening bell. The company has spent several years privately working to…
Collective soars again as Agnico invests $63M
Collective Mining (TSX, NYSE: CNL) hit a fresh one-year high after the company secured a $63.4 million investment from Agnico Eagle Mines (TSX, NYSE: AEM) in a share offering and…
Bolivia’s lithium deals with China, Russia in limbo
Bolivia is facing mounting public backlash over contracts signed with Chinese and Russian companies late last year to exploit its vast lithium reserves, with community groups arguing the agreements offer…
PDAC shows urgency of getting shovels in ground
Time is of the essence if miners are to deliver the minerals needed to power the energy transition. That sense of urgency was front and centre this week as Toronto…
Lithium Americas nets $250M from Orion for Thacker
Lithium Americas (TSX: LAC; NYSE: LAC) says Orion Resource Partners is investing $250 million (C$357 million) to help develop and build the Thacker Pass lithium project’s first stage in Nevada….
Interview: Wilkinson mulls more tax credits for juniors
Canada’s Minister of Energy and Natural Resources says he’s open to discussing ways to boost funding in junior mining stocks and that he’s concerned infrastructure financing will disappear under potential…