US weighs $190M for Locksley’s antimony
Australia’s Locksley Resources (ASX: LKY) has received a letter of interest (LOI) from the U.S. Export-Import Bank (EXIM) for a potential financing of $191 million in support of its antimony…
Financing
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Vianode to build $2B graphite plant in Ontario
Norwegian battery materials producer Vianode says it’s planning to spend $2 billion (US$1.4 billion) on a plant in Ontario for the company’s first large-scale production of synthetic graphite. The staged investment…
Canada backs critical minerals projects worth $6.4B
Canada’s federal government unveiled plans to support 25 new investments it says will help to unlock some $6.4 billion (US$4.6 billion) of critical minerals projects tied to the production of…
Collective extends Apollo gold system in Colombia
Canadian explorer Collective Mining (TSX, NYSE: CNL) has expanded the footprint of its Apollo system at the Guayabales gold project in Colombia and plans to accelerate exploration with as much…
Ontario fast-tracks Frontier Lithium’s PAK
Frontier Lithium’s (TSXV: FL; US-OTC: LITOF) $943-million capex PAK project is Ontario’s first entry in a program to approve mines in two years. Provincial Energy and Mines Minister Stephen Lecce…
US and Japan strike rare earths deal
The United States and Japan have signed a framework agreement to secure the supply of rare earths and critical minerals, aiming to reduce reliance on China’s dominant position in the…
Perpetua gets $255M from JPMorgan, Agnico Eagle
Perpetua Resources (Nasdaq, TSX: PPTA) has secured $255 million in new investments from JPMorgan Chase and Agnico Eagle (TSX, NYSE: AEM), giving the U.S.-focused gold and antimony developer a major…
Milei’s win cements US partnership in Argentina
Argentina’s bid to unlock its vast lithium, copper, oil and gas reserves has gained fresh momentum after President Javier Milei led his far-right party to a landslide victory in Sunday’s…
Could Barrick’s next CEO break up the company?
Spinning off Barrick Mining’s (TSX: ABX; NYSE: B) U.S. assets into a new company or exploring a merger with Newmont (NYSE: NEM) are some of the key options that the…
Friedland-backed scandium miner enters supply deal with Lockheed Martin
Robert Friedland-backed Sunrise Energy Metals (ASX: SRL) could become a long-term supplier of scandium for Lockheed Martin under the recently signed Australia-U.S. critical minerals pact, the company announced late on…
US, Orion, Abu Dhabi plan $5B mining fund
The United States government has teamed up with Orion Resource Partners and Abu Dhabi’s ADQ to create a $1.8 billion fund to invest in critical minerals – another step in…