Faraday jumps on Lundin-, BHP-backed $100M deal
Faraday Copper (TSX: FDY) is raising $100 million (US$73 million) through a private placement backed by the Lundin Family Trusts and BHP Group (ASX: BHP) to fund the ongoing development…
Financing
Lundin Gold sells silver stream to LunR in $670M deal
Lundin Gold (TSX: LUG) said it will sell a silver stream on its Fruta del Norte mine in Ecuador in return for newly issued shares of LunR Royalties (TSX-V: LUNR)…
First Quantum’s Argentina copper mine valued at $5.9B
A new technical report on First Quantum Minerals’ (TSX: FM) Taca Taca copper-gold project in northwest Argentina shows the project’s value has more than doubled in five years thanks in…
Orla sees $1.3B value in Mexico underground mine
Orla Mining (TSX: OLA) (NYSE: ORLA) said a preliminary economic assessment (PEA) shows an underground mine at its Camino Rojo property in Mexico would extend the operation’s projected life and…
Vale to sell Manitoba nickel complex to investor group
Brazilian mining giant Vale (NYSE: VALE) is selling control of Manitoba’s Thompson nickel mine complex to a trio of investors that agreed to inject up to US$200 million ($280 million)…
Rio gains control of Nemaska, eyes $300M investment
Rio Tinto (ASX, LSE, NYSE: RIO) said it plans to invest more than $300 million (C$411 million) this year to expand its lithium business in Quebec after assuming control of Nemaska…
Gold, rare earths top TSXV’s performers
Gold’s surge to record highs and renewed interest in rare earths did more than lift producers in 2025, it propelled some of the industry’s riskier themes to the top of…
Indaba: New Cold War for minerals tests Africa’s ability to leverage huge resources
Africa’s vast critical-mineral endowment has thrust the continent to the centre of intensifying rivalries between the United States, China and other powers, but its future will depend more on governance…
i-80 Gold secures $500M for Nevada growth
i-80 Gold (TSX: IAU; NYSE-A: IAUX) surged to its highest in nearly three years on Thursday after securing a $500-million financing package to fund its mine development plans and erase…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
Ascot rebrands under new CEO to restart troubled Premier gold mine in BC
Ascot Resources (TSXV: AOT.H) plans to rebrand in a fresh start under new leadership to advance two projects in British Columbia including what was once the continent’s biggest gold mine. …
Australia’s St Barbara unveils bold Canadian push
Australia’s St Barbara (ASX: SBM) has unveiled an aggressive exploration strategy in Nova Scotia, Canada, as it advances plans to redevelop its 15-Mile open pit gold mine and processing hub…