Financing: US Energy Dept. hands out billions
In mid-December, the U.S Department of Energy announced a conditional loan of US$755 million to battery materials and technology company Novonix to build a plant in Tennessee for manufacturing synthetic…
Financing
Asante Gold’s feasibility extends Bibiani 7 years
Asante Gold‘s (CSE: ASE USOTC: ASGOF) new definitive feasibility study (DFS) confirms the potential to extend Bibiani in Ghana by at least seven years through mining underground reserves below the…
Copper smelting fees to remain low amid tight supply
Copper concentrate treatment and refining charges (TC/RCs) paid by mining companies to smelters are expected to stay depressed throughout 2025 amid reduced supply, according to commodity analysis firm Fastmarkets. In…
Mali airlifts gold from Barrick mine: Reuters
The Malian junta is choppering gold stockpiles out of Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto complex, Reuters reports. The airlift began Saturday, the newswire said, citing four sources close…
Hudbay increases stake in Arizona Sonoran to 9.99%
Hudbay Minerals (TSX, NYSE: HBM) has upped its stake in Arizona Sonoran Copper (TSX: ASCU, OTCQX: ASCUF) with the purchase of 11.85 million shares under a private placement. The Arizona…
Altius Minerals wins arbitration decision on Nevada gold royalty rights
Altius Minerals (TSX: ALS; US-OTC: ATUSF) says it’s won a partial arbitration ruling that could give the company expanded royalty rights over the Silicon gold district of Nevada. Shares of…
US Copper hikes California project value to US$1B
US Copper (TSXV: USCU; US-OTC: USCUF) has highlighted the economic potential of its Moonlight-Superior project in California with a new independent technical report calculating its after-tax net present value at…
Gates, Bezos-backed KoBold Metals raises US$537M in race for critical minerals
KoBold Metals has raised US$537 million in its latest funding round as it seeks to become a key player in critical minerals needed for the energy transition. Supported by investors such…
ACG’s US$200M in bonds to finance Turkey copper mine
ACG Metals (LSE: ACG), founded by a mining executive who helped create aluminum giant Rusal, plans to raise US$200 million in bonds to help fund the Turkish copper mine it bought…
Hudbay gains all permits for Copper World in Arizona
Hudbay Minerals‘ (TSX, NYSE: HBM) proposed 85,000-tonne-per-year Copper World project in Arizona is now fully permitted for development after receiving all three key state-level approvals. The Arizona Department of Environmental…
Manganese X secures $2M investment from Sprott
Manganese X Energy (TSXV: MN) has secured a $2-million investment from Canadian mining billionaire Eric Sprott to support its Battery Hill project in New Brunswick. Shares of the manganese developer…
London Symposium JV Video: Osisko Metals adds Burzynski, $100M copper project funding
Osisko Metals (TSXV: OM; US-OTC: OMZNE) is progressing its Gaspé copper project in Quebec with $100 million in new financing and a board now featuring industry heavyweight John Burzynski. The new…