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…
Financing
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…
Why artisanal miners need a digital investment market
A group of financial and industry backers for artisanal mining (ASM) plans to set up a digital marketplace where this vast informal sector can find support and funding online. ASM…
Skeena’s Eskay Creek bulk sample permit unlocks US$200M in gold project funding
Skeena Resources (TSX: SKE; NYSE: SKE) can proceed with a 10,000-tonne bulk sample and infrastructure construction at its Eskay Creek gold project in northwestern British Columbia under a new permit that…
Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina
Rincon is the company’s first commercial-scale lithium operation.
Economics, not regulation, the main reason behind delay in BC’s mines, study shows
Contrary to popular perception, stringent regulation may not be the biggest factor behind the delay of mining projects in British Columbia, according to a new study published in the Royal…