Lack of capital rises to top risk in EY mining survey
Capital is the top risk facing the mining industry this year, up from the number two spot last year, as tough financing and economic conditions make it more difficult to deliver…
Financing
Lomiko’s Quebec graphite project faces uphill battle in holiday region
Community opposition in Quebec cottage country may sink Lomiko Metals’ (TSXV: LMR; US-OTC: LMRMF) prefeasibility-stage La Loutre project, the seventh-largest undeveloped graphite deposit, after the province denied it funding. The proposed…
Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors (NYSE: GM) has postponed a…
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives. Nearly 80% of mining…
Kodal Minerals may delay Mali’s first lithium
Kodal Minerals (LSE: KOD) has flagged a possible delay in production from its Bougouni lithium project in southern Mali to early 2025 from the originally scheduled fourth quarter this year. …
Denison deal shows slumping battery metals benefiting uranium sector
Foremost Lithium Resource & Technology (CSE: FAT; NASDAQ: FMST), a junior with early-stage projects in Quebec and Manitoba, is pivoting into uranium through a cash and shares earn-in deal with Denison…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…
Washington mulls US$456M loan for American Rare Earths project capex in Wyoming
American Rare Earths (ASX: ARR; US-OTC: ARRNF) gained after reporting the United States is considering US$456 million in debt financing for the company’s Halleck Creek Wyoming project, one of the world’s…
Ivanhoe Electric’s VRB Energy enters vanadium battery JV with Chinese firm
Ivanhoe Electric’s (TSX: IE; NYSE-AM: IE) cleantech subsidiary VRB Energy is forming a joint venture with a Chinese investment firm that will bring in a US$55-million investment and help scale…
JV Video: Peartree CEO sizes up Canada’s unique flow-through regime, changes to fed tax rules
Flow-through financing plays a crucial role in supporting Canada’s junior mining sector. This unique-to-Canada financing model, which PearTree Financial Services helped pioneer, facilitates over 90% of exploration investment across the…
Urbix gets US$125M government grant for Alabama graphite plant
Urbix, a company testing battery material production in the southern United States, has landed a US$125 million grant from the U.S. Department of Energy to build a new graphite processing…
Osisko Metals seeks financing partner on huge Gaspé copper project in Quebec
Osisko Metals (TSXV: OM; US-OTC: OMZNE) is advancing the giant Gaspé copper project in Quebec with an economic study planned for February amid efforts to land a 20% partnership with provincial financing agency…