Agnico Eagle invests $23M for 12% of Canada Nickel
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), the largest gold producer in Canada, has acquired a stake of Canada Nickel Co. (TSXV: CNC; OTCQX: CNIKF) as the junior advances its…
Financing
Cash-strapped Horizonte secures US$20M to advance Araguaia nickel project in Brazil
Nickel developer Horizonte Minerals (AIM: HZM; TSX: HZM) has tapped Glencore (LSE: GLEN), Orion Mine Finance Management and London-based La Mancha Resource Capital for $US20 million to advance the Araguaia…
Pan Am Silver’s La Colorado Skarn project is large but manageable, BMO says
Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Colorada Skarn project in Mexico could mine 50,000 tonnes of ore a day to produce 17.2 million oz. a year of silver,…
Can beaten-up junior miners fight illegal short-selling?
Terry Lynch began to notice unusual price movements in Power Nickel (TSXV: PNPN; US-OTC: PNPNF)’s stock (then called Chilean Metals) years ago. The shares consistently traded down at the end…
Explainer: Naked short selling
This “explainer” is intended to supplement to this recently published story on illegal short selling. Covered vs. naked “Covered” short selling is a legal way to profit in a falling…
Arizona Lithium rides momentum ahead of Prairie project PFS
Arizona Lithium (ASX: AZL) has raised A$16.5 million (US$11 million) in flow-through funding as it prepares to release results of a prefeasibility study for its Prairie lithium project in Saskatchewan….
TechMet urges UK to catch up in critical minerals race
Britain is falling behind European and North American peers in securing local sources of critical minerals, which threatens to hit the car industry the hardest, a government report warns. Successive…
Vista Gold taps Wheaton for $20M royalty to advance Mt. Todd project in Australia
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) is buying a 1% gross revenue royalty on Vista Gold’s (TSX: VGZ; NYSE-AM: VGZ) Mt. Todd project in Australia for US$20…
Green Tech eyes Ontario’s first lithium mine at Seymour as metal price drops
Green Technology Metals (ASX: GT1) is considering its multi-stage $1.8 billion Seymour lithium project to start output in 2026 as Ontario’s first mine for the battery metal. The project including…
Rob McEwen doubles stake in BC-focused junior Goliath Resources
Canadian mining mogul Rob McEwen is upping his stake in Goliath Resources (TSXV: GOT; US-OTC: GOTRF), a junior that’s advancing gold projects in northwestern British Columbia. The chairman and chief…
Fortune Minerals stock gains on government funds for NICO
Fortune Minerals (TSX: FT; US-OTC: FTMDF) shares soared on Tuesday after the Canadian miner announced government funding of up to $887,170 to help advance its longstanding NICO cobalt-gold-bismuth-copper project in…
Top Chinese lithium producers to fund Atlas Lithium project in Brazil
Atlas Lithium (NASDAQ: ATLX) says it’s now fully funded to bring its US$49.5-million Das Neves lithium project in Minas Gerais, Brazil, into production by late next year. The company will…