Aclara Resources to start rare earths production in Brazil in 2027
Rare earths developer aims to move forward the beginning of operations at its flagship Carina project to 2027 from 2029.
Financing
Canada Nickel negotiates another $500M for Crawford project
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) says it’s received its second significant pledge in two weeks to fund the northern Ontario Crawford project, which could be the world’s largest nickel…
Beaver Creek: Fury Gold CEO slams market for stalled share price despite Quebec discovery
Beaver Creek, Colo. – Fury Gold Mines (TSX: FURY; NYSE: FURY) CEO Tim Clark says the market is undervaluing the company’s portfolio despite delivering a resource expansion and recent exploration…
Great Bear PEA suggests multi-decade Kinross gold mine in Ontario
When Kinross Gold (TSX: K; NYSE: KGC) bought the Great Bear project in northern Ontario’s prolific Red Lake district two and a half years ago, its thinking was to acquire…
Electra shares up on US$20M funding bid for Ontario cobalt refinery
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) said on Tuesday it has received a US$20 million investment proposal from an unnamed arm’s-length party, matching the funding amount it recently secured…
SQM deal with Andrada taps into Namibian lithium
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, has entered into a three-stage earn-in agreement with South Africa-based Andrada Mining (LSE: ATM) to jointly develop the Lithium Ridge asset…
AngloGold, Regis to take Havana gold mine underground
Tropicana gold mine partners Regis Resources (ASX: RRL) and AngloGold Ashanti (NYSE: AU; JSE: ANG) are going ahead with the A$114-million (US$76 million) Havana underground project in Western Australia. The…
Ascot halts Premier gold mine operations in BC just months after first pour
The Toronto-quoted shares of Ascot Resources (TSX: AOT; US-OTC: AOTVF) cratered Friday after suspending operations at its Premier gold mine less than five months after celebrating its first gold pour….
Canada Nickel may net US$500M Ottawa loan for giant Crawford project
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) says a Canadian government agency might loan it US$500 million for its Crawford project in northern Ontario, which could become the world’s largest nickel-cobalt…
Thesis Gold boosts investment return at Lawyers-Ranch project in BC
A new study combining Thesis Gold’s (TSXV: TAU; US-OTC: THSGF) Ranch gold-silver project in British Columbia with Lawyers, acquired through its takeover of Benchmark Metals last year, shows a 35% post-tax…
Codelco pays US$520M for Enami’s 10% stake in Teck’s Quebrada Blanca copper mine in Chile
The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco’s annual output.
Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba deposit while the military government…