Congo copper exports to US begin via Angola railway to Atlantic
A cargo of copper cathodes is headed to Baltimore after arriving by train at the port of Lobito in Angola on Monday.
Financing
Perseus sells Montage Gold stake for $61M
Perseus Mining (ASX, TSX: PRU) has divested its equity stake in Canada’s Montage Gold (TSXV: MAU) for $61.4 million to help finance an investment in a Guinea gold project. The…
Brazil Potash plans IPO to fund US$2.5B Autazes project
The company has filed a preliminary prospectus for the offering with the US Securities and Exchange Commission.
E3, Pure Lithium advance battery plant plan to tap Alberta brine
E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) has extended its partnership with Pure Lithium to advance the design of an anode and battery pilot plant in Alberta as well as study…
Electra surges on US$20M Washington funding for Ontario cobalt refinery
Electra Battery Materials’ (TSX-V: ELBM; NASDAQ: ELBM) shares jumped 40% Monday on news it received US$20 million from the United States’ Department of Defense (DoD) to help develop its cobalt…
Euro Manganese shares jump after offtake deal with US cathode specialist
The seven-year deal will account for a “significant percentage” of Chvaletice manganese production.
Qatar joins US in backing privately held critical minerals play TechMet
Since inception, TechMet has invested more than $450 million into projects across North and South America, Europe and Africa.
TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
Site visit: Dolly Varden Silver targets high-grade expansion at Kitsault Valley in BC
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) says drilling at its Kitsault Valley project in northern British Columbia is on track to meet this year’s exploration targets as the company…
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
NexGen’s Rook I uranium project costs soar
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) says inflation and improved engineering have pushed construction costs for its permits-stage Rook I uranium project in Saskatchewan nearly 70% higher than a…
Gold Fields buys into Torq’s copper project in Chile
Gold Fields (NYSE: GFI; JSE: GFI) may invest US$48 million to advance Torq Resources’ (TSXV: TORQ; OTC: TRBMF) early-stage Santa Cecilia copper-gold project in Chile, according to a preliminary joint venture agreement. …