Northern Graphite taps fed funds for Quebec mine
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) has been given a lifeline to extend operations at its main Lac des Îles mine in Quebec, the only graphite producer in North America,…
Financing
Troilus, Torngat ink offtakes on Carney’s German mission
Troilus Gold (TSX: TLG; US-OTC: CHXMF), which is developing a $1.1-billion (US$800-million) capex brownfield mine project in Quebec, has signed a preliminary copper offtake agreement with a German smelter during Prime…
Iron ore prices gain after death halts Rio’s Simandou
Iron ore prices climbed to a one-week high on Monday after Rio Tinto (NYSE, LSE, ASX: RIO) suspended operations at its Simandou project in Guinea when an incident killed a…
Aldebaran denies $1.5B Altar project cost on Reuters
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) disputes a Reuters report on Friday that an economic study due next month on the Altar copper-gold project in Argentina will show costs of…
Gold boom drives rising costs for Aussie producers
As Australian gold producers set forecasts for their 2026 performance, a clear trend has emerged that sets them apart: costs are expected to rise even as non-gold miners predict lower…
Electra seeks cash for stalled cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it is restructuring its finances to complete what may be North America’s first cobalt sulphate refinery. The battery metals developer said Thursday it…
Brazil Potash lands offtake for giant Amazon project
Brazil Potash (NYSE: GRO) says it has secured a 10-year commercial offtake agreement with mid-tier fertilizer company Keytrade of Switzerland for the Autazes project in the Amazon, the region’s largest. …
Aldebaran suggests $1.5B to build Altar in Argentina
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says an economic study due next month on its Altar copper-gold project in Argentina will contain a $1.5-billion (C$2.09-billion) construction figure. The preliminary economic…
Barrick’s Reko Diq in line for $410M financing
The Asian Development Bank (ADB) is to provide a $410-million (C$570-million) package to help build Barrick Mining’s (TSX: ABX; NYSE: B) Reko Diq copper-gold project in Pakistan, one of the…
Copper developer lands LA fund manager’s $140M
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a Vancouver-based junior advancing the Nussir copper project in Norway, has secured at least $140 million (C$194 million) in financing from Hartree Partners…
Viridis doubles REE tonnage in Brazil
Viridis Mining and Minerals (ASX: VMM) has unveiled an initial reserve estimate of more than 200 million tonnes at its Colossus ionic adsorbed clay project in Brazil, underpinning a potential high-grade rare…
Canada gets first bullet-proof steel plant
Canada is building its first plant to produce bullet-proof steel after a federal trade mission to Sweden inked a $100-million (US$72.2 million) deal. Ontario-based armoured vehicle maker Roshel and Swedish…