Robex files prospectus for $77M Australia IPO
Canadian miner Robex Resources (TSX: RBX) filed a prospectus with Australian securities regulators for an estimated A$120 million (US$77 million) initial public offering that will help pay for a new…
Stock Markets/Investing
Energy Fuels mills rare earths in US that China limits
Energy Fuels (TSX: EFR; NYSE-A: UUUU) says it has successfully developed technology capable of producing six of the seven rare earths oxides at scale, that are now subject to the…
Citi softens short-term bearish outlook on copper
Citigroup has softened its short-term bearish outlook on copper by lifting its three-month price target to $8,800 a tonne, citing United States President Donald Trump’s recent decision to suspend many…
Paladin faces irate investors in class action
Paladin Energy (ASX, TSX: PDN, US-OTC: PALAF) says it will challenge a class action suit in Australia alleging the uranium producer’s output forecast misled investors. The case filed with the…
MinRes board rocked as investigating directors resign
Shares in Australia’s Mineral Resources (ASX: MIN) dropped 9% on Wednesday after two board members, who also sat on the corporate governance committee set up to investigate the company’s founder,…
Greatland Gold’s Telfer forecast eases output
Greatland Gold (LSE: GGP) is envisioning annual gold production of 280,000-320,000 oz. over the next two fiscal years from the Western Australia Telfer mine, which it bought from Newmont (TSX:…
Ivanhoe Electric lines up $825M loan for copper project
Ivanhoe Electric (TSX, NYSE: IE) said the United States export credit agency is interested in lending up to $825 million (C$1.15 billion) for the company’s Santa Cruz copper project in…
Mali closes Barrick’s office over alleged taxes: Reuters
Authorities in Mali have shuttered Barrick Gold’s (NYSE: GOLD; TSX: ABX) office in the capital, Bamako, over what they claim is unpaid tax, Reuters reported, citing sources with knowledge of the…
Ascot targets August restart at Premier in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is targeting an August return to production for its Premier gold project in northwestern British Columbia following the completion of a $61.1-million financing to…
First Quantum buys into Prospect to spur Zambia copper
Canada’s First Quantum Minerals (TSX: FM) is acquiring a 15% stake in Prospect Resources (ASX: PSC), a battery and electrification metals developer based in Australia, as it deepens its presence…
PDAC video: Seequent enables data control for miners with Evo launch, CEO says
Seequent has launched its cloud-based Evo platform to digitally connect geoscience data environments, CEO Graham Grant said in a video interview. Seequent built Evo to solve a problem its first…
Antofagasta to invest $200M in Cachorro copper project
Chilean miner Antofagasta (LSE: ANTO) has earmarked $200 million over seven years for a new exploration stage at its Cachorro copper project in the country’s north. The move follows the…