Spanish Mountain signs $55M royalty deal with Wheaton
Spanish Mountain Gold (TSX-V: SPA) has inked a $55 million (C$75 million) royalty agreement with Wheaton Precious Metals (TSX: WPM) tied to its namesake project in British Columbia, Canada. The…
Stock Markets/Investing
Agnico lines up $3.7B multi-deal to build Finland hub
Agnico Eagle Mines (TSX, NYSE: AEM) is lining up a three-part deal to consolidate a district-scale gold camp in northern Finland, anchored by the $2.9-billion (US$2.1 billion) acquisition of Rupert…
B2Gold trims Q2 output after Goose fire
B2Gold (TSX: BTO, NYSE-A: BTG) says it is expecting lower output from its Goose mine in Nunavut after a fire broke out around the crushing circuit, reducing throughput. The incident…
Banyan Gold hits high on $46.5M capital raise
Banyan Gold (TSXV: BYN) soared to an all-time high on Monday after announcing a capital raise of $46.5 million for its flagship AurMac property in Canada’s Yukon Territory. In a…
Fortuna Mining enters Guyana with Quartzstone deal
Fortuna Mining (TSX: FVI; NYSE: FSM) is expanding beyond its traditional hubs with a new earn-in agreement that will allow it to gain a foothold in the prospective Guiana Shield. Vancouver-based…
New Found Gold finances $205M for Queensway
New Found Gold (TSXV: NFG; US-NYSE-A: NFGC) says it has locked down $205 million in equity and debt financing for its Queensway development in Newfoundland. The mining company structured the…
Environmental group sues US Interior for approving rare earth mining in Mojave Desert
An environmental advocacy group is suing the Department of the Interior (DOI) over its decision to greenlight a rare earth mining project located within the Mojave National Preserve a year…
Mangrove opens Delta refinery to close lithium gap
Privately held Mangrove Lithium on Thursday opened North America’s first commercial electrochemical lithium refinery, adding a missing piece to Canada’s battery supply chain. The facility in Delta, about 30 km…
Juno wins discovery award for Big Thunder
Private Ontario explorer Juno Corp. has won the Bernie Schnieders Discovery of the Year Award from the Northwestern Ontario Prospectors Association (NWOPA) for its Big Thunder gold discoveries in the…
USA Rare Earth produces first commercial-grade yttrium
USA Rare Earth (Nasdaq: USAR) produced yttrium commercially for the first time, another step in the miner’s efforts to create a rare earth value chain capable of serving Western markets….
Blue Moon outlines 1% copper mine in Norway
Blue Moon Metals (TSXV: MOON; Nasdaq: BMM) says a newly feasibility study for its Nussir copper project in northern Norway has confirmed what it calls a “long-life asset with strong…
Uranium Royalty to buy Sweetwater in $1.1B deal
Canada’s Uranium Royalty (TSX: URC; Nasdaq: UROY) agreed to buy privately held Sweetwater Royalties for about $1.1 billion (C$1.5 billion) to diversify and capitalize on rising demand for nuclear fuel….