Ivanhoe Electric gets $200M loan for U.S. copper mine
Ivanhoe Electric (NYSE-A, TSX: IE) says it’s secured a $200 million (C$280 million) bridge loan from a bank syndicate amid a push to build the next major United States copper…
Copper
Nouveau Monde, Northcliff, Canada Nickel on Ottawa’s fast track, CBC reports
The next batch of Canadian mining projects due for federal fast-tracking includes Northcliff Resources’ (TSX: NCF; US-OTC: NCFFF) tungsten proposal in New Brunswick, Nouveau Monde Graphite (NYSE: NMG; TSX.V: NOU)…
How Lassonde, MAC, Selby assess Canada’s permitting and Carney’s Major Projects Office
If Canadians were unfamiliar with the Ring of Fire before Game One of the World Series between the Toronto Blue Jays and the Los Angeles Dodgers, they were well-versed by…
Marimaca oxide project gets Chile environmental nod
Marimaca Copper (TSX: MARI, ASX: MC2) says it has received formal environmental approval to develop its flagship oxide project in northern Chile, placing it closer to construction-ready status. The Marimaca…
Canada Nickel on federal short list, Star says
Canada Nickel’s (TSXV: CNC: US-OTC: CNIKF) proposed Crawford mine in Ontario may be among a new batch of projects due to join a federal fast track on Thursday, according to…
China minerals curb could cost US GDP $1B: Macquarie
China’s export controls on certain critical minerals could cut gross domestic product in the United States by more than $1 billion a year, even if U.S. reliance on Chinese imports…
Fortune lands more funding for Alberta refinery
Fortune Minerals (TSX: FT; US-OTC: FTMDF) says it plans to accept a small loan from the Northwest Territories to buy a refinery site for the world’s largest bismuth deposit. The…
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Sibanye pays Appian $215M to settle dispute
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has agreed to pay $215 million to settle its dispute with Appian Capital Advisory over its cancelled purchase of two of the firm’s Brazilian assets….
US confirms copper, silver as critical minerals
The United States has added copper, silver and uranium to an expanded list of critical minerals that it deems are vital to America’s economy and national security. The new list,…
Vedanta starts CopperTech Metals in US
Vedanta Resources is spinning out U.S.-domiciled CopperTech Metals to boost the parent company’s $3-billion investment in Konkola Copper Mines in Zambia. CopperTech plans to invest $1.5 billion more in Konkola,…
Blast from the Past: US proposes huge mining program
In early 1942, with America newly at war and global supply lines shattered, the U.S. Bureau of Mines unveiled an ambitious plan to secure the raw materials needed to arm…