BMO emerges as top advisor for M&A
BMO Capital Markets emerged as the top financial adviser for mergers and acquisitions (M&A) in the global mining sector by value as well as volume through the first three quarters…
News
Giga Metals targets battery market with Turnagain nickel project
Giga Metals (TSXV: GIGA; US-OTC: HNCKF) has tabled an updated preliminary economic assessment (PEA) on its Turnagain nickel-cobalt project in B.C., 65 km east of Dease Lake. The early-stage study…
Adriatic Metals secures US$28M financing package
Adriatic Metals (LSE: ADT2; ASX: ADT) has signed agreements to raise US$28 million from two new investors – Queen’s Road Capital Investment and the European Bank for Reconstruction and Development…
Top 20 mining companies by capital raised
The extraction of metals and minerals is a capital intensive endeavour. Mining companies require hundreds of millions of dollars, and in many cases, billions, to take a project from exploration…
Chairman offers to take Kazakhstan’s Kaz Minerals private
Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals (LSE: KAZ), are proposing a buyout offer of the pure-play copper company. Their company, Nova Resources, in…
Pilbara reveals plan to buy Altura for US$175M
Australian lithium producer Pilbara Minerals (ASX: PLS) has signed a conditional agreement with a group of lenders to buy embattled rival Altura Mining for US$175 million. The West Perth-based miner…
Brixton teams up with Friedland’s HPX on polymetallic project in Montana
Brixton Metals (TSXV: BBB) has entered a joint venture agreement on its wholly owned Hog Heaven project with High Power Exploration (HPX), a privately owned mining company led by billionaire…
Nouveau Monde signs agreement to develop high-purity graphite products
As part of its plan to become a vertically integrated graphite company, Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) has signed an agreement with a leading chemical company that will…
The Northern Miner Podcast – episode 210: Jeffrey Christian on US elections, JP Morgan, crypto and the 2021 precious metals outlook
This week’s episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on the U.S. elections, digital currencies, JP Morgan’s spoofing scandal, and Bitcoin vs. gold as stores…
China’s new infrastructure plan to boost metal demand: Fitch
China’s acceleration of its ‘new infrastructure’ plan will support the government’s beneficiation ambition in the metals industry, boosting production of high-end metals as opposed to primary metals, industry analyst Fitch…
New Found Gold drills long intervals of high-grade gold in Newfoundland
Drilling around last year’s discovery hole at the Keats zone within New Found Gold’s (TSXV: NFG; US-OTC: NFGFF) wholly owned Queensway gold project in Newfoundland has returned long intervals of…
Teck profit drops 67% on weak coal prices
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada’s largest diversified miner, saw its third-quarter adjusted profit fall by 66.6% as steelmaking coal prices collapsed in the period and Covid-19-related restrictions continued…