Appian secures $150M loan for Namibia mine expansion
Appian Capital Advisory has secured a $150 million debt facility from Standard Bank to complete the expansion of its majority-owned Rosh Pinah zinc mine (RPZ) in southern Namibia. The financing…
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DOE re-thinks $2.2B Thacker Pass lithium loan
The Trump administration is reportedly having second thoughts on a Biden-era $2.2-billion loan for Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada, according to Bloomberg News. The loan…
Sprott buys most uranium in 2.5 years
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of the heavy metal, now has about 70 million lb. of uranium after it bought 450,000…
DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Gold price hits new record high
Gold pushed to a record $3,728 per oz. on Monday before easing about $10 an oz. as investors piled into exchange-traded funds, extending a rally that resumed after last week’s…
La Caisse enters Aus renewables with $1.1B deal
La Caisse, Canada’s largest provincial pension fund, is acquiring Australian renewables developer Edify Energy for $1.1 billion (US$725 million), securing a foothold in a market it has long sought to…
Neo Performance opens Europe’s first REE magnet plant
Neo Performance Materials (TSX: NEO; US-OTC: NOPMF) has officially opened its $75-million facility in Estonia, becoming the first to mass produce rare earth magnets for Europe’s automotive and wind energy…
White Gold to raise $20M for exploration
White Gold (TSXV: WGO; US-OTC: WHGOF) is set to raise $20 million in a brokered private placement to fund its exploration activities in Yukon Territory. Clarus Securities, as lead agent…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Elton John extols gold as price does a Rocket Man
Elton John has said goodbye to the yellow brick road – but not to the yellow metal, which is a big part of his life as the new short film…
Mining Forum Americas: Former Barrick CEO elevates Fourmile in Nevada plan
Colorado Springs, Colo. – Barrick Mining (TSX: ABX; NYSE: B) says its new Fourmile project in Nevada can be developed without new processing plants and fits within the company’s capital-returns…
Video: Gold hunt draws thousands as Yukon clue drops
More than 55,000 Canadians have joined The Northern Miner’s national treasure hunt, chasing around $1.3 million (US$940,000) in gold as the first regional prize lands in Dawson City, Yukon. Six…