Court approves $105M borrowing to fund Yukon Eagle mine cleanup
A court has raised PricewaterhouseCoopers’ (PwC) borrowing limit to $105 million to fund the cleanup of Victoria Gold’s Eagle mine in Yukon as costs are said to range from $100…
Canada
Canada Nickel secures $20M investment from Taykwa Tagamou Nation
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has received a $20 million investment from Taykwa Tagamou Nation, a Cree First Nation in northern Ontario. This is believed to be the first…
Americans fund Fireweed’s NWT tungsten project
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) on Friday secured millions in U.S. and Canadian critical minerals project funding. The U.S. Department of Defense invested about US$15.8 million (about $22.5 million)…
Fireweed’s strong zinc hits at Boundary zone close out 2024 drilling in Yukon
The last holes of Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) drill program this year at its Macpass project in eastern Yukon have returned high-grade results that point to the exploration…
Australia’s $281B nuke plan to change uranium mining
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($281 billion) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s…
London Symposium Video: Sustainability innovations are reshaping mining, London panel hears
A renewed focus on sustainable industry is driving innovation to achieve it, a panel heard early this month in London. Dundee Sustainable Technologies (CSE: DST) vice president Brent Johnson spoke…
O3 Mining shares surge on $204M Agnico Eagle takeover offer
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it for about $204 million. The…
Economics, not regulation, the main reason behind delay in BC’s mines, study shows
Contrary to popular perception, stringent regulation may not be the biggest factor behind the delay of mining projects in British Columbia, according to a new study published in the Royal…
Global scramble for critical minerals fuelling protectionism
A growing wave of protectionism is sweeping across 72 nations, as governments scramble to secure access to critical minerals essential for strategic industries, new research by global risk intelligence firm…
Roosen’s Cariboo gold project gets permits
Osisko Development (NYSE: ODV, TSXV: ODV) got all permits Thursday for its $588-million Cariboo gold project in central British Columbia, clearing the way for construction. The underground mine will produce…
China leads world in energy transition, Wood Mackenzie says
The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy including hydro, solar, wind, nuclear and energy storage by…
London Symposium: ‘Mining must move at the pace of business, not bureaucracy,’ Ontario’s Pirie says
Ontario’s bid to lead in the critical minerals boom in Canada is fuelled with funding increases and deregulation goals in a new mining code. Yet the province must still widen…