I-80 Gold stock drops on $100M public offering
I-80 Gold (TSX: IAU; NYSE: IAUX) shares fell by over 11% at market open Tuesday after it announced a $100-million equity financing. The units are priced at $1.65 each, comprising…
Articles by Jackson Chen
Perpetua tapped for US$1.8B loan to develop gold-antimony mine in Idaho
Perpetua Resources (TSX: PPTA; NASDAQ: PPTA) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for a potential debt financing of up to US$1.8…
Orion looks to offload another 8.3% stake in Capstone Copper
The three Orion Resource Partners funds that recently sold a stake in Capstone Copper (TSX: CS; ASX: CSC) are selling another 8.3% holding via a secondary offering in Australia for…
Tesla can’t dodge activist shareholder proposal on deep-sea mining: SEC
The U.S. Securities and Exchange Commission has cleared the way for an activist proposal on sea-floor mining to be considered at Tesla’s upcoming annual general meeting. The SEC rejected a…
Thor picks up exploration licences near Douta gold project in Senegal
Thor Explorations (TSXV: THX; AIM: THX) has expanded its footprint in Senegal with the acquisition of two licences near its resource-stage Douta gold project. The first is a majority interest…
Electra Battery to source cobalt from Eurasian Resources for Ontario refinery
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM;) has signed an agreement with Eurasian Resources Group (ERG), one of the world’s leading cobalt producers, for long-term supply of the metal for…
MP Materials wins US$58.5M tax credit for Texas rare earth magnet factory to supply GM
MP Materials (NYSE: MP) is being funded US$58.5 million from the United States government to finish building the country’s first integrated rare earth magnet plant, one that will supply General…
Magna Mining signs toll-mill deal with Vale for Crean Hill project
Magna Mining (TSXV: NICU; US-OTC: MGMNF) has signed a toll-mill agreement with Vale‘s (NYSE: VALE) base metals unit for the advanced exploration portion of its Crean Hill project in Ontario….
Mako Mining expands into South America with deal to acquire Goldsource
Nicaragua-focused gold producer Mako Mining (TSXV: MKO; US-OTC: MAKOF) plans to expand into South America with the all-share acquisition of Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) and its Eagle Mountain…
Awalé Resources stock soars on 32 metre hit of 45.7 grams gold
Awalé Resources (TSXV: ARIC) shares soared on Monday after the Newmont-backed explorer reported outstanding assay results of 45.7 grams gold per tonne over 32 metres from drilling on the Odienné…
Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire
Ivanhoe Electric (TSX: IE; NYSE American: IE) has completed its earn-in to acquire a 60% interest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after satisfying the expenditure requirements outlined…
Lifezone shares rise on US$50M financing, Tanzania refinery licence
A consortium of marquee mining investors are backing Lifezone Metals (NYSE: LZM) and the development of its flagship Kabanga project in northwest Tanzania, which is on track to reach the…