Snowline Gold shares rise on $16.5M bought deal financing
Shares of Snowline Gold (TSXV: SGD) surged on Wednesday after it completed a previously arranged bought deal private placement to fund its exploration campaigns in the Yukon. In total, the…
Financing
Trident Royalties invests $10M in Utah lithium project
Trident Royalties (LSE: TRR) has inked a deal to acquire an existing lithium royalty from Atherton Resources covering Anson Resources’ (ASX: ASN) flagship Paradox lithium project in Utah. The U.K.-based…
NexGen raises US$110M for Rook I uranium project
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has entered an agreement with Queen’s Road Capital Investment and Washington H Soul Pattinson and Co. that will raise US$110 million in unsecured convertible debentures to…
Updated Rose feasibility study lifts Critical Elements shares
Critical Elements Lithium (TSXV: CRE; US-OTC: CRECF) has released a revised feasibility study for the Rose lithium-tantalum project in Quebec, outlining a largely de-risked project with strong economics, CEO Jean-Sébastien Lavallée says.
In an exclusive interview with The Northern Miner, Lavallée said the updated study outlines a low-risk mining approach and responsible production for the e-mobility battery market and the glass and ceramics industries.
BHP Xplor launches search for next round of exploration prospects
BHP Xplor, an accelerator program introduced by the miner in 2022 in pursuit of unlocking critical minerals, began a global search Thursday for its next cohort. The program seeks to…
Azure Minerals raises A$130M to fund Andover lithium project
Australian lithium developer Azure Minerals (ASX: AZS) has launched an institutional placement to raise A$120 million ($104.2 million). The company will issue 50 million fully paid ordinary shares at $2.40…
Piedmont earns 22.5% stake in Atlantic Lithium’s Ghana project
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) has exercised its option to acquire an initial 22.5% stake in Atlantic Lithium’s (AIM: ALL, ASX: A11) Ewoyaa project in Ghana, having committed US$17…
What’s driving gold miners’ copper craze?
Gold miners have never been more bullish. But not on gold — on copper. The red metal is one of the driving forces behind Newmont’s takeover of copper-rich fellow gold…
Let business lead on energy transition, AusCan Forum hears, while Trudeau touts values
The world has a long way to go to meet net zero emissions targets, but resource-rich Australia and Canada are both well-positioned to help make it happen. During the 8th…
Graphite One stock jumps on US$37.5M grant from US government
Graphite One (TSXV: GPH; US-OTC: GPHOF) has been awarded a Department of Defense Technology Investment Agreement grant of US$37.5 million under the Defense Production Act, funded through the Inflation Reduction…
Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Investors feast on Apple while juniors wait for their turn at the buffet
While tech giant Apple scaled new heights to reach over US$194 per share in late June, putting its market cap at an astonishing US$3 trillion, investors are finding junior miners…