Allied Gold picks $80M raising after nixing UAE funds
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is raising $80 million through a public offering to fund further engineering and growth initiatives at the Sadiola mine in Mali and its Côte…
Financing
Robex files prospectus for $77M Australia IPO
Canadian miner Robex Resources (TSX: RBX) filed a prospectus with Australian securities regulators for an estimated A$120 million (US$77 million) initial public offering that will help pay for a new…
Don’t tariff copper imports, limit exports: US industry
Some key players in the United States copper industry are urging President Donald Trump to forgo import tariffs and instead opt for targeted export restrictions in a bid to revive homegrown production….
Ivanhoe Electric lines up $825M loan for copper project
Ivanhoe Electric (TSX, NYSE: IE) said the United States export credit agency is interested in lending up to $825 million (C$1.15 billion) for the company’s Santa Cruz copper project in…
Ascot targets August restart at Premier in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is targeting an August return to production for its Premier gold project in northwestern British Columbia following the completion of a $61.1-million financing to…
First Quantum buys into Prospect to spur Zambia copper
Canada’s First Quantum Minerals (TSX: FM) is acquiring a 15% stake in Prospect Resources (ASX: PSC), a battery and electrification metals developer based in Australia, as it deepens its presence…
Antofagasta to invest $200M in Cachorro copper project
Chilean miner Antofagasta (LSE: ANTO) has earmarked $200 million over seven years for a new exploration stage at its Cachorro copper project in the country’s north. The move follows the…
Osisko Metals’ Gaspé copper assays beat outlook
Osisko Metals (TSX: OM) said initial drilling results at its Gaspé copper project in eastern Quebec topped expectations. Shares jumped. All five holes drilled in the past three months intersected…
Site visit: One of the strangest chapters in copper mining is drawing to a close
With so much happening in copper – from all-time highs mixed with price collapses – it’s easy to lose sight of the giant hole that exists in the industry where…
Patagonia Gold secures $40M for Argentina project
Patagonia Gold (TSXV: PGDC) said on Monday it has secured an investment of $40 million (C$55.5 million) to support the development of its main Calcatreu project in Rio Negro, central…
Infographic: Copper spheres of control
Who controls the future of copper?
Fortuna Mining exits Burkina Faso for US$130M
Fortuna Mining (NYSE: FSM, TSX: FVI) agreed to sell its Burkina Faso operations to Mauritius-based Soleil Resources International for about US$130 million ($181 million) cash. The sale represents “a prudent…