Terry Lynch, CEO of Power Nickel, says he’s using novel sonar technology to update a resource estimate in September at the Nisk project in Quebec, but a major player may…
Quebec is becoming known for mining project funding that hands out several hundred million dollars a year and promotes the province as a battery metals hotspot. The province’s funding structure…
Early-stage mining projects should keep financing simple to avoid later entanglements, experts told a conference in New York this month. Raising capital through share issues is the easiest path…
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Osisko Metals (TSX: OM; US-OTC: OMZNF) is part of a rising trend tapping private equity to help build projects, but it’s wary of the growing role of “predatory” debt financing. …
The Windfall gold project in Quebec, boosted last week by a $600-million investment by Gold Fields (NYSE: GFI; JSE: GFI), may tweak plans to increase first-year production by a third,…
Atlas Lithium (NASDAQ: ATLX) saw its share price explode on Tuesday after securing US$20 million funding for its flagship hard-rock lithium project in the Lithium Valley area of Minas Gerais,…
Two uranium projects in Saskatchewan’s Athabasca basin moved closer to construction this week, with NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) reporting strong interest from lenders in funding its…
During Finance Minister Chrystia Freeland’s federal budget address to Parliament on Mar. 28, Canadians heard an unprecedented call to action for the new green economy. “We’re going to build big…
Japan plans to fund global exploration by Canada-based FPX Nickel (TSXV: FPX; US-OTC: FPOCF) to find low-carbon awaruite while earning into its Klow project in British Columbia, according to a…
Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) announced Friday a strategic equity investment by Japan’s Mitsubishi Materials to advance the company’s Casino copper-gold project in Yukon towards development. Mitsubishi…
Contango Ore (NYSE-AM: CTGO) has secured a US$70-million loan from two banks to cover its minority share of pre-production capital spending on the Manh Choh gold project in Alaska. Mining…
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