Top 20 mining companies by capital raised
The extraction of metals and minerals is a capital intensive endeavour. Mining companies require hundreds of millions of dollars, and in many cases, billions, to take a project from exploration…
Financing
‘Investors are still on the sidelines’: John Hathaway says precious metals and mining stocks in ‘early days’ at the Global Mining Symposium
Prominent gold commentator John Hathaway appeared on the second day of The Northern Miner’s Global Mining Symposium. In January, after 22 years at Tocqueville Asset Management, the veteran investment manager…
Lithium Americas completes JV restructuring
Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Caucharí-Olaroz lithium project under development in Jujuy, Argentina. As…
Danakali plans construction at large-scale potash project in Eritrea
Australia’s Danakali (ASX, LON: DNK) said it plans to spend the rest of the year raising funds to bring its Colluli potash project in Eritrea closer to construction. Reporting on…
Eric Sprott increases stake in Stratabound Minerals
Billionaire mining investor Eric Sprott has acquired 3 million common shares of Stratabound Minerals (TSXV: SB) at a price of 5¢ per share. The acquisition was conducted through Jerritt Canyon…
Lundin Gold to raise $50M in bought deal financing
BMO Capital Markets will buy 4.15 million common shares of Lundin Gold (TSX: LUG) at $12.05 per share in a bought deal financing that will raise $50 million for the…
Talon Metals closes private placement to advance Tamarack project in Minnesota
Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10¢ a share….
Kirkland Lake Gold invests in Melkior Resources
Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project in the Timmins gold camp…
Viva Gold completes PEA for Tonopah gold project
Viva Gold (TSXV: VAU) has announced results from a preliminary economic assessment (PEA) of the company’s wholly-owned Tonopah gold project, located 30 km northeast of the town of Tonopah in…
NexGen Energy lines up US$30M financing from Queen’s Road Capital
NexGen Energy (TSX: NXE; NYSE: NXE) has signed a US$30 million financing agreement with Queen’s Road Capital Investment (TSXV: QRC) and plans to use the funds to advance work at…
Mag Silver rallies on $60M infusion from Eric Sprott
VANCOUVER — Shares of Mag Silver (TSX: MAG; NYSE-AM: MAG) gained as much as 31% to a several month high of $17.87 on the TSX following news of precious metals…