Montage lands US$825M for new West Africa gold mine
Montage Gold (TSXV: MAU; US-OTC: MAUTF) has secured a financing package worth US$825 million to fund the construction of its flagship Koné project in Côte d’Ivoire. Shares gained 11.7%. The…
Financing
Kinross takes stake in Puma Exploration, sending stock up 50%
Kinross Gold (TSX: K, NYSE: KGC) has expanded its exploration footprint in Canada by investing in New Brunswick-focused junior Puma Exploration (TSXV: PUMA) and its properties near the province’s Bathurst…
Serra Verde makes global list of critical projects, banks US$150M investment
Brazil-focused Serra Verde Group has gained a US$150 million investment and earned a spot on the Minerals Security Partnership’s (MSP) global list of projects considered crucial to the global energy…
Guanajuato Silver earns $3M Sprott investment backing
Guanajuato Silver Company (TSXV: GSVR) announced on Tuesday that it has arranged a private placement of about 33.3 million units priced at 24¢ each for proceeds of $8 million. Anchoring…
Ascot soars on $40M Premier gold restart plan in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) said on Monday it plans to raise at least $40 million to get its Premier gold project in British Columbia’s Golden Triangle back on…
West Red Lake raises $73M for Madsen mine restart
West Red Lake Gold Mines (TSXV: WRLG) is set to raise about $73 million to help fund the proposed restart of its Madsen mine in Ontario, which it says remains…
Vision Blue grants Cornish Metals £7 million backing
Cornish Metals (TSXV: CUSN; LSE: CUSN) has received a £7-million (around US$9 million) credit facility from shareholder Vision Blue Resources, to help it reopen the South Crofty tin mine in…
Blue Moon shareholder battle spotlights shades of grey in junior market
A minority group of shareholders in Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), which holds a first-resource-stage zinc-silver project in California, says its CEO issued defensive stock offerings that destroyed an…
How junior miners can meet the new ESG funding hurdles
The conversation around environmental, social, and governance ESG considerations in mining has grown increasingly sophisticated over the last decade, giving rise to an evolving set of requirements that companies must…
Infographic: Adding up government spending on Quebec’s critical minerals
Quebec is unique in Canada for its strong institutional support for mining and exploration activities. It was the first jurisdiction in Canada to release a critical minerals strategy, in 2020,…
B2Gold backs Founders Metals with $12.1M investment for drilling at Antino in Suriname
Founders Metals (TSXV: FDR; US-OTC: FDMIF) has drawn a $12.1 million investment from B2Gold (TSX: BTO; NYSE: BTG), bringing to $32.1 million the total raised in the Suriname-focused gold explorer…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…