Appian ready to deploy US$2B in cash-starved mining sector, says CEO
About a decade ago, private equity (PE) funds began to take an interest in the mining sector. At the time, financing was hard to come by, and the growth of…
Zinc and Lead
Steppe Gold signs US$150M term sheet to fund ATO mine expansion in Mongolia
Steppe Gold (TSX: STGO; US-OTC: STPGF) has signed a binding term sheet to provide up to US$150 million in financing to fully fund a second-phase expansion at its ATO (Altan…
Callinex Mines’ stock surges on high-grade copper resource for Pine Bay project
Callinex Mines (TSXV: CNX; OTC: CLLXF) has released an initial high-grade copper resource for its 100% owned Pine Bay project in Manitoba, comprising contiguous mineral claims and leases covering 68…
Canada’s Top Ten base metals and uranium companies
As the push for green energy gathers more momentum, demand for the metals that go into zero-emission technologies is rising while uranium spot prices have seen a steady climb since January. Here’s a…
JV Article: Denarius Metals develops high-grade projects in Spain and Colombia
Mine builder Serafino Iacono has made his mark in Colombia. At his former company, Gran Colombia Gold, he took the troubled Segovia gold project, which was in liquidation in 2010,…
Appian Capital grabs majority stake in Namibian zinc mine
Appian Capital Advisory said on Tuesday it had completed the acquisition of an almost 90% stake in the Rosh Pinah underground zinc mine in southern Namibia from Trevali Mining. As…
Norway to open its waters to deep-sea mining
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a…
Aston sees future in Arctic copper by dropping local processing in favour of ore sorting
Aston Bay Holdings (TSXV: BAY; US-OTC: ATBHF) and American West Metals (ASX: AW1) are betting on new methods to prove the economics of a copper project farther north in Canada’s…
Canadian Copper grabs majority stake in Murray Brook VMS project in New Brunswick
Canadian Copper (CSE: CCI) is acquiring a 72% stake in the Murray Brook project, located in New Brunswick’s Bathurst mining camp, from Votorantim Metals Canada. In return for the majority…
Arizona Metals probes copper-gold deposit at decades dormant Kay Mine
Arizona Metals (TSX: AMC; US-OTC: AZMCF) says its latest drill results show the potential to expand the old Kay Mine copper-gold deposit in Arizona, which hasn’t been mined in almost…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…
Renewable energy capacity to hit record growth in 2023 – IEA
Renewable power capacity will grow by a record number this year as more robust government policies around fossil fuels and energy security concerns drive more clean energy deployment, the International…