Tungsten miner Almonty raises $700m from notes offering

Global tungsten miner Almonty Industries has announced an oversubscribed private placement offering of $700-million comprising of 2.25% convertible senior notes due 2031. The issuance and sale of... 

Tesla co founder-backed copper maker Red Metals secures seed funding for US refining plant

Canada-listed copper manufacturer Red Metals has secured $10-million in seed funding which will contribute to its planned $70-million facility in Charleston, South Carolina, to scale its novel... 

Wheaton invites submissions for third and latest Future of Mining Challenge

Canadian multinational streaming company Wheaton Precious Metals has announced the third iteration of its "Future of Mining Challenge", calling on investors globally to propose solutions that... 

REalloys to secure rare earth feedstock from US miner Patriot

Nasdaq-listed rare earths refiner REalloys has signed a non-binding letter of intent (LoI) with US-based rare earths miner Patriot Exploration & Mining for REalloys to secure up to 30% of Patriot's... 

Mine waste refiner Phoenix Tailings granted $66m US funding for rare earths seperation

Mine waste refiner Phoenix Tailings has been selected for a $66-million grant from the US Department of Energy’s (DoE's) Rare Earth Demonstration Facility Programme, which will advance commercial... 

Lynas appoints Le Roux interim CEO

ASX-listed Lynas Rare Earths has appointed Pol Le Roux interim CEO effective July 1 as it searches for a permanent appointment to succeed Amanda Lacaze, who is set to retire at the end of June. Le... 

Manhattan Uranium identifies new targets for planned drilling in Saskatchewan

TSX-V-listed Manhattan Uranium Discovery Corporation and fellow-listed Fortune Bay Corporation have selected priority drill targets for an upcoming drill programme at the Murmac and Strike uranium... 

Rare earths developer Viridis secures dedicated grid capacity for Brazil rare earths project Colossus

ASX-listed rare earths developer Viridis Mining and Minerals has secured its first major project execution contract with Minas Gerais-based electricity distributor DME Energética for the delivery... 

Bulk assay tech company Chrysos successfully refinances debt with new A$200m facility

ASX-listed technology company Chrysos Corporation has successfully refinanced its corporate facilities with a new A$200-million syndicated facility with three Australian financiers. These new debt... 

LibertyStream delivers first lithium carbonate to US customer

TSX-V-listed LibertyStream Infrastructure Partners has delivered its first tonne of lithium carbonate to a US-based industrial customer from the company’s direct lithium extraction (DLE) unit and... 

Sherritt appoints finance veteran interim CFO to steer through Cuba challenges

Having warned shareholders of acute financial, legal and operational challenges ahead owing to US sanctions in Cuba last month, TSX-listed Sherritt International Corporation has appointed Fitzroy... 

Canadian, Cameroon mining investor BWA Group appoints new CEO

UK-listed mining investment company BWA Group has promoted nonexecutive director Peter Taylor as CEO effective June 1. Taylor has been a nonexecutive director of BWA Group since August 2024,... 

Agnico Eagle-backed Fuerte Metals changes name to Talamore Mining

TSX-V-listed Fuerte Metals Corporation, which acquired gold major Newmont Corporation’s Coffee gold project, in Yukon, Canada, in September last year, and has Canada’s largest miner, Agnico Eagle,... 

Seabridge concludes spin-out of Courageous Lake project into newly listing Valor Gold

TSX- and NYSE-listed Seabridge Gold has successfully closed the spin-out of its Courageous Lake gold project into a newly listed entity, Valor Gold Corporation, after receiving approval from the... 

Highland Copper identifies multiple optimisation opportunities at Copperwood ahead of updated feasibility

While TSX-V-listed Highland Copper Company undertakes ongoing studies towards an updated feasibility study on the Copperwood project, in Michigan, the company is evaluating lower cut-off grades to... 

Saturn Metals increases single-pit gold resource to almost three-million ounces in WA

ASX-listed Saturn Metals has increased the measured, indicated and inferred gold resource of the Apollo Hill project, in Western Australia's Eastern Goldfields, by more than 590 000 oz to... 

Emerging high-grade graphite developer secures $1.3m Canadian grant

TSX-V-listed high-grade flake graphite developer Focus Graphite has secured up to $1.3-million in non-repayable federal funding from the Canadian government. The company on June 3 signed a... 

Vedanta spin-off CopperTech yet to announce IPO value on NYSE

The NYSE will soon welcome its newest mining company, in integrated copper and cobalt producer CopperTech Metals, with the company having filed a registration statement with the US Securities and... 

Emerging miner American Lithium welcomes Peru's national importance decree for uranium, lithium

TSX-V-listed American Lithium Corporation has welcomed the Peruvian government's issuance of a Supreme Decree formally declaring the national importance of both uranium and lithium, while declaring... 

Osisko to propose name change, new board nominee to shareholders on June 23

NYSE- and TSX-V-listed Osisko Development Corporation has nominated Keith McKay for election to the board of directors and advised that nonexecutive director Duncan Middlemiss will not stand for... 

Victory Metals secures traditional owner consent on land use for rare earths mine in WA

ASX-listed heavy rare earths explorer Victory Metals has signed an agreement with the Wajarri Yamaji Aboriginal Corporation that helps facilitate the granting of a mining licence for the North... 

Cornish Tin & Lithium discovers more larger-than-expected lithium resources in Cornwall

Cornish Tin & Lithium (CTL), formerly Cornish Tin Limited, a company focused on the discovery and development of high-grade tin and hard-rock lithium resources in Cornwall, has announced... 

Troilus granted 70 MW power allocation in Québec to develop copper, gold mine

TSX-listed Troilus Mining Corporation (TMC) has secured approval from Québec authorities, Hydro-Québec and its Ministry of Economy, Science and Innovation, for its planned 70 MW power allocation to... 

Colorado School of Mines, ElementUSA awarded US gov funding to recover rare earths from alumina tailings

Research university Colorado School of Mines and mid-stream minerals processing company ElementUSA have been awarded $67-million in funding from the US Department of Energy (DoE) to build a plant... 

EV Resources secures three more sources of antimony feedstock to optimise, ramp up plant

ASX-listed emerging antimony supplier EV Resources has now signed four non-binding memorandums of understanding (MoUs) that have secured between 2 330 t and 2430 t a month of feedstock for its... 

Canadian natural hydrogen developer inks MoU to integrate energy, cooling for AI data centres

Canadian energy and resource exploration company Max Power Mining has signed a memorandum of understanding (MoU) with an advanced AI infrastructure and distributed energy systems company called... 

Osisko set for accelerated momentum at Cariboo after raising $300m

NYSE and TSX-listed Osisko Development expects net proceeds from its recently offerings to be $290-million, which it will use to cover capped call transactions ($40.2-million) and development of... 

TDG expects PEA on Shasta gold, silver project in third quarter

TSX-V-listed TDG Gold Corporation has initiated a preliminary economic assessment (PEA) for its 100%-owned Shasta gold/silver project in the Greater Shasta-Newberry area of the Toodoggone district... 

Canadian gold explorer Blue Jay raises $14m for exploration

Canadian gold exploration company Blue Jay Gold Corporation has successfully raised gross proceeds of $14.7-million following a “best efforts” brokered private placement led by Beacon Securities.... 

Rockhaven initiates direct shipping oxide material works ahead of a PFS in Yukon

TSX-listed gold and silver miner Rockhaven has garnered approval from the Energy, Mines and Resources Branch of the Yukon government to extract high-grade direct shipping oxide material from its... 

Central Asia proposes ‘win-win’ takeover of Cygnus and its Québec flagship

Aim-listed base metals miner Central Asia Metals has proposed to acquire ASX- and TSX-V-listed Cygnus Metals at an implied equity value of A$232-million. The companies have entered into a... 

Pan American Silver incorporates new mineral resources into Timmins expansion drive

NYSE- and TSX-listed Pan American Silver Corporation has decided to advance a conceptual plan for a phased development of new mineral resources to support potential production growth and extension... 

Challenger pours first gold from Hualilán development in Argentina

Having confirmed a low-cost and low-risk development opportunity to produce 1.8-million ounces of gold over a 14-year mine life at the Hualilán project in Argentina, ASX-listed Challenger has... 

Aura Energy confirms 'clear run' to FID by year-end for Tiris uranium mine

ASX- and Aim-listed uranium developer Aura Energy is nearing a final investment decision (FID) on the Tiris project, in Mauritania, underpinned by a robust processing flowsheet, positive indicative... 

Aclara reaches enviro milestone ahead of final authorisation for Penco Module project in Chile

TSX-listed Aclara Resources has received a consolidated evaluation report from Chile's Environmental Assessment Service, recommending approval of the company's environmental-impact assessment (EIA)... 

Cameco increases ownership of prominent Canadian uranium mine Cigar Lake

TSX- and NYSE-listed Cameco and Orano Canada has reached an agreement with Tepco Resources to acquire its 5% participating interest in the Ciger Lake joint venture, in Canada. Upon closing,... 

TG Metals requests mining lease for 'quick start' direct shipping ore operation in WA

ASX-listed TG Metals has applied for a mining lease over the Burmeister lithium deposit, as part of the Lake Johnston lithium project, in Western Australia. Metallurgical testwork and the shallow... 

Cerrado subsidiary expands gold concessions next to existing processing plant

Toronto-based gold production, development, and exploration company Cerrado Gold's wholly owned subsidiary Minera Don Nicolas (MDN) has acquired additional concessions, known as Las Calandrias II,... 

European Resources identifies new rare earth anomalies at Korsnäs in Finland

ASX-listed European Resources has identified new, untested anomalies beyond historical gravity coverage at the Korsnäs rare earths project in Finland. Having undertaken Phase 2 of a passive... 

Coda Minerals raises $6.7m for copper, cobalt PFS work in Australia

ASX-listed Coda Minerals has successfully completed a $6.7-million placement to institutional and sophisticated investors, which strengthens the company's balance sheet as it accelerates a number...