Faraday Copper raises $35m in financing round for Copper Creek Project in Arizona
Faraday Copper has finalised its previously announced bought deal financing, raising C$48.77m ($35.5m). The company executed a brokered bought deal and …
Post
-
-
Bowen Coking Coal enters voluntary administration
Bowen Coking Coal has entered voluntary administration, a move that has heightened concerns regarding the future of the coal industry …
-
Global silver production set to rise in 2025, but mine closures pose long-term challenges
Global silver production is expected to increase by 2.0% in 2025, reaching 944 million ounces (moz). This growth is driven …
-
Renewable electricity adoption within mining
Mining is an energy-intensive process, and its need for consistent power has historically led to the use of fossil fuel …
-
Endeavour and two more gold producers agree to new Mali mining code
Endeavour Mining, along with two other gold producers, has reached an agreement to adopt Mali's new mining code, reported Reuters, …
-
McEwen signs LoI to acquire Canadian Gold
McEwen has signed a binding letter of intent (LoI) with Canadian Gold to acquire all its issued and outstanding securities, …
-
EU energy and investment pledges to the US “meaningless”
The much-awaited EU-US trade deal has landed. While it provides some much-needed respite for businesses that have been weathering seemingly …
-
Global natural graphite production set to rebound in 2025 with ramp-up of major projects
Following modest growth of 1.3% in 2024, global natural graphite production is poised for a sharp rebound in 2025, with …
-
Asara Resources secures $16m for Guinea gold project
Asara Resources has secured firm commitments to raise A$25m ($16.4m) through an institutional placement of new fully paid ordinary shares …
-
Majestic Gold halts operations at Denggezhuang Mine after fatal incident
Majestic Gold has reported a serious incident at its Denggezhuang Underground Mine (DGZ Mine) in China, leading to the suspension …
-
Torex Gold Resources to acquire Prime Mining
Torex Gold Resources has sealed a definitive agreement to acquire all issued and outstanding common shares of Prime Mining. This transaction …
-
Global uranium production expected to grow modestly in 2025, due to temporary mine disruptions
After an estimated 12.4% rise in 2024, global uranium production is projected to grow by 2.6% to 62.2 kilotonnes in …
-
Peru weighs approval of mining projects worth $6bn
Peru is weighing the potential approval of mining projects with a total value of $6bn (21.69bn new sol), aiming to …
-
Ghana cancels $1.2bn bauxite lease with Rocksure International
Ghana has reportedly cancelled a $1.2bn (12.56bn cedis) bauxite lease with local company Rocksure International, opting instead to partner with …
-
International Graphite signs agreement for graphite facility in Germany
International Graphite has partnered with Norwegian critical minerals developer Arctic Graphite and investment firm Graphite Investment Partners (GIP) to establish …
