Ascot arranges $146m financing package for construction of Premier gold project

The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.

Staff Writer | December 12, 2022 | 11:36 am

Teck’s new CEO looks to tap cash from coal to fuel copper expansion

Copper represents less than a fifth of the company's sales.

Bloomberg News | December 12, 2022 | 7:15 am

Inflation is the fourth horseman

Over the past year, relentlessly rising interest rates (because of the global fight on inflation), are putting pressure on borrowers, who are reportedly deeper in the red than ever before.

Rick Mills - Ahead of the Herd | December 9, 2022 | 11:21 am

Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid

The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government.

Reuters | December 9, 2022 | 10:19 am

Canada fleshes out details of Critical Minerals Strategy

A significant portion of the total funding - C$1.5 billion – is allocated over seven years for constructing infrastructure for critical minerals projects in remote areas.

Staff Writer | December 9, 2022 | 9:46 am

Canada places big bets on critical minerals

Remoteness, regulatory sclerosis still pose barriers to mine development in Canada, the federal government says.

Nelson Bennett — BIV | December 9, 2022 | 9:38 am

Endeavour Silver announces 600moz indicated resource for newly acquired Pitarrilla project

Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty.

Staff Writer | December 9, 2022 | 9:15 am

Pakistan closer to letting Barrick Gold proceed with $7bn project

The copper-gold mine would be one of the largest foreign investments in Pakistan and one of Barrick’s key projects for this decade.

Cecilia Jamasmie | December 9, 2022 | 5:19 am

Ascot drills 488 g/t Au at Big Missouri deposit, its best gold intercept since 2017

These results give the company confidence that "there is more gold to be discovered outside the existing resource model at Big Missouri.”

Staff Writer | December 8, 2022 | 9:28 am

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Lithium explorer Li-FT Power closes $9 million public offering

Osisko Development, O3 Mining create Quebec-focused lithium spinoff

Caisse pumps C$200 million into Swedish EV battery maker Northvolt

Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy

Canada’s Lassonde ‘mystified’ by Teck choice of Glencore bid for coal unit

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