Fireweed Metals increases Lundin-backed financing; stock hits 52-week high
The funds will provide capital for what the company is calling the "most significant" exploration program ever initiated on its projects in northern Canada.
The Ice Road has been jointly run by three mining companies – Diavik Diamond Mines, Dominion Diamond Corporation, and De Beers Canada – for over 20 years since the start of Canada’s diamond rush in 1999.
BloombergNEF turns super bullish about metals demand for batteries – ups forecast 35% to 2.7 terawatt hours per year by 2030 as electric cars take off.
Chinese state and private investors have spent more than $16 billion over the last decade buying copper mines and projects including nearly 50 in Africa.