Almonty Expands Sangdong Tungsten Offtake to US$490 Million
Almonty Industries has expanded its tungsten concentrate offtake agreement with Global Tungsten & Powders, extending the commercial coverage of the Sangdong mine in South Korea...
Category : Finance
Predictive Discovery Targets 12.3% Awalé Stake Through A$10 Million Gold Investment
Predictive Discovery has agreed to invest A$10 million, equivalent to approximately C$14.15 million, in Awalé Resources, establishing an estimated 12.3 per cent interest in the...
Mako Mining Reports Record Gold Sales as Cash and Development Assets Expand
Mako Mining sold a record 14,610 ounces of gold in the second quarter, generating approximately US$63 million in revenue from its San Albino mine in...
SouthGobi Issues Shares to Settle Debt Interest, Diluting Existing Investors
SouthGobi Resources has issued 73.5 million shares to Od Sar Trading to settle payment-in-kind interest accrued under a convertible debenture, increasing the company’s share count...
Cascabel Secures Conditional US$750 Million Stream for Ecuador Copper-Gold Development
London-listed SolGold has secured a conditional US$750 million precious-metals streaming package for the Cascabel copper-gold project in Ecuador, providing development funding while committing part of...
Centinela Expansion Advances With US$2.5 Billion Debt Package
Antofagasta’s Centinela Second Concentrator in Chile is progressing with construction backed by approximately US$2.5 billion of project debt, including direct participation from Germany’s KfW IPEX-Bank....
CleanTech Lithium Advances Laguna Verde Toward Strategic Investment in Chile
London-listed CleanTech Lithium is progressing the Laguna Verde project in Chile after completing a pre-feasibility study for a direct-lithium-extraction operation and appointing an adviser to...
Glencore’s El Pachón Copper Project Carries US$9.5 Billion Investment Proposal
Glencore’s El Pachón copper project in San Juan province is being considered as one of Argentina’s largest undeveloped mining investments, with the Swiss-based group seeking...
Glencore Develops US$4 Billion Agua Rica Copper-Gold Project in Argentina
Glencore’s Agua Rica project in Argentina’s Catamarca province is being advanced as a large copper-gold development that could use infrastructure associated with the existing Alumbrera...
Rio Tinto Secures US$1.175 Billion Financing for Argentina’s Rincón Lithium Project
Rio Tinto’s Rincón lithium project in Argentina has secured US$1.175 billion in project-related financing, advancing development of a large-scale battery-grade lithium carbonate operation with an...