Commodity 2
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May 23, 2025
Commodity
May 23, 2025 (IM - International Mining) - Metso and G Mining Ventures (GMIN) have signed an agreement on the delivery of key process equipment for the Oko West gold project in Guyana. The value of the order is approximately €30 million ($34 million
May 22, 2025
May 22, 2025 (Source: Generation Mining Limited ) Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that it has received the final key permit required for the construction of the Marathon
Trading Symbol: TSX/NYSE AMERICAN: SVM VANCOUVER, BC , May 22, 2025 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM ) (NYSE American: SVM) reported its financial and operating results for the three months ("Q4 Fiscal 2
VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report that, at a meeting on May 21, 2025, the WRLG Board of
May 21, 2025
HIGHLIGHTS: Non-dilutive US$200 million funding package from Royal Gold, comprising a gold stream and NSR royalty, US$100 million of which is available immediately The package provides the funding required to repay the Senior Debt facility and is expected to provide the necessary liquidity to fund all value accretive derisking activities through to a final investment decision Stream expected to represent a small percentage of the gold over the life of mine which, together with the modest NSR royalty, reinforces Warintza’s position as a multi-generational tier 1 copper project following significant due diligence and financial commitment on accretive terms providing a robust reflection of the potential scale, economics and stage of development Stream termination provision contai
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / VANCOUVER, BC , May 21, 2025 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN ) is pleased to announce that the Company has closed its previously announced brokered private placement (the " Brokered Offering ") and non-brokered private placement (the " Non-Brokered Offerin g", and together with the Brokered Offering, the " Offerings ") for aggregate gross proceeds of C$5,439,495 . Mark Tory , President and CEO commented: "We're very pleased to have closed this financing with strong participation from supportive shareholders and strategic investors. While the broader market remains selective, raising over C$5.4 million is a clear vote of confidence in the
May 19, 2025
May 19, 2025 (Source: Elementos Limited) Elementos Limited (ASX: ELT) (Elementos) is pleased to announce that it has entered into a binding agreement with Metals X Limited ACN 110 150 055 (ASX: MLX) (Metals X) to raise $5.0 million by way of a strategic private placement at an issue price of $0.0848 per new fully paid ordinary share in Elementos (Strategic Placement). The proceeds of the Strategic Placement will assist the funding and continued development of our Oropesa Tin Project in Spain towards Final Investment Decision and the continued re-development of our Cleveland Tin Project in Tasmania, as well as general company expenses. Metals X is Australia’s largest tin producer and has been listed on the ASX since August 2004, with a market capitalisation of approximately $483 mil
May 16, 2025
TSX: DIAM /NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES/ SASKATOON, SK , May 16, 2025 /CNW/ - Star Diamond Corporation (the "Company") (TSX: DIAM ) is pleased to announce that it has reached an agreement with Spirit Resources s.a.r.l. ("Spirit") to provide funding to the Company by way of a private placement (the "Private Placement") of units ("Units") for gross proceeds of Cdn. $4,000,000 and an interim Cdn. $800,000 unsecured loan. The proceeds of the Private Placement and loan will be used for working capital and general corporate purposes, including to advance a prefeasibility study with respect to the Fort à la Corne diamond project. Under the Private Placement, Spirit has agreed to subscribe for 133,333,333 Units at a price of Cdn. $0.03 pe
May 16, 2025 ( ACCESS Newswire) - N ioCorp Developments Ltd . (" NioCorp " or the " Company ") ( NASDAQ:NB ) is pleased to announce that it has received a preliminary, non-binding Expression of Interest (the " EOI ") from UKEF, for a potential debt guarantee of up to $200 million to help finance construction of NioCorp's proposed Elk Creek Critical Minerals Project (the " Elk CreekProject "). While only an EOI, any eventual loan guarantee from UKEF to NioCorp would be contingent upon NioCorp meeting certain conditions, including among other matters execution of an offtake agreement for one or more of NioCorp's planned products to UK-based companies that in turn can be shown to support UK exports. NioCorp is engaged in discussions with UK-based exporters on the
May 16, 2025 (Source: Medallion Metals Limited) Highlights • Medallion has received firm commitments to raise $27.5 million through a targeted Institutional Placement with a select group of high quality, long only resources investors • The strongly supported Placement is a significant endorsement of the Company’s team, assets and strategy • Post completion of the Placement, Medallion will be well funded with circa $31 million in cash (net of capital raising costs) to progress the near-term gold and copper production opportunity for the Ravensthorpe Gold Project (RGP) with processing at Forrestania • Scoping Study announced in December 2024 confirms the technical and commercial merits of the unique low capex, rapid pathway to gold and copper production through the FNO infra
KELLOGG, Idaho and VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“ Bunker Hill ” or the “ Company ”) ( TSX-V: BNKR |OTCQB: BHLL ) is pleased to announce total funding of US$10.3 million, including a cash order book for its previously announced brokered private placement that has reached a gross amount of approximately US$6.5 million, and additional debt settlement and equity payments totaling US$3.8 million. In addition, the Company announces certain updates to the overall financing initiative and capital restructuring as described in prior announcements on March 6, 2025 and March 25, 2025. The capital restructure is anchored by an equity investment by Teck Resources Limited (“ Teck ”), and includes the conversion into equity of certain outstandi
May 15, 2025
MONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) (“Troilus” or the “Company”) announces that it has secured a loan agreement (the “ Loan Agreement ”) with Auramet International, Inc. (the “ Lender ”) for a principal amount of up to US$35 million (~CDN$49 million) (the “ Loan ”). This non-dilutive facility will support Troilus’ near-term development activities, including final permitting, early works preparation, and advancement toward full project financing. Justin Reid, CEO of Troilus, commented “ In addition to Troilus’s already strong balance sheet and the anticipated inflow from more than $16 million of in-the-money warrants, this Loan provides Troilus with enhanced financial flexibility at a lower cost of capital than other availabl
(All dollar amounts are in thousands of United States dollars unless otherwise indicated, except for shares, per ounce, and per share amounts) TSXV: MTA NYSE American: MTA VANCOUVER, BC , May 15, 2025 /CNW/ - Metalla Royalty & Streaming Ltd. (" Metalla " or the " Company ") (TSXV: MTA ) (NYSE American: MTA) announces its operating and financial results for the three months ended March 31, 2025 . For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2025 , please see the Company's filings on SEDAR+ ( www.sedarplus.ca ) or EDGAR ( www.sec.gov ). Shareholders are encouraged to visit the Company's website at www.metallaroyalty.com . Wasamac On Feb
May 14, 2025
Toronto, Ontario--(Newsfile Corp. - May 14, 2025) - Excellon Resources Inc. (TSXV: EXN) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to announce that it has closed its previously announced brokered private placement (the " Offering ") for aggregate gross proceeds to the Company of C$8,000,000.09, which includes the full exercise of the agents' option. Pursuant to the Offering, the Company sold an aggregate of 76,190,477 units of the Company (the " Units ") at a price of C$0.105 per Unit. Each Unit consisted of one common share of the Company (each, a " Common Share ") and one-half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a " Warrant Share ") at a