Cassiar Gold’s shares down on $7 million bought deal
Net proceeds raised from the offering are for the exploration of the Cassiar gold property in British Columbia.
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Japan to subsidize half the costs of lithium, critical minerals projects – report
The initiative seeks to secure domestic supply of materials used in manufacturing electric car engines and batteries.
Teck scrambles to secure split vote, with outcome uncertain, CIC missing in action and back-office issues causing frustration: source
Glencore declined to comment on whether it has met yet with CIC.
Silver market fundamentals strong as it enters a new era of supply deficits
Silver Institute says the global silver market was undersupplied by 237.7 million ounces in 2022, “possibly the most significant deficit on record.”
Germany draws up €2 billion state fund to secure key commodities
The new financing vehicle could start next year if the ruling coalition agrees on the funding.
Record gold prices in India slow buying in second-biggest market
The country accounts for more than a fifth of world demand for jewelry, bars and coins.
Zimbabwe’s digital currency plan needs $100 million of gold
Zimbabwe has been struggling to stem a decline in the currency in the nation where the US dollar is the unit of choice.
Teck Resources should remain in Canada, says Finance Minister Freeland
"We need companies like Teck here in Canada, companies with a strong commitment to Canada," Freeland wrote in a letter to the Greater Vancouver Board of Trade.
Sibanye resumes underground production at Stillwater West after shaft repairs
Production will build up over a two-week period and is expected to be at normalized levels by end of April 2023.
