Hot News in this Week
Sep 12, 2025
Lundin Gold CEO Ron Hochstein to step down after a decade of leadership, replaced by Jamie Beck, former Filo Corp. CEO and Director, effective November 7, 2025. Beck brings a proven track record of creating shareholder value within the Lundin Group, having delivered an approximate 1,700% return for its shareholders during his tenure as CEO of Filo.
Source: www.mining.com
Northern Graphite, a Canadian mining company, plans to raise up to $2.2 million (C$1.6 million) through a non-brokered private placement of up to 20 million common shares at $0.11 per share. The funds will be used for a feasibility study on a planned battery anode material plant in Baie-Comeau, Quebec, as well as working capital and corporate expenses. This comes after the federal government provided a C$6.2 million repayable contribution to boost the company's main Lac des Îles mine in Quebec, which is expected to keep the mine in operation and allow the company to continue serving industrial customers while pursuing its goal of becoming a key supplier to growing defence and battery markets in North America.
Source: www.mining.com
Q2 Metals has expanded its exploration and drilling activities at its Cisco Lithium Project in Quebec after raising $26 million in a private placement financing in August, with three drill rigs currently operating and a fourth expected to start in November.
Source: www.miningfeeds.com
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