High Power Exploration
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Friedland-backed HPX to fast-track Guinea iron ore project
Billionaire Robert Friedland-backed High Power Exploration (HPX) said on Monday it had raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea, home to some of the world’s highest-grade deposits, including the giant Simandou. The funds received will…
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Brixton teams with Friedland company on Hog Heaven project
Brixton Metals has entered a joint venture agreement on its wholly owned Hog Heaven project with High Power Exploration (HPX), a privately owned mining company led by billionaire and Ivanhoe Mines founder Robert Friedland. The Hog Heaven project is an advanced-stage…
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COPPER-GOLD: China’s JCHX takes stake in Cordoba Minerals
COLOMBIA – Cordoba Minerals says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is currently completing underground development work in the Democratic Republic of…
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MINING PEOPLE: Defiance Silver, Forum Energy Metals, High Power Exploration, MBMI, Prospero Silver, Sable, Wallbridge, PDAC 2020 Awards
Defiance Silver has announced the resignation of Randy Smallwood from its board of directors; he is joining the company’s advisory board and will remain on its technical committee. Energy metals explorer Forum Energy Metals appointed Paul Dennison to its board…
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IRON ORE: High Power Exploration raises US$88 million
VANCOUVER – Robert Friedland’s High Power Exploration has closed a US$88-million equity investment from an undisclosed U.S.-based institutional investor that will allow the privately held company to fast track development of its Nimba iron ore project in southeastern Guinea. The company says…
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EXPLORATION: New survey system from HPX goes to China
VANCOUVER – Robert Friedland, Chairman and CEO of High Power Exploration Inc. (HPX), and Eric Finlayson, president, announced on Feb. 18 that the company has entered into lease and technical assistance agreements with Shandong Yantai Xintai Gold Mining Co., a…
