By Rose Ragsdale
For Mining News 

Firm closes deal to develop Pine Point

Mining investment firm agrees to C$100M for NWT zinc project North of 60 Mining News - May 5, 2023

 

Last updated 5/11/2023 at 2:36pm

Aerial view of the Osisko’s work camp at the historic Pine Point zinc mine.

Osisko Metals Inc.

Pine Point Mining will leverage Apian Capital Advisory's C$75 million investment and extensive mine development experience to advance the historical Pine Point zinc mine to "shovel-ready" status.

Osisko Metals Inc. has finalized a joint-venture agreement with one of the world's leading mining and metals investment advisors that could propel its Pine Point project in Northwest Territories into becoming one of the top-10 zinc-lead producing mines in the world.

Inked in late February, the estimated C$100 million deal with Appian Capital Advisory LLP, a unit of Appian Natural Resources Fun...



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