Northwire Canada EditionSunday, September 13, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
Financings

Cerro de Pasco Resources Enters Project Development Funding Agreement with U.S. International Development Finance Corporation for Quiulacocha

U.S. Government Backing Validates World’s Largest Above-Ground Metal Resource

By The Northwire Desk — AI Analysis Mar 02, 2026 · 09:42 CDPR · 0.74 Cerro De Pasco Resources Inc.
Executive Summary

The most recent news (March 02, 2026) announces that Cerro de Pasco Resources (CDPR) has entered into a Project Development Funding Agreement with the U.S. International Development Finance Corporation (DFC). The DFC will provide up to US$5 million in milestone-based funding for technical studies (Sonic drilling, Feasibility Study, ESIA) on a 1:1 matching basis. Crucially, the DFC is also "considering" providing up to US$300 million in long-term direct loan financing for the construction of the Quiulacocha Tailings Reprocessing Project. This follows a trading halt implemented by CIRO earlier that morning.

Material Impact

This news is Material - Positive and borders on a "Game Changer" for several reasons: - Sovereign Validation: Direct support from a U.S. government agency (DFC) provides a massive layer of political and financial de-risking for a project located in Peru. - Strategic Metal Focus: The explicit mention of Gallium and Indium—metals critical to U.S. defense and semiconductors—shifts the project's narrative from a simple silver/zinc play to a strategic asset in the global supply chain. - Path to CAPEX: While the $5M is incremental, the $300M potential loan addresses the single largest hurdle for junior developers: construction financing. - Comparison to History: Looking at the 2025 news flow, the company successfully cleared its balance sheet (Trevali settlement) and raised $22.7M with Eric Sprott. This DFC agreement is the logical "next level" of institutional validation.

CDPR · Price
Company Overview

CDPR is focused on the "circular economy" of mining, specifically the Quiulacocha Tailings Project in Peru. - Flagship: Quiulacocha contains an estimated 75 million tonnes of historical tailings. - Resource: Recent drilling confirmed 5.5 oz/t AgEq, with significant concentrations of Gallium (53.2 g/t). - Advantage: Above-ground resource means no explosives or traditional underground mining, leading to lower extraction costs ($1-$2/ton).

Read the original news release →

More from Cerro De Pasco Resources Inc.

Jun 09, 2026 · 09:44

Cerro De Pasco’s Quiulacocha tailings pilot yields high silver recovery ahead of the first resource estimate to validate scale.

Technical Study Apr 29, 2026 · 07:00

OTCQX Upgrade Validates Compliance, But Project Catalysts Remain the True Valuation Drivers

Regulatory Apr 13, 2026 · 08:03

Cerro de Pasco Aligns Disclosure Ahead of June Drill Start on Peru Tailings

Production / Operations Mar 26, 2026 · 18:17

Cerro de Pasco has Quiulacocha tailings facility access

Other Mar 26, 2026 · 09:04

Unlocking the World’s Largest Above-Ground Metal Resource through Environmental Remediation

Other Jan 09, 2026 · 17:28

Cerro de Pasco Resources talks 2025 work at Quiulacocha

Production / Operations