Australia, NZ & South Pacific



Australian billionaire Andrew Forrest owns 31.7% of Poseidon Nickel.

Poseidon hopes to restart Mt. Windarra in 2014

Australian billionaire Andrew Forrest stepped down in September as non-executive chairman of Poseidon Nickel (ASX: POS) to focus on his philanthropic endeavours, but his resignation didn’t signal any underlying loss of confidence in…


Newmont leads by example

The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…




Rio Tinto to stay in the diamond business

Rio Tinto (RIO-N, RIO-L) announced in June that it will hang onto its diamond assets after all, concluding a strategic review of the business that the miner began in March…


Workers tend to equipment at the Fosterville gold mine in Australia. Source: Crocodile Gold

Real tears of joy for Crocodile

Crocodile Gold (TSX: CRK; US-OTC: CROCF) investors are soaking up the good news. The Toronto-based miner boosted its 2013 production guidance on the back of higher-than-expected gold production in the third quarter. Given consistent output…


Exploration staff collecting samples at WCB Resources' Misima Island gold-silver project, 630 km southeast of Port Moresby, Papua New Guinea. Source: WCB Resources

WCB unveils multi-million ounce gold-silver deposit

VANCOUVER — Things look to be heating up for junior explorer WCB Resources (TSXV: WCB) on the small island of Misima, 630 km southeast of Port Moresby, Papua New Guinea. The company has laid low for nearly a year, but it seems to have…


Cartoon by JK.

PwC gold study charts new ground

A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…


Boart Longyear CEO Richard O'Brien.

Boart Longyear weathers downturn

When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.



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