Luxor turns Crocodile hunter
Luxor Capital Group, a New York-based investment company, has launched a partial bid for Crocodile Gold (CRK-T), which operates gold mines in Australia.
Australia, NZ & South Pacific
Lower metal prices force Moly Mines to halt project development
Lower prices and a higher Australian dollar have combined to force Moly Mines (MOL-T) to put its Spinifex Ridge molybdenum-copper project on hold.
China sets first tranche of 2012 REE export quotas
China has determined that its first tranche of export quotas for rare earth elements in 2012 will be 10,546 tonnes, down 27% from its first tranche of export quotas in 2011, but the China Daily reported that officials at the Ministry of…
Salmon River posts resource at Mt. Manning North
The Mt. Manning iron ore deposit in the Yilgarn region of Western Australia has inferred resources of 124 million tonnes grading 25.4% iron at a cut-off grade of 20% iron, reports Salmon River Resources (SAL-V).
Crocodile may get a lowball offer
Luxor Capital Group, a New York-based investment company, intends to make a partial bid for Crocodile Gold (crk-t), which operates gold mines in Australia.
Intrepid continues to expand Tumpangpitu
Vancouver – For the third time in a little over a year Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.
First Point stakes new nickel prospects
Nickel-iron alloy explorer First Point Minerals (FPX-V) has discovered promising showings of awaruite mineralization in Australia and the Yukon. The company has staked large land packages surrounding the showings and will look to drill both…
First Point stakes new awaruite prospects in Australia, Yukon
Vancouver – Nickel-iron alloy explorer First Point Minerals (FPX-V) has discovered promising showings of awaruite mineralization in Australia and the Yukon. The company has staked large land packages surrounding the showings and will look to…
A strong quarter for Talison
Talison Lithium (TLH-T, TLH-V) got a healthy boost from higher sales and production for the period ended Sept. 30. Its shares jumped 26.5% to $3.77 on the news.
A strong quarter for Talison
Talison Lithium (tlh-t) got a healthy boost from higher sales and production for the period ended Sept. 30. It shares jumped 26.5% to $3.77 on the news.
Australia’s mining elite
As strong demand from China spurs development of Australia’s vast mineral resources amid record-high commodity prices, a new swath of mining executives have come to dominate Australia’s mega-rich. Australia now has 20 billionaires, says…
Central Iron Ore seeks more gold in Western Australia
Central Iron Ore’s (CIO-V) primary focus may be the magnetite and direct shipping ore it believes exists on its 652 sq. km of tenements in the Yilgarn iron ore province of Western Australia, but the junior is also busy exploring for gold and…