Australia’s gold miners build M&A war chests
Australia’s top gold producers have stockpiled billions of dollars in cash and bullion as record-high gold prices fuelled by geopolitical turmoil and central bank demand swell balance sheets across the…
Australia, NZ & South Pacific
Editorial: Voyage from the bottom of ice station zebra
The closure in July of the Point Lake part of the Ekati complex in the Northwest Territories is the latest blow to Canada’s Far North diamond industry. Owner Burgundy Diamond…
Winsome walks away from Renard diamond mine buy
Winsome Resources (ASX: WR1) is dropping its proposed acquisition of the Renard diamond mine, a deal that would have fast-tracked the development of its flagship Adina lithium project in northern…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Vista Gold study doubles value, slashes costs for smaller Mt Todd project
A feasibility study update for Vista Gold’s (TSX, NYSE-AM: VGZ) open-pit Mt Todd project in Australia almost doubles its value and mine life while cutting costs by 59% over the…
Temas CEO targets dual ASX listing by September
Temas Resources (CSE: TMAS) is working on an Australian Stock Exchange listing that will help the Canadian explorer and metals technology company broaden its investor base and advance two titanium-vanadium-iron projects…
Site visit: Saturn adopts locally rare heap‑leach
Saturn Metals (ASX: STN) is planning to build a large-scale heap leach operation at its Apollo Hill project in Western Australia, making it a bit of an outlier in the…
Gem Diamonds to cut jobs amid industry collapse
Gem Diamonds (LSE: GEMD) has become the latest casualty in a deepening crisis engulfing the global diamond industry, announcing sweeping cost-cutting measures as the market buckles under falling prices and…
Paladin Energy sinks as guidance underwhelms
Shares of Paladin Energy (ASX, TSX: PDN) declined on Wednesday after delivering an underwhelming uranium production guidance for the 2026 financial year despite reporting its best operating quarter. The Australian…
Glencore workers brace for Mount Isa layoffs
Glencore (LSE: GLEN) is set to shut its final two copper mines in Mount Isa, Queensland, next week, ending more than six decades of operations and marking the company’s exit…
Copper M&A sees Kinterra buy New World
The months-long takeover battle for Australian copper developer New World Resources (ASX: NWC) is drawing near a conclusion after Canadian private equity firm Kinterra Capital lodged an improved offer to…
AVZ slams Congo-KoBold deal
Australia-based AVZ Minerals (US-OTC: AZZVF) said on Monday a new agreement between the Democratic Republic of Congo (DRC) and U.S.-backed KoBold Metals violates an international arbitration order tied to the…