BHP starts $5B upgrade at world’s largest copper mine
BHP (ASX, NYSE, LSE: BHP) has kicked off the environmental permitting process for a new concentrator at its giant Escondida copper mine in Chile, a project valued around $5 billion…
Australia, NZ & South Pacific
Atlantic Lithium wins key Ghana approval for mine
Australia’s Atlantic Lithium (ASX: A11) has secured Ghanaian parliamentary approval to develop the Ewoyaa project, the country’s first lithium mine, under revised royalty terms tied to market prices. The ratified…
War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Sponsored Video at PDAC: Alkane plans using merger cash flow for more M&A
Alkane Resources (ASX, TSX: ALK; US-OTC: ALKRY) wants to hold output steady from its new three-mine portfolio and pursue another merger or acquisition within 12 months, Managing Director and CEO…
Sponsored article: Novo Resources boosts gold goal in Victoria
Novo Resources (ASX, TSX: NVO) has increased the exploration target for its Belltopper gold project in southern Australia and kicked-off preparations for inaugural drilling work at its gold, silver and antimony project in the west. The company has released an exploration target…
BHP promotes Brandon Craig to CEO from July 1
BHP (ASX, LSE, NYSE: BHP) said company veteran Brandon Craig will succeed Mike Henry as CEO at midyear and oversee the next stage of the giant company’s diversification away from steelmaking…
Benz drills bonanza gold at Australia’s Mt Egerton
Benz Mining (ASX: BNZ) has made an ultra-high-grade gold discovery beneath the historical Hibernian mine at Mt Egerton in Western Australia, returning 7 metres grading 223 grams gold per tonne…
Orion’s largest fundraising lifts total past $9B
Orion Resource Partners has completed the final close of its Mine Finance Fund IV at $2.2 billion, representing its biggest fundraising to date. Pension funds, sovereign wealth funds and other…
Southern Cross drills antimony discovery in Australia
Drilling at Southern Cross Gold’s (TSX: SXGC; ASX: SX2; US-OTC: SXGCF) Sunday Creek project in Australia returned the strongest gold-antimony result yet at the Apollo target. Shares rose. Highlight hole…
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Middle East conflict jolts energy and metals markets
BMO analysts warn disruptions to oil, chemicals and minerals could reshape commodity markets if tensions persist.
Lynas-Japan deal ‘insulates’ from China rare earth prices
A revised deal between Australia’s Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY) and Japanese customer JARE firms up supplies of heavy rare earths and creates a price floor as a…