From competitor to partner, AI joins forces with the explorers
If you’re a long-term reader of mine, you’ll know I’ve framed tech in a rather skeptical light. Perhaps unfairly. But when it comes to liquidity in the financial system, there’s…
Australia, NZ & South Pacific
OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t
OceanaGold (TSX: OGC; US-OTC: OCANF) is hoping its Waihi North project will meet the requirements for accelerated development of major projects under a new permitting regime introduced by New Zealand’s…
PDAC: Faster permitting key to advancing critical mineral projects, panel warns
Governments must help cut permitting and production timelines if Canada is to produce enough minerals to reach net zero goals by 2050, says the CEO of Ring of Fire project…
SolGold to invest US$3.2B in Cascabel under deal signed with Ecuador
Shares in Ecuador-focused SolGold (LSE: SOLG; TSX: SOLG) shot up more than 23% on Wednesday after the company committed to invest US$3.2 billion in its flagship Cascabel copper-gold project and…
PDAC 2024: Junior miners see short-selling ‘epidemic’
Junior miners at this week’s Prospectors and Developers Association of Canada (PDAC) convention say recently proposed new rules about short-selling could help stem the bleeding in their stocks, which are…
Macquarie flags nickel deficit as Indonesian permit delays drag growth
The global nickel market risks a surprise deficit this year amid slowing processing timelines for new Indonesian nickel mine permits, the Macquarie Group said in a report Thursday. This bottleneck…
Diamond producers warn of pitfalls in G7’s Russia gem ban
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of…
Karora drills hit high-grade gold, nickel in Oz
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF) has released high-grade drill results from the Fletcher shear and Larkin gold zones and the emerging 50C nickel zone at the Beta Hunt…
Legacy uses AI to discover platinum in Australia
Legacy Minerals (ASX: LGM) says it’s deployed artificial intelligence software to discover platinum group elements (PGE) and nickel-copper-iron sulphides on the Fontenoy project in New South Wales, Australia. Diamond drillhole…
BHP’s tech-inspired startup program closes in on first deals with tiny explorers
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is using its giant heft to jumpstart small exploration companies with new ideas on how to find energy transition minerals. The company’s BHP…
JV Article: Spacetech – A paradigm shift in mineral exploration
An Adelaide, Australia-based space technology company is revolutionizing mineral exploration by delivering 3-D subsurface models in days, dramatically accelerating the acquisition and processing of geophysical data used for the selection…
Newmont to sell mines in Canada, Australia after Newcrest buy
Newmont (TSX: NGT; NYSE: NEM) says it plans to sell six inessential assets including mines in Quebec, Ontario, the Yukon and Western Australia to cut debt. The list contains the…