TNM Drill Down: Musgrave hits bonanza grades at Cue
Our TNM Drill Down features highlights of the top gold assays from July 28 to Aug. 4. Drill holes are ranked by gold grade x width, as identified by our…
Australia, NZ & South Pacific
Barrick prepares to restart Porgera gold mine in PNG
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to restart operations at the Porgera gold mine in Papua New Guinea (PNG) later this year, according to CEO Mark Bristow, while an…
What’s driving gold miners’ copper craze?
Gold miners have never been more bullish. But not on gold — on copper. The red metal is one of the driving forces behind Newmont’s takeover of copper-rich fellow gold…
ASM inks deal to sell rare earths to US magnet maker
Australian Strategic Materials (ASX: ASM) has inked a five-year agreement to supply neodymium iron boron (NdFeB) alloy from its Korean Metals Plant (KMP) to magnet maker USA Rare Earth LLC….
How Rainbow Rare Earths plans to bootstrap itself onto the global stage
Rainbow Rare Earths (LSE: RBW) is making strides in the rare earths sector as its Phalaborwa project in South Africa underpins an aggressive international growth strategy. While pilot-scale production at…
Rio Tinto inks earn-in deal for lithium project in Rwanda
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is making its first foray into Rwanda by signing an earn-in investment and joint-venture agreement with African-focused Aterian (LSE: ATN) to develop…
TNM Drill Down: New Found’s Queensway South points to more discoveries
Our TNM Drill Down features the top gold assays of the week of July 21-28. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
Patriot Battery posts first Corvette lithium resource, shares dip
Patriot Battery Metals (TSXV: PMET; ASX: PMT) has delivered the long-awaited maiden resource estimate for the CV5 pegmatite at the Corvette lithium project in James Bay, Que., saying that results…
Rio Tinto, Codelco join forces to find more copper in Chile
Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in…
Saudi firm to buy 10% stake in Vale’s energy metals business
Vale (NYSE: VALE) has inked a binding agreement with Manara Minerals, a joint venture between Saudi Arabia’s state-owned miner Ma’aden and the kingdom’s Public Investment Fund. In this deal, Manara…
Canadian gold miners post strong Q2 performance
A number of gold companies released record operating and financial results after Wednesday’s market close. Agnico-Eagle, Alamos Gold, New Gold, Perseus Mining, and Westgold Resources all reported impressive figures, beating…
Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold
Sherry Duhe has only been in the mining world for a year and half. But she’s already been tasked with steering Australia’s largest gold miner, Newcrest Mining (TSX: NCM; ASX:…