Australia’s VHM nears investment decision on Goschen rare earths project
After listing on the Australian Stock Exchange in January, VHM (ASX: VHM) said it will make a final investment decision in the second half of this year on its flagship,…
Australia, NZ & South Pacific
Australian Burgundy buys Canada’s largest diamond operation, Arctic Canadian
Burgundy Diamond Mines (ASX: BDM) is buying debt-burdened Arctic Canadian, owner of Canada’s largest gem workings, the Ekati mine, to become one of the world’s biggest diamond operations. The purchase…
TNM Drill Down: Great Boulder leads week’s top gold assays with Side Well in Australia
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
Drilling extends Global Lithium’s Manna deposit in Australia
Assays from Global Lithium Resources’ (ASX: GL1) Manna lithium project in Western Australia show a large-scale pegmatite system that could extend the proposed mine’s decade-long life, analysts say. A new…
Sibanye-Stillwater secures controlling stake in New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia’s New Century Resources (ASX: NCZ), which it’s attempting to acquire, to nearly 71%. The move comes…
TNM Drill Down: Rox Resources leads week’s top gold assays with Youanmi in Australia
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
PDAC: Energy transition presents Canada with mining windfall, says McKinsey’s Hoffman
The shift to green energy will demand the use of all metals, not just critical in a multi-trillion dollar industrial transition, said McKinsey’s Ken Hoffman at PDAC in Toronto on…
Outgoing PDAC president weighs in on the keys to a vibrant exploration sector
Alex Christopher was appointed president of the Prospectors and Developers Association of Canada in March 2021 for a two-year term. The geologist and senior vice-president, projects & technical services with…
After a dismal 2022, financing ‘wheels are turning again’
The numbers are in for mine financings in 2022, and they are disappointing, if not surprising. According to just-released figures from the Prospectors and Developers Association of Canada, global financing…
SQM earmarks US$3.4B in spending by 2025 as profits soar
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, said on Thursday it had earmarked US$3.4 billion of new capital spending by 2025 to boost its production capacity to 210,000 tonnes…
BHP seeks to tighten grip on South America’s copper sector
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), the world’s largest miner, is mulling expanding its investments in Argentina’s copper sector, where it already has a presence through its 5% stake…
TNM Drill Down: New Pacific Metals reports top gold hit during Feb. 17-24
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…