Rio Tinto and Turquoise Hill get serious, ink binding takeover deal
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has inked a definitive arrangement with Turquoise Hill Resources (TSX: TQR) to buy the 49% of the Canadian miner it doesn’t already…
Australia, NZ & South Pacific
TNM Drill Down: Top gold assays for the week Aug. 26 to Sept. 2
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
Turquoise Hill’s top five investor rejects Rio Tinto’s bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR), is ready to put the brakes on Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Lucapa finds Angola mine’s sixth-largest white diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date. The diamond was found at the…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand. Essential…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
Junior exploration sector poised for value investment, say analysts
The beaten-down junior mining complex currently sits at an attractive investment entry point as the sector continues to trade lower relative to gold and other equities, Haywood Capital Markets analysts…
TNM Drill Down: Top Ten best gold drill results year to date
While rising interest rates have weighed on the gold price since it hit its most recent peak of over US$2,050 per oz. in March, exploration for the yellow metal is…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
TNM Drill Down: Top Ten best nickel drill results year to date
The need to discover new sizeable economic nickel deposits has never been more acute as the world transitions to a clean-energy-driven economy that relies heavily on nickel-based battery technologies and…
TNM Drill Down: Top gold assays for the week Aug 19-26
Our TNM Drill Down feature highlights the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence. Brisbane-based Santana…
Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…