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…
BHP
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…
Iron ore boom of the 2000s repeating – this time with critical metals
A headline published in The Age back in July 2003 reads: “[Andrew] Forrest has a grand $1.2bn plan for tiny Perth mining company.” That company was called Allied Mining and…
Global exploration snapshot: Eight companies seeking copper, precious metals and more
As explorers continue to hunt for precious metals and critical minerals needed for the green energy transition, their pursuit takes them to every corner of the world. Here are eight…
Peru approves US$2B Antamina copper mine expansion
Peru’s environmental watchdog has granted Antamina, the country’s largest copper-zinc mine, a long-awaited permit that allows it to kick off a US$2 billion expansion to extend the operation’s productive life…
Strong metals and mining M&A activity to continue over 2024 — report
The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue in…
BHP considers closing Western Australia Nickel operations amid price decline
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Thursday that it is considering closing its Western Australia Nickel operations amid a sharp fall in prices. The miner said it…
Rio Tinto autonomous train derails in Western Australia
Rio Tinto (ASX: RIO) said on Tuesday that an unloaded autonomous train derailed on Sunday evening at about 120 km from Western Australia’s Dampier port. The world’s largest iron ore…
Glencore to sell stake in troubled New Caledonia nickel operation
Glencore (LSE: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop…
Lifezone Metals rises on new nickel discovery at Kabanga
Shares in Lifezone Metals (NYSE: LZM), 17% owned by BHP (NYSE: BHP; LSE: BHP; ASX: BHP) rose in the early hours of Monday’s trading session on news about a high-grade nickel…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…