Rio Tinto eyes rare earths sector
Rio Tinto (ASX: RIO) is considering a move into rare earths and other critical minerals as it responds to shifting global market dynamics and trade tensions. Following the company’s annual…
Australia, NZ & South Pacific
Uranium juniors grapple with spot price whiplash
Junior uranium miners are considering alternative strategies to attract investors amid a disconnect between spot price enthusiasm and investor uncertainty. Equity raised by uranium miners on the TSXV jumped…
Southern Cross banks $143M to fast-track Sunday Creek resource estimate
Australia’s Southern Cross Gold (ASX: SXG) raised $143 million (A$162 million) in a private placement in Canada to support work at the Sunday Creek gold-antimony project. Bankers from Stifel Nicolaus…
Copper surplus to more than double in 2025: ICSG
The global copper market is expected to see a significant surplus over the next two years as U.S. tariffs’ negative impact on demand outweigh supply growth, the International Copper Study…
Q1 gold demand soars to highest since 2016: WGC
First-quarter gold demand hit its highest level in nine years as exchange-traded funds loaded up on the metal, according to the World Gold Council (WGC). Total gold demand reached 1,206…
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
US offers $190M to Victory Metals rare earths project
Victory Metals (ASX: VTM) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for up to $190 million (A$292 million) in financing to develop…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Ruling Labor may defeat ‘Trump-lite’ Dutton Down Under
While the cost of living and a housing crisis are the main issues for Australian voters May 3, politicians recognize the need to win over the country’s mining sector that…
Northern Star nears final hurdle in De Grey takeover
Shareholders of De Grey Mining voted overwhelmingly in favour of a buy-out by Australia’s largest gold producer Northern Star Resources.
BHP OK’d to run Mt Arthur to 2030, eyes hydro future
BHP will run the mine for four additional years and may convert it into a pumped hydro facility to support a post-coal future.