Australia, NZ & South Pacific

Novo Resources president and CEO Quinton Hennigh.

Hennigh’s grand gold vision in Western Australia

When it comes to early stage exploration, it is not unusual to hear about big ideas and regional plays. But when Quinton Hennigh focused on a theory for the better part of a decade with prolific Australian prospector Mark Creasy, the wheels got…



Drillers at work at Vista Gold's Mount Todd gold project in Australia's Northern Territory. Photo by Vista Gold

Vista keeps growing Mt. Todd

Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for the Batman deposit at its Mount Todd gold project in Australia’s Northern Territory.


Lynas takes step closer to REE production

Lynas Corporation (LYC-A) has been developing its large rare earth project in Western Australia for more than 10 years, and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board (AELB) has brought the project a step…


Coarse ore travels on a conveyor at Ivanhoe Australia's Osborne copper-gold mine in Queensland, Australia. Photo by Ivanhoe Australia

Ivanhoe Australia upgrades resource at Osborne

In late February, Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…


Ivanhoe Australia beefs up Osborne

In late February Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…



Queensland’s new coal royalties upset miners

Australia’s biggest miners say the Queensland government’s move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 10 Sept 7 Sept 6 Sept 5 Sept 4   US$ in C 0.9762 0.9778 0.9825 0.9902 0.9863  …


Editorial: A season for tough decisions

September is always a pivotal month in the business year, with eight months of recent asset performance to sift through and a need to plan for the year ahead. It’s a time for many to take a cold look at whether business units have lived…


Vista keeps growing Mt. Todd

Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for its Batman deposit at the company’s Mt. Todd gold project in Australia’s Northern Territory.


Exco Resources fights takeover bid

Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…


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