Superior Gold expands Plutonic
In its first year as a public company and gold producer, Superior Gold (TSXV: SGI) churned out 82,019 oz. of the precious metal from its Plutonic mine in Western Australia,…
Australia, NZ & South Pacific
Facts ‘n’ Figures: Global exploration spending on the rebound, study finds
The following is an edited excerpt from the World Exploration Trends report, released by S&P Global Market Intelligence. To see the full report, visit www.spglobal.com/marketintelligence. Things are looking up for…
Tianqi to build world’s largest spodumene converter
Tianqi Lithium Australia, a subsidiary of China’s Tianqi Lithium, has started building a state-of-the-art spodumene converter that will produce battery-grade lithium hydroxide in Kwinana, Western Australia. Initial production is expected…
TSX Venture Exchange inches higher, Feb. 5-9
After falling nearly 90 points in the first week of February, the S&P/TSX Venture Composite Index has levelled off, rising 0.2% to finish at 813.39. Shares of Gold Reserve rose…
Friedland-backed Clean TeQ Holdings debuts on TSX
Clean TeQ Holdings (TSX: CLQ; ASX: CLQ), which owns the Sunrise project in Australia, one of the highest-grade and largest nickel-cobalt deposits outside of Africa and one of the highest-grade…
More exploration needed, MinEx’s Schodde says
VANCOUVER — A looming decline in production from Australia’s gold mining industry could be a wake-up call for explorers worldwide, MinEx Consulting managing director Richard Schodde says. The industry soothsayer…
Lithium demand to triple by 2025, CRU expects
Regulations in China that plug-in hybrid electric vehicles and fully electric vehicles must make up 8% of all new vehicle production in the Asian juggernaut in 2018, rising to 10%…
Roskill’s Jack Bedder peers into cobalt crystal ball
Cobalt has more than doubled in price from US$14.75 per lb. in late December 2016 to over US$30 per lb., making it one of the top performing metals this year….
Novo shares tumble on sampling woes at Purdy’s Reward
VANCOUVER — Novo Resources (TSXV: NVO; US-OTC: NSRPF) is “uncomfortable” with the experimental, bulk-sampling technique it has been using for grade estimation at the company’s Purdy’s Reward paleoplacer joint-venture gold project…
Scandium International advances rare Nyngan project
Scandium International Mining (TSX: SCY) forecasts that its Nyngan scandium deposit in Australia will be in production in the first half of 2019, which should make it the first scandium-only…
Copper Mountain bids US$70M for Altona Mining
VANCOUVER — Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) has tabled a US$70-million, all-share bid for Australia-based Altona Mining (ASX: AOH) and its district-scale Cloncurry copper-gold property, 95 km northeast of…
US markets post marginal gains, Oct. 30-Nov. 3
The unemployment rate in the U.S. fell to 4.1% to a new 17-year low over the reporting period. Spot gold ended the week at US$1,269.40 per oz., down 0.30%, or…