Molycorp to raise US$420 M in IPO for rare earths mine
Molycorp, owner of the Mountain Pass rare earth element mine in California, is going ahead with an initial pub…
Australia, NZ & South Pacific
Aussie gov’t retreats, waters down RSPT
The past few days have lived up the old adage that a week is a lifetime in politics.
Editorial: Aussie gov’t retreats, waters down RSPT
The past few days have lived up the old adage that a week is a lifetime in politics.
Financing the future of exploration
The following is an edited and condensed version of a presentation given by incoming Prospectors and Developers Association of Canada (PDAC) president, Scott Jobin-Bevans to the Association of Mining …
Rudd’s fall stokes miners’ optimism
The swift and surprising ouster of controversial Australian Prime Minister Kevin Rudd brought with it new hopes for miners that the dreaded Resource Super Profits Tax (RSPT) proposal in Australia can …
Intrepid raises sale price of Paulsens mine to A$40 M
Intrepid Mines (IAU-T, IAU-A) has squeezed up to A$13 million extra out of Northern Star Resources (NST-A) in …
Editorial: Rudd’s fall stokes miners’ optimism
The swift and surprising ouster of controversial Australian Prime Minister Kevin Rudd brought with it new ho…
Macarthur Minerals posts new resource on Lake Giles iron ore project
Macarthur Minerals (MMS-V) has completed the first inferred resource estimate for surface hematite-goethite mi…
Xstrata pulls plug on new investments in Australia
The backlash against Australia’s proposed Resource Super Profits Tax (RSPT) is starting to draw blood with Xstrata’s (XTA-L, XSRAF-O) decision to suspend US$495.2-million worth of investments in its W…
Killing the golden goose
Chief executives in the mining industry told PricewaterhouseCoopers (PwC) in a recent survey that they feared cash-strapped governments would increasingly look to mining companies as a source of addit…
Xstrata pulls plug on investments in Australia
The backlash against Australia’s proposed Resource Super Profits Tax is starting to draw blood with Xstrata’s …
Crocodile reaches commercial production at Union Reefs
After having its first gold pour six months ago, Crocodile Gold (crk-t) has reached commercial production at i…