China’s M&A is “stepping up a notch” and with access to cheaper capital from state-owned banks the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a new report from CITI Investment Research in…
Shares of Equinox Minerals (EQN-T, EQN-A) surged 31.5% or $1.80 per share to $7.51 today on news that Minmetals Resources wants to buy the company for $6.3 billion — the largest proposed minerals takeover bid in China’s history.
Vancouver – Having spent the last two decades making a A$338-million fortune providing accommodation to mining companies, Australia’s Kevin Maloney has now decided to try his hand at the real thing. In March, he invested $10.2 million in…
Having a geographically diversified portfolio of mining projects is always a good idea, but it is especially so when one of your projects is in Cote d’Ivoire. La Mancha Resources (LMA-T) had to suspend all gold mining and exploration activities…
Resolute Mining (RSG-X) – the second-largest gold producer listed on the Australian Stock Exchange – may be preparing to wind down its Golden Pride mine in Tanzania in East Africa over the next 24 months after twelve very successful years and…
In an analysis of the disruption of coal exports from Queensland, research and consulting firm Wood Mackenzie estimates that more than half of Australia’s coal exports are likely to be affected and the impact will be felt strongly in the global…
In barely five months Vista Gold (VGZ-T, VGZ-N) has doubled the gold count at its Australian Mt. Todd project with an updated prefeasibility study.
Falling metal prices and a higher Australian dollar have forced Moly Mines (MOL-T, MOL-A) to put on hold its Spinifex Ridge molybdenum-copper project in Western Australia’s Pilbara region.
Vancouver – A human rights ruling in the Philippines seems to have raised doubts as to the future of OceanaGold’s (OGC-T) Didipio project, while the Australian miner is assuring investors the project is a go.
When Aldridge Minerals (AGM-V) acquired a 450 sq. km license in Papua New Guinea in February 2009, it fielded three requests from majors to joint-venture the property even before any samples were taken.
Vancouver – A pioneering deep-sea mining operation is a big step closer to reality after Papua New Guinea granted a mining lease to Nautilus Minerals (NUS-T) for its Solwara 1 project in the Bismarck Sea.
In a brief analysis of the disruption of coal exports from Queensland, Wood Mackenzie estimates that more than half of Australia’s coal exports are likely to be affected and the impact will be felt strongly in the global coal markets.
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