Red-hot coal market will moderate: analysts
Coal has been a stellar performer lately, with prices advancing in recent contract negotiations for both metallurgical coal (coking coal), used in steel manufacturing, and thermal coal, used to produc…
Australia, NZ & South Pacific
Red Chris back on front burner
The week ended June 21, the 25th trading week of 2008, was highlighted by a court victory that is broadly encouraging for all juniors actively developing mines in Canada.
Oil money now flowing to mining
The government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the first Mi…
Coal market is red hot, but prices will moderate eventually
Coal has been a stellar performer lately, with prices advancing in recent contract negotiations for both metallurgi…
Western Areas to fast-track Spotted Quoll
Seven months after discovering the shallow Spotted Quoll nickel deposit, Western Areas (WSA-T, WSA-A) has completed a scoping study and plans to fast-track the project into production next year.
Progress for Marengo’s PNG copper-moly project
Marengo Mining (MRN-T, MGO-A) is considering the financial merit behind a 50-million-tonne-per-year copper-molybdenum open-pit mine in Papua New Guinea.
Snowden awards photo snappers
Australia-based mine consultancy and engineering company Snowden Group is again hosting a global photo competition,…
Progress for Marengo’s PNG copper-moly feasibility
Marengo Mining (MRN-T, MGO-A) is considering the financial merit behind a 50-million-tonne-per-year copper-molybden…
GBS Gold sees potential at Union Reefs deposits (May 12, 2008)
Recent drill results from GBS Gold International’s (GBS-T, GBSFF-O) Brocks Creek and Fountain Head mines, in Australia, bode well for the company’s Union Reefs operations — fed by ore trucked from se…
Lihir Gold and Equigold merger will create global gold major
A diversified portfolio of producing mines, low cash costs and a growth pipeline are the upshot of a merger between Lihir Gold (LGG-T, LIHR-Q) and Equigold (EQI-A), the companies say.
Aussie uranium juniors: from champagne to flat beer
PERTH, WESTERN AUSTRALIA — They were heady days for uranium juniors in late 2007, when uranium oxide’s spot price hit US$138 a lb. and new Australian uranium float listed on the Australian Stock Exch…
Nautilus gets developer for Solwara 1
Seafloor exploration-focused Nautilus Minerals( NUS-T)has awarded a contract to Technip USA Inc. to develop its deep sea Solwara 1 project, situated in the territorial waters of Papua New Guinea in th…