Global mining deaths rise for second straight year
Fatalities in the global mining industry rose for a second consecutive year in 2024, the International Council on Mining and Metals (ICMM) said in its latest annual safety report. ICMM’s…
Australia, NZ & South Pacific
JV video: Vista Gold shrinks Mt Todd project to cut costs
Vista Gold (TSX: VGZ; NYSE-AM: VGZ) has recast its Mount Todd project in Australia as a single, “right-sized” mine aimed at cutting upfront capital by roughly 60%, CEO Fred Earnest…
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…
Kinterra scores win in New World Copper takeover bid
Australia’s Takeovers Panel has blocked New World from issuing shares to CAML, giving Kinterra time to contest the deal.
EQ Resources gains EXIM interest for tungsten project
Under the new Supply Chain Resiliency Initiative, the Letter of Interest states that EXIM is considering a 10-year debt facility of up to $34 million.
Kinterra matches Central Asia’s bid for New World
Kinterra Capital has made an improved offer to buy Australia’s New World Resources (ASX: NWC) as it looks to beat London-listed Central Asia Metals (LSE: CAML) in the takeover battle. On…
BHP builds $10.6B Jansen mine for potash footprint
The biggest private investment in Saskatchewan history is nearing the finish line. BHP (NYSE, LSE, ASX: BHP) is more than 60% of the way towards completing stage one of the…
Central Asia Metals ups offer for New World
The takeover battle for Australian copper developer New World Resources (ASX: NWC) is heating up after Central Asia Metals (LSE: CAML) raised its offer shortly after Canada’s Kinterra Capital made…
Australia OKs Energy Fuels’ Donald rare earth project
Energy Fuels (NYSE-A: UUUU; TSX: EFR) has received final regulatory clearance to develop the Donald rare earth elements (REE) and mineral sand project in southeast Australia. The government of Victoria…
Zenith grows Dulcie gold project resource by 41%
Zenith Minerals (ASX: ZNC) says contained gold at its Dulcie Far North (DFN) project in Western Australia jumped 41% compared with the previous resource in December. The resource — all…
Glencore urges Aus support to save Mount Isa smelter
Glencore (LSE: GLEN) has declared its Mount Isa copper smelter unviable and is awaiting a response from Australia’s federal and Queensland’s governments regarding requests for financial assistance to keep the…
Central banks expect more gold buying, de-dollarization
Central banks around the world continue to hold favourable expectations for gold, with most looking to add to their reserves over the coming months and even years, an annual survey…