Rio Tinto to build Hope Downs iron mine in Australia
Vancouver — Rio Tinto (RTP-N, RIO-L) is beginning mine construction at its massive Hope Downs iron ore project in the Pilbara region of Western Australia….
Australia, NZ & South Pacific
Coeur basks in record Q1 profits
Vancouver – A 31% increase in silver production helped Coeur d’Alene Mines (CDM-T, CDE-N) post net earnings of US$…
International Royalty to pick up Aussie gold NSR
Vancouver — International Royalty (IRC-T) has inked a royalty purchase agreement covering a large package of gold projects, including a producing operation, in Western Australia….
Consmin to take Titan private
Just as in Canada, the nickel industry in Australia is seeing the emergence of small and middle-tier producers growing through consolidation. In the latest move, Consolidated Minerals (CSMBF-O, CNM-L,…
Rio Tinto to build Hope Downs iron mine in Western Australia
Vancouver – Rio Tinto (RTP-N, RIO-L) is commencing mine construction at the massive Hope Downs iron ore project in …
Newmont profits rise along with production costs
Vancouver – Un-hedged producer Newmont Mining (NEM-N, NMC-T) realized a gold price of US$555 per oz. on sales of 1…
Protesters paralyze Goro
Weeks after angry protesters at Inco’s (N-T, N-N) Goro site in New Caledonia caused upwards of $10 million in damages and forced a shutdown of operations, the nickel company is still tallying the bill…
International Royalty buying Aussie gold NSR
Vancouver – International Royalty (IRC-T) has inked a royalty purchase agreement covering a large package of gold p…
Ivernia profitable in fourth quarter (April 17, 2006)
Ivernia (IVW-T, IVWFF-O) closed out 2005 with its first quarter of commercial production at the Magellan lead mine in Western Australia, and made money doing it….
Denison buys into Aussie explorer
Denison Mines (DEN-T, DNMIF-O) has concluded an alliance with an Australian junior that will give Denison an interest in a portfolio of uranium exploration properties in the Northern Territory and Wes…
Diavik surpasses 20M carats
In the little over three years since startup, the Diavik mine in the Northwest Territories has produced just under 20 million carats of rough diamonds to the end of 2005….
Ivernia profitable in fourth quarter (March 31, 2006)
Ivernia (IVW-T) closed out 2005 with its first quarter of commercial production at the Magellan lead mine in Wester…