$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…
Australia, NZ & South Pacific
Lynas produces first heavy rare earths outside China
Australia’s Lynas Rare Earths (ASX: LYC) has become the first producer of so-called ‘heavy’ rare earths outside of China following the successful production of dysprosium at its Malaysia plant. Dysprosium…
Ausgold solves Katanning ‘puzzle’ with new intercepts
Ausgold (ASX: AUC) on Wednesday reported multi-kilometre gold intercepts along Western Australia’s Stanley Thrust. Step-out drilling at the Katanning gold project (KGP) produced results that suggest a possible gold district,…
Rio Tinto bets big on Lithium Triangle’s brine riches
Rio Tinto (ASX, LSE: RIO) is doubling down on lithium, with CEO Jakob Stausholm declaring that South America’s Lithium Triangle is the ideal region to secure the metal critical to…
Minerals 260 eyes 2028 gold output at Bullabulling
Minerals 260 (ASX: MI6) is starting its own studies at the newly acquired Bullabulling project in Western Australia’s Goldfields, targeting a final investment decision next year and first production in…
Early-stage Orca to squeeze ore from seaweed
Marine cultivator Blue Evolution launched Orca Minerals last week in a bid to harvest scandium, palladium and rare earths from seaweed farms. Orca, located in San Jose, Calif., is partnering…
Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou, told…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Gold Fields to buy Gold Road in $2.4B deal
Gruyere gold mine joint venture partners Gold Fields and Gold Road Resources reach agreement on a friendly deal to consolidate ownership.
Rio Tinto eyes rare earths sector
Rio Tinto (ASX: RIO) is considering a move into rare earths and other critical minerals as it responds to shifting global market dynamics and trade tensions. Following the company’s annual…
Uranium juniors grapple with spot price whiplash
Junior uranium miners are considering alternative strategies to attract investors amid a disconnect between spot price enthusiasm and investor uncertainty. Equity raised by uranium miners on the TSXV jumped…
Southern Cross banks $143M to fast-track Sunday Creek resource estimate
Australia’s Southern Cross Gold (ASX: SXG) raised $143 million (A$162 million) in a private placement in Canada to support work at the Sunday Creek gold-antimony project. Bankers from Stifel Nicolaus…