Rio Tinto to favour building new copper mines over M&A, exec says
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will prioritize developing new copper mines over acquiring new ones to achieve its goal of producing 1 million tonnes of the metal…
Australia, NZ & South Pacific
Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than US$210 million higher than its capital costs. The Bankan…
Video: Resource Capital Funds partner on how juniors can survive the capital crunch
Private equity brings countercyclical investment strategies that can be a lifeline for junior explorers and miners in a down market, Resource Capital Funds partner and head of credit David Halkyard…
Gold Road Resources seeks stake in Greenstone Gold Mines
Australia’s Gold Road Resources (ASX: GOR) confirmed on Monday rumours about its intention to acquire a stake in Canada’s Greenstone Gold Mines, a 60-40 partnership between Equinox Gold (TSX: EQX)…
Uranium snapshot: Eight companies hunting for the energy metal
Nuclear energy is gaining traction as a reliable non-carbon fuel source and as uranium prices have reached historic highs over the last few months. Here’s a list of eight uranium…
Glencore tussles with farmers in Australian court over carbon storage plan
Australian farmers are taking mining giant Glencore (LSE: GLEN) to federal court to block a carbon capture and storage plan they say will pollute an underground water reservoir a fifth…
Orecorp saga ends as Silvercorp sells stake to Perseus Mining
Canada’s Silvercorp Metals (TSX: SVM, NYSE: SVM) has officially stepped aside from the race to control Africa-focused gold explorer OreCorp (ASX: ORR), accepting to sell its 15% stake in the company…
Westgold takes ‘prize’ Beta Hunt mine in $1B Karora takeover in Australia
Australia’s Westgold Resources (ASX: WGX; US-OTC: WTGRF) is buying Karora Resources (TSX: KRR; US-OTC: KRRGF) in a $1 billion (A$1.23 billion) cash-and-shares deal to control the jewel in the country’s…
Video: Triple Flag CEO on why the streaming and royalty model remains so compelling
Royalty and streaming company Triple Flag Precious Metals (TSX: TFPM) has maintained strong growth since it formed eight years ago to fill a need for long-term capital in mining sector,…
TNM Drill Down: Nevada King Gold scores best assay
Our TNM Drill Down features highlights of the best gold assays of the March 29 – April 5 period. Drill holes are ranked by gold grade x width as identified…
Rio Tinto promotes copper boss Bold Baatar to commercial chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has promoted copper executive Bold Baatar to the post of chief commercial officer, in a move deemed by analysts as a clear…
Orion looks to offload another 8.3% stake in Capstone Copper
The three Orion Resource Partners funds that recently sold a stake in Capstone Copper (TSX: CS; ASX: CSC) are selling another 8.3% holding via a secondary offering in Australia for…