PDAC: ETFs drain exploration funding
Massive investment flows into metals exchange-traded funds (ETFs) over the past two decades are the main reason miners are struggling to raise capital, an analyst told the world’s biggest mining…
Australia, NZ & South Pacific
Video: China fuels EV battery boom as per-unit capacity nears peak, Adamas says
Electric vehicle battery capacity could hit a record one terawatt-hour this year, according to Frik Els, a battery metals expert at Adamas Intelligence. Analysts expect China to use 60% of…
Site visit: Native Mineral seeks Forrest-inspired phoenix at Blackjack in Australia
Native Mineral Resources (ASX: NMR) only recently acquired its primary asset in Queensland, but it has set an aggressive schedule to restart production. The Sydney-based explorer bought the Far Fanning…
PDAC: Canada, Australia risk falling behind in investment race, BHP boss says
Canada and Australia could end up trailing emerging mining nations such as Argentina if their governments don’t speed up permitting and lower costs, BHP (NYSE, LSE, ASX: BHP) CEO Mike…
PDAC: How size, location affect investor picks
Big discoveries trump jurisdictional issues but sometimes case by case analysis turns that on its head, Scotiabank’s mining and metals investment team leader told a session at the Prospectors &…
Laramide boosts Westmoreland tonnage by a third
An update to Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) Westmoreland uranium project in northern Australia increases indicated tonnage by 34% and inferred tonnage by 11% over the previous resource from…
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Site visit: NMR seeks Forrest-inspired phoenix at Blackjack in Australia
Native Mineral Resources (ASX: NMR) only recently acquired its primary asset in Queensland, but it has set an aggressive schedule to restart production. The Sydney-based explorer bought the Far Fanning…
Spotlight: Global metals exploration
The world is on the cusp of a tidal wave of new demand for metals critical to the economy and the future of the planet. From copper, nickel and vanadium…
China’s Yancoal earmarks $1.2B to expand
China-backed Yancoal (ASX: YAL) plans to invest its A$1.8 billion (US$1.2 billion) capital reserve into acquiring new assets, potentially beyond Australia and even outside the coal sector. The company, which…
American Rare Earths boosts oxides 10x
American Rare Earths (ASX: ARR) now has 10 times the total rare earth oxides (TREO) concentration at its Halleck Creek project in Wyoming. The TREO jumped to 3.72% from 0.34%…
Wyloo, Hastings form Yangibana rare earths JV
Australian tycoon Andrew Forrest’s Wyloo has agreed to form an unincorporated joint venture with Hastings Technology Metals (ASX: HAS) for the Yangibana rare earths and niobium project in Western Australia….