Lithium prices and equities to rise from bottom by July, Canaccord Genuity says
Prices for lithium and the stocks of companies trying to mine it are poised to rebound by July although they’re unlikely to resume the boom times of two years ago,…
Australia, NZ & South Pacific
BHP becomes first miner in Chile to reach 40%+ female workforce
Women now represent 40.8% of BHP‘s (NYSE: BHP; LSE: BHP; ASX: BHP) staff in Chile, making it the first miner in the country to reach this benchmark. The company, which…
PDAC 2024: Some junior miners must die so others may live, panel says
Canada’s once-mighty junior mining sector crumbled after governments squeezed the middle class and let multinationals buy the country’s big miners, a panel of finance experts told mining’s biggest conference this…
Perseus extends bid for Tanzania gold developer OreCorp to April
Australia’s Perseus Mining (TSX: PRU; ASX: PRU) isn’t giving up on its plans to acquire African gold developer OreCorp (ASX: ORR), releasing on Friday a second supplementary bidder’s statement that…
From competitor to partner, AI joins forces with the explorers
If you’re a long-term reader of mine, you’ll know I’ve framed tech in a rather skeptical light. Perhaps unfairly. But when it comes to liquidity in the financial system, there’s…
OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t
OceanaGold (TSX: OGC; US-OTC: OCANF) is hoping its Waihi North project will meet the requirements for accelerated development of major projects under a new permitting regime introduced by New Zealand’s…
PDAC: Faster permitting key to advancing critical mineral projects, panel warns
Governments must help cut permitting and production timelines if Canada is to produce enough minerals to reach net zero goals by 2050, says the CEO of Ring of Fire project…
SolGold to invest US$3.2B in Cascabel under deal signed with Ecuador
Shares in Ecuador-focused SolGold (LSE: SOLG; TSX: SOLG) shot up more than 23% on Wednesday after the company committed to invest US$3.2 billion in its flagship Cascabel copper-gold project and…
PDAC 2024: Junior miners see short-selling ‘epidemic’
Junior miners at this week’s Prospectors and Developers Association of Canada (PDAC) convention say recently proposed new rules about short-selling could help stem the bleeding in their stocks, which are…
Macquarie flags nickel deficit as Indonesian permit delays drag growth
The global nickel market risks a surprise deficit this year amid slowing processing timelines for new Indonesian nickel mine permits, the Macquarie Group said in a report Thursday. This bottleneck…
Diamond producers warn of pitfalls in G7’s Russia gem ban
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of…
Karora drills hit high-grade gold, nickel in Oz
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF) has released high-grade drill results from the Fletcher shear and Larkin gold zones and the emerging 50C nickel zone at the Beta Hunt…