TNM Drill Down: Red 5 hits triple-digit gold at Darlot
Our TNM Drill Down features highlights of the best gold assays of the May 24-31 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
Australia, NZ & South Pacific
Gina Rinehart ups stake in lithium-focused Vulcan
Gina Rinehart, the billionaire mining magnate who owns Hancock Prospecting, has boosted her ownership in Vulcan Energy Resources (ASX: VUL) to 7.5% by injecting nearly €12.5 million ($18.5 million) into…
Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
Southern Cross Gold more than doubles Sunday Creek drill program
Australia’s Southern Cross Gold (ASX: SXG) has reported 38 intersections with grades higher than 100 grams per tonne gold-equivalent over a metre’s width at its Sunday Creek project in Victoria,…
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
JV Video: Ecora Resources coal revenue rises as battery metals future beckons, CEO says
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Kincora partners with AngloGold on NJNB project in Australia
Kincora Copper (TSXV: KCC; ASX: KCC) has secured a key partner in AngloGold Ashanti (NYSE: AU; JSE: ANG) for its Northern Junee-Narromine Belt (NJNB) copper-gold project in Australia. Kincora says…
BHP, Rio Tinto to fast-track electric haul truck trials
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), the world’s two largest miners, have partnered up to accelerate the first trial of…
Utah top spot for mine investment, says Fraser Institute
Utah took over the No.1 spot in the Fraser Institute’s 2023 global ranking of jurisdictions for mining investment, while Saskatchewan and Quebec were in the top five. Utah beat out its…
Class 1 Nickel shares jump on Alexo-Dundonald resource update in Ontario
Shares in Class 1 Nickel and Technologies (CSE: NICO; US-OTC: NICLF) gained 43% Thursday to 20¢ apiece after the company released a second resource update in a month for the…
JV Video: Stakeholder relations still key to success, Global External says
Miners need to learn how to speak with people outside the industry, Adam Hawkins, founder and president of Global External, said in an April interview. The industry typically focuses on…