Mexico’s ‘shock’ new mining law hurts juniors most
A new mining regime blindsided Canadian juniors in Mexico on Apr. 29 after the Mexican Senate rushed through a contentious bill that experts say will deter investment. Under the new…
Australia, NZ & South Pacific
Wyloo extends deadline for Mincor takeover bid
Andrew Forrest’s Wyloo Metals said on Wednesday it was extending its takeover offer for Australian nickel explorer Mincor Resources (ASX: MCR) until the end of trading in the Australian market on…
Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid
As an exclusive four-week due diligence period for Newmont (NYSE: NEM; TSX: NGT) to assess the Newcrest Mining (TSX: NCM; ASX: NCM) data room draws to a close, Newmont says…
Fortescue Metals begins magnetite production at Iron Bridge
Fortescue Metals Group (ASX: FMG), the world’s No. 4 iron ore miner, has achieved first production at its US$3.9-billion Iron Bridge Magnetite operation in Pilbara, Western Australia, 20 years after…
RANKED: World’s biggest nickel projects
Nickel is a crucial component in the batteries that power electric vehicles, and as the the world shifts towards electrification, data from International Nickel Study Group shows a massive 22% year…
TNM Drill Down: Best gold assays of the week come from Fiji, Colombia and Mali
Our TNM Drill Down features highlights of the top gold assays of the past week (Apr. 21-28). Drill holes are ranked by gold grade x width, as identified by our…
ASX-listed Peak Rare Earths lands US$18M for Tanzania project
Australian junior Peak Rare Earths (ASX: PEK) said on Monday it has locked A$27.5 million (US$18 million) in funding from high net worth and offshore institutional investors to advance its Ngualla…
PNG landowners hope to stymie Barrick’s restart of Porgera gold mine
Landowners served Barrick with a no trespass notice last week.
TNM Drill Down: Reunion Gold’s Oko West in Guyana tops week’s gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
Horizonte says Araguaia nickel mine in Brazil is on track for early 2024 production
Horizonte Minerals (TSX: HZM; AIM: HZM) said on Monday it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024. The…
Wyloo tightens grip on nickel explorer Mincor
Wyloo Metals, a privately-held mining company owned by Australian billionaire Andrew Forrest, has secured control of nickel and gold explorer Mincor Resources (ASX: MCR) by locking in a 51.24% interest….
ASX-listed Essential Metals rejects Tianqi Lithium-IGO takeover bid
Essential Metals (ASX: ESS) shareholders have rejected a A$136 million (US$92 million) joint takeover bid led by China’s Tianqi Lithium and Australia’s IGO Ltd. (ASX: IGO). The outcome was, in…