Canadian firms ink multiple deals on lithium projects
The past few days have seen a flurry of activity in the lithium space, with four Canadian and Australian firms announcing acquisitions and earn ins.Li3 Lithium (TSXV: LILI) announced Wednesday…
Australia, NZ & South Pacific
TNM Drill Down: Burkina Faso delivers top drill assay of Dec. 9-16
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 Mining…
Ioneer’s lithium-boron project in Nevada moves into final permitting stage
Australia-based ioneer (NASDAQ: IONR; ASX: INR) said on Monday its flagship Rhyolite Ridge lithium-boron project in Nevada has advanced into the final stage of federal permitting. The company said the…
Newcrest CEO Biswas leaves Australia’s top gold miner
Newcrest Mining (TSX: NCM; ASX: NCM) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia’s top gold…
Rio Tinto secures direct ownership of Oyu Tolgoi
Rio Tinto (NYSE: RIO; LON: RIO; ASX: RIO) is now the majority owner of the giant Oyu Tolgoi copper-gold mine in Mongolia, as it has completed its US$3.3 billion buyout…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
Fortescue ups stake in Candente Copper with $4M investment
Australian miner Fortescue Metals Group (ASX: FMG) is investing a further $4 million (US$2.9 million) in Candente Copper (TSX: DNT), which will increase its stake in the Canadian junior from 19.4% to 25.4%….
Rio Tinto hunts for lithium deals, eyes Jadar revival
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Tuesday it is actively searching for lithium assets as its expects prices for the metal used in the making of…
Global miners’ ESG strategies show ‘concerning’ lack of focus on gender
The mining industry shows a lack of focus on gender and diversity in their environmental, social and governance strategies, a recent report by Stratum International and Digbee has found. Based…
SolGold shares dive despite raising US$36M with Jiangxi backing
Shares in Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) dropped on Monday more than 7% after revealing it had completed a US$36-million capital raise with the participation of new investors, including…
BHP invests in Gates and Friedland-backed firm I-ROX SAS
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has joined billionaire Robert Friedland’s I-Pulse Inc. and Breakthrough Energy Ventures, a clean-tech venture backed by Bill Gates and Jeff Bezos, to speed…
Glencore scraps US$1.3B Australian coal project
Miner and commodities giant Glencore (LSE: GLEN) has shelved plans for a giant A$2 billion (US$1.3 billion) coal mine in Australia’s Queensland state, which would have become one of the…