South32 offers US$1.3B for Arizona Mining
After taking an initial 15% stake in junior zinc developer Arizona Mining (TSX: AZ) in April 2017 for US$81 million and boosting it to 17% over the next year for…
Australia, NZ & South Pacific
TSX Venture inches lower, May 28-June 1
The S&P/TSX Venture Composite Index continued a decline that started in mid-May, falling 1.2% to end the trading week at 765.94. Shares of Goldex Resources rose 69¢ to $1.16 after…
TSX Venture continues slow slide, April 30-May 4
The S&P/TSX Venture Composite Index fell 1.47% to end the trading week at 772.24. The index has been on a three-week slide since mid-April, when it traded briefly above 800…
Superior Gold expands Plutonic
In its first year as a public company and gold producer, Superior Gold (TSXV: SGI) churned out 82,019 oz. of the precious metal from its Plutonic mine in Western Australia,…
Facts ‘n’ Figures: Global exploration spending on the rebound, study finds
The following is an edited excerpt from the World Exploration Trends report, released by S&P Global Market Intelligence. To see the full report, visit www.spglobal.com/marketintelligence. Things are looking up for…
Tianqi to build world’s largest spodumene converter
Tianqi Lithium Australia, a subsidiary of China’s Tianqi Lithium, has started building a state-of-the-art spodumene converter that will produce battery-grade lithium hydroxide in Kwinana, Western Australia. Initial production is expected…
TSX Venture Exchange inches higher, Feb. 5-9
After falling nearly 90 points in the first week of February, the S&P/TSX Venture Composite Index has levelled off, rising 0.2% to finish at 813.39. Shares of Gold Reserve rose…
Friedland-backed Clean TeQ Holdings debuts on TSX
Clean TeQ Holdings (TSX: CLQ; ASX: CLQ), which owns the Sunrise project in Australia, one of the highest-grade and largest nickel-cobalt deposits outside of Africa and one of the highest-grade…
More exploration needed, MinEx’s Schodde says
VANCOUVER — A looming decline in production from Australia’s gold mining industry could be a wake-up call for explorers worldwide, MinEx Consulting managing director Richard Schodde says. The industry soothsayer…
Lithium demand to triple by 2025, CRU expects
Regulations in China that plug-in hybrid electric vehicles and fully electric vehicles must make up 8% of all new vehicle production in the Asian juggernaut in 2018, rising to 10%…
Roskill’s Jack Bedder peers into cobalt crystal ball
Cobalt has more than doubled in price from US$14.75 per lb. in late December 2016 to over US$30 per lb., making it one of the top performing metals this year….
Novo shares tumble on sampling woes at Purdy’s Reward
VANCOUVER — Novo Resources (TSXV: NVO; US-OTC: NSRPF) is “uncomfortable” with the experimental, bulk-sampling technique it has been using for grade estimation at the company’s Purdy’s Reward paleoplacer joint-venture gold project…