China’s Yibin Tianyi invests in lithium-focused AVZ Minerals
China’s Yibin Tianyi is taking a 12% stake in Australia’s AVZ Minerals (ASX: AVZ) for A$14.1 million (US$9.6 million). The Perth-based mining company says it will use the funds to…
Asia
TSX Venture falls, Oct. 28-Nov 1: Abitibi Royalties, Equinox, New Pacific, O3 Mining
The S&P/TSX Venture Composite Index fell 0.9% to 541.49. Spot gold finished at US$1,514.10, up 0.67%. Abitibi Royalties shares jumped 68¢, or 4.78%, to $14.90. The company’s board of directors…
Lynas and Blue Line to build rare earths separation capacity in US
A combination of growing demand for rare earth elements (REEs) and supply uncertainty related to the ongoing trade war between the U.S. and China has reignited project investment, with rare…
Editorial: Indonesia to ban nickel ore exports in 2020
Indonesia has confirmed it will ban exports of nickel ore from January 2020 — two years earlier than expected. The Southeast Asian nation is the world’s largest nickel ore producer,…
Local blockade halts OceanaGold’s Didipio mine in the Philippines
OceanaGold (TSX: OGC; ASX: OGC) has suspended underground mining at its Didipio gold-copper mine on the island of Luzon in the Philippines due to restraints imposed by the provincial government…
Turquoise Hill faces trouble at Mongolian mine
Shares of Canada’s Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) sunk to historic lows in August on news that production from the vast Oyu Tolgoi copper-gold-silver mine in Mongolia could…
Top-10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization, as of early July 2019. 1. Nutrien Market cap: $41.8 billion Nutrien (TSX: NTR; NYSE: NTR) is the…
Japan Gold drills Ohra–Takamine project
Japan closed all 76 of its gold mines during World War II, and reallocated personnel to base metal mines and factories. After the war, it only reopened 12 of the…
Odds ‘n’ Sods: My project in Pakistan went ‘boom’
Half a day south of the N40 highway in Pakistan, the main road heading west to Iran through the Balochistan desert, lies the Ras Koh mountain range. Steep, rugged mountains…
Odds ‘n’ Sods: Dodging drug smugglers in Western Pakistan
Western Pakistan is a fascinating place. It’s remote, arid, tribal, and these days, a Taliban stronghold — not the friendliest of spots for westerners planning on coming home still attached…
Canadian Mining Symposium Snapshot: Presenters pursue riches on varied fronts
The Canadian mining industry and European investment community come together once again on May 22, 2019 for The Northern Miner’s third annual Canadian Mining Symposium at Canada House in London,…
Uranium markets starting to improve, Cameco’s Gitzel says
The following is a transcript of remarks made by Cameco (TSX: CCO; NYSE: CCJ) president and CEO Tim Gitzel during the company’s first-quarter conference call on May 1 on the…