Australia, NZ & South Pacific

Exploration staff collecting samples at WCB Resources' Misima Island gold-silver project, 630 km southeast of Port Moresby, Papua New Guinea. Source: WCB Resources

WCB unveils multi-million ounce gold-silver deposit

VANCOUVER — Things look to be heating up for junior explorer WCB Resources (TSXV: WCB) on the small island of Misima, 630 km southeast of Port Moresby, Papua New Guinea. The company has laid low for nearly a year, but it seems to have…


Cartoon by JK.

PwC gold study charts new ground

A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…


Boart Longyear CEO Richard O'Brien.

Boart Longyear weathers downturn

When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.



Geologists study drill cuttings at the Beatons Creek gold project in western Australia (2012). Source: Novo Resources

Newmont takes large stake in Hennigh’s Novo Resources

Newmont Mining (TSX: NMC; NYSE: NEM) has acquired a 35.7% stake in Novo Resources (CNSX: NVO), a Vancouver-based junior that is earning a 70% interest in two exploration properties in the Eastern Pilbara shire of Western Australia that…


An exploration vessel at Nautilus Minerals' Solwara 1 underwater project, in 2010.  Source: Nautilus Minerals

Nautilus, PNG await arbitration decision

VANCOUVER — In 2011 it looked like Nautilus Minerals’ (TSX: NUS; US-OTC: NUSMF) pioneering plan to mine high-grade sea floor sulphide deposits might actually work. The company had permits, a joint venture with the Papua New Guinea…




Alacer Gold's Jubilee gold-processing plant, 15 km south of Kalgoorlie in Western Australia. Source: Alacer Gold

Alacer says ‘hooroo’ to Australia

It is no secret that lower gold prices are making management teams leaner. But a lesser-discussed result of all the cost-cutting is that geographical diversification can also be lost.


Eurasian explores new gold region at Koonenberry

WHISTLER, B.C. — When it comes to project generators, there aren’t many companies with a global reach quite like Vancouver-based Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX). The company is active across Europe, the Middle East and…


B2Gold brings its operational prowess to Masbate

VANCOUVER — The Philippines may not top any list of mining-friendly jurisdictions, but that hasn’t deterred geographically diversified Canadian miner B2Gold (TSX: BTO; NYSE-MKT: BTG) at its recently acquired Masbate gold mine,…


Mining activity in the pit at Monument Mining's Selinsing gold mine in Malaysia. Source: Monument Mining

Monument forges ahead in Malaysia

VANCOUVER — It has been three years since Vancouver-based junior Monument Mining (TSXV: MMY) started production at its Selinsing gold mine at Bukit Selinsing Koyan, 65 km north of Raub, Malaysia. And the company is showing no signs of…


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