Noront receives official Wyloo offer, trumping BHP bid
Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals – more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late…
Australia, NZ & South Pacific
Major Drilling results confirm rebound in exploration – as well as rising costs for miners
Rebounding exploration activity has propelled Major Drilling’s (TSX: MDI) revenues and earnings to a nine-year high. In the company’s first quarter of fiscal 2022, ended July 31, the Moncton-based drilling company reported revenues of $151 million – up 69% from the same…
Kirkland Lake Gold adds 10M oz. gold to Detour Lake resources
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has released a mid-year updated resource estimate for its Detour Lake mine in Ontario, adding another 10.1 million oz. of contained…
The View from England: Burning lessons for mining
The ‘Burners’ amongst you will not need reminding that the Burning Man festival takes place in Nevada’s Black Rock Desert every year during the week leading up to the U.S….
Kirkland Lake hits new visible gold intersections at Fosterville
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has intersected new visible gold bearing mineralization below the Swan zone, along the Cygnet Fault system, and to 1,000 metres downplunge…
Piedmont and Sayona complete acquisition of Canadian lithium miner
Australia’s Piedmont Lithium (ASX: PLL) and its 19%-owned Sayona Mining (ASX: SYA) have completed the acquisition of Canada’s North American Lithium (NAL), as part of their plan to create a potential lithium production hub in the…
Australia’s Star Minerals nearing IPO
Western Australia-based Star Minerals says it is close to launching an initial public offering with the goal of funding the development of the advanced Tumblegum South gold project. According to…
Fortescue best positioned to weather industry disruption – report
Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the mining sector, GlobalData says in…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
Blair Athol coal mine life extended by 10 years
Life extension of central Queensland’s coal mine follows a reserves update that added 19.5 tonnes.
Rio Tinto, Sumitomo to assess hydrogen plant at Yarwun refinery
They will jointly study the feasibility of a hydrogen pilot plant at Rio’s alumina refinery in Gladstone, Queensland.
Lynas gets extension to build waste plant in Malaysia
Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country’s east coast. The Australian miner, which fought hard to…