Canada’s first rare earth miner in trading halt on expansion rumours
Vital Metals is said to be in final talks to acquire two RREE projects in Quebec, one of which is considered to be the world’s fourth largest dysprosium deposit.
Australia, NZ & South Pacific
Feds give thumb’s down to Grassy Mountain met coal project
Following a rejection of the Grassy Mountain metallurgical coal project in Alberta from a joint review panel last month, Benga Mining has now received a second “no” – this one…
Resolute Mining sells Bibiani mine to Asante Gold for US$90 million
Australia’s Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada’s Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by…
Anglo American, Salzgitter to jointly advance green steel
Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The partners intend to conduct research into…
BHP to expand nickel operations to meet soaring demand
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia…
Cameco pares Q2 loss as uranium contract business grows
Canada’s largest uranium producer Cameco (TSX: CCO) says it has managed to narrow its June-quarter headline loss despite a 32% drop in overall revenue. The quarter also saw its long-term…
Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…
Battle for Noront heats up with BHP’s US$258 million bid
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has offered $325 million (US$258.45 million) for Canadian nickel miner Noront Resources (TSXV: NOT), trumping a bid by Australian mining billionaire Andrew Forrest’s…
Q&A: Evolution Mining to acquire Kundana assets from Northern Star Resources
Evolution Mining (ASX: EVN) announced on July 22 that it is acquiring assets from Northern Star Resources’ (ASX: NST), most of which are within eight km of its Mungari mine…
Evolution Mining is on a roll
When Jake Klein spoke about Evolution Mining at the Northern Miner’s Global Mining Symposium in May, the company’s founder and executive chairman emphasized that his team was “continually looking to…
Top Ten U.S. miners
Mining in the United States has played a significant role in the country’s development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization,…
BHP inks conditional port deal for Jansen potash mine
The mining giant said in June it would present its board with a decision on whether to move ahead with Jansen after choosing between two port options.