Kirkland Lake raises dividend on strong earnings
Kirkland Lake Gold (TSX:KL; NYSE: KL) reported third-quarter gold production of 339,584 oz., a 3% increase over the 329,770 oz. generated in the prior quarter. The Detour Lake and Fosterville…
Australia, NZ & South Pacific
Newcrest starts trading in Canada
Shares in Newcrest Mining (TSX: NCM; ASX: NCM) were up almost 2% in pre-market trading in Canada, as the miner, Australia’s largest gold producer, began trading on the Toronto Stock…
Diamond-gold deposit in Canada mirrors South Africa’s Witwatersrand Goldfields: study
Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada’s Nunavut territory, an association…
BHP strikes heritage deal ahead of annual meeting
BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
Northern Star, Saracen create US$11.5B Australian gold giant
Australia’s Northern Star Resources (ASX: NST) is buying smaller peer Saracen Mineral Holdings (ASX: SAR) in a deal that will create an A$16 billion (US$11.5 billion) gold giant, the world’s…
Aussie gold miner Newcrest to begin trading on TSX
Following its acquisition of a 70% stake in the Red Chris copper-gold mine in British Columbia last year, Australia’s largest listed gold miner, Newcrest Mining (ASX: NCM), will begin trading…
Australia’s Queensland state approves giant coal mine project
Authorities in Queensland have granted Pembroke Resources a mining lease for its A$1 billion (US$710 million) Olive Downs mine, which is poised to become the state’s third-largest coal operation. The…
Jervois Mining to buy cobalt, nickel refinery in Brazil
Jervois Mining (TSXV: JRV; US-OTC: JRVMF) is buying a nickel and cobalt refinery in Brazil from Companhia Brasileira de Alumínio for 125 million reals (US$22.1 million) in an effort to…
Lion One sees high-grade, underground operation in Fiji
Lion One Metals (TSXV: LIO; US-OTC: LOMLF) has released an updated preliminary economic assessment (PEA) for its wholly owned Tuvatu alkaline gold project in Fiji, which suggests a high-grade, 1,000-tonne-per-day…
BHP options Elliott copper project in Australia
BHP (NYSE: BHP; LSE: BHP) has signed an option agreement with Encounter Resources (ASX: ENR) over the Australian explorer’s 4,500-sq.-km Elliott copper project, in the Northern Territory. The pact would…
BHP asks traditional owners to voice concerns on cultural heritage sites
BHP (NYSE: BHP; LSE: BHP) has told Australian Aboriginal groups to freely speak their mind about the way it manages cultural heritage as the miner readies to appear before a…