Australia, NZ & South Pacific



CIM updates mineral property valuation code

The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) recently released its updated Canadian standards and guidelines for the valuation of mineral properties (CIMVAL 2019). Its new code is the…







Cameco and Orano’s McArthur River uranium project, currently on care and maintenance in northern Saskatchewan’s Athabasca basin. Credit: Cameco

Top-10 large, high-grade uranium projects

Uranium companies have been awaiting a price recovery since the Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016 the spot uranium price has remained below US$30 per…


Resolute sells Ravenswood 
to focus on Africa

Resolute Mining (LSE: RSG) is selling its Ravenswood gold mine in Queensland — its only Australian asset — to private equity firm EMR Capital Management for US$207 million in cash….


Lynas faces environmental lawsuit in Malaysia

Australian rare earths miner Lynas (ASX: LYC) said Friday that three individuals in Malaysia had filed a lawsuit challenging the government’s decision to renew the company’s operating licence last year….


Rio Tinto to close world’s biggest diamond mine

Rio Tinto’s (NYSE: RIO) iconic Argyle mine in remote Western Australia, the world’s biggest and the main global source of high-quality pink diamonds, will close in the fourth quarter of…


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