Royal Nickel to become a cash-generating producer
Royal Nickel Corp. (TSX: RNX), also known as RNC, is taking advantage of the low commodity prices to transform into a multi-asset producer of nickel, gold and copper.
Australia, NZ & South Pacific
Sherritt hit by low nickel prices at Ambatovy
Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce…
Top gold performers in 2015
Since the commodities downturn started four years ago, gold companies have sought ways to reduce costs and push ahead. The spot gold price ended 2015 at US$1,061 per oz., down 10% for the year and 36% since closing 2012 at US$1,664 per oz….
A sobering look at gold M&A since 2010
Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…
Adventures in automation
Leaders in the mining industry are starting to recognize that automation is part of the answer to the sector’s productivity problems, says Michael Murphy, chief engineer, mining technology enabled solutions with leading mining sector…
How analytics is transforming mining
After the excess investment and focus on production volume during the commodities supercycle, the new mantra of the mining sector is all about productivity.
Open innovation takes root
Mining companies and organizations are increasingly going outside of the industry and using open innovation platforms to find solutions to their challenges.
Editorial: Trans-Pacific Partnership details bring fresh round of scrutiny
Details of the proposed Trans-Pacific Partnership (TPP) trade agreement have been released by the 12 nations that signed its terms on Oct. 5, 2015, after seven years of negotiation.
AuRico CEO: ‘We’re well situated for challenging markets’
VANCOUVER — Newly minted AuRico Metals (TSX: AMI; US-OTC: ARCTF) is poised to hit the ground running with a strong capital position and a portfolio of royalty assets that already make it cash flow positive.
Editorial: Do FIFO operations aggravate mental health problems?
Worldwide, Western Australia could be considered ground zero for fly-in, fly-out (FIFO) mining operations, with thousands of mining personnel daily making the air commute from home in pleasant cities like Perth to work for long stretches at…
OceanaGold bids $856M for Romarco Minerals
OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in a friendly all-share, $856-million deal to secure low-cost growth in the form of the junior’s Haile gold mine, which is under construction in South Carolina.
Facts ‘n’ Figures: Surbiton – Aussie M&A shakes up production rankings
The following is an edited version of a commentary by Surbiton Associates, an independent consulting group based in Melbourne and specializing in Australian gold mining and minerals industries. Visit www.surbiton.com.au for more…